QuickBooks is a program that accountants from many parts of the world use. Typically, companies use this software to track their profits and business expenses. It also allows multiple users in a company to access the data simultaneously.

What is QuickBooks used for? If this question has been bothering you, you no longer have to worry. We have all the knowledge that you require about this software. So let’s take a close look at the uses of this program.

A Brief Look Into QuickBooks

Before we dive into the specifics of the uses of this application, you must understand its purpose. This will enable you to decide whether or not the software is suitable for your needs.

In 2019, 40% of subscribers of QuickBooks Online were small business owners. The percentage will continue to rise over the next few years because of the high company needs. Intuit is the developer of QuickBooks and offers a solution to various businesses through the software.

The primary purpose of QuickBooks is to serve as a personal, business, and tax finances managing tool. It has four versions, and all of them are compatible with desktop devices. However, you can run QuickBooks Online on Mac, Chromebook, and other mobile devices.

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What Is QuickBooks Used For?

Here are the top uses of QuickBooks to help you understand its purpose:

Automation Tool

The top use of QuickBooks is that it automates various accounting processes. For instance, the program allows you to digitally manage payments and track expenses. Besides that, you can also make invoices with QuickBooks.

Using QuickBooks as an automation tool is one of the top reasons people purchase it. This is because the processes allow you to save significant time. It also removes the risk of errors and redundancies.

Integration Tool

Another key use of QuickBooks is that it can act as an integration tool. The software offers many built-in tools for managing finances. However, it is not always that you require them. For instance, you may need a more complex tool than the one QuickBooks is offering.

Fortunately, the program allows you to integrate it with other apps by the same developer. Not only that, but you can connect it with third-party integration tools. So QuickBooks enables you to use multiple apps within one program.

Nonprofit Tool

The best thing about QuickBooks is that it is not just a financing tool for corporate companies. Instead, nonprofits can also use this software without any issues. The primary thing that enables the program to act like such a tool is that it has a Nonprofit Edition.

So QuickBooks allow charity organizations to track the donations they are receiving. Additionally, it enables the nonprofit to send out messages to donors. Moreover, the software also allows the creation of pledges, custom charts, and much more.

>>MORE: What Are The Main Features Of QuickBooks?

Final Words

This is all the detail you need about what is QuickBooks used for. The primary use of this tool is to allow you to manage your business finances. You can do this by using the many features that the software offers once you purchase it.

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