QuickBooks Online Review 2024: Features, Pros & Cons

Some say they preferred the legacy version of the software rather than the cloud-based version. They also find it frustrating that they often have to log in repeatedly due to software glitches. I didn’t have to spend time trying to figure out where features were because they were in intuitive places within my navigation process. In addition, call-to-action buttons helped me know what I needed to do to customize the platform to my needs, such as CARES Act adding a bank account or filtering reports.

• Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one.
• Computing taxes and using the correct forms are part of the plan.
• After creating the project, I was taken to a page designated to that project.
• The platform’s commitment to consistency across devices ensures that as businesses grow, their accounting access remains unhindered, whether they’re at the office desk or on the move.
• You can take a printout of these statements for your accountant and send it across to them at the time of filing or invite them to view these statements without needing a login ID or password.
• QuickBooks is an easy-to-use accounting software that can help you automate tasks such as bookkeeping, invoicing, expense tracking, inventory management and more.

What is the difference between QuickBooks Online and QuickBooks Desktop?

• Plus, software can help keep your books in compliance, which can save you time and money in the long run.
• Marguerita Cheng helps educate the public, policy makers and media about the benefits of competent, ethical financial planning.
• They can either enter it themselves using the QuickBooks mobile app or submit it manually and a bookkeeper on your end can enter the details in the app.
• Reports offered instructions to help me interpret them and easy filtering options to customize them to my needs.
• See how your business is doing, and how it could look in the next 90 days, with a range of popular reports and the cash flow planner.
• Each has multiple tiers of service to meet the needs of companies that vary in size and complexity.

Because many features had submenu items, it was not always instantly clear where to go to access needed features. Intuit QuickBooks has a 4.3-star rating and a 4.4-star rating on Capterra and G2, respectively, with over 6,700 reviews on the two platforms. Users say the software is comprehensive in its accounting features and easy to use. However, they say that solving an issue can be time-consuming and frustrating. Here’s a look at all of QuickBooks’ small-business products, including accounting, point-of-sale and payroll software.

Simple Start

• Instant search tools and customizable reports help you track down the smallest details and see overviews of how your business is performing.
• QuickBooks Time Premium is included with Payroll Premium and Time Elite is included with Payroll Elite.
• And, businesses can customize their reporting using over 1,000-plus customizable reports.
• For example, when you click “projects,” you are given the option to go to your list of projects or a report of staff cost rates.
• Along with these 150 reports, you’ll also be able to enter up to 14,500 inventory items, which should be more than enough for most businesses.

Businesses that provide services, rather than goods, should consider the QuickBooks Plus plan. Businesses with inventory will likely get the most benefit from QuickBooks Plus. Large businesses that need access for up to 25 users will probably want to go with QuickBooks Advanced. When determining the best accounting software for your business, it’s important to consider support, security and integration with your current applications, as well as cost and features.

What Kinds of Help Do Accounting Services Offer?

QuickBooks Self-Employed is specifically geared toward freelancers. It has only basic bookkeeping features (including minimal reporting), doesn’t help qbo login with more complex business taxes, and accommodates just one user. If you aren’t a freelancer, Self-Employed honestly won’t work for you.

It also supports electronic bill payment through QuickBooks Bill Pay, something no other competitor offers. You have the option to upload bills from your computer or enter them manually. Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one. Expert Assisted is a monthly subscription service that requires a QBO subscription and provides expert help to answer your questions related to the books that you maintain full ownership and control.

Is QuickBooks Online Right for You or Your Business?

Unlike competitors, I had to also enter my credit or debit card information. This means that if I am not satisfied with the software, I have to manually cancel my subscription before the two-week free https://www.bookstime.com/ trial period or I will be charged the yearly rate of $200. Intuitively, at the top of this screen was a link that gave me the option to add a custom widget (or “Insight”).

Use a free trial or ask QuickBooks for a software demo if you’re stuck between products. Stay updated on the latest products and services anytime anywhere. QuickBooks has several solid competitors, many of which offer similar accounting services at a lower cost. If you like QuickBooks but want to pay a bit less, we recommend looking at FreshBooks, Xero, and Wave Accounting. QuickBooks syncs with just about every popular accounting app you can think of, including Gusto, Square, PayPal, Stripe, and Google Calendar.