Complete Purchasing Guide for Intuit QuickBooks 2020

July 15, 2024

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Complete Purchasing Guide for Intuit QuickBooks 2020

Intuit QuickBooks

Intuit QuickBooks is a popular accounting software that helps businesses track their income and expenses, manage invoices and bills, and create financial reports. QuickBooks 2020 is the latest version of the software, and it includes a number of new features and improvements.

In this guide, we will cover everything you need to know about QuickBooks 2020, including:

  • What is QuickBooks 2020?
  • What are the new features in QuickBooks 2020?
  • How much does QuickBooks 2020 cost?
  • Who should use QuickBooks 2020?
  • How to get started with QuickBooks 2020
  • QuickBooks 2020 Pros and Cons

What is QuickBooks 2020?

QuickBooks 2020 is a cloud-based accounting software that helps businesses of all sizes track their finances. It is a powerful tool that can help you save time, improve your cash flow, and make better business decisions.

What are the new features in QuickBooks 2020?

QuickBooks 2020 includes a number of new features, including:

  • Enhanced reporting: QuickBooks 2020 includes enhanced reporting capabilities that make it easier to track your financial performance.
  • Improved cash flow management: QuickBooks 2020 includes improved cash flow management tools that can help you stay on top of your finances.
  • Simplified payroll: QuickBooks 2020 includes simplified payroll tools that make it easier to run payroll for your employees.
  • Mobile app updates: The QuickBooks mobile app has been updated with a number of new features, making it easier to manage your finances on the go.

How much does QuickBooks 2020 cost?

QuickBooks 2020 is available in four different editions:

  • QuickBooks Simple Start: This is the most basic edition of QuickBooks, and it is ideal for small businesses with simple accounting needs. It costs $25 per month.
  • QuickBooks EasyStart: This edition of QuickBooks includes more features than Simple Start, and it is a good choice for small businesses that need to track inventory and manage expenses. It costs $50 per month.
  • QuickBooks Essentials: This edition of QuickBooks includes all the features of EasyStart, plus additional features for managing projects and tracking time. It costs $100 per month.
  • QuickBooks Advanced: This is the most advanced edition of QuickBooks, and it includes all the features of Essentials, plus additional features for manufacturing and retail businesses. It costs $190 per month.

Who should use QuickBooks 2020?

QuickBooks 2020 is a good choice for businesses of all sizes. It is especially well-suited for businesses that need to:

  • Track income and expenses
  • Manage invoices and bills
  • Create financial reports
  • Track inventory
  • Manage payroll

How to get started with QuickBooks 2020

Getting started with QuickBooks 2020 is easy. You can sign up for a free trial on the QuickBooks website. Once you have signed up, you can download the software and start using it immediately.

QuickBooks 2020 Pros and Cons

Pros:

  • Easy to use
  • Powerful features
  • Affordable
  • Cloud-based
  • Mobile app

Cons:

  • Can be expensive for some businesses
  • Some features require a subscription
  • Not as customizable as some other accounting software

Overall, QuickBooks 2020 is a powerful and easy-to-use accounting software that is a great choice for businesses of all sizes.

We hope this guide has been helpful. If you have any questions, please feel free to leave a comment below.

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