One of the largest financial software suppliers to the SME market,
QuickBooks, has focused on the accountancy profession in its latest upgrade.
One of the new features allows the accountant access to a company’s financial
information via the internet. The accountant is alerted through email that the
documents are ready and the password protected information can then be
The accountant is able to work on the documents and send them back to the
business with the company’s IT system automatically updating the information.
QuickBooks, who see its main competitors as Excel and Sage, can be resold
through firms direct to the clients, and has 17,000 accountants and book-keepers
using its products.
Other profession focused features include accountants able to read data
regardless of the version it’s sent in. Previously if an accountant wanted to
see a client’s financial information in QuickBooks, they needed to have the
exact same version e.g. 2006. With the upgrade the accountant can see all data
regardless of the version it is compiled in.
General features to come out of the latest upgrade include e-invoicing, HMRC
compliance on e-filing requirements, and enhanced VAT reports to provide a more
transparent audit trail.
“We’re constantly looking for ways to improve….. Accountants are a very vocal
audience,” said Catherine Harrell, group marketing manager at QuickBooks.
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