Tag Archives: foreign currency quickbooks

This post is kicking off a series of articles about the benefits of QuickBooks 2011 and QuickBooks 2012. With great new features, I’d say this new version of QuickBooks accounting software is one of the best ever release by Intuit. One of the best features is multi-currency support. Data from Intuit shows that by 2018 almost half the small businesses in the U.S. will be participants in global trade. The globalization of small business sourcing and sales has created the need for multi-currency support in accounting software–a problem QuickBooks 2009 solves well. Eliminating the need to manually account for foreign transactions will save for small businesses that do significant trade across international borders. In addition, QuickBooks 2009 users can also connect directly to the QuickBooks international payment service, making it easy to process wire transfers and drafts in more than 100 foreign currencies right from within the QuickBooks accounting software.

“Intuit QuickBooks 2009 is one of our best releases in years, giving small businesses more reasons to be optimistic even in tough economic times,” said Rick Jensen the head of Intuit’s small business division. “The powerful new features help small businesses become more productive while finding new ways to make money and succeed in a global economy.”