Quickbooks - Modern day must for mainly for startups / small volume businesses
What do you like best?
Almost everything !! The software comes preloaded with chart of accounts. It has some wonderful features such as Reporting, auto reconciliation, uploading of bank entries and lot more. The audit trail which is created after you upload the supporting while posting the transaction makes it a perfect to use from remote locations.
What do you dislike?
The softwares inventory and HR module is slightly tricky, which needs some learning and lot of discipline while posting data to avoid errors.
Recommendations to others considering the product:
I would recommend this software to the companies who are at early stage or at mid stage and with a lower transaction base. Also the companies where few people are doing multijobs like sales + account, this software is really good to go.
What problems are you solving with the product? What benefits have you realized?
We are using Quickbooks for accounting of transactions, generating sales invoices, reporting trial balance, financials and Balance Sheets. Also it is helping us in our monthly analysis of expenses and reimbursements. We are also using VAT Return preparation option.
