Tag Archives: quickbooks accounting software

QuickBooks 2007 Discontinuation – Upgrade to QuickBooks 2010 ASAP!

Posted on May 22, 2010 by AccountingSoftwareDeals.com| Leave a comment

Are you getting this message?  QuickBooks 2007 Discontinuation – Upgrade to QuickBooks 2010 Now! It’s that time of the year again–it’s QuickBooks sunset or service discontinuation time.  If you use payroll or any other service in conjuntion with your QuickBooks software, you’ll need to upgrade to QuickBooks 2010, the latest version.  This will ensure that your QuickBooks keeps working with great services like payroll and payments processing.  It’s part of the annual cycle that keep you on the latest and most secure version of QuickBooks–annoying but it’s like death and taxes–it just happens and there’s nothing you can do.

What do you do to keep your QuickBooks Running?

  1. Don’t Panic.  You have until May 31, 2010 to switch over.  Take a deep breath.
  2. See whether you are using QuickBooks Pro or QuickBooks Premier.
  3. Use one of our special offer links to get the discount and save 20% off your entire purchase plus get free shipping.
  4. You will need to get it via download because the cutoff date for QuickBooks service discontinuation is too close to wait for the product to be shipped.


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QuickBooks Sunset / QuickBooks Discontinuation for 2006

Posted on December 5, 2008 by AccountingSoftwareDeals.com| 2 Comments

QuickBooks has a policy called “discontinuation” or sometimes referred to in the software industry as “sunsetting.”  This means that QuickBooks doesn’t support services (tech support or some product capabilities) for old versions.  The reason for this is that it costs the company a lot to keep track of old versions of QuickBooks (also they want you to upgrade to QuickBooks 2009).  Here is a common question I’ve been asked about really frequently these days:

Question: What happens if I don’t upgrade my QuickBooks by May 31, 2009?

Answer: The following services and features in QuickBooks 2006 will be “discontinued” or “sunset”

  • Bill Pay
  • Credit Card Download
  • Employee Organizer
  • Merchant Service
  • Online Banking
  • Billing Solution (formerly QuickBooks Online Billing)
  • Basic Payroll
  • Standard Payroll
  • Enhanced Payroll
  • Assisted Payroll
  • Support Plans and Services
  • QuickBooks Email

Question: How can I prevent my services from being discontinued or sunset?

Answer: You need to upgrade to the latest version, which this year is QuickBooks 2009.  If your software is being sunsetted or discontinued, below are some links you can use to get QuickBooks 2009 for a discount through our website.  The links will take you to the QuickBooks website where you will get access to the deal.

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QuickBooks 2011 and QuickBooks 2012: Multicurrency, Online Banking

Posted on December 5, 2008 by AccountingSoftwareDeals.com| Leave a comment

What are the benefits of QuickBooks Pro and QuickBooks Premier 2009?  There are some great new features in the latest version of QuickBooks 2009, so I’ve compiled a short list of a few top features that I like.  If you are on an older version of QuickBooks (QuickBooks 2006 or 2007) you should consider upgrading.

1.  Business Intelligence in QuickBooks Pro 2012: allows you to get a real-time overview of your business, such as customers who owe you money, bills to be paid, and reminders-all on one screen.

2.  Multi Currency / Foreign Currency: Track your finances at home and abroad with support for multiple currencies. QuickBooks Pro 2008 handles all your international currency accounting automatically for all global currencies, and even downloads exchange rates right into QuickBooks.

3.  Online Banking in QuickBooks 2012: Easily download transactions from your bank account or credit card directly into QuickBooks. Get a complete financial picture of cleared bank transactions and pending QuickBooks transactions, all in one place.

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Posted in Bookkeeping Software Reviews

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Benefits of QuickBooks Pro 2011 and QuickBooks 2012: Multi Currency

Posted on October 21, 2008 by AccountingSoftwareDeals.com| 4 Comments

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.”

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Posted in Bookkeeping Software Reviews

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Benefits of Good Record Keeping

Posted on October 20, 2008 by AccountingSoftwareDeals.com| Leave a comment

Everyone in business must keep records for financial management and tax reasons. In fact, it’s the law according to the IRS depending on which type of deductions you’re claiming. Keeping good records is very important to your business. Good records will help you do the following:

  1. Monitor the progress of your business
  2. Prepare your financial statements
  3. Identify source of receipts
  4. Keep track of deductible expenses
  5. Prepare your tax returns
  6. Support items reported on tax returns
  7. Monitor the progress of your business

You need good records to monitor the progress of your business. Records can show whether your business is improving, which items are selling, or what changes you need to make. Good records can increase the likelihood of business success.

Prepare your financial statements

You need good records to prepare accurate financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business.

An income statement shows the income and expenses of the business for a given period of time.

A balance sheet shows the assets, liabilities, and your equity in the business on a given date.

Identify source of receipts

You will receive money or property from many sources. Your records can identify the source of your receipts. You need this information to separate business from nonbusiness receipts and taxable from nontaxable income.

Keep track of deductible expenses

You may forget expenses when you prepare your tax return, unless you record them when they occur.

Prepare your tax return

You need good records to prepare your tax returns. These records must support the income, expenses, and credits you report. Generally, these are the same records you use to monitor your business and prepare your financial statement.

Support items reported on tax returns

You must keep your business records available at all times for inspection by the IRS. If the IRS examines any of your tax returns, you may be asked to explain the items reported. A complete set of records will speed up the examination.

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Posted in Accounting

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QuickBooks Chart of Accounts Tips

Posted on October 19, 2008 by AccountingSoftwareDeals.com| Leave a comment

The most important list in your accounting system is your Chart of Accounts. You track your flow of money through this list of accounts which includes where your income comes from, where you put it, what your expenses are for, and what you use to pay them. QuickBooks’ EasyStep Interview walks you through setting up your accounts. The system also offers sample business templates that already have accounts set up for you. You can later delete or add any accounts that were initially setup in this interview to make it match your income and expenses better. Keep your chart of accounts simple! Too many accounts result in messy reports that are hard to read and analyze. Also, use descriptions for your account id’s, not numbers. If you assign account numbers for each account, you will have to memorize the numbers for fast data entry. It is much easier to type in the name of the account when entering transactions. This is a key timesaver and way of making QuickBooks work for you.

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Posted in Accounting

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Which QuickBooks is best?

Posted on October 18, 2008 by AccountingSoftwareDeals.com| Leave a comment

Which QuickBooks is right for your small business?  There are a ton of different varieties of QuickBooks and sometimes it can be hard to choose.  I will outline some key decisions about choosing the right accounting software and then offer my opinion on what you should be using.  With the dizzying array of QuickBooks it’s hard to tell which one is right for your business.

  1. Price: Accounting software is expensive and with a questionable economy you can’t afford to buy something unnecessary.
  2. Features: You need to have core accounting features such as invoicing, keeping balance sheets and income statements, and reporting so that you can understand how your business is doing and what you can do to improve.
  3. Online vs. Desktop: There are costs and benefits to using online web-based accounting software, but it really comes down to your preferences and how comfortable you are having your data reside on servers that do not belong to you and are out of your reach.  We recommend desktop software for accounting such as QuickBooks because you might not want the IRS peaking into your records.

With that in mind, QuickBooks Pro will probably be the best bet for your business.  It’s one of the cheapers accounting packages out there, has a full set of accounting and bookkeeping features, and keeps the data on your own system so that no one else can access it.

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Posted in Discounts & Special Offers

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