You'll also okay the list of accounts that QuickBooks has chosen for your industry. You'll set up your fiscal year and password, and answer questions that will signal QuickBooks to turn specific tools off and on (like whether you use multiple currencies). You enter business contact information and select the type of industry that's appropriate. It uses a wizard to walk you through the groundwork. Setting up your company in QuickBooks, however, remains the same. It streamlines what is usually a lengthy process, and reduces the number of required screens from 15 to six. Close competitor Peachtree Premium Accounting also offers a handful of specialized solutions with a similar palette of tools.Īmong the newer features of QuickBooks that is immediately evident to both new users and upgraders is Express Install. There's also a version designed for accountants. The software comes in a General Business edition, but you can also choose a version more suited to your industry: Contractor, Manufacturing & Wholesale, Nonprofit, Professional Services, and Retail.
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