What is intuit quickbooks?

Intuit Quickbooks is an accounting software that was created as an integrated version between two earlier accounting systems which are Quicken and MoneyCounts.

Intuit Quickbooks is a breakthrough software since it incorporates the functions of Quicken and MoneyCounts producing a hybrid software system that is easier to use even by small business owners who had no formal accounting training.

Quicken was a very successful financial management software for personal use while MoneyCounts has the "double-entry" function which is not present in Quicken. The integration of the functionalities of both software proves to be very successful that Quickbooks almost monopolized the small business accounting software market.