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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.
Adobe added $50 to the price of Creative Suite every few upgrades, while boxed Quickbooks pricing steadily crept upwards each year. But when software prices went up an average of 63% over the ...
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 October 1999, almost a year and a half after Rock Financial's 1998 IPO, Intuit Inc. agreed to buy the company at a valuation of $370 million. [15] The name changed to Quicken Loans. In 2002, Dan Gilbert and a group of private investors bought the company back. [12] In 2004, Quicken Loans became a defendant in a class action lawsuit.
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