QuickBooks Online Software

Pros

Using QuickBooks Online provides me with a Peace of Mind. The reason is that all of your information is backed up by QuickBooks, so there is no need to do your own backups. nor do you need to worry about losing all of your accounting information. I recently made the switch from QuickBooks Desktop to QuickBooks Online and I am so glad that I did. At first, I was worried that it was going to be a difficult learning curve, but that is not the case. I was able to quickly learn how easy it is to use QuickBooks Online. I am in charge of the accounting at my business and I actually have 8 QuickBook Companies that I have to manage. Having all 8 companies on QuickBooks Online has made doing the monthly accounting reporting so much easier. I love that you are able to sync your bank account and credit cards to your QuickBooks Online Account which allow for easier reporting. No more manual entries! Overall, I am very pleased with QuickBooks Online!

Cons

The only issue I have with QuickBooks Online is that lately I have to resync my bank accounts and credit cards with the company files. This has become a real issue because it seems like I have to do this all the time or the new transactions will not import into QuickBooks. Hopefully, QuickBooks Online will fix this soon.

Pros

One of the best things about QBO for us has been the price. But then its ability to keep our finances straight has also been a huge help, much more than our last software. It's got a bit of a learning curve but once you've got it, setting up vendors, products, accounts, donors, income, etc. is pretty easy. It also has a lot of options in the reporting that let's you keep track of things, and you can schedule automatic reports that go out whenever you'd like in the month/week. Also it integrates with other software pretty easily, so having people submit receipts through Expensify, or having people sign up for something and have the purchase be recorded into QBO is pretty great.

Cons

We use this as a non-profit and it's sort of setup for it. Like you can change customers to donors, but it kind of stops there. Thankfully, the support team is very helpful and helped us figure out a way to record donations in the system as donations. We're still working on how to make reports for each person's tax giving statement, but the reporting part of QBO is bound to have a way to do that. There's lots of options there.

I use QuickBooks Online personally as well as integrate with them for the software company that I work for. It has been fairly easy to set up the API and it works seamlessly 95% of the time.

Pros

I like how easy it is to get started with an account, as well as how easy it is to integrate to other software solutions. I think the layout is very user friendly and intutitive to navigate.

Cons

There is limited functionality and the reporting features are less robust than QuickBooks Desktop.

Pros

The platform is really intuitive and doesn't involve any training. It's simplicity makes sending invoices painless.

Cons

It's difficult to override some features. For example, I had a client that paid outside of the Quickbooks system and now I can't figure out how to mark down that they paid. Our balances are off in the system now.

Quickbooks Online has helped me quickly review my income and expenses and has kept me in line with my projected budget. Since the system automatically syncs with my banking and credit card accounts, I don't have to maually enter any receipts or forget to enter receipts, which my Accountant likes!

Pros

It is so easy to use and very forgiving. If you mess up, you can easily fix the problem with little effort. If you have any questions, the HELP menu has a vast knowledge base.

Cons

I don't like that the Budget function is in a higher payment tier than the basic package. Budgeting is not terribly difficult to manage and it only adds a few more reports. I don't see why all packages can't have a budget module.

Pros

Relatively easy to use and there is even an ios app to make data entry seamless.

Cons

The pricing is a bit high for a new/small business but at least the features are robust.

I love that they have a more compact online version. It's really easy for me to use with my online business.

Pros

I like that they have a more compact online version.

Cons

I don't think this has a downside. This product is wonderful.

Pros

Doesn't have as many features when comparing to QBO online.

Cons

Difficult to cleanly search for history using multiple filters, keywords, or timeframes.

I was in charge of keeping up with the books for a small family owned company and they had been using Quickbooks when I came in so I learned the software and took over. It was honestly a lot easier than I had thought it was going to be and really made keeping up with everything so much more convenient and faster

Pros

I loved working with Quickbooks - it was the easiest software for all my accounting needs and it really cut down on the time it took to complete certain tasks.

Cons

There weren't really a lot of things I could complain about. Honestly I can't say a bad word about it.

Pros

Quickbooks online is a great platform. It's easy for new users who have no training in Quickbooks, so recommend for them

Cons

I'm spoiled because I used the desktop pro version for years and loved it. Online version wasn't as robust as I was used to, but it's still great!

