Quickens vs Quickbooks (1) - PowerPoint PPT Presentation

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Quickens vs Quickbooks (1)

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Here, two accounting softwares (developed by Intuit) have been compared based upon their features where it has been concluded that Quickens are useful for individuals and Quickbooks for small business purpose. – PowerPoint PPT presentation

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Title: Quickens vs Quickbooks (1)


1
QUICKEN
VS QUICKBOOKS
2
Let's first talk about Quicken

3
What Exactly Quicken Is!!
  • Basically ,Quicken is a personal finance
    management tool developed by Quicken Inc.
  • It was released in 1983 , 35 years ago by
    Intuit(business and financial software company).
  • There are different and incompatible versions of
    Quicken that run on Windows and Macintosh
    systems.
  • Quicken comprises of online services that allow
    users to redeem transactions from various
    providers like- their bank or credit card
    company.
  • It includes financial planning activities that
    was historically done on paper such as recording
    banking transactions, planning a budget and
    measuring progress against it, tracking
    investments and their prices and performance.

Quicken Bill Payment
4
Purpose And Uses using QUICKEN
  • The primary purpose of the software is to provide
    innovative tools that are required to manage
    their own finances.
  • A line of personal finance software that delivers
    a computerized maintenance and documentation
    system to users in order to efficiently manage a
    variety of tasks.
  • It allows you to turn your computer into your
    financial command center with proper updated
    information from each bank, investment, and
    credit accounts etc.
  • It creates a plan to reduce debt, or maximize
    your investments in organised manner.

24/7 Quicken support
5
Quicken's Planning tools
  • Managing Transactions
  • Categorize Transactions
  • Working with Categories in Quicken
  • Adding Accounts To Quicken
  • Create new Scheduled Transactions
  • Reconciling an Account
  • Budgeting
  • How Do I Create a Budget
  • What is a Budget Rollover?
  • Add or remove budget categories
  • Investments
  • Accept and Review Downloaded Investment
    Transactions
  • What do I need to know about how Quicken matches
    investment transactions?
  • Update Investment Transactions, Balances,
    Holdings
  • Troubleshooting
  • Quicken Says There Are Transactions to Accept But
    Do Not See Any
  • I'm Missing Some Transactions or New Transactions
    Did Not Download From My Bank
  • What if my budget report is wrong?
  • Accounts and Transactions Don't Appear in
    Snapshots, Reports, Graphs, and Other Analysis
    Tools
  • Transactions Missing From Reports and Graphs
  • Reports
  • Creating Reports
  • Creating Reports and Graphs in Quicken
  • How To Customize Reports for Categories, Category
    Groups, or Tags
  • Exporting Reports From Quicken

6
NOW Next ComesQUICKBOOKS
  • QuickBooks is an accounting software package
    developed and marketed by Intuit.
  • QuickBooks is a set of s/w solutions designed to
    manage payroll, inventory, sales and other needs
    of a small business.
  • The software's features include marketing tools,
    merchant services, product and supplies, training
    solutions.
  • Each solution is developed according to
    different industries and their needs.
  • PHP is the third most commonly used language for
    developing on QuickBooks.
  • QuickBooks is a bookkeeping software that
    combines a variety of accounting processes into
    one user-friendly system.

7
Conclusion
  • QUICKENS
  • QUICKBOOKS
  • Quicken is for use by individuals.
  • Cost 40-120, depending on version.
  • There is Retirement Planning.
  • There is lack of managing payroll and sales.
  • Time tracking can't be done.
  • Not Integrated with Word, Excel and Outlook.
  • Compatible with Windows, Mac, online.
  • VersionsQuicken New User, Quicken Basic, Quicken
    deluxe, Quicken Rental Property Manager, Quicken
    Premier, Quicken Home and Business, Quicken
    Personal, and Quicken Personal Plus.
  • Quickbooks is intended for small business owners.
  • Cost180-480, depending on version.
  • There is no retirement planning.
  • This is managed here properly.
  • Time tracking is efficiently done here.
  • Integrated with Word, Excel and Outlook.
  • Compatible with Windows. Mac version available in
    US only.
  • VersionsQuickbooks Pro, Quickbooks Premier,
    Quickbooks Enterprise Solutions.

No Bills Worry )
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