Quickbooks Launches Healthcare, Non-Profit Focused Versions | AccountingWEB

Quickbooks Launches Healthcare, Non-Profit Focused Versions

Quickbooks maker Intuit has unveiled several new industry specific software titles to expand the usefulness of its line of Quickbooks products.

Specific Quickbooks products have been launched for non-profit organizations and for health care organizations. The non-profit tool adds grant/donor management tools, budgeting by projects, and non-profit specific streamlined reporting systems. The Healthcare edition brings business specific reports and healthcare specific charts of accounts.

"Smaller companies have so much in common, from price sensitivity to lack of full-time technology staff, that it's easy to overlook how different they can be," said Raymond Boggs, vice president for small/medium business research at IDC. "Small firms really see themselves as industry participants first and don't want to change their preferred vocabulary and business practices to accommodate new software. By adding specialized financial solutions for healthcare practices and nonprofit organizations, Intuit will strengthen its position with current and potential customers looking to manage their own unique industry environments."

  • Nonprofit Organizations — QuickBooks Premier: Nonprofit Edition and QuickBooks Enterprise Solutions: Nonprofit Edition are designed for nonprofit organizations with an operating budget of up to $5 million and that typically receive most of their funding from sources that do not designate the spending of their contributions. Nonprofit-specific features, including specialized reports and tools, help organizations more easily manage their finances, so they can spend more time furthering their cause.

  • Healthcare Practices — QuickBooks Premier: Healthcare Edition and QuickBooks Enterprise Solutions: Healthcare Edition are specifically designed to help healthcare practices more effectively manage their finances and, in turn, increase profitability. Using the Healthcare Editions, practices in various specialties — including dentistry, mental health, chiropractics, veterinary medicine, optometry and other physician-based practices — can get more insight into how their practice is doing and gain more control of their financial data.
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