They are necessary to tell what configuration is needed to run hardware or software application. System requirements are an essential aspect of QuickBooks and a critical factor to consider before purchasing any QuickBooks Version. QuickBooks is full of features and advantages and like any other software requires specific system requirements. QuickBooks is a popular software, and it occupies over 80% of the market share in the US market. Approximately 30 million users in the US are using financial software to complete their accounting requirements.