Why Bookkeeping? Why Quickbooks?

All businesses are forced into bookkeeping. For the new business owner, this seems to be a plot to keep you away from what you really want and need to do, which is sell your services and products to your customers, delighting them so your business grows. Why spend all this time number crunching? Remember the axioms, “50,000 Frenchmen can’t be wrong!” or “Where there is smoke, there is fire?” If all businesses, small and large do it, there must be some very compelling reasons to keep books. Actually it boils down to two reasons:

• To understand what your business is doing, so you can keep it on the growth track.

• To provide information required by organizations external to your business. These organizations are governments and providers of business capital, i.e., providers of money for growth.

Bookkeeping/Accounting is the tool that provides this information. Quickbooks provides the software which helps make Bookkeeping/Accounting manageable.