Quickbooks Online User Review

Time saving solutions at one platform

I am very happy in using everyday Quickbooks Online. It is easy to operate and has excellent reconcilation, automated reporting and integrated with various financial payment channels .

Pros

Easy integration with bank,credit card and all methods of payment. Comprehensive tax , payroll and financial reporting. 24/7 accountant help.

Cons

sometimes bank sync issues cause delay in reconciliation and reporting. Most of the time its bank server is not sending feeds but still it is a concern.

It’s the industry standard for a reason

Quickbooks helps keep my small business finances in check with features both simple enough for me to use and robust enough for my CPA to help with during tax season. I cannot imagine going back to manual invoicing, expense, and profit/loss tracking.

Pros

Quickbooks integrates with most other small business software out there that has any sort of financial functionality. Categorizing and tracking expenses, invoices, and customer history is pretty easy. Reports are readily available and clear to interpret and automatically updated. Most all Tax professionals are familiar with the software so your CPA or tax preparer can tell you exactly what quickbooks documents they need when it’s tax time. There is also a robust online community that will help if you run into issues.

Cons

Categorizing expenses, splitting invoices, and marking transactions can sometimes be clunky and more difficult than it feels it should be. Doing anything more than basic tasks usually requires a google search to figure out, but there is extensive documentation and tutorials / guides exist for nearly everything you’d want to do.

Excellent online bookkeeping software.

I love QuickBooks and this is the software of our choice for our practice.

Pros

The reporting side is the best on the market, with many dimensions of data available, more than e.g. Xero, with only two tracking categories. I also like the support, being able to speak to a person if needed. Also the discounting referral system is very good.

Cons

VAT management and reconciliation can be quite tricky, as software often allows to change the previously submitted to HMRC data.

Efficient Accounting Software

Highly recommend. Great product that keeps getting better.

Pros

Really easy to use, automates a number of functions, and provides a comprehensive accounting package for our small business.

Cons

My background is accounting and sometimes I get the impression that Quickbooks has tried to dumb the software down too much, which makes it harder for me to deal with anything outside the box. Calling in to support can also be really challenging.