Wednesday 25 February 2015

Quickbooks


Quick book  2000


Introduction







Quickbook was founded in 1983 by scott cook and tom proulx in mountain view california usa after the success of quicken for individual and financial management, the company develop a similar solution for small business owner

Initial release


the initial quick-book did not function as a double entry accounting package on September 27,1994 intuit purchase the right to use the double entry accounting program called money counts developed by bob parsons technology...


this new integration of the programs was then name quick book. the softwares was popular among small business owners who had no formal accounting training. as such the software soon claimed up to  85% of the market. it continue command the vast majority of this market. professional accountants however were not satisfied with early version of the system. citing poor security control such as no audit trail as well as non conformity with traditional accounting standard.











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