Why Quickbooks Is The Leader In Accounting Software

By Author: Keith Blackwood
Total Articles: 12
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Many private companies as well as government agencies are finding out the advantages to using outsourced bookkeeping services. One of which for the company would be paying a set hourly fee as opposed to offering an employee package that could run in the high five figures.

As government agencies are being hit especially hard with our country's economical problems, these days they are looking to track all spending. Work and staffing costs are no exception.

For those who have formal training in accounting or bookkeeping procedures, this could mean new career opportunities, particularly for those knowledgeable in the software program QuickBooks. Many with the combination of training and work experience may go freelance, or work independently. Using quickbooks bookkeeping service is almost a must to be successful in landing work assignments.

While most accounting and financial ...
... software programs are good for mathematical computations, general accounting procedures, statistics and other monetary functions, quickbooks is not only compatible with most office suite software programs but it also has a feature that is necessary to compute hours worked with the government.

QuickBooks now has a feature that complies with the Defense Contract Audit Agency (DCAA), which handles all contract audits for the U.S. Department of Defense. This feature automatically logs actual hours that an employee has worked, as opposed to accepting and entering hours that were manually written on a time sheet.

This feature is one that many companies cannot afford to do without as it eliminates confusion that can arise from employees who do not work an entire shift or have payroll issues.

Having quickbooks dcaa compliant not only makes payroll and other accounting matters related to contractors much easier but helps upper management track contractor (or subcontractor) hours versus performance and other audit-related issue that may arise in a contractor agreement.


Keith Blackwood writes and publishes various business articles. His current work discusses financial management and business process outsourcing, with focus on bookkeeping, outsourced bookkeeping, and outsourced accounting.