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Introduction > Getting to Know QuickBooks

Getting to Know QuickBooks

When you run a business (or a nonprofit), you track company finances for two reasons: to keep your business running smoothly and to generate the reports required by the IRS, the SEC, and any other stakeholders to whom you are responsible. QuickBooks helps you perform your basic financial tasks, track your financial situation, and manage your business to make it even better. Before you read any further, here are a few things you shouldn’t try to do with QuickBooks:

  • Track personal finances. Even if you are a company of one, keeping your personal finances separate from your business finances is a good move, particularly when it comes to tax reporting. In addition to opening a separate checking account for your business,


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