The current business environment is becoming more competitive with every passing day, but on the other side if we observe most of the new ventures fail to perform operations and go bankrupt even in the first six months of their inauguration. There are multiple reasons behind these failures and some of the prominent explanations to this phenomena include lack of funds, unprofessional behavior, limited resources etc. When we look at the performance of small scale business firms the biggest hurdle they face is limited resources, even with great planning they fail to achieve the desired results because of fund restriction. But the smart professionals incorporate solutions which are cost effective and tweak them as per their needs to get high results. One of such cost-effective tool from which small scale business are benefiting at a large scale is QuickBooks Desktop.   Statistics show that 8 out of 10 new businesses