The software is also widely used to invoice customers, bill payments, generating reports leading to effective planning, tax filing, and much more. QuickBooks, a business accounting software helps to effectively manage sales, expenses and keeps track of daily transactions. The software’s operational validity remains for three years after which Intuit starts notifying its users the need to upgrade a new version. Whereas QuickBooks online offers four pricing plans ranging from $20 to$150 for a month and QuickBooks Pro is a locally installed software that charges you $299.95 for a single user. From then on the company has been modifying the software according to the changing needs of its users.QuickBooks does not offer a free version and charges an amount of $26.95 for the essential package for a month.

Quickbooks, software that our article deals in, was launched in May 2002 for the medium-sized businesses.

The first software launched by the company was “Quicken” that became instrumental in helping the individuals to manage their advances with much ease. One such software company is “Quickbooks”, developed and marketed by its parent company ‘Intuit’ by Scott Cook and Tom Proulx in 1983 in California, USA. In the competitive world as ours, only those businesses thrive which succeed to understand its target market and customers, modifies itself as and when needed.