Question

1. Was this course relatively easy to navigate through when you first began the course?

2. In your opinion, is Quickbooks a product that a non-accountant small business owner could completely understand and use to its fullest extent?

3. In your opinion, does the Quickbooks Online product provide ample communication opportunities between the business owner and their customers? What are those communication opportunities?

4. What type of vendor reports are available to Quickbooks users?

5. What aspect of Quickbooks do you believe is the most beneficial to a small business owner or to their accountant?

Answer 1

QuickBooks is one of the most popular small business accounting solutions in the market. Great for small businesses,

QuickBooks provides an introductory accounting solution with certain packages offering basic inventory management tools.

However, as with any system, there are pros and cons to choosing QuickBooks over other introductory solutions. X

However, as with any system, there are pros and cons to choosing QuickBooks over other introductory solutions.

Based on users all over the world, QuickBooksUsers.com recently conducted a survey to determine “What users like about QuickBooks” and

“What users do not like about QuickBooks” as per the pictures below. Using this data, we can discuss the pros and cons of QuickBooks.

You may have noticed, interestingly, that some of the pros are the same as the cons. It appears that mileage varies greatly. However, in summary, here are the generally accepted pros and cons of QuickBooks:

Pros of QuickBooks:

Easy to use

Efficient

Good accounting reports

Flexible with 3rd party applications

Affordable price

Cons of QuickBooks:

Lack of industry and business-specific features (such as lot tracking, eCommerce and barcode scanning)

Lack of key reports outside of accounting

Instability/system crashes

Lack of direct professional support

File-size issues

Limitations on the number of users