THIS WEEK'S TOP STORIES ABOUT QUICKBOOKS FOR MAC-
What to Learn from this self-training Manual
- QuickBooks desktop
features
- QuickBooks for Mac
Review
- Best Tips on
QuickBooks
- How
do you link your bank accounts to QuickBooks online?
- This week's top
stories about QuickBooks for mac
- How
to start a new corporation on QuickBooks with its online solutions
- Payment integrations for QuickBooks
- Where do I find the mobile app for QuickBooks?
QuickBooks for Mac
Review: As Accounting Software 2022, with KCmond Consulting. QuickBooks is
famous accounting software that feeds a whole range of services. It has three (3)
versions, these are
- QuickBooks Online
- QuickBooks Desktop
- QuickBooks for Mac.
Let's review
QuickBooks for Mac which is more of the latest version among the listed
versions. QuickBooks for Mac was launched back in 2016 and it has been getting
more promising and more useful with every update.
The latest update
(2018) conveyed some new attributes that make it even more useful, such as the
ability to sync files with Dropbox or Google Drive, create multi-currency
transactions, track inventory and more.
IS QUICKBOOKS FOR THEMAC DISCONTINUED?
I have to be sincere
with you – QuickBooks for Mac is not discontinued. However, there are some
constraints to the software. It’s not a native application and it doesn’t run
on the Mac operating system. It runs on Windows and has a compatibility mode
for Mac.
QUICKBOOKS- IS THERE
ANY DIFFERENCES BETWEEN MAC AND PC?
QuickBooks is software
that is unrestricted for both Mac and Pc. There are some differences between
the two versions of the software, but they are not prominent.
The first difference is that the Mac version of
QuickBooks doesn’t have an “online features” section in the menu bar. This
means that if you want to access your Bank Account Information (BAI) or other
online components, you have to go to your browser and log in there. The PC
version has an online features button on its menu bar.
The second leading difference between the QuickBooks
for Mac and PC versions is that the former does not come with a payroll add-on
as part of the package, while the latter does. The QuickBooks for Mac version
comes with a payroll service as an optional purchase from Intuit’s website or
Apple’s.
PAYMENT INTEGRATIONS
FOR QUICKBOOKS
QuickBooks for Mac
payroll
Payment integrations
for QuickBooks are crucial because they allow company owners to accept payments
from customers in a variety of forms.
There are considerable ways to incorporate QuickBooks.
The two most common methods are the Intuit Payment Network (IPN) and the Intuit
Online Payroll Services (IOPS).
The IPN is a more conventional integration, which
functions by syncing your bank account with your QuickBooks account. IOPS is
newer and more evolved, but it requires an extra monthly fee.
What’s the difference between QuickBooks Desktop and
QuickBooks online?
QuickBooks Online is online accounting software that
is used to manage the business’s accounting and finances. QuickBooks Desktop is
a desktop accounting software that helps with the organization of financial
data.
There are many
distinctions between these two products, but for clarity, we will list a few of
the most noteworthy ones:
- QuickBooks Desktop can only be installed on your
computer, while QuickBooks Online can be accessed anywhere via a web
browser.
- QuickBooks desktop provides more features than
QuickBooks online does; for example, it offers more options for inventory
management.
- The price point for QuickBooks Desktop is higher than
the price point for QuickBooks online.
HOW
TO START A NEW CORPORATION ON QUICKBOOKS WITH ITS ONLINE SOLUTIONS
QuickBooks is accounting software that helps small
businesses to get their books in order. It is cloud-based accounting software
that allows you to track your company’s finances, manage inventory, and pay
your bills. You can set up a new company on QuickBooks in just a few steps:
1. Sign
up for QuickBooks Online
2. Add your business bank account
3. Set
up your company’s information, like legal name and address
4. Create
or import customers, vendors, and employees
5. Set
up your products and services
6. Set
up your invoices and billable items
7. Manage
your bookkeeping tasks
8. Make payments
9. Download
transactions to QuickBooks desktop versions.
