When we talk about smart Accounting software for small entrepreneurship, QuickBooksis the best answer that automatically comes up in the discussion. Since its inception, it has continued dominating the marketplace and thus, the results have shown with an impressive stock gain for the last 11 years. Truly, it is an exceptional financial management platform that helps to manage invoices, paying bills, and keeping track of the cash flows. Overall, QuickBooks makes finance management easier and faster for users.
To this day, more than eighty percent of the market share for small businesses is controlled by QuickBooks. Therefore, if you are looking for smart and easy accounting solutions, look nowhere than QuickBooks. However, as there are lots of versions, choosing the best one can be quite confusing. Whatever your accounting needs are, QuickBooks is the ultimate answer. All you need to do is sort out the options to clear away the insurmountable tasks. Users are taking full advantage of QuickBooks that is equipped with innumerable tools for helping the users and accomplishing their daily activities successfully.
The basic functionality of QuickBooks
QuickBooks has a great many useful features. In general, small and medium-sized companies use QuickBooks for managing their invoices and cash flows. The platform is used for generating monthly and yearly financial reports. It also helps in preparing quarterly and annular business taxes. Some business owners prefer managing QuickBooks on their own; however, it is suggested to take help from in-house or outsource the tasks to a professional bookkeeperwho has intensive knowledge on this multidimensional financial application.
Types of QuickBooks and their applications
QuickBooks is available in different versions. These versions have some respective unique features:
- QuickBooks Self-Employed: This package is recommended for solo entrepreneurs who are looking for cloud-based accounting solutions. It comes with all sorts of accounting tools that a one-man enterprise needs to maintain their accounts.
- QuickBooks Online: This package is applicable for small businesses that need to work on cloud-based accounting. This version is perfect for business with limited transactions and limited types of transactions.
- QuickBooks Desktop: Both small and midsize businesses can opt for this package, especially if desktop accounting is the primary lookout.
- QuickBooks App: It is used for enhancing any version of QuickBooks that you’re using.
Working with Windows 10
Usually, QuickBooks Desktop is more popular than counterparts and hence, most businesses use this fine Accounting Software for ease of the process. You can get help from the customer support from QuickBooks for QuickBooks Pro, QuickBooks Enterprise and QuickBooks Premier. However, complications may arise when your operating system is Windows 10. Therefore, you need to find a compatible version before installing any. As per the experts, QuickBooks version 2016 or higher supports easily with Windows 10.
Why complications arise?
Issues with QuickBooks arise with Windows 10 due to technological enhancements in the operating system. It is not the QuickBooks version that is installed. It’s crucial to determine the compatibility between the accounting software and the operating system. Make sure that version of your QuickBooks is not a sunset version or it may clash with Windows 10. A discontinued version fails to get the updates available and thus, faces various problems with the latest enhancements in your operating system.
To work with the latest versions of QuickBooks on Windows 10, make sure that your system has .NET framework 3.5. The payroll version from QuickBooks 2015 may work to some extent if this framework is installed in your system. The primary objective is, you need to keep updating the versions to match compatibility with Windows 10.
If you are looking to upgrade your existing operating system to Windows 10, consider replacing the previous or unsupported version of QuickBooks. By upgrading, you can acquire the latest features along with preventing the compatibility error.
Compatibility issues with QuickBooks Desktop 2016 R7 and higher
Till now no compatibility issues have been experienced from QuickBooks 2016 R7 when working on Windows 10. However, if your QB version is older than the above-mentioned, consider upgrading it to the latest version that is compatible with your operating system. This way you can stay away from the error message. It has been reported that the latest version of QB has less technical issues when compared to previous versions of QB 2016.
Compatibility issues with QuickBooks Desktop 2015 and 2016
On a regular basis, updates and patches for Windows 10 are available on the Internet for ensuring the exact compatibility components are there in your system. As per an analysis, done on this accounting software, .NET framework 3.5 is an important part of working with QuickBooks 2015. The framework helps to get higher updates when with Windows 10. Make sure that there isn’t any missing or disable .dll file or the problems may continue to exist.
Steps for making QuickBooks 2015 compatible with Windows 10
If you are working with QB 2015 on Windows 10 and want to make the software compatible with the operating system, consider following these helpful tips:
- Open Control Panel by pressing Windows button >> Go to Programs and Features >> Select – Turn Windows features On or Off.
- Scroll through the list to find out .NET Framework 3.5
- Enable the option of .NET Framework 3.5
- Exit the Control Panel
- Restart the Computer
After the computer is rebooted, open QB for verifying whether, or not it’s working or still facing issues. When working with QuickBook 2015, you are likely to get a message – QuickBooks Error 15271. Again, sunset versions are not going to work on your system even after following the above-mentioned points.
The final thought
QuickBooks has special significance when it comes to accounting software for small to medium-sized businesses. Whether your company is just a startup or looking to expand with advanced accounting necessities, QuickBooks has the right platform as it designed to meet multiple needs of your business. If you are still confused with any specific accounting need, consider consulting with a software advisor who can help in this regard.
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