Great for small business! It is a very inexpensive way to keep track of your finances to prodive to your tax professional at year end.

Pros

Product is easy to use for beginers with not a high learning curve for basic functions.

Cons

Has limitations just like any software. A number of the limitations are solved by third-party add-ins that cost additional money.

Pros

As a remote worker, Quickbooks online allows me to use the software at any time and anywhere. It keeps me updated with every single expense that's connected to our business account. It's a great tool for organizing financial transactions.

Cons

Its basic features are easy to use, however, the complex ones can sometimes give headaches, especially to beginners. There were also times that the software gets buggy, most especially with the payroll and statement reports. An easy way of refunding invoices will also be very helpful.

Pros

Quickbooks online is easy to navigate through and keep up with important business financial records. Being able to pull monthly sales tax forms is especially important for most small business owners like myself, quickbooks makes it pretty simple

Cons

I don’t have any cons so far about the ease of use of the quickbooks online program. It is easy to learn

Overall experience is very positive. From the features and functionality to the customer support, everything is great.

Pros

I own a small business and QBO is essential for it. It's easy to use and provides very clear reporting. If you don't know your numbers, you don't know your business and QBO helps you know your numbers. It's also cheap and integrates well with a lot of other software.

Cons

Tiny bit of a learning curve but that's really about it, overall the software is great!

It lets me track time, create invoices, track expenses and my accounts and do payroll all from anywhere.

Pros

The best part about QBO is that you and your team can access it from anywhere. My accountant can easily log in and check the books. Plus they have amazing add-ons like Minutedock for tracking billable time.

Cons

They can be slow to roll out new features and updates and can't do stuff like create time entries in multiple currencies.

QuickBooks online has its weaknesses and bugs. However, after my research I think it's the best option out there for now.

Pros

Quickbooks is easy to "plug in" and go... You can use their templates and basic accounts and set up your own accounting system in no time. I had no bookkeeping or accounting experience before using QuickBooks Online, and I was proficient after about 6 months of part-time use.

Having an accountant log-in is so helpful in today's world so many people are working from home/ traveling/ etc. It is indispensable for my organization to have an online accounting platform that I, my organization's volunteer treasurer, and our hired accountant can all access from our home computers.

As a non-profit organization that only pays a tiny amount of sales tax, that portion of the software is very functional and is one fewer thing I have to deal with.


I do not use payroll through this system, so I cannot comment on the functionality of that portion.

Cons

The bugs in the software (accounts that won't delete, messing up check numbers, etc) are the most annoying part of using QuickBooks Online for me. If you are a small team, you can just work around them and you eventually learn what they are, but it is repeatedly annoying. Their customer service is weak, but there are lots of affordable training courses that can fill in those gaps as you use the program.

I sometimes wish that Quickbooks Online were MORE customizable (i.e. allow you to delete certain generic accounts), and I sometimes wish it were LESS customizable (journal entries can be numbered ANYTHING which confuses me). Overall, I think it allows me to do most of what I need to do in bookkeeping for my non-profit.

From downloads to organization, this has been very useful with setting our business. I couldn't imagine having to hire an accountant.

Pros

The online features avoid the hassles of non accessibility. Plus one subscription allows access to more than one admin and also the CPA.

Cons

Just like anything else, accounting software requires an accounting background, but at least it helped me navigate it.

Pros

Quickbooks is a fast developing software that I have the opportunity to use every day. The Features that really stand out is the ability to do payroll on your own, time tracking, and billing.

Cons

The reporting in payroll is not that great. They can add more customizations to make this report more user friendly.

Pros

It's easy to navigate and pretty self explanatory. No error that can't be fixed.

Cons

I'm not sure if it's my internet connection or the software, but occasionally after software updates the software just crashes. It will happen about twice a day for about a week.

We needed a fast solution as our company scaled rapidly. We had to get paychecks out and start really doing account on the books. Quickbooks allowed us to get setup and running very quickly. Now we have 100+ people on the payroll being handled automatically by Quickbooks.

Pros

Easy to use
Affordable
Robust featureset
Lots of integrations with third party software products
Run an entire company's accounting out of this tool

Cons

A little bulky at first, but eventually once you work through the specifics it's pretty straightforward.