Are you unable to decide which accounting software i.e. Quicken and QuickBooks you need to use for your business? Well, it completely depends on your accounting and finance requirements. Both the accounting software are introduced by Intuit. Quicken is used to manage the personal finances along with this software you can create your budget. Along with this, you can search your transaction history, and view the performance of your investments in one place. On the contrary, QuickBooks is introduced in the market for small and mid-sized businesses. Keeping a complete record of your company finances is trouble-free with this software.
Here, you must have got a basic understanding of QuickBooks vs. Quicken software. And also you have got an idea of when to use the different software
Let’s compare Quicken vs. QuickBooks and understand when you can use them.
When to Use Quicken?
This accounting software is used to handle personal expenses. Quicken can be used by an individual person, small businesses, and families. If you want to keep track of your personal budget, account balances, investments, etc, then you can trust Quicken accounting software.
When to Use QuickBooks?
You can blindly trust QuickBooks accounting software to manage your expenses as well as income. Along with this, financial health of your business can be easily tracked with the help of this software. This software can be used to pay bills, generate customer invoices, prepare taxes, and much more.
After understanding the difference between Quicken and QuickBooks, we will check the advantages of using both the software.
Advantages of Using Quicken
1. The software is quite easy to learn.
2. To give a clear picture of your finances, Quicken uses pie charts and different types of visual representations.
3. You can easily analyze your spending habits.
4. Quicken users can link their different expenses or income entries with different activities, departments, or classes.
Advantages of Using QuickBooks
1. QuickBooks software helps in keeping your data secure and safe.
2. It will automatically keep track of your company’s bill and finances.
3. You can manage the company sales and income of the employees.
4. The software users can access their data from anywhere, anytime.
It is expected that after knowing the advantages of Quicken vs. QuickBooks, you will be now able to understand the importance of both the software without any hassle.
We hope that you must have understood the difference between QuickBooks vs. Quicken. Besides, both the software has its own importance and usage. You can read the points given in the usages and advantages to understand the importance of both the software. For any kind of software information, you can contact the software experts and ask your queries related to it. They will provide you quick replies and solutions as per your need.
In case of any further doubts related to QuickBooks vs. Quicken or Quicken vs. QuickBooks for small business, dial the Toll- Free Support Phone Number 877-221-9520.