Tax Software

 
Welcome to our Tax Software page where you can find information about the best tax software available, Quickbooks 2010. Beginning a bookkeeping business in 2001 had me running to try to find different software that was both effective and affordable for my clients. The accounting software I was looking for also had to be as easy as possible to use and understand because I had to teach people how to use it and get the most out of it. That was when I found QuickBooks.

Sure there are other accounting software programs, but QuickBooks accounting and small business software proved to quickly become an industry standard, narrowing my choice almost immediately. Although Peachtree and Quicken continue to be used by a smaller percentage of users, these programs still provide a good accounting tool for beginning users.

Every version of QuickBooks since 2001 still occupies my computer – yes, some people just do not like change. If my clients have other software then I use it on their premises instead of keeping their accounting software loaded on my computer. This helps keep my costs lower and my hard drive capacity controllable.

These things make using QuickBooks an amazing tax software tool:

• Industry standard used by most businesses, bookkeepers and CPAs.
• Makes creation and generation of easily understood reports and files that can be sent to your bookkeeper or CPA over the internet.
• Uses an auto-generated chart of accounts for your choice of business operations and that chart can be easily modified to add or delete accounts as you need or want them.
• Understandably and Easily walks you through your company set-up in just a few minutes
• Used both across the USA and Canada – I work in both places and use both Canada and USA Quickbooks Software.
• Automatic memory function and decimal placement on entries reduces data entry and speeds up all entries
• Basic Payroll functions are effective and mostly accurate

If you’re not a bookkeeper, these things will make you crazy:

• It is a double entry system and you have to know how debits and credits work or you will be in a constant state of ‘needing help’ with your bookkeeping entries, reports, and understanding how the program works.
• Although you can automatically download your bank statement entries, I do not recommend it because it downloads them into generic chart of account line items (like miscellaneous instead of Office Supplies) and it does not download them with the vendor names, it uses exactly what your statement says, so the $4.99 you spent at an office supply store goes into your books as a “miscellaneous expense” from vendor “000123524579″ This equates to a re-do on each entry by hand when you could have done it by hand in the first place and saved time.
• The payroll function works best for smaller businesses – say up to around 30 employees. After that it gets a little confusing and time consuming to monitor.

It’s been my experience that you will love the way this software works with and for your business. QuickBooks Premier Edition 2010 continues to evolve from its early beginnings as a simple accounting program to a full-fledged small business financial management solution. The new features blend well with what was already there, and make the 2010 model quite worthy of this year’s best tax software.