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QuickBooks is an accounting software package developed and marketed by Intuit.First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
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The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California. [12] [13] [14] [15]Intuit was conceived by Scott Cook, whose prior work at Procter & Gamble helped him realize that personal computers would lend themselves towards replacements for paper-and-pencil based personal accounting. [16]
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In February 2023, a security vulnerability affecting versions 4.5.0 and 4.5.1 was discovered in the Web UI running on Windows systems. This vulnerability enabled unauthenticated access to all files on the host computer via a path traversal bug. [14] This issue has been patched in version 4.5.2, which was released to the public on February 23, 2023.