Over the years QuickBook software has become pretty much
synonymous with online accounting software. this software has become extremely
popular among small business owners as well as accountants. Technical Data used
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QuickBooks was launched by Scott Cook and Tom Proulx, the
founders of Intuit, shortly after the runaway success of Quicken. The then new
program was originally designed to offer an accounting system for small
business owners who had little if any accounting experience.
Shortly after its release QuickBooks captured approximately
80% of the accounting software market for small businesses. The company still
enjoys having the largest market share of this fiercely competitive market.
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Because professional accountants were not initially
satisfied with the first versions of the program, Intuit eventually bridged
that gap by providing double entry accounting functions, full audit trail
capabilities, and a number of other necessities that professional accountants
deemed necessary. So, beginning in the year 2000, Intuit offered both a Basic
as well as a Pro version of the software.
Then, in 2003, the company began to offer versions of
QuickBook that were specific to a number of different industries. These
versions included reports and workflow processes that were industry specific.
The Intuit programs included any terminology that was associated with the
various trades the software was designed for.
So, at the turn of the century, not only did professional
accounting firms - those who serviced multiple clients in different small
businesses - have the apropos software, it was also available to contractors,
retailers, manufacturers, non-profit companies, professional service firms, and
wholesalers. TSK Training for Skills and Knowledge is the best institute in
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