Comparison of Quickbooks Accounting Software and Reach Accounting Software

QUICKBOOKS ACCOUNTING SOFTWARE

 

QUICKBOOKS ACCOUNTING SOFTWARE

 QuickBooks Accounting Software is the #1 accounting software for small businesses in . GST ready and more. QuickBooks Software  is an accounting software package developed and marketed by Intuit. QuickBooks Accounting Software products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud based versions that accept business payments, manage and pay bills, and payroll functions. QuickBooks’ detailed calendar also tracks all appointments, to-do items and important business tasks, such as invoice and bill due dates.

In addition, the software can instantly generate more than 100 different reports that allow small business owners to see year-over-year income and expense trends, along with details on things like top customers.

The software is updated each year. The 2012 edition offers three new features, including a lead center to track prospective customers, a document center to manage things such as contracts, proposals and receipts, and an inventory center to help centralize a business’ inventory tasks and reports. It also offers options for creating timesheets for multiple employees at one time, as well as billing multiple customers at one time.

QuickBooks Pro currently retails for $229.95. The Premier version, which includes more than 150 sales, financial and tax reports, as well as customizable tools for tracking inventory, creating purchase orders, setting pricing levels and forecasting of future sales, expenses, and growth opportunities is sold for  $399.95.

Other products in the QuickBooks Accounting Software line include specialized software for payroll solutions and merchant services, as well as QuickBooks Enterprise Solutions for more extensive inventory tracking and QuickBooks Accounting Software , a financial reporting system specifically for accounting professionals.

Quickbooks accounting Software

ADVANTAGES OF QUICKBOOKS ACCOUNTING SOFTWARE

Create customised invoices

Customise the logo, colours and fields of your invoices. Generate invoices on the go with the mobile app.

Use it on the go

Check your business anytime, anywhere with the mobile app on your phone and tablet.

Expenses: Go paperless

Use your phone to capture your receipts and manage your expenses.

Connect to your apps

Sync data from ecommerce, POS, Payroll and marketing add-ons into QuickBooks Online.

Know where your business stands

See your Profit & Loss, Balance Sheet and dozens of reports in one click

No installation required

Simply log in to QuickBooks through your web browser or the QuickBooks mobile app.

No clunky company files

You and your accountant can collaborate remotely on your data at the same time, and you’ll see your data updated in real-time

No more back-ups

Never worry about saving your file to a USB drive. QuickBooks Online is backed up with bank-level security.

Less on your to-do list 

Schedule reports to run automatically, so you don’t have to worry about them.

  • BENEFITS of QUICKBOOKS SOFTWARE
  • Track sales, expenses and profits
  • Create & send unlimited invoices
  • Same security encryption as online banking
  • Create estimates and invoices
  • Multicurrency transactions
  • Manage and pay bills
  • Generate 60+ reports
  • Track inventory
  • Create purchase orders
  • Flexible working
  • Up-to-date software
  • Work seamlessly
  • Real-time working
  • Automatically backs up your data
  • Bank level security

modules 

 

PRODUCTS of QUICKBOOKS SOFTWARE

 

Payroll

POS

Inventory

Consolidations

Ecommerce

CRM

Batch Input

Email marketing

Payments

 

QuickBooks Point of Sale

QuickBooks Point of Sale is software that replaces a retailer’s cash register, tracks its inventory, sales, and customer information, and provides reports for managing its business and serving its customers.

 

features2

FEATURES of Quickbooks Accounting Software

Generate Reports

Create an Invoice

Create and Track Budget

Bookkeeping

QuickBooks makes bookkeeping easy. Track income and expenses, create invoices and
statements, and organize your financial data in one place.

 

Billing

QuickBooks simplifies the billing process so that you get paid on time. Send accurate,
detailed, and timely bills to your customers.

 

Invoicing

Save time by invoicing with QuickBooks. Create, customize,track, schedule,and send invoices online.

 

Payroll Software

Payroll Software is seamlessly integrated with QuickBooks  so you can pay your staff and
track your finances in one place.

Mobile Apps

Mobile Apps are included with your subscription to QuickBooks Online so you can access information from your tablet or smartphone.

Online Banking

With the QuickBooks Online banking integration feature your statements and transactions will automatically update.

