It also provides advanced methods to generate reports and invoices, track time, mileage, and purchase orders and reconcile bank and credit card accounts. It simplifies bookkeeping by automating many of the regular tasks like tracking cashflow and entering transactions detailing income and expenses. QuickBooks Desktop is much more than a simple accounting software for organizing business finances. While QuickBooks for Mac shares many features with its PC counterparts, they aren’t identical. Intuit has developed QuickBooks for Mac as well as products for the PC to cater to the needs of the users of two of the most widely used operating systems. QuickBooks Desktop even offers industry-specific solutions and advanced reporting and security features depending upon the versions that clients are using. It bundles tools for simplifying accounting for businesses by organizing data in a way that can easily be processed and analyzed. QuickBooks Desktop is powerful on-premises accounting software that can be installed on computers.