Everybody’s using it, and so are you, but c’mon, admit it, don’t you hate QuickBooks? Well, maybe not QuickBooks, but Intuit? Every year, Intuit forces us CPAs to buy a new version of QuickBooks for ~$500, if we want payroll included. And much more, for additional users!!!! How? Because for us to be compatible with our clients’ QuickBooks’ files, we need the same year’s version. And if you are just starting up a CPA practice, you may have to acquire prior years’s versions to service clients using them. I’ve got one client still using QuickBooks 2002! That’s an oldie but goodie. I hate that marketing ploy, being forced to buy something every year. And now being forced to buy a separate payroll module, since Intuit will not update the tax tables for free every year in the program. And every year it seems that Intuit comes up with another feature to pay for. This year it’s the Intuit Statement Writer. No, it’s not included with the Premier Accountants Edition, as I expected it to be. There’s a fee with that edition, unlike the now defunct FSD, Financial Statement Designer, which was not all that convenient and easy to work in. Oh, by the way, the QuickBooks gurus refer to the Intuit Statement Writer as ISW, in the event that you do not want to appear like a deer-in-the-headlights when you hear the lingo in accounting circles.
Have a tax or an accounting question? Please feel free to submit it to William Brighenti, Certified Public Accountant, Hartford CPA Accountants. For information and assistance on any tax and accounting issue, please visit our website, Accountants CPA Hartford, and our blog, Accounting and Taxes Simplified.
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