Whether you’re considering an accounting software package or whether you’ve had QuickBooks for a while and want to know how to get the most of it, chances are you’ve got some questions. Here are some of the most common QuickBooks questions we get:
Which QuickBooks version should I use?
It really depends on your business type. There are four levels of QuickBooks: Pro, Premier, Enterprise, and Accountant. Most small businesses are fine with Pro. If you need some advanced features, you might want Premier. Enterprise is for mid-size (or “enterprise”) businesses, and Accountant is for, well, accountants.
Should I use QuickBooks Online?
QuickBooks Online is great for businesses who need to be able to access their accounting information from multiple locations. And, while QuickBooks Online doesn’t have all of the features of the full version, it does have many. The main thing to realize is that QuickBooks Online doesn’t have quite as much third-party support, which may make it more difficult to interface with other programs.
How much do I need to know about bookkeeping to use QuickBooks?
You really don’t need to be an accountant to use QuickBooks. You don’t have to understand advanced bookkeeping techniques. Most of what a small business will do in QuickBooks is simply filling out the kinds of forms you’d fill in on paper – things like checks, invoices, proposals, and more. Having all of that information in QuickBooks makes it more convenient to access, and will also help you at tax time.
Is it difficult to upgrade to a new version of QuickBooks?
Generally speaking, it’s not hard at all. For the most part, you should be able to use your old QuickBooks data file from any QuickBooks purchased in the past decade or so.
How secure/safe/reliable is my QuickBooks data?
The key here is to regularly back up your QuickBooks data file. As long as you have a good backup, there’s never any need to worry. Make sure, too, that you keep your QuickBooks data files from year to year. You’ll need them if there’s ever a tax audit.