10. Analyze your business data and make
improvements.
WHAT
IS THE DIFFERENCE BETWEEN ONLINE & DESKTOP QUICKBOOKS SUBSCRIPTIONS?
The primary difference between the two types of
QuickBooks subscriptions is that the Desktop version is a perpetual license
which means that you can use it forever. The online version, on the other hand,
is a subscription-based service and you will need to pay a monthly fee.
QuickBooks Desktop features are a set of tools that
allow you to manage your business finances.
QUICKBOOKS
DESKTOP VERSION TOOLS OR FEATURES
The following are some of the tools that QuickBooks
desktop offers:
ACCOUNTANT MODE: This is a mode in which accountants
can access all the data for an organization.
BANKING: This allows users to track bank transactions
and reconcile them with bank statements.
INVOICING: This tool allows users to create invoices,
track payments, and send reminders.
REPORTING: Users can generate reports on their
business performance and other aspects related to their financials.
QUICKBOOKS ONLINE FEATURES:
QuickBooks Online is cloud-based accounting software
designed to help small and medium-sized businesses manage their finances. It’s
an affordable and easy-to-use solution for small businesses, with the
capability of handling all aspects of accounting. The system has several
features that can be used to improve organisation workflow, such as:
1. Integrated
payroll and human resources
2. Inventory
management tools
3. Purchasing
tools
QuickBooks Online has the credentials of receiving,
recording, reviewing and issuing purchase orders and invoices. These features
can streamline the process of generating receivables and managing inventory.
-The system features an integrated supplier portal that allows users to manage
and track information about their vendors and issue purchase orders and
invoices.
QuickBooks Desktop system requirements:
An operating system of at least Mac OS X v11.3 (Big
Sur) or later
An internet connection for the downloaded installation
Integration/compatibility requirements:
Export report data – Apple Numbers v3.5, and Microsoft
Excel 2016 or later, including Mac Office 365
E-mail as PDF – Apple Mail, Microsoft Outlook 2016 or
later, including Mac Office 365
File conversion – QuickBooks for Mac 2022 supports:
One-way conversion to QuickBooks Online
One-way conversion from QuickBooks Windows 2022
Conversion to and from QuickBooks for Windows 2022
Which Versions of Microsoft Office Does QuickBooks
Support?
The latest versions of QuickBooks support Microsoft
Office 2016, 2013, 2010 and 2007.
If you are using an older version of Microsoft Office,
you will need to upgrade it to one of the newer versions to use QuickBooks.
HOW
DO YOU LINK YOUR BANK ACCOUNTS TO QUICKBOOKS ONLINE?
You can link your bank account to QuickBooks Online by
following these steps:
1. Log into your QuickBooks Online account and select
“Company” from the top menu.
2. Select “Linked Accounts” from the left-hand
navigation panel.
3. Select “Add a new linked account” and add your bank
account information.
4. After you have added your bank accounts, you will
see them listed on the screen, with a green checkmark next to each one
successfully linked to QuickBooks Online.
WHERE
DO I FIND THE MOBILE APP FOR QUICKBOOKS?
The app for QuickBooks is available for both iOS and
Android devices. It's available from the App Store or Google Play Store.
Learn more ways to increase your QuickBooks Skills here, including the fantastic read-aloud topics for business growth
Read Self-training Manual here: 7 WAYS READING CAN HELP YOU GET AHEAD IN YOUR CAREER
If this article is interesting or there is an area you want us to research and write on, kindly leave a comment beside it.
This article is written- by Kingsley Ehimare (Kingsmond), an HR generalist expert & Content Marketer at KCmond Consulting. In his spare time, he can be found reading capacity building publications or scrolling through News apps, thinking about how to make people actualize their potential. For any related queries, contact kcmondconsultans@gmail.com.
This intellectual property belongs to KCmond Consulting. No part of it is expected to copy or publish without the sole permission of owners.
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