QuickBooks Online is cloud-based accounting software that boasts strong reporting, customizable invoices, inventory management, multiple currencies, and over 650 integrations. Additionally, QuickBooks Online offers several features that you can’t get with the more traditional QuickBooks Desktop (such as automatic sales receipts, split transactions, scheduled invoices, and location and class categories). Add in mobility, an easy-to-use UI, and extras, such as QuickBooks Capital lending and the QuickBooks Live Bookkeeping add-on, and it’s easy to see why this software is a top choice among small business owners.
While the software is easier to use than its locally-installed counterparts, there is a semi-steep learning curve, and you may face occasional navigational difficulties. If you need help, lengthy support wait times can be frustrating. Pricing increases throughout the years also makes QuickBooks Online an expensive choice for some businesses. However, QuickBooks Online may be the ideal solution for businesses that want lots of features in easy-to-use, cloud-based software..
While your QuickBooks Online plan includes most of the features you’d expect from accounting software, there are a few additional add-ons available. QuickBooks Payroll is one of the most popular, with prices ranging from $45-$125/month + $4-$10/month per employee. You can also purchase a custom invoice template for $4.99 or pay for e-filing services, which start at $14.99.
If you want to outsource your bookkeeping tasks, such as categorizing transactions, reconciling accounts, reviewing your financials, and closing the books, you can pay for QuickBooks Live Bookkeeping. This service matches you with a personal Certified QuickBooks Advisor and accounting expert, and you can schedule a video chat from within QBO. Prices range from $200 to $600 per month and are based on the dollar amount of your monthly expenses.
Is QuickBooks Online Easy To Use?
For the most part, QuickBooks Online is intuitive and easy to use. The UI has a beautiful design, though the organization could still be improved. Some features are hidden in settings and are frustratingly difficult to find, but the built-in help button can make it easier to discover what you’re looking for.
QuickBooks Online Review
QBO has everything you’d expect from accounting or bookkeeping software, including expense tracking, bank reconciliation, journal entries, class tracking, and more. You can create invoices, estimates, purchase orders, and sales receipts. Additionally, there are numerous time-saving automations, such as recurring invoices and auto-scheduling. QuickBooks users can also easily apply for funding through the built-in lending platform QuickBooks Capital.
While all plans include basic accounting features, you can upgrade your plan for more advanced features. These include time tracking, project management, inventory management, budgeting, and more. QuickBooks also has 80+ reports and tax support, including e-filing for an additional fee. Let’s take a closer look at the features that QBO offers.
QuickBooks Online has over 650 integrations, including 25 different payment processing options (such as QuickBooks Payments). The QuickBooks Online Advanced plan also comes with a built-in Fathom integration at no extra cost. Additionally, QuickBooks Online Advanced subscribers now have access to premium apps. API is also available for developers.
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QuickBooks Online Reviews
QuickBooks Online has many positive reviews from its users. Intuit is not accredited by the BBB but has an A+ rating. QuickBooks Online, specifically, receives 4.3/5 stars on GetApp and 4/5 stars on G2 Crowd. The mobile apps rank highly with Android users (4/5 stars) and iOS users (4.7/5 stars).
Although many customers like QuickBooks Online, there are a few significant shortcomings to the software. Frequent complaints about the software running slow have been addressed, but other problems have risen to replace this issue, like poor customer support and bugs on the mobile app.
The mobility of cloud-based software & mobile apps
QuickBooks Online comes with a wide breadth of features and has the complex accounting capabilities that small business owners need. The software offers an impressive number of integrations. QuickBooks Online also has a few unique features you won’t find elsewhere, such as QuickBooks Live Bookkeeping service and QuickBooks Capital built-in lending.
One of the biggest issues you’ll find with QuickBooks is poor customer support. There are also a few kinks in how the software is organized, and the software can be a little expensive, especially if you upgrade to the Advanced plan for more features and users. However, the sheer number of features and strong accounting still make Q