QuickBooks Pro 2005 Financial Software for Small Business – Software Publisher’s Description:
QuickBooks Pro 2005 Financial Software for Small Business review:2 stars (Not User Friendly) – I am a finance profesional and found this product difficult to use, there is a lot of double entry and many simple task that are done the hard way, like entering deposits which unlike quicken is not done in the registar but in a deposit window, and then it is way to easy to get a deposit entered twice which in my short ownership has already occured at least five times. There are some excellent principals at work throughout the program and the ability to prepare invoices, and statments is essential for a business owner however their could be even greater ability to custimize reports. All in all I have been very unimpressed with this otherwise highly rated product.1 stars (Intuit leeches money out of small businesses) – Stay far, far away from QuickBooks.
The “literally every year forever” charge for “tax table updates” is completely unethical – based on very simple numerical updates available in IRS Circular E, Intuit charges you (currently, and increasing every year) $ 214 per year for these updates – which happen about once every few months.
Problem is, if you discontinue your “tax table update” service, ALL tax tables are removed from your program and your are essentially unable to do payroll based on the free tax table data which you can enter yourself. There is no “internal”, empty tax table into which you can plug the percentages/calculations.
It is inexcusable that Intuit does not provide the facility for manually entering the very simple tax table data yourself and continuing to process payroll – especially for small businesses with less than 10 employees. Note that you can continue to manually calculate each of the deductions and enter them yourself on each paycheck screen – and thus trod through payroll. A site such as […]
The above site will calculate an entire paycheck and all deductions, all you need is W-4 (withholding allowance) info for each employee
Intuit is engaged in extortion – declaring themselves a non-government institution levying a tax on all businesses. Once you buy (and keep using QuickBooks), you MUST subsidize Intuit every month – FOREVER!
In addition to their famed unreachable and unusable support, this company, which was once a fantastic provider of wonderful software and essential business tools has taken the downturn into corporate greed and unethical business practices.
Expect to see many class action lawsuits coming soon towards Intuit for the way they are holding their customers hostage and disabling the ability to REALLY do “Do-It-Yourself” payroll, organized calls for FTC and Justice Department intervention, organized boycotts, major magazine articles, action by CPA groups, state constitutional amendment petitions and legislative action.
Intuit, according to their published data, controls 85% of the market (which is more than Microsoft in its market) and has a profit margin in excess of 75%. They make tons of money off their software and ancillary services.
[…]5 stars (Small Business Accounting made easy) – I have recently started a small business. As most entreprenuers, I had the savy and technical knwledge, but no accounting. Quickbooks is very thorough, but can be difficult at first if you try to wing it without instructions. I give this 5 stars.
QuickBooks Pro 2005 Financial Software for Small Business Features:
- Computer software (programs)
- Accounting (Account)
- Exchange data with Microsoft Excel and 325+ other software applications
- Track employee time and job costs; compare estimated costs to actuals
- Financial management software for small businesses
- Easily pay bills, print checks, track expenses, and much more
- Customize 100+ pre-designed forms to create a unique look