Intuit releases new version of QuickBooks accounting software

Online accountants may be interested to learn that Intuit has launched the latest release of its popular QuickBooks software.

QuickBooks is the best selling UK accounting software designed specifically for the small business market. It helps SME owners manage their finances by tracking sales and expenses and automatically calculating and eFiling VAT returns straight to the Revenue.

Intuit says users will find several improvements in QuickBooks 2012 to make it even easier to get up and running.

The new software is available to download from today, October 25th, from the website and next month it will be available of CD from Intuit and selected retailers, including PC World, Amazon and Staples.

QuickBooks 2012 Payroll also contains some new features designed to save time. For example, it has a net-to-gross calculator so that employers can enter the net amount and the software will calculate how much tax and other deductions have been withheld.

Intuit also has a solution for companies that prefer to do their accounting through the Cloud. QuickBooks Online was launched in April this year had its UK launch in April this year and more than 283,000 subscribers are already taking advantage of the service worldwide.

The MD of Intuit UK, Pernille Bruun-Jensen, said 75% of small business owners still struggle with manual bookkeeping or simple spreadsheets as a means of tracking their finances. Often this is simply because they are concerned they lack the financial expertise to use accounting software. QuickBooks 2012 addresses these concerns and makes it much easier for SMEs to keep their accounts up-to-date.

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