QuickBooks Accounting Software Review
ConsumersAdvocate.org Rating: 8.0 / 10 (Very good)
QuickBooks Online is an accounting software offer from Intuit, a company that specializes in providing financial tools for personal use and businesses. It has had the lion share of the market since its introduction and continues to be the most popular accounting software available today. QuickBooks Online from Intuit brings good value with its numerous accounting features both basic and advance. This gives user better control of their finances by helping them streamline all the various processes in an easy to understand interface.
The product has since made its way to different countries. QuickBooks Online is available through a diverse range of products that are designed to bring the functionality required for each user.
QuickBooks Online makes quick work of all your accounting needs. It provides all the features required from accounting software such as invoicing, payment tracking, receipt creation and tracking employees, customers and vendors. Features include highly customizable invoice templates that could be personalized. Invoicing options include scheduling and automatic alerts. Invoicing could be done in batches and even covert estimates into invoices.
QuickBooks Online improves overall efficiency by reducing the amount of time spent on your books. This is done by automating various processes and providing ready to use templates for entering data. This information could be used for tax calculation and accounting purposes.
Invoicing options allows you to create a standard form that you could repeatedly use, print and even send to your customers through email. Intuit’s Payment Network which charges a transaction fee gives your customers to pay their bills online.
QuickBooks Online is available as an app for both Apple and Android users. It lacks some of the functionalities seen in their standard format. But this gives you the ability to have access to all the basic accounting functionalities on the go. QuickBooks Online gives you to enter valuable customer data such as maps for a more convenient way to get in touch with them. Electronic signatures let them sign estimates seamlessly.
- Payment tracking
- Tax management
- Highly-customizable invoices
- Credit card integration
- Client billing
- Asset and inventory tracking
- Transaction monitoring
- Batch invoicing
- Multi-company handling
- Customer snapshot
- Industry reporting
- Inventory and asset tracking
- International currency monitoring
- Business plan creation
- Consolidated reporting
- Sales and expense forecasting
- Data protection
- Online payment with Intuit Payment Network
30 Day Free Trial
- Self-employed $4.99/month ($9.99/mo)
- Simple Start $10.36/month ($12.95/mo)
- Essentials $13.47/month ($26.95/mo)
- Plus $15.98/month ($39.95/mo)
Number of users – varies according to version purchased
Ideal for personal use, small businesses and enterprises
QuickBooks Online from Intuit is fairly easy to setup and use. However, help is recommended for those without an accounting background. QuickBooks Online could be configured to different businesses to make it more suited for specific needs. With each business having its own unique requirements, hiring the help of an accountant could be a good idea.
QuickBooks Online from Intuit does provide a number of features that makes it a popular product for personal and business use. However, some of the more advanced accounting features are available on higher versions.
QuickBooks could be an invaluable tool for small businesses that require specialized accounting services but do not have the resources to hire an accountant or additional employees. The software is able to handle most day to day financial processes in an easy to digest format. It helps you take control and track every transaction while being able to generate reports for making more informed business decisions.