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A JIntuit Press Release said that as of March 2008, QuickBooks' share of retail units in the business accounting category reached 94.2 percent, according to NPD Group. In September 2005, QuickBooks had 74% of the market in the US. In May 2002 Intuit launched QuickBooks Enterprise Solutions for medium-sized businesses. Options now include versions for manufacturers, wholesalers, professional service firms, contractors, non-profit entities and retailers, in addition to one specifically designed for professional accounting firms who service multiple small business clients.
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By 2000, Intuit had developed Basic and Pro versions of the software and, in 2003, started offering industry-specific versions, with workflow processes and reports designed for each of these business types along with terminology associated with the trades.
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Intuit sought to bridge the gap with these accounting professionals, eventually providing full audit trail capabilities, double-entry accounting functions and increased functions. Professional accountants, however, were not satisfied with early versions of the system, citing poor security controls, such as no audit trail, as well as non-conformity with traditional accounting standards. It continued to command the vast majority of this market as of 2013. As such, the software soon claimed up to 85 percent of the US small business accounting software market. The software was popular among small business owners who had no formal accounting training. The Windows and Mac versions shared a different codebase that was based on In-House Accountant, which Intuit had acquired.
The initial release of QuickBooks was the DOS version that was based on the Quicken codebase. The initial Quicken software did not function as a " double-entry" accounting package. After the success of Quicken for individual financial management, the company developed similar services for small business owners.
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Also,ย Intuit QuickBooks for Mac 2016 provides reliable tax reports that make tax time less stressful.ย Some great perks you will get with QuickBooks Desktop for Mac 2016 include: Resizing columns in your forms (invoices, payments, sales receipts, etc.) Import and integrate your data fromย iCal/Calendar to keep important dates and import Address Book/Contacts straight into QuickBooks Easily input log hours, bill clients, and add reimbursement expenses to your invoices No accounting knowledge necessary Import business data from spreadsheets Easily learn the software with included step-by-step for creating invoices, recording expenses, and more PRODUCT SPECIFICATIONS Mac OSยฎ X v 10.11 (El Capitan), Mac OSยฎ X v10.10 (Yosemite) Internet connection (or CD/DVD drive for installation) Product registration required Export report data requires a minimum of Apple Numbers v3.5, and/or Microsoft Excel 2011 for Mac E-mail requires Apple Mail, Microsoft Outlook for Mac v15, or Microsoft Outlook from Mac Office 2011.Intuit was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California, USA. Easily keep trackย of your invoices and billing all in one place with custom-made reports designed just for your business to save and money.
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Just like PC versions, you are able to track all sales, sales taxes, expenses, profit, and more. Intuit QuickBooks for Mac 2016 Retail Box The Intuit QuickBooks For Mac 2016 Retail Box brings the best business finance software on the market to Apple products! With an optimized interface designed just for Mac users,ย Intuit QuickBooks for Mac 2016 brings all the familiar functions businesses love with some new additions for the 2016 edition.
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