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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.
Stand-alone / Web access FinancialForce.com: Software as a Service: Yes Yes Yes Mid-market to enterprise ERP, ordering & billing, accounts receivable, accounts payable, cash management, general ledger, reporting & dashboarding, multi-currency, multi-company, global tax, analytics Web-based FlexAccount: Proprietary: Yes No No Mid- to high-end market
QFX is used in Intuit's "Web Connect" and "Direct Connect" features to transmit and receive financial information over the internet. [1] [2] [3] A QFX file is a standard OFX file with additional fields to support a licensing fee paid by institutions to Intuit. In contrast, the standard OFX format is a free and open standard. [4]
The firm was renamed Intuit Real Estate Solutions (IRES) and offers real estate management products for Windows and the web. [86] In 2002, it acquired Eclipse ERP for $88 million, a real-time transaction processing accounting software used for order fulfillment, inventory control, accounting, purchasing, and sales [ 87 ]
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Each account in the chart of accounts is typically assigned a name. Accounts may also be assigned a unique account number by which the account can be identified. Account numbers may be structured to suit the needs of an organization, such as digit/s representing a division of the company, a department, the type of account, etc.
While with Intuit, Ko was the general manager for the Intuit Mint finance software and an overseer of QuickBooks. [20] The remainder of clearXchange was shut down on July 5, 2022. [21] The Zelle service has expanded, and as of 2022 processed the largest dollar amount of peer-to-peer payments in the United States every year among comparable ...
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