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this presentation will help you to understand the usage of software.

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  1. 1. QuickBooks Abu Bakar Areesha Javed Rabbiya Khalid Anam Mukhtar
  2. 2. Definition QuickBooks is Intuit Inc’s set of software solutions designed to manage payroll, inventory, sales and other needs of a small business. The software’s features include marketing tools, merchant services, product and supplies, training solutions. Each solution is developed according to different industries and their needs.
  3. 3. Requirements • At least a 1.8 GHz processor, • 1 GB of disk space, • 256 MB of RAM for a single user and 512 MB of RAM for multiple users. • Additional requirements are dependent on the desired software package. • All software that is to be downloaded needs a high-speed internet connection, Internet Explorer 6.0 or higher and 2.5 GB of free disk space.
  4. 4. Uses The typical uses of QuickBooks include: •Storing customer and vendor information •Tracking sales and expenses •Creating customer invoices
  5. 5. • Receiving payments from customers • Analyzing sales and expenses • Organizing financial data for tax purposes
  6. 6. QuickBooks Vs. manual accounting • Automatically Calculations • Reduces or eliminates math errors or mistakes • Data entry is consistent • Easy to make Changes • Searching for information is easy • Multiple report formats
  7. 7. Advantages • Minimal accounting knowledge • easy to use • Accurate calculations of financial data • Save time and money • Manage large amounts of financial data
  8. 8. • Executes accounting processes automatically • Offers a variety of products • Organizes all financial data • Integration • Tax benefits • Check Signing • Convenient project estimates and billing
  9. 9. Disadvantages of QuickBooks • Expensive and costly. • Number of releases and features, makes Quick Books more complicated to use. • Upgrade Fees
  10. 10. Functions of QuickBooks • Vendor • Customer • Employees • Company • Bank