QuickBooks live
by Intuit
by Intuit
Profile Information Last updated on: 6 September 2024
Profile Information Last updated on: 6 September 2024
We help make selecting a software for your business effortless, economical and efficient.
by Intuit
by Intuit
Profile Information Last updated on: 6 September 2024
Profile Information Last updated on: 6 September 2024
QuickBooks Live is a bookkeeping service provided by Intuit, designed to help small businesses manage their financial records with the assistance of certified bookkeepers. The service integrates seamlessly with QuickBooks Online, offering real-time support and ensuring that financial records are accurate and up-to-date.
Intuit, the parent company of QuickBooks Live, was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California. Initially, Intuit launched Quicken, a personal finance management tool, which later led to the development of QuickBooks in 1992 to address the needs of small businesses. QuickBooks Live was introduced as an extension of QuickBooks Online to provide expert bookkeeping services, reflecting Intuit’s continuous innovation and adaptation to market needs.
QuickBooks Live offers two main services: Expert Assisted and Full-Service Bookkeeping. The Expert Assisted service provides guidance and support for users managing their own books, while Full-Service Bookkeeping assigns a dedicated bookkeeper to handle all bookkeeping tasks. Key features include transaction categorization, account reconciliation, financial reporting, and tax preparation support.
Intuit has made several strategic acquisitions to enhance its product offerings. Notably, the acquisition of Mailchimp in 2021 expanded Intuit’s capabilities in customer relationship management and marketing. This acquisition aligns with Intuit’s strategy to provide comprehensive solutions for small businesses, integrating financial management with marketing tools.
QuickBooks Live continuously updates its features to meet the evolving needs of its users. Recent updates include enhanced automation for transaction categorization, improved integration with third-party applications, and advanced reporting capabilities. These updates aim to streamline bookkeeping processes and provide more insightful financial data for business decision-making.
Intuit’s culture is built on core values such as “We Care and Give Back,” emphasizing corporate responsibility and community support. The company is committed to diversity, equity, and inclusion (DEI), and actively invests in job creation, job readiness, and sustainability initiatives. Intuit fosters a supportive and innovative work environment, encouraging employees to contribute to their communities and uphold the company’s mission of powering prosperity.
QuickBooks Live serves a diverse user base, primarily small and medium-sized businesses across various industries. The QuickBooks Community is a vibrant platform where users can connect, share best practices, and seek advice from experts and peers10. This community support enhances user experience and fosters a collaborative environment for continuous learning and improvement.
By Intuit