Saturday, 17 February 2018

Quickbooks launches Ready Reckoner of GST

Although, working in a company where there are different accounting based software details has to be described in the form of Blogs and various other respective work. Still, I feel that my locality of Ghaziabad shopkeepers who have felt bad about GST and then understanding its value is cooperating with the Government.

I thought it to be my obligation towards them that they could go for a simple GST enabled accounting software which is developed by Intuit. This is an American firm and all you need to do is that just type on Google and the ready reckoner can be downloaded at a small payable amount which is yearly subscription in just Rs 35,000 per year which costs less than  Rs 3,000 per month. While a certified accountant asks for nothing less than 20,000-25,000 per month. Any graduate or 12th pass person in accounts or arts can do the same work for you who has the knowledge of apps and Excel sheet.

With all those B. Commerce and C.A. graduates who go for the extra course of GST enabled studies can find it easy to download the software and thus do not have to spend money on extra application based on GST.

If a person goes through the link by Economic Times they will find that it gives more detail about the Intuit Quickbooks which shows that people in other states are using the application:

https://economictimes.indiatimes.com/small-biz/security-tech/technology/intuit-launches-gst-version-of-quickbooks-to-help-smes/articleshow/59526775.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

A small update of Quickbooks Intuit which shows that Indian big business along with Chartered Accountants are using Quickbooks in reolving your accounts work ( Here is the link to explain the accountancy work)

https://businesswireindia.com/news/news-details/intuit-quickbooks-becoming-indias-leading-cloud-financial-management-s/43366

The good thing is that it has features of all the modern accounting software and is Cloud-based due to which it can be used over mobile and laptop. The accounting software can be linked to several computing terminals which makes the work of accountant easier and all he has to do is punch the amount into various slots and the ready reckoner itself calculates the amount.

The other work which the accounting software does is that it can be used for payroll support. It helps to give large organizations an advantage where the calculations of Provident Fund along with Salary deductibles can be easily calculated. Also, the attendance system can be merged with the software due to which the accounting services can easily know about the In and out timing of the employee.

The businessman who is running a small-scale enterprise or a medium enterprise along with sole proprietorship or partnership firm irrespective of the number of people can download the software.

Today, it is the world of the Woman entrepreneur who works from home through different ways such as online marketing firm and also there are various freelance jobs. If we talk about the expenditure and earning calculations it is difficult to put it just in an excel based calculations as there can be a data theft issues if you lose your data.

Since the service gives you an option of getting a soft copy with the center of operation which is Intuit just like the banking services where your card details are with the bank, you can dial the Toll-Free Number and ask for a monthly and daily report.

The downloading of the software along with any discrepancy with the accounting tables can be immediately asked through 24-hour customer with online and E-mail support giving an opportunity to the customers of the Quickbooks Intuit which is by far one of the best accounting software declared by U.S. small-scale business administration.



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