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What is QuickBooks^®?

QuickBooks is a single-entry bookkeeping system that is sold off the shelf. While the claim is that no accounting knowledge is necessary to use this software, clients of Garald Price & Associates, P.A. find that assistance in these areas saves them a tremendous amount of time:

• Setting up the Chart of Accounts

• Setting up the Items, and,

• Training key staff on QuickBooks features

They are able to generate more meaningful business reports immediately, and accurate information flows properly into tax returns.

Whether you have already been working with QuickBooks, or whether you’re just getting started, we would like an opportunity to assist you with sound accounting and business management information. Please contact us directly for information on how we can help you or visit our News & Tips for more information.

Key advantages to QuickBooks include:

• It saves time

• Speeds invoicing

• Prepares you for tax time

• Payroll in minutes

• Memorizes repeating transactions

It allows you to customize to the needs of your business:

• You can turn features on as you need them (payroll, inventory)

• You can customize invoices and statements

• You can customize reporting and graphing

• You can track divisions or departments

It allows you instant access to your information:

• Tracks checking accounts

• Tracks who owes you money

• Shows what you owe

• Tracks inventory and purchase orders

• Runs Profit Loss, Balance Sheet, and Cash Flow reports

• Tracks job costs

• Runs quarterly 941 and pays sales tax

• Runs year-end W-2s and 1099s