Is Today’s QuickBooks Right For You?Posted on May 31, 2014 by
It is the goal of this column to answer questions about QuickBooks and how it is used in the REI arena. Knowing how to record transactions in the proper way and have your set of books in good shape when it comes time for taxes. It is our intention to do this with you, the members submitting questions to Karen@smallbusinessadvisor.biz, and getting answers here in this column.
Q: Where can I buy QuickBooks?
A: QuickBooks Software is available in most retail stores where computer software is sold. We recommend purchasing a CD copy of the software (versus a download copy) in case of computer issues later on. Warehouse clubs also offer competitive pricing.
Q: Can Quicken do the same thing as QuickBooks?
A: Quicken is specifically designed to handle personal finances while QuickBooks handles small business finances. Each product is tailored (features, reports and workflows) to meet the needs of those specific audiences.
Q: How can I restrict access to certain areas by individual users?
A: You can create “users” to access the company file. When creating the users, you will be able to set up permissions for areas that a particular user has access to. However, just because a user is “restricted” in one company file, does not mean that if the same user opens a different file, they will have the same restrictions. They could create a separate company file and have full access. So rights are restricted based on which company file you open, not on the application. There is no feature that allows someone to restrict areas based on the installation of the system.
Q: Will I outgrow QuickBooks
A: QuickBooks offers a wide range of solutions for virtually every business, from those just starting out to those which have grown bigger and more complex. As your business needs change, you can upgrade to other QuickBooks products with more features or more capacity easily and painlessly – all of your data goes with you.