Some people who are considering using QuickBooks might like to know the history of QuickBooks, including when it was founded and its improvements.

In 1998, QuickBooks was launched by California-based Intuit.  QuickBooks was patterned after Quicken, a personal accounting package.  QuickBooks was intended to offer small business owners the flexibility of an easy-to-use software package and the structure and compliance that are needed to manage a profitable business.

When QuickBooks was launched, it quickly became popular among business owners who had little accounting experience.  Many accountants thought that it lacked the security, an audit trail, and robustness that it needed.  Some of those accountants requested those changes because some business owners used QuickBooks for their daily accounting and paid professional accountants for quarter-end and/or year-end services.

Intuit ensured that they improved QuickBooks.  In 2000, the software included audit trials, double entries, and other accounting-industry compliant items.  Intuit developed packages that were tailored to the needs of specific industries, including contracting, retail, manufacturing, and not-for-profit.  They later developed the Pro Series, which is designed for accounting professionals who work for many small businesses, at the same time.


This information, about the history of QuickBooks, should be helpful, for anyone, who wondered when it was created and how it was improved.


Sansone & Associates, P.C. is known for guiding our clients through a full range of tax planning and preparation decisions to minimize tax liabilities. We pride ourselves on being available to play a major role in supporting your financial, record keeping,   and tax planning issues. If there is anything, we can help you with, please schedule an appointment with one of our certified public accountants by calling 815-459-4300.