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If you have customers using QuickBooks

If your company is typical of many accounting firms, you probably have clients who are using QuickBooks to record their daily business transactions.

What we tell QuickBooks users

We recommend that nonaccounting professionals use QuickBooks as a means of presenting their accountant with organized financial information. We make it clear that a software program is no substitute for professional advice. We also advise users to ask their accountant for advice as they set up QuickBooks, not only in obtaining the business's current balance sheet and profit and loss statement, but in setting up the chart of accounts and the company file.

If you have a client who is already set up to use QuickBooks, you should check their QuickBooks chart of accounts and make corrections if necessary.

See also

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