Accounting Principles and Intuit QuickBooks

Before getting into more details on Intuit QuickBooks Online Basic - Free Accounting Software for Business Anytime, Anywhere Access, Intuit QuickBooks Online Plus - Free Accounting Software for Business Anytime, Anywhere Access, Intuit QuickBooks Simple Start - For Simple Finances, Intuit QuickBooks Premier Edition, Intuit QuickBooks Premier Contractor Edition, Intuit QuickBooks Premier Manufacturing and Wholesale Edition, Intuit QuickBooks Premier Non Profit Edition, Intuit QuickBooks Premier Professional Services Edition, Intuit QuickBooks Premier Retail Edition, Intuit QuickBooks Pro Edition and Intuit QuickBooks Enterprise Solutions, Pinoy Accountants, Pinoy Bookkeepers, Pinoy CPAs, Pinoy Business Owners and other Pinoy-QuickBooks users still need to know the Principles of Accounting.

Pinoy Accountants, Pinoy Bookkeepers, Pinoy CPAs, Pinoy Business Owners and other Pinoy-QuickBooks users should know that the most important thing about accounting is that it gives financial information to stakeholders. Stakeholders are the one who do business with or interact with the company; the stakeholders are the managers, employees, investors, vendors, banks, government agencies that may deal with the company regarding taxes.

They must follow the rules and guidelines in reporting the financial information. Generally Accepted Accounting Principles is the most common set of accounting principles. If they abide to the Generally Accepted Accounting Principles it can help companies to achieve their financial objectives.

Intuit QuickBooks supplies all  the accounting information that Pinoy Accountants, Pinoy Bookkeepers, Pinoy CPAs, Pinoy Business Owners and other Pinoy-QuickBooks users and stakeholders need. Pinoy Accountants, Pinoy Bookkeepers, Pinoy CPAs, Pinoy Business Owners and other Pinoy-QuickBooks users can generate all the financial reports needed by the stakeholders using Intuit QuickBooks in no time. Intuit QuickBooks can generate Income Statement - a report that summarizes the firms revenue or income and expenses for a particular period of time;  Balance Sheet - reports on firms assets, liabilities and  owners equity and Statement of Cash Flow.