Tuesday, September 12, 2023

How Do the New Quicken Home and Business Features Work?

 Regarding home finance management programmers, quicken has long been a frontrunner. Estimates, invoicing, accounts payable, vendor and customer contact management, and projects are all supported in the Quicken home and Business versions. It also includes excellent rental property management features, allowing users to keep track of their renters and buildings. It's a perfect option for small firms seeking responsibility for their financial records. 



Key Features of Quicken Home and Business

Balances, expenditure trends, and investment performance are new software features. You can sync data on mobile, desktop, and online. It streamlines the processes of running a home company or an apartment complex. Rental income, rates, lease terms, and deposits can all be tracked, and you can send out email rent reminders using your invoices if you'd like. The quicken home and business reviews are fantastic, with several giving almost 4-star ratings. Some of the program's more interesting capabilities are described here.

Dashboard 

This version includes a dashboard that plots your spending patterns and provides an overall financial picture. You may view your bank account balance, investments, properties, and debts on the left side of the screen as upcoming payments, savings goals, and personal property.

Business Centre 

The business hub gives you a bird's-eye perspective of your company's finances, including its cash flow, P&L, and other financials. You may now analyses and set reminders for your business's spending patterns.

Invoicing 

The Quicken invoice template is highly adaptable. It does not include automation features like auto-scheduling or recurring invoicing, but it does allow for credits to customers, refunds, and finance charges. Invoice remarks can be added quickly and easily. 

Estimates 

Estimates can be sent out and converted into bills with the help of this programmer. Projects can have estimates added to them as well. 

Contact Management 

Quicken Home and Business includes an all-inclusive feature for managing contacts. Your contact and bio data can be stored here. You may also create contact groups and add files to individual contacts. 

Expense Monitoring 

You can manually enter your financial information into Quicken or connect to your bank to receive your transactions and account balances. If you use a single account for professional and personal transactions, you can keep the two completely separate or link them together. The programmer will automatically sort your company and personal spending patterns. You can also keep tabs on future transactions to get an idea of your available funds after subtracting forthcoming expenses. 

Accounts Payable and Bank Reconciliation 

The quicken home and business version makes balancing personal and professional finances easy. There are two methods for handling both business and individual billing. You can use the software's "Bill Pay service" to pay your bills online by connecting to your online lenders or entering the bills manually.

Managing Projects  

This programmer also has a project-making function. Create a beginning date, an expected finish date, and a completion date for the project. In addition, you may create estimates and invoices for projects and associate customers and files with them. 

Reports 

The programmer has up to fifty different reports on one's financial situation. The reports on expenses and income provide very useful information. Four extra rental reports and 13 business reports can be found in the Home and Business versions. There's also an option to send reports by email from within the programmer. 

Is There a Mac Version of Quicken Home & Business?

With a Home and Business plan, you can use the same program for your professional and private financial needs. Unfortunately, quicken home and business for Mac not yet available. The Home and Business edition of Quicken does not include a Mac version. Only the Windows version of Quicken can read it. 

Conclusion

The quicken home and business have been generally well-received by reviewers and consumers. The ability to keep tabs on rental homes is one of the most popular new features. The user-friendly programmer empowers its users to exert full command over their financial dealings and those of their businesses.