Week Three Course Project
Evaluation of Quickbooks
Section I Overview:
I decided to evaluate Quickbooks Pro 2008 since I already have the program on my computer and the changes that have been made to the software since then are minimal. I have been using Quickbooks since 1994. It is a very good program for small business owners that are not familiar with the rules of accounting. To set up your business accounting records you just need to know the following information: company name, address, website, email, tax identification number, bank account numbers and balances in bank accounts. Quickbooks company set up runs through interview questions which allow you to select the options they feel best suit your needs or you can enter in your own choices. The program allows multiple users to enter data into the file from separate network computers. Another nice feature is the accountant function. You can give your accountant a backup of your data; he can correct mistakes in previous period entries while you can still use your program to update the current period. When the accountant is finished you reinstall the backup and it does not delete any of the data you have entered for the current period.
Currently the price for Quickbooks Pro is $199.95. It will work on either a PC system or a Mac. The PC system requires Windows XP, Vista or Windows 7. Intuit recommends you have at least a 2.0ghz Pentium 4 processor and while 512 MB ram is required they recommend at least 1GB. Also 1GB of available disk space is required and you will need more than that to save the data files. In order to utilize the online features you must have Internet Explorer 6 or later. If you are using the multi user version your network system must have Windows XP, Vista, 2003 server or Windows 2008 server. Quickbooks Pro is compatible with Microsoft Word and Excel versions 2002, 2003 and 2007.
Once you have installed Quickbooks Pro on your computer you are ready to