QuickBooks 2020 Desktop Pro

What is QuickBooks 2020 Desktop Pro?

QuickBooks 2020 Desktop Pro is a comprehensive and reliable accounting software designed specifically for small businesses to manage their finances effectively. As a desktop application, it ensures your company's sensitive financial data is stored securely on your local computer, not in the cloud, giving you full control.

Its most significant advantage is the perpetual license. You buy the software once and own it forever, making it an ideal, cost-effective choice for businesses looking to avoid recurring monthly or yearly subscription fees.

Key Features & Capabilities

QuickBooks Pro provides all the essential tools you need to stay on top of your business finances:

• Track Income & Expenses: Easily monitor all money coming in and going out. You can connect your business bank accounts to automatically download and categorize transactions, saving hours of manual data entry.

• Professional Invoicing & Payments: Create professional and customized invoices, quotes, and sales receipts in minutes. You can track the status of invoices, receive payments, and send automated reminders for any overdue payments.

• Manage Bills & Accounts Payable: Stay on top of your bills by tracking what you owe and when payments are due, helping you avoid late fees and manage your cash flow effectively.

• Inventory Management: Track the products you buy and sell, including quantities on hand and the cost of goods sold. You can also receive notifications when inventory is running low to ensure you never run out of critical stock.

• Comprehensive Reporting & Tax Management: Gain valuable insights into your business performance with over 100 built-in financial, sales, and tax reports. The system is fully equipped to handle South African tax requirements.

• Job Costing: Track expenses and profitability on a project-by-project basis. This is perfect for service-based businesses like contractors, freelancers, and design agencies who need to know which jobs are making them money.

🇿🇦 Suitability for South Africa

QuickBooks 2020 Desktop Pro is fully capable of meeting the specific financial and tax needs of South African small businesses.

• VAT Tracking: The software is designed to correctly handle Value-Added Tax (VAT). It allows you to track the VAT you collect from customers and the VAT you pay to your suppliers.

• VAT 201 Reports: It greatly simplifies your tax submissions by automatically generating a VAT 201 summary report. This makes it easy to fill out and file your returns with the South African Revenue Service (SARS).

• Multi-Currency Support: It supports transactions in the South African Rand (ZAR) and can manage other currencies, which is ideal if you work with international clients or suppliers.

💳 Licensing: One-Time Purchase

One of the most compelling reasons to choose QuickBooks 2020 Desktop Pro is its straightforward licensing model.

• Perpetual License: You make a one-time payment to purchase the software license.

• No Recurring Fees: There are no mandatory yearly or monthly subscription fees to continue using the core features of the program.

• Full Ownership: Once you buy it, you own that version of the software. You can continue to use it for as long as your computer's operating system is compatible, providing excellent long-term value and predictable software costs for your business.