What are QuickBooks and VAT compliant?

Posted by PROTON INTERNATIONAL TRADING FZC on June 6th, 2019

QuickBooks UK is said to be an accounting software package that is said to be developed and marketed by Intuit. The software is more or less for small and medium sizes businesses where there is an offer of on-premises accounting applications which also include the cloud-based versions which can accept the business payments, manage the payroll, and pay bills.

The QuickBooks in UK have packages which are aimed for different types and sizes of business. It has self-employed packages which can offer a bare minimum need to run a simple track of outgoings and incomes. But it does not create any estimates or invoices which might be a put off to some users.
It does the basic tracking of sales, expenses, and profits. There are a lot of Quick Books solutions like the Quick Books Pro and it is for this reason that it is important that you should pick the right one.

If you want to use QuickBooks UK for your small business, then you can look at its top uses below:

1.    Management of Incomes and Sales
The sales and income can be managed in QuickBooks by the creation of invoices in order to track sales by the customer. You can stay on top of what the customer owes you by reviewing a report that has details of the current and past due invoices.

2.    A track of expenses and bills
The QuickBooks Pro can keep an automatic track of your bills and also expenses by connecting it to your bank and credit card accounts so that all of the expenses are downloaded and categorized. If you want to track a cash transaction or check, you can make a record of it directly in Quick Books within minutes. The accounting software will also help you pay your bills when it is due.

3.    You can gain a key reporting insight on your business
Since you are managing all of the cash flow and outflow activities in the software, you can access many reports which can provide you with valuable insight into your business. The reports are pre-built and can be run in just a few clicks. The reports are also updated in real-time as you enter and save your transactions. This can be a beneficial factor if you have to provide your financials to a potential investor or to a lender for the small business loan.


You can also be VAT compliant with Intuit QuickBooks which is VAT software in UAE and is online accounting software. You can take care of your bookkeeping, invoices, and billing. The VAT software UAE provides all the things which you need the most or to run your small business and it includes things like:

1.    Secure access on any device, anytime
2.    An easy track of the cash flow
3.    Insights and reports information
4.    Stay VAT compliant now and you can move forward
5.    You can record the sales by Emirates
6.    The exchange rates are said to be displayed on the invoices automatically