Question

In: Accounting

Research associations / organizations designed to support users of QuickBooks (e.g., NACQ). Identify the associations /...

Research associations / organizations designed to support users of QuickBooks (e.g., NACQ). Identify the associations / organizations you found in your research and briefly summarize the intent of each. Then, generally speaking, discuss the key benefit of belonging to such associations / organizations from a user perspective.

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Expert Solution

Key benefits for Organisations maintaing under Quick books(Eg. NACQ) from a user perspectibe are :

1)For Small Business its an oppurtunity to make Investments and move further in expanding their business in terms of More number of users, Free Mobile Apps that can be used on any smart Phones etc, By free cloud staorage available to the client , Automatic upgradation.

2)Powerful efficieny for small business are in terms of outsourcing the work to third parties, less paper usage or paper work, more connection i.e, diversification of their business.

3)Greater flexibility for business are on demand - access to the information of Client , More mobility - Sopporting their apps on every handset mobiles, Perfectly sync - Accuracy is easier when everyone is on the same page, Easily scalable - Cloud based solutiond enable business to meet changes in demand by scaling up or down without investing additional resources.

4)When quick books are compared with Quick book desktop it benefits in many ways in terms of Real-time database , industry specific reports, online data backup and protection.


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