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Aug 4, 2018 - QuickBooks->Preferences click on Company. There are three tabs - change it on all of them. QuickBooks for Mac Company Setup. Setting up a new company in QuickBooks for Windows: Pro, Premier. Complete the other information - company address, company start date, Income tax form used, etc, and click Next. (You will be able to edit this information later, but the fields with asterisks are required in order to continue with the setup.
QuickBooks for Mac is financial accounting solution from Intuit for small businesses and accounting professionals. The solution allows users to create professional invoices, track sales and expenses, and manage accounts payable. QuickBooks provides Mac-specific features. For example, users can embed a notification bar in Mac's menu bar, add reminders to iCalendar and sync contacts with their Mac OS address books.
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Users can also share data with Windows-based users. QuickBooks for Mac's online version can be accessed on from anywhere and any device.
The online version provides more features than the desktop version, such as automatic scheduling and invoice sending, advanced security and access for up to five users. QuickBooks for Mac also offers a mobile app for iOS. An Assest to my Payroll QuickBooks Payroll helps me and my small business look and act more professional.
Pros I like that this software provides me with a comprehensive and professional looking platform to keep track of my employees earnings. Once I spent some time playing around with it I found it very intuitive and it is my go-to for all things related to payroll. Cons It does take awhile to get used to using it since I just used to do everything with pen and paper before. It can be overwhelming in the beginning. I've been using it for over 5 years and so far it's been good Overall, I haven't had too many problems.
I had to deal with one missed quarterly filing but I think that was the EDD's fault since QB says that it was filed online but EDD says that it wasn't. Other than that, I've been happy. Pros It is relatively a cheap option vs hiring an accountant and I haven't gotten into any trouble with IRS so I'm guessing that it's calculations are correct. Cons Lack of easy customer support. They really try to get you to solve your own problems with online stuff and no one to answer your questions. Highly Recommend Since implementing QuickBooks Payroll, our process has been streamlined which allowed our team to focus on other tasks which are value-add to the business.
Pros The support received during setup was outstanding. The whole process was very easy and all of our questions were answered. Since implementing QuickBooks Payroll we have saved a lot of time and frustration. It's great to know that everything is taken care of automatically and our employees like the timeliness.
Cons I would like a feature to set up multiple employee groups which are on different pay schedules. Bookkeeping for non-accountants Pros I'm clueless when it comes to keeping our books and so the ease of use in QBO is really helpful. If I don't know what to do, I can find an article to tell me how or get someone from their tech staff on the phone to help. It's easy for accountants to log into our account too once we grant them access. I like the ease of processing payments, invoices, and receipts, as well as running reports on how we're doing.
Quickbooks online a lot better than the offline version of the software. Cons Some features need some accounting knowledge, I will say. Mainly if you don't know how to file a charge or something it doesn't tell you waht to do, but once you know (or learn from the CPA) the features are easy to use in the program. QuickBooks PayRoll is the Small Biz Solution! I’ve had great experience with the ACH payroll integrative services.
I love being able to print paycheck stubs from anywhere and not having to worry about missing a deadline! Pros I love being able to run payroll from anywhere (even the app) while traveling and on the go!
As a small business owner who does a lot of the work myself, it’s critical to be able to pay my staff from anywhere in a simple way! I also really love the payroll reminders that come on email and the app! It’s also very easy to set different pay rates and everything is as simple as 1-2-3! Cons I least like the cost. There is tremendous value provided, but as a small business owner barely able to pay oneself sometimes - the decisions have to be made about cutting apps and services. I would like to see a tiered system for more entrepreneurs to be able to use this feature when I recommend it!
Intuit has announced that it will no longer develop or release new versions of QuickBooks for Mac (QBM) beyond the current version, 2016. This was not much of a surprise, given that a new version was not released for this calendar year. QBM has always been something of the neglected step-child anyway.
It has always lacked many features available in other versions of QuickBooks and developers have been blocked from developing for it as well. So what does this mean to you? If you are a current user of QBM 2016, it does not mean much in the short term.
If you want to continue using it, then there is no immediate reason to make a change. QBM 2016 will continue to be supported until May 31, 2019. This means you can call or text support for help and they will continue to release updates to address bugs and incompatibility issues. And of course, Biz Books Cloud will continue to support it and previous versions beyond that, if you continue to use them. If you are using an older version of QBM and want to continue using QBM, I recommend you consider upgrading to the latest version to maximize the availability of support and updates.
Not a lot has changed in the latest version. Mostly it does the things is already does with more reliability and efficiency. However, keep in mind that you need to be running at least MacOS 10.11 (El Capitan) to run the latest update of QBM 2016. Contact us if you have questions about this or need help upgrading. What if you are ready, like Intel, to dump QBM?
You have a couple of options still within the QuickBooks family. The first option is QuickBooks Online (QBO). This is QuickBooks in the cloud with a monthly subscription and is a fully-featured accounting program. However, it does take some time to get used to for QBM users, as the user interface is completely different. You use QBO in one of two ways. First, you can download the QBO app for Mac from the App Store and install it on your Mac.
The app runs just like any other Mac program, it just runs with your cloud data and keeps it up to date there. Or you can log in to QBO from your favorite web browser (Safari, Chrome, and Firefox are all compatible). You will find that QBO matches QBM function-for-function pretty well, unless you are using QBM to track inventory in your business.
If you are, QBO may not work for you, though that is not always true. QBO also comes with some benefits not available in QBM. The biggest one is that it can be used from ANY computer (Mac or WIndows) or smart phone or tablet (iOS or Android) from anywhere in the world day and night. This means you are no longer tied to the Mac where the program is installed to do your accounting.
So you can invoice your customers, take payments, and even keep your books from anywhere with internet access. Stuck waiting for the doctor who is hours behind? Get your bookkeeping done while waiting! You should know that if you have more than one company you track in QBM, each of them will require its own subscription in QBO, at least for now. Intuit is working on addressing this.
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Also, ask us about discounted pricing on QBO subscriptions. If you prefer to stick with a program installed on your Mac that uses the data locally only, then you still have a couple of options. One is to switch to QuickBooks for Windows using a Windows installation on your Mac, most commonly via Parallels or VMware to run Windows alongside MacOS.
Or you can switch to AccountEdge, which is another Mac accounting program that works on Mac and Windows. See another blog article on this website to further explore these options.
If you are comfortable with the idea of accounting in the cloud, but want other options than QBO, then Xero is a comparable option. Wave is another option, with fewer features, but free for basic use. There are many others, but those are the ones I would look at.
If you choose to change your accounting program, your company file(s) will need to be converted, even if you choose another version of QuickBooks. The conversion within the QuickBooks family is fairly painless, but is still best left to a professional, as there are many things to consider and do before converting. If you choose a program outside of the QuickBooks family, then conversion may also be fairly painless or may be quite involved and expensive. Bottom line, call us so we can explore your options and help you reach the best decision for your business.