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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.
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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Along with a lack of focus on business software, the weight and small screen size were cited as factors contributing to the sluggish sales, as was the introductory price of $995 (equivalent to $2,918 in 2023)—nearly five times the price of a Commodore 64. The SX-64 was discontinued in 1986. [44]
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