answersLogoWhite

0

There are many features that are helpful in both Quicken and QuickBooks. We will take a look at them here.

Ease of Use

Depending on who you talk to, you will receive differing opinions on the ease of use of each product. Most people agree however, that for simple tasks, that Quicken will be easier for most novice users.

Features

This is the key for most users. Here is the simple bottom line: Quicken will do only two types of forms; Checks and Invoices. This makes it easier to learn, but it has a limited upside for more complex types of accounting. If a company needs to do any other types of business forms such as receipts, purchase orders, customer statements or non profit reports, then Quickbooks is the choice for them. A company that does not have to do complex customer reporting, or any of the more complex tasks will do fine with Quicken. Most service companies can do quite well using Quicken and not upgrading to the more feature rich Quickbooks.

Do you have Payroll?

Quickbooks has a Payroll feature, but Quicken does not.

Do you have inventory?

Quickbooks has an Inventory feature, but Quicken does not.

How many users will be accessing the program?

Quicken only provides single user licenses while Quickbooks allows up to a 5 user license.

Will you be using POS (Point of Sale) features?

Quickbooks can be easily integrated with POS software saving the steps of multiple entries.

In summary, the real key in determining which software is right for your small business is first determining what product you will need to produce. Unless you know that your business will need to access many of the more complex forms, many small business start with Quicken, based on cost and ease of use. If you do decide to make the upgrade to QuickBooks, all of your information can be imported quickly and easily, so none of your investment will be lost.

[photo=http://s3.amazonaws.com/tp-article-images/b9a664e0b36355ee26e58c7cf5b94e33.jpg][video=]
User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Can you transfer files from quickbooks to quicken?

No - you can convert to Quickbooks from Quicken, but not the other way around.


Is QuickBooks as easy to use and understand as Quicken?

QuickBooks is very easy to use, and if you're familiar with Quicken it should be a snap to pick it up.


I have Quicken. Can I upgrade to QuickBooks without losing any of my data?

Quicken can upgrade to QuickBooks, as they're both made by Intuit. The upgrade should be seamless.


What is intuit quickbooks?

Intuit Quickbooks is an accounting software that was created as an integrated version between two earlier accounting systems which are Quicken and MoneyCounts. Intuit Quickbooks is a breakthrough software since it incorporates the functions of Quicken and MoneyCounts producing a hybrid software system that is easier to use even by small business owners who had no formal accounting training. Quicken was a very successful financial management software for personal use while MoneyCounts has the "double-entry" function which is not present in Quicken. The integration of the functionalities of both software proves to be very successful that Quickbooks almost monopolized the small business accounting software market.


How does one accurately track business expenses?

You can accurately track business expenses by using software and services such as QuickBooks online. Alternatively, you can use software such as Quicken.


What is the software quickbooks?

Quickbooks is an accounting software that was created as an integrated version between two earlier accounting systems which are Quicken and MoneyCounts.Intuit Quickbooks is a breakthrough software since it incorporates the functions of Quicken and MoneyCounts producing a hybrid software system that is easier to use even by small business owners who had no formal accounting training.Quicken was a very successful financial management software for personal use while MoneyCounts has the "double-entry" function which is not present in Quicken. The integration of the functionalities of both software proves to be very successful that Quickbooks almost monopolized the small business accounting software market.


What year was Quickbooks Published?

Quickbooks is already 19 years old. Quickbooks was born after the integration of the Quicken software and MoneyCounts in September 1994.


What year was QuickBooks developed?

Quickbooks is already 19 years old. Quickbooks was born after the integration of the Quicken software and MoneyCounts in September 1994.


How old is quickbooks?

Quickbooks is already 19 years old. Quickbooks was born after the integration of the Quicken software and MoneyCounts in September 1994.


Is Quickbooks better than Quicken, and if so, what are the key differences?

Quickbooks is geared more towards a professional business environments and all the software needs that come with it, whereas Quicken is tailored for home and small business use instead. More complex isn't necessarily better, so while Quickbooks may be a bigger program those differences might not matter to you if you're just looking to keep track of your personal finances.


Where can one read a comparison between quicken vs quickbooks online?

When looking to find information that offers the comparison between Quicken and Quickbooks then it may be worth while checking out such websites as PC World, Quickbooks Online and Stephen I Nelson that offer such information.


Are there online classes for QuickBooks?

QuickBooks 101 is a course geared for the small business and the small business owner. It contains the features that you loved in Quicken, then goes a step further to give small businesses the accounting software they need to take their numbers from an expensive CPA's desk to their own computers.