QuickBooks Pro 2016 with License Key and Video Installation Guide

QuickBooks Pro 2016 is an accounting software package developed and marketed by Intuit. Designed mainly for small and medium-sized businesses, QuickBooks offers both on-premises accounting applications and cloud-based versions. These versions help businesses accept payments, manage bills, and handle payroll functions.

Intuit was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California, USA. After the success of Quicken for personal finance, Intuit developed QuickBooks for small business owners.

Overview of QuickBooks Pro 2016

QuickBooks Pro 2016 provides a comprehensive accounting solution with:

• License key included

• Step-by-step video installation guide

• Features suitable for small to medium businesses

History and Development of QuickBooks

Initial Release

The first QuickBooks version was a DOS-based program built on the Quicken codebase. Windows and Mac versions later used a different base from In-House Accountant, which Intuit acquired. The software quickly became popular with small business owners who lacked formal accounting training, capturing up to 85% of the small business accounting market.

However, professional accountants criticized early versions for poor security controls and lack of audit trails, as well as non-compliance with traditional accounting standards.

Subsequent Releases and Improvements

To address professional feedback, Intuit introduced features such as full audit trails and double-entry accounting. By 2000, Basic and Pro versions were available, and in 2003, industry-specific versions tailored for manufacturers, contractors, retailers, and more were launched.

• 2002: QuickBooks Enterprise Solutions for medium-sized businesses released.

• 2005: Held 74% of the US market share.

• 2008: Retail market share reached 94.2%; QuickBooks ProAdvisor program gained 50,000+ accounting professionals.

Major Version Updates

• 2015: QuickBooks 2015 introduced income tracker, pinned notes, and homepage insights.

• 2016: QuickBooks 2016 added batch transactions, bill tracking, and label printer support.

• 2017: QuickBooks 2017 included automated reports and smart search.

• 2018: QuickBooks 2018 brought mobile barcode scanning and multi-monitor support.

• 2019: QuickBooks 2019 added history tracker for invoices and payroll adjustments.

• 2020: QuickBooks 2020 improved software reliability with features like batch invoicing and payment reminders.

International Versions of QuickBooks

QuickBooks is available in several markets with features tailored to regional tax requirements:

• Canada: Supports GST, HST, PST sales taxes.

• United Kingdom: VAT support for UK, Ireland, and South Africa.

• Australia: GST sales tax compliance.

QuickBooks Desktop is available by subscription in the UK and Ireland. The macOS version is exclusive to the United States.

Key Features of QuickBooks Pro 2016

• Remote access and payroll assistance

• Electronic payments and online banking integration

• Google Maps integration for mapping features

• Marketing tools through Google

• Improved email functions with Microsoft Outlook integration

• Excel spreadsheet import and employee time tracking

• Linux server support for QuickBooks Enterprise Solutions

• Link Intuit to their official website:
  Intuit Official Site

• Link QuickBooks Online info to Intuit’s QBO page:
  QuickBooks Online

• Link tax-related info to official tax authority pages (e.g., Canada Revenue Agency for GST/HST):
  Canada Revenue Agency GST

QuickBooks Online (QBO)

QuickBooks Online is a cloud-based accounting platform with:

• Monthly subscription pricing

• Automatic updates and patches

• Integration with banks, payroll, and expense management apps

• Available on Chrome, Firefox, Safari, Internet Explorer, and mobile devices

As of 2014, QuickBooks Online led the online accounting platform market with over 600,000 subscribers. It offers region-specific versions for the UK, Canada, India, Australia, and a customizable global version.

QuickBooks Point of Sale

QuickBooks Point of Sale software replaces traditional cash registers by:

• Tracking inventory and sales

• Managing customer information

• Providing detailed business reports

Add-on Programs and Developer Network

Intuit supports a marketplace where third-party developers create niche industry apps that integrate with QuickBooks. This includes partnerships like:

• Lighter Capital’s $15 million fund for QuickBooks app developers

• Intuit Developer Network providing SDKs and marketing resources

• Integration with Intuit’s tax software (Lacerte, ProConnect) and Microsoft Office

Criticism and Issues

As of November 2014, some users of QuickBooks for macOS reported compatibility problems with Apple’s OS X Yosemite.