Quickbooks

1616 WordsNov 20, 20057 Pages
Running Head: QUICKBOOKS QuickBooks BA Project Paper Penn State Harrisburg University I. INTRODUCTION Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries. Accounting/Finance application systems like Peachtree, Net Suite and QuickBooks let you manage your business with a little or no experience. All three application systems allow…show more content…
For example, a screen used to record a check resembles a paper check or a customer invoice resembles a paper invoice form. After the information is entered, QuickBooks automatically records the appropriate accounting transaction using the information entered. Another feature that is offered with QuickBooks is the customization for individual needs. Using the professionally designed templates or build your own templates and customized forms with the QuickBooks Layout Designer, users can create professional looking estimates, invoices, sales receipts etc. to meet the individuals needs. In addition to customizing the look, QuickBooks allows users to turn features on and off, change the color of the interface to make it easier to distinguish between companies, and customize the reports to focus on specific information. QuickBooks Merchant Service is another feature that is offered, which allows the users to process credit cards with a click of a button. It is the only credit card processing solution that's completely integrated into QuickBooks. It is sold separately and there is no need for additional hardware or software. It saves the user money and makes the job easier by keeping more accurate records. Besides that it also tells the user when payments have been deposited to the bank account and it also allows the user to download merchant fees into QuickBooks. Being able to access any important
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