 

Quickbook product features
No Description Features Available
1 Sales and expense tracking Yes
2 Unlimited estimates and invoices Yes
3 Automatic GST upgrade Yes
4 Transact in multiple currencies Yes
5 One-click financial statements and reports Yes
6 Accountant access and collaboralion Yes
7 Free mobile apps Yes
8 Free customer support Yes
9 Third-party app integration Yes
10 Users included Yes
11 Easier bookkeeping Yes
12 All the benefits of cloud accounting Yes

 

 

DISADVANTAGES OF QUICKBOOKS ACCOUNTING SOFTWARE

QuickBooks forced users to pay an additional fee for payroll table updates. The 2000 version of QuickBooks tried to force users to pay an additional fee for payroll tax updates for each company file. After a boycott, this fee was changed to one charge per copy of QuickBooks.

Intuit disabled functionality of add-on services for QuickBooks 2003 in the areas of Bill Pay, Credit Card Download, Do-It-Yourself Payroll, Employee Organizer, Merchant Service, Online Banking, Online Billing, and Support Plans and Services. Since then, Intuit has disabled equivalent functions for all QuickBooks versions approximately 30 months after it has stopped selling them.

The company released a version of its automatic updater for with a serious program error. The company fixed the updater on 17 December, but by then it had caused substantial data loss for a number of users.

QuickBooks Online suffered an extended outage and again due to power failures on June 16–17, 2010. Many customers complained on the company’s forum, and threatened to leave the service for a competitor such as Sage Brad Smith, Intuit’s CEO, apologized for the series of outages, totaling around 60 hours, which affected most Intuit online products and tech support outage resulted in a second Intuit CEO apology,which referred to Intuit’s “new online products”, “designed for 24/7 availability”, and to “aggressively migrating” to two new data centers.

 

reach gst

 

 

· REACH ACCOUNTING SOFTWARE

Accounting Software that can automatically manage your book of accounts, taxes, inventory, sales, purchases and more online quickly and securely. ERP Software that can help you to manage your manufacturing business .Our Cloud based ERP Software is ideal for assembly manufacturers, process manufacturers, job-works manufacturers and to any kind of manufacturers. Reach ERP Software connects all departments and enables communication of work easier and faster. Unlike a traditional Accounting software, Reach is accessible online like your gmail or facebook account. so, all your employees can work using the software at the same time. Reach GST ACCOUNTING software is one of the simple but equipped and effective GST Accounting softwarefor your any type of business in Malaysia exclusively for Jewellery business.  With Reach GST Accounting software you will be able to view the last prepared invoice automatically while creating new Invoices. Set reminders for every invoice. SMS or email reminders automatically. Send bills automatically to your accountant and add notes. Prepare VAT, Service Tax, TDS and Excise Reports automatically. To get more information about filing your GST returns click here.

features

 

TOP PRODUCT FEATURES

Accounting Management

All functions relating to accounts are inbuilt with the software. You can manage your Accounting Ledgers, Bank & Cash Operations, Purchase & Sales Estimates, Warehouse Allocations, Expense Recording, Expense Grouping, Payments – Part or Full, Journal Entries, Receipts – Part or Full, Contra Entries, Financial Reports, Day book and much more.

Tax Management

Our accounting Software automatically calculates the taxes relevant for every bill created. Our Software is tailor made as per the government norms for calculation of GST. It also comes with the option to add any number of taxes relevant to your business. In case of change in tax percentages you can change it in the software on your own. All you have to do is add your tax percentage and our software will calculate the taxes automatically. This multiple tax scheme can also be applied to multiple products on a single purchase.

Income Management

You can create Quotations then the same can be converted as a Sales order or Pro-forma invoice or Invoice. From Invoice you can create Receipts as well. Accountants will be able to know what payments have been received and what are pending in the reports. You can also set reminders for receiving payments

Expense Management

You can create Purchase Orders then the same can be converted as bill or payments. You can also create Debit notes for purchase returns. Accountants will be able to know which purchase bills have been paid and which are pending in the reports. You can also set reminders for making payments.

PRODUCTS

·         Accounting software

·         POS Software

·         ERP Software

·         CRM Software

USAGE

·         Service Provider

·         Sales and service

·         Trade and Distribution

·         Textile shop

·         Jewellers

·         Super Markets

·         Manufacturer

·         Jobworks

 

MODULES

 

E-Mail Management

Sync all your emails into one place and manage the leads, bills, complaints and sales orders from a single software block.

