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Why most clients are in violation of their Quickbooks license and don’t even realize it!

Quickbooks symbol As if the IRS wasn’t enough to deal with, now Quickbooks owners have another hidden trap that Intuit is just waiting for you to stumble into. The trap centers around the wording in the licensing agreement. Simply put, it’s not a per user license like most multi-user software. Instead, it’s a per person license.
Let me illustrate with the example that an Intuit rep gave me.
  • Business owner buys QB and installs on one computer belonging to the bookkeeper.
  • One Bookkeeper does all accounting work during the normal course of business (on one computer) and leaves at 5:00PM
  • At 5:15 business owner needs a deposit report for the day and goes to bookkeeper’s computer and runs the report
  • Business is in violation of the software agreement and is required to buy another Quickbooks license.

Same result if a salesman grabs a customer report once a year.
Intuit has expressed the desire to pursue legal action on the above real-life example.
Customer abuse? You be the judge!

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Small business bookkeeping tool

For the small business, this one tool will track present a financial picture of all checks, deposits, wire transfers, and balance of your business accounts.

Use this link. [Requires Excel 2007 or greater.]Small Business Record Keeping

Excel-based bookkeeping

Small Business Bookkeeping


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