Intuit is a finance company under the industry of Software Enterprise. It develops and provides personal finance, accounting, and tax return software to its customers. The company was founded in 1983 in Palo Alto, California, the United States by Scott Cook and Tom Proulx. Sasan Goodarzi and chairman Brad Smith are the company CEO. Intuit provides services for small businesses, accountants, and self-employed individuals. More than 95% of its revenue generation was from the United States in the year 2019. The company offers many useful software such as Quickbooks, TurboTax, and Mint. Let’s study all these intuit products in brief.
Top Inuit Products List for Business Accounting
QuickBooks
It is the best accounting software built by Intuit. It is especially for small businesses but useful for every size of business. QuickBooks has many sub-products. But QuickBooks Online and Desktop are the major success of Intuit products.
QuickBooks Online
This accounting software is one of the best cloud accounting software as it provides all the latest and useful features and functionality at an affordable price. Also, it provides you some awesome features like real-time document exchange, automatic bank updates, tax credit, anytime anywhere access, customized tools, and other value-added tools.
It will not be a hoax if you say that it is Revolutionary Accounting Software. And a game-changer for all the CA’s who have to manage a lot of clients. So, everyone should take advantage of the magnificent services and utilize them properly to take their business to new heights. They support all sizes of businesses from self-employed businessmen to multinational companies. It provides a bank-level security system and privacy with free training and support.
QuickBooks Desktop
Quickbooks desktop is an accounting management tool by Intuit. This software allows you to create professional invoices, track sales, and expenses, manage accounts payable, and many more. This accounting software was launched way back in 1972 and still holds all its customers tightly.
QuickBooks Desktop’s purchase and installation is a one-time process only. It is locally installed with a license pricing model. They provide you strong features with traditional accounting and 200+ integrations. Quickbooks Desktop has different models such as QB pro, QB premium, QB enterprise, and QB accountant.
As this software provides you many of the simple bookkeeping tasks with automatic management, you don’t have to waste time on bookkeeping and paperwork. This software makes it easier to run your business.
TSheet
TSheet is a time tracking software by Quickbooks for iOS and Androids as it is a web platform. This is a very basic time tracking software which is now a mobile time tracking and scheduling software/app. It comes with GPS location tracking, seamless software integrations, and a custom setting. This software benefits thousands of companies to track their employees. And make the most effective reports out of them. This helps in employees Payroll, invoices, and scheduling. This software is best for construction companies, landscaping businesses, small businesses, large businesses, and more as it gives what employees deserve.
TurboTax
It is an American tax preparation software package by Intuit. It is one of the most commonly used tax preparation software tools in the United States. TurboTax has its own system of online tax filing. But, it is useless for most of the citizens as the government already simplified tax filing for the citizens. It has been in the market since 2001. This software is there to give you step-by-step guidance about tax returns. It is available for both federal and state income tax returns. It is a good idea to work with TurboTax as it is working with the IRS(internal revenue system).
Other Useful Resources:
How to Solve PDF and Printing Error in QuickBooks
Proseries
Intuit has always focused on tax preparation, its returns, and making the process of taxation easier than ever. Intuit ProSeries offers you the best package for tax preparation which is designed by a professional tax preparer. If you want to prepare a tax return for free you can always consider the Intuit Pro Series for this purpose. Although you can’t use it for commercial purposes because of its license agreement. You can create as many tax returns as you want on TurboTax till they don’t charge you.
Lacerte
Intuit has always focused on tax preparation, its returns and makes the process of taxation easier than ever. Intuit Lacerte offers you the best package for tax preparation whose origination is by professional tax preparers. If you want to prepare a tax return for free you can always consider Intuit Lacerte for this purpose. Although you can’t use it for commercial purposes because of its license agreement. You can create as many tax returns as you want on TurboTax till they don’t charge you.
Proconnect
ProConnect Tax Online provides users a way to collect, import, and store client documents and data. Because of this product, the requirement of paperwork in the office is low which eliminates the need to accept and retain a large amount of paperwork. Intuit offers you the best package for tax preparation, again origination by professional tax preparers. If you want to prepare a Tax return for free you can always consider Intuit pro connect for this purpose. Although you can’t use it for commercial purposes because of its license agreement.
Mint
Mint’s services allow the user to track credit card, investment, and loan balances and transactions through a single user interface. You can manage all your finances under one roof. It creates budgets and sets financial goals for the user. It has budget plans which actually work and make a difference. Mint is familiar with the market for its simplicity, usefulness, and smart blend of financial tools. And because of that only it is an exceptional personal finance service that has won multiple Editors’ Choice awards. You can get a good estimate of your net worth and can also increase it. As it allows you to check all online finance accounts, check your credit score, and more.
Final note
Intuit products come in a variety of ranges which is useful for accounting in this generation to make the work easy. Intuit products have always been promising in their work. They also solve a lot of problems in the sector of accounting and tax returns. Stay tuned for more content.