After the success of its Quicken product for individual financial management, the company developed similar services for small business owners. Intuit was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California, USA. First introduced in 1983, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions. QuickBooks is an accounting software package developed and marketed by Intuit.