Thank the people at Intuit for giving accountants more to worry about than the Y2K bogeyman. The QuickBooks Pro 6.0 accounting system can track sales taxes, accounts receivable and inventory. It also includes payroll functions and can perform many of the other administrative tasks that often tie up homebased business owners for days.
Once you install the CD, the program can track and sort transactions by time, date, amount, and check or document number to help users easily find specific data. QuickBooks can also sort transactions by whether they've been entered or cleared.
The software offers tutorials for step-by-step instructions on tracking sales and expenses, as well as start-up "need to know" information on setting up accounts and inventory management.
The payroll setup feature makes adding and editing payroll information a snap--handling salary adjustments, direct-deposit transactions, employer contributions to retirement and employee-benefit packages, state unemployment insurance, and state-specific programs such as workers' comp premiums and employee-training taxes.
QuickBooks Pro 6.0 also includes features and forms for tracking federal and state payroll taxes, including W-2 forms, automatic payment and filing of taxes, and printing and mailing of W-2s.
Other features include access to Intuit's Internet directory of professional business advisors; a special referral section for finding small-business advice; and CashFinder, a feature that locates the best rates on loans and lines of credit for small businesses. Intuit also offers an e-mail newsletter that provides information on product updates and support.
"QuickBooks has long been at the top in accounting software, holding about 80 percent of the retail market share," says Jeff Larson of Intuit. "What's great about QuickBooks Pro 6.0 is, for the first time, the accounting software is networkable, so now multiple users and growing small businesses can use it to automate their accounting."
QuickBooks Pro 6.0 is available for Windows 95/98 or NT 4.0 or later, and is the fee is $220 for a single-user license. Additional users can obtain licenses for a discounted fee. Call (800) 4-INTUIT for information, or visit the QuickBook product Web site at http://www.quickbooks.com
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