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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 subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service.The model was pioneered by publishers of books and periodicals in the 17th century, [1] and is now used by many businesses, websites [2] and even pharmaceutical companies in partnership with governments.
Initially, this was launched as a monthly paid subscription, and was a free service for over a year. Intuit completed the acquisition of competitor Mint.com on November 2, 2009. [ 10 ] Quicken Online was discontinued on August 29, 2010, and users were encouraged to transition to Mint.com.
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