QuickBooks Pro 2001 Review

QuickBooks Pro 2001
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In the quest to find a decent accounting solution for my sole-proprietorship (start-up), I tried and evaluated several trial versions of accounting software packages (QuickBooks Pro 2001, gnucash, gACC, MYOB, and Peachtree Accounting).
The good: Hands down, QuickBooks Pro is the easiest and most intuitive accounting package aimed at small businesses, on the market. I was able to setup the books, generate purchase orders, sales receipts, deposits, checks, with a minimum of effort. The only difficulty is figuring out the QuickBooks way of doing things, but once you do, things fly. I was surprised to find that it will even print out deposit slips (nice feature, especially if you take in a lot of checks).
The bad: Unfortunately it is also the most expensive software package in this class. Peachtree Accounting is about half the cost (but much more difficult to use [double-entry accounting]).
The ugly: Also, beware that the features included in this software package are a little misleading: Setting up payroll requires you to use their payroll update service ($). Setting up a "professional website" requires you to use their service ($). From the trial, I got the feeling that accepting credit cards also requires you to use an Intuit-affiliated merchant account ($?). I never went any further to investigate. Several "marketplace features" were discontinued.
Simply stated, QuickBooks is an intuitive, easy to use accounting solution for small businesses. However, I was disappointed in the QuickBooks Pro version, which charged a premium for features that either contained ongoing hidden charges, or are not likely to be used by most people. My advise: get QuickBooks 2001, not QuickBooks Pro.

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Intuit QuickBooks 2001 Pro is a complete accounting and payroll product for small businesses. Extensive tools allow you to manage all financial aspects of your business. Store and track checking accounts, credit cards, and accounts payable/receivable. Bank and pay bills online, create customized invoices and statements, print forms such as 1099s and W2s, and more. Over 100 customizable instant reports and graphs provide an overview of your business at any time. Advanced project reports include job administration; job profitability; job estimates vs. actuals; progress billing; and time reports by name, item, and activity. Organize your memorized reports into groups that make the most sense to you. Keep your place on reports with new QuickZoom, which allows you to go back to exactly where you were in the report, instead of to the top. QuickBooks 2001 Pro online billing lets you e-mail invoices and get paid online, which saves your customers time and allows you to get paid faster. You also can e-mail and fax invoices and estimates directly from QuickBooks. Create up to 20 different price levels for products and services, such as assigning default prices for wholesale, retail, or best customers. Customize reports to look the way that you want. Sort the information in any column or change the order of columns in most reports. QuickBooks 2001 Pro offers improved time-sheet printing, advanced job costing, and time tracking. These and many other features make QuickBooks 2001 Pro a fast and easy way to manage your business.

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