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Quicken Online was a free, hosted solution (see software as a service) by Intuit. Intuit hosted all of the user's data, provided patches and regularly upgraded the software automatically. Initially, this was launched as a monthly paid subscription, and was a free service for over a year.
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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It offers a free API that enables customers and 3rd-party software vendors to integrate external applications with FreshBooks. FreshBooks also supports multiple tax rates and currencies. It also incorporates a payroll feature and a projects feature. [10] [11] The software is priced on a pay-per-use recurring monthly fee. [12]
Microsoft, Intuit and CheckFree announced the OFX standard on 16 January 1997. The first OFX specification, version 1.0, was released on 14 February 1997. [3] The specification allows for bank- and application-specific extensions, although only a subset is necessary to describe a financial transaction.
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