Why Quickbooks Rocks!! | Mark J Kohler | Tax & Legal Tip

Hi, Mark Kohler here with a two minute tax and legal tip. Let's talk about why QuickBooks rocks. Now, if you're a small business owner, I'm sure that bookkeeping and accounting are the bane of your existence. But I want to share with you 4 reasons why I think QuickBooks should be a huge part of your life and can help you immensely. Number one, affordability. QuickBooks is cheap and affordable. Now, cheap may be a relative term, but you can get into a beautiful software package of anywhere from 100 $200. And if you get into the specialized pieces of QuickBooks, it might be just over 200 to $300. It is an amazing program. You also may even use an online version that can range from 19 to $39 a month and give you regular updates and support. QuickBooks is affordable. It's a great way to get started with something that you can grow into and add upgrades and even get better and better packages as your business grows. Number two, it's user friendly. You don't have to have a college degree or even love accounting to start using QuickBooks. Just open it up and start using it. That's one of the best ways to learn it. Start inputting transactions, downloading bank statements and just get familiar with it. I even created an online training package for my clients that's so easy to use online to just learn the basics. Number three are the reports. I love all the reports that come out of QuickBooks. It helps you as a small business owner make better decisions. You can create reports regarding your profit and loss, your vendors, your customers, your employees make budgets and projections. It is so, so powerful and that's why we're trying to use better bookkeeping. And using QuickBooks is it so you can make more money and keep it with good reporting. Number four, it is universal to all accounts. Once you get into QuickBooks and start building your file, it's so easy to make backups and send the file to your accountant and get feedback, upload changes. Even if you're going to sell your business in the future, 99% of buyers are going to be familiar with QuickBooks and able to look at your accounting system and understand the history and where you're headed with your business. QuickBooks will help you interact with so many other parties in your business, including online billing and online banking. It's universal to so many companies. Now you're going to love it as it takes your business to the next level. Finally, let me just say embrace bookkeeping. Embrace QuickBooks. I know it can save you thousands of dollars and make you a better business owner. I know that accounting can be difficult, and I'm a nerd and I enjoy it. But as a small business owner, it's a necessary evil and an important one to help you take your business to the next.