Scribd
Upload
176 views14 pages

QuickBooks: Pros, Cons, and Limitations

QuickBooks is a widely used accounting software developed by Intuit, designed for small business owners to manage their finances easily. It offers advantages such as integration with other software and cloud accessibility, but also has disadvantages including limited file size and customer support issues. The software's input, process, and output involve user sign-in details, business information entry, and generating invoices and tracking expenses, while its limitations include challenges with complex inventory management and costly pricing for growing businesses.

Uploaded by

Angel Martinez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
176 views14 pages

QuickBooks: Pros, Cons, and Limitations

QuickBooks is a widely used accounting software developed by Intuit, designed for small business owners to manage their finances easily. It offers advantages such as integration with other software and cloud accessibility, but also has disadvantages including limited file size and customer support issues. The software's input, process, and output involve user sign-in details, business information entry, and generating invoices and tracking expenses, while its limitations include challenges with complex inventory management and costly pricing for growing businesses.

Uploaded by

Angel Martinez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

QUICKBOOKS

OBJECTIVES:
What is Quickbooks?
Advantages and Disadvantages of Quickbooks
Input, Process and Output of Quickbooks
Limitations of Quickbooks
QUICKBOOKS
QUICKBOOKS
QuickBooks is the most popular accounting software
programs in the global accounting software market.
Quickbooks was started by Intuit which was founded back in
1983 by Scott Cook and Tom Proulx in Mountain View,
California.
QUICKBOOKS
QuickBooks was inspired by Quicken, a personal accounting
package. QuickBooks was intended to offer small business
owners the flexibility of an easy-to-use software package
and the structure and compliance that are needed to
manage a profitable business.
ADVANTAGES
Integrates well with other software and 3rd
party application.
Accessible for most devices depending upon
the version.
Portability Of QuickBook due to being a cloud
accounting software.
It's easy to find and correct the errors.
It's easy to look for customer information.
DISADVANTAGES
Open to manipulation
Limited File Size and Users
Lackluster invoicing
Limited Integration Opportunities
Customer Support
Focus on Peer to Peer
INPUT - PROCESS - OUTPUT
INPUT
To sign in:
E-mail Address
Name
Phone Number
Business Name
PROCESS
You can start by putting the details of your
business, such as:
The kind of business you’re in.
Bank accounts
Others.
OUTPUT
Invoice
Payroll
Chart of Accounts
Manage Sales
Track Expenses
Others,
LIMITATIONS
Inability to handle complex inventory management
Lack of customization options for larger businesses
Issues with data migration between versions, poor
audit trail for certain changes
Limited reporting capabilities for advanced financial
analysis
Pricing structure that can become expensive for
growing companies
THANK
YOU
Prensented by:

Digneneng, Genie F.
Padila, Ivo
Pangan, Angela
Sangalang, Anjely

You might also like