Here are the basic assumptions behind our main question, which is… “ Do I need Quickbooks for my small business?” BASIC ASSUMPTIONS ABOUT YOUĪssumption #1: You have a business and clients.Īssumption #2: You know that you should be doing accounting and bookkeeping, but you haven’t been staying on top of it.Īssumption #3: You may have subscribed to a Quickbooks plan, but the complexity made you give up or barely ever log in ( I’m guilty of this.) ( Note: This example may or may not be based on personal experience.)
#Quickbooks for students 1user how to#
So of course, I won’t be bashing being a “bean-counter” of sorts, but rather we’ll take a look at how to best utilize something like Quickbooks so that your brain doesn’t experience severe trauma and eventually initiate complete shutdown, resulting in an autopilot response of grabbing a pint of Haagen-Daz from the freezer and sulking on your couch watching reruns of How I Met Your Mother. Now, I’m not disputing that basic bookkeeping and accounting ( or at least knowing your numbers) is important for small business owners, in fact, it might just be one of those basic principles that must be understood in order to survive – money is oxygen for your business and when you run out of money, your business dies. Instead, we’ll be exclusively discussing Quickbooks Online, and whether or not YOU as a small business owner actually need it for your business.
#Quickbooks for students 1user software#
We won’t be touching on the desktop version as this software is frequently used by Quickbooks power users (translation: bookkeepers, accountants, comptrollers) and can also be a bit outdated, depending on what version you have. In this article, we will dissect, piece by piece, the beast that is called Quickbooks Online. And, also, it is a source of unending frustration for small business owners and solopreneurs who don’t have deep accounting skills. Still, the fact remains, Quickbooks is the market leader for small business accounting tools. I’m being a tad dramatic for illustrative purposes, ( and possibly a touch perplexed about why cheap, high quality, hair transplants aren’t a thing yet). You don’t have an accountant, you say? Ok, let’s talk. Don’t fret! There is no reason to pull your hair out – thanks to the wonderful software from our friends at Intuit – your accountant has everything they need to keep your books in order.
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