QuickBooks is accounting software with new accounting features. This software is mainly designed for small and medium-sized businesses. QuickBooks is a well-established company globally. The latest highlight is that it is also available for Mac users. QuickBooks for Mac is mainly built for Mac users.
This helps the user make accounting super easy, less time-consuming, and hassle-free. The best thing about it is that it made things very easy, such as automatic calendar reminders, synchronization of contacts, and time-pitched notifications.
It is not so popular yet, so here we will discuss the QuickBooks Mac version details and their features. Get no commission investments with financial advisors in Gold Coast.
Brief to QuickBooks
QuickBooks is accounting software that is mainly designed for medium to small-sized businesses. This software is primarily for accounting purposes, tracking bank account balances, tax filing, payroll, invoicing, and many other features.
Features of QuickBooks Mac
Features of QuickBooks Mac are mentioned below-
General
QuickBooks Mac offers you many features in comparison to Desktop for Windows. Although Mac has certain compatible components such as general contact information, to-do list, credit limits, default sales tax, customer credits, maps, and many other features are available in the QuickBooks Mac version. Moreover, it gives you options for creating contact groups and billing simultaneously. Mac will automatically sync all your Mac contacts.
Further, QuickBooks for Mac allows users to import their existing chart account and initial balances. However, sharing data online is not as easy as communicating with the accountant. For this reason, Mac’s latest version supports data exchange with Pro, Premier, and Premier Accountant Edition.
Account Receivable
You can design your templates in QuickBooks for Mac with 31 invoice templates. No recurring bills are available if you send electronic invoices. Although estimates can easily be built, they can be turned into invoices.
Apart from this, QuickBooks Mac provides amazing customer monitoring; it enables you to check outstanding bills, check balances by the customer, and check transactions by the customers.
Banking and Cash Management
The banking experience with QuickBooks Mac is smooth and time-saving. You can link a bank account, import bank transactions, and execute bank reconciliation in QB. Also, you can still achieve your bank reconciliation if your account is unrelated to the software. For this, enter your closing balance bank statement and link bank statement items to the books.
Inventory
You can keep track of items, services, and inventory in QuickBooks Mac. You can customize the sales tax group, reorder points, and default sales tax products. Also, Mac calculates the cost of goods sold automatically in each invoice and identifies the cost of closing inventory.
Accounting Project
You can create a customer-related project with the latest version of Mac. With the help of this software, you can easily set your job status and start date, predict your finish date, and many other things. You can also create your job costing report.
QuickBooks for Mac allows you to compare real and projected project expenses, which was impossible with QB Online.
Income Tax & Sales
QuickBooks version features are the same as QB’s previous product. Additionally, the sales tax liability can be tracked, sales tax items can be added, etc.
Reporting
QuickBooks Mac has more than 110 reports, including a balance sheet, profit and loss statement, sales report, and many more. Use filters for the words.
Customer Support
Users are not required to pay any additional charge for the new subscription for live customer support in all installed Quickbooks products. If you have any questions, you can request the QB to contact you. Although they have chatbots and online self-help resources
Why is QuickBooks Mac a Better Option?
Here are the reasons why one should use QuickBooks Download on Mac
- Latest updates and unlimited customer support
- Well-designed user interface
- Allow both cash and accrual accounting
- Excellent feature- inventory tracking
- Gives best reports- balance sheet
- Outstanding tracking feature of income tax & sales
Who should use QuickBooks Mac?
Here are the types of users who should use QuickBooks Download on Mac
Mac Users
This software is a great choice for companies who prefer the security and speed of locally installed software. The best software for accounting software is Mac because it has specific features such as iCloud file sharing.
Experienced Bookkeepers
Experienced bookkeepers prefer the QuickBooks desktop version over online because navigating and inputting data is faster.
Project-Based Businessman
These features allow you to track the cost per project and will enable you to send invoices for each project step until completion rather than waiting till the end. It will enable you to track time, mileage, and expenses.
Retail Business
QuickBooks allows you to track inventories; it also helps to manage inventory levels, set rates, create a report to check the performance of your product, and many more features.
Prices of QuickBooks Mac
The latest is now no longer available for purchase. At the same time, it is currently accessible only as a subscription model. However, unlike the licensed version, the latest Mac Plus Subscription includes improved and new features.
- Unlimited data recovery
- No additional cost for unlimited customer service
One user of the latest version costs $349.99, $549.99 for two users, and for three users it costs $749.99. However, three users are not allowed.
To Sum up
for c is a subscription-based accounting software program for the Mac desktop. QuickBook Mac users can assess traditional QuickBook user and their features.