QuickBooks is an accounting software system developed by Intuit QuickBooks. This software is used by small- and medium-sized businesses. With this software, one can monitor their accounts, track and record business financial transactions. It is an online accounting software where all the transactions are immediately recorded into its database. The software saves time and money in the process of transaction processing. QuickBooks user list contains various companies from different industries of USA, Canada, UK, Australia, Germany, etc. for small businesses. The original developer of this software was namely Intuit but with good results and increased market share, it was acquired by Microsoft eventually.