 

Manufacturing Management

Manage your Production process, Purchase approvals and Raw material Conversions and extract Finished Goods Reports

 

Order Management

Receive Job orders or Sales Orders and convert them into Invoices once ready

 

Repair Management

Create Job sheets, prepare estimates and assign them to Service Engineers. SMS the status automatically to the customer when the job is done

 

Sales Team Management

Import leads automatically from your website, email or Google docs and assaign them to your sales executives. Monitor executives and update lead status.

 

Invoicing

View the last prepared invoice automatically while creating new Invoices. Set reminders for every invoice. SMS or email reminders automatically.

Point of Sale

Touch and Keyboard Billing counters. Works even when the Internet connection is cut. Seperate Cash and delivery counters.

Purchase management

See offer prices of all vendors while creating purchase orders. add purchase and manage incoming stock.

Lots and Barcode Management

Create Lots/ Batches, Auto-generate codes and print barcode labels. Read them automatically using a barcode scanner

Loyalty Management

Assign points for every sale and redeem them whilst billing next time

Inventory management

Show what needs to be shipped and what needs to be received automatically to the store keeper

 

Addons

Auto sync to over 36 Banks, e-stores, Google docs, Google calendar, Project management tools, Click to Calls, SMS gateways, Payment Gateways and many others

 

Accounting & Taxes

Prepare GST, GST Form 3 reports, Profit & Loss and all the other accounting reports automatically from the software.Send bills automatically to your accountant and add notes.Integrates POS System with accounting avoiding duplication of entries

Security & Privacy

Stop worrying about system crashes and data theft. Store the data safely in the cloud with Bank level security.

Batch Control

Assign points for every sale and redeem them whilst billing next time

Quality Control

Show what needs to be shipped and what needs to be received automatically to the store keepe

Contract Management

A Basic payroll processor which generates pay slips and emails them in bulk to employees.

best

WHY REACH OVER OTHER SOFTWARE

1.       Free  cloud server advantage

2.       All documents in one place

3.       Even if you have multiple businesses, All accounts are docked in a single account

4.       Easily import from Tally and Excel

5.       No worrying of unauthorized data intrusions

6.       Localised personally for all your business

7.       Personalised billing system

8.       Manage your customer

9.       Supplier Management

10.   Product Management

11.   Unlike traditional software, our products are hosted on the cloud and allows all your employees to work at the same time

12.   Custom made to suit your business

13.   Captures your leads from Emails and websites directly

14.   Tracks your orders

15.   Raises invoices

16.   Converts Invoices raised in Foreign Currency to Indian Rupees

17.   Imports from Excel and Tally

18.   Gives Multi-User access
Allows to view reports on Mobile Phone

19.   Manages your inventory

20.   Shows your branchwise/sitewise profitability

21.   Securely backs up your data online

22.   Free cloud server

23.   All business data in one place

best-choice-award

 

BENEFITS OF REACH

·         Run your business online

·         Automatic Data backup

·         No worry of Data theft

·         No Investment in Expensive hardware

·         Free and Automatic upgrades

  • Sync all your emails into one place and manage the leads, bills, complaints and sales orders from a single software block
  • Import leads automatically from your website, email or Google docs and assign them to your sales executives. Monitor executives and update lead status
  • View the last prepared invoice automatically while creating new Invoices. Set reminders for every invoice. SMS or email reminders automatically
  • See offer prices of all vendors while creating purchase orders. add purchase and manage incoming stock.
  • Send bills automatically to your accountant and add notes. Prepare VAT, Service Tax, TDS and Excise Reports automatically
  • Stop worrying about system crashes and data theft. Store the data safely on the cloud with Bank level security.
  • Auto sync to over 36 Banks, e-stores, Google docs, Google calendar, Project management tools, Click to Calls, SMS gateways, Payment Gateways and many others

 

 

 

 

 

 

 

 

 

 

 

Hi, this is Karishma here, a commerce graduate with more than 10 years of work experience, the latest being a Global Financial Analyst with a Software company. My experience as an Analyst has driven me to write blogs for Reach
1 Comment
  1. trojan Virus remover 2 months ago

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