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Square provides sellers with e-Commerce and inventory capabilities, [12] [2] and also allows sellers to manage customer appointments. [13] Square Payroll allows small business owners to process payroll. [60] The product is available in the United States. It automatically handles withholding, payments, and tax filings. [37]
In 2013, Square launched Cash App, a peer to peer payment service. [26] In October 2014, the company launched the integration of a payroll feature into its Square payment processing system, following the integrations of a merchant cash advance offering, a customer feedback product and an invoicing service into the system. [47]
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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