Clearbooks vs QuickBooks Self-Employed

Likelihood to Recommend

Larger companies, multi-currency. Clearbooks is in a competitive environment with Xero, SageOne, FreeAgent, Intuit etc., etc.

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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QuickBooks Self-Employed is a very detailed software to keep track of your finances and tax obligations. I'm reviewing the online version here and honestly, if you are into QuickBooks, it might be worth looking into the stand-alone software version. Ideally, if you work remotely, in various places and on more than one computer (desktop or laptop) then QuickBooks online is a good idea. But the slow interface is troubling to me and I spend a lot of time going through and correcting entries QuickBooks imports from my bank account. In fact, I've gone back to my stand-alone version of Quicken.

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Tim Vahsholtz

Producer

Essential Sales TrainingMarketing and Advertising, 1-10 employees

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Feature Rating Comparison

Clearbooks

QuickBooks Self-Employed

Accounts payable

Accounts receivable

Cash management

Bank reconciliation

Expense management

Fixed asset management

Time tracking

Multi-currency support

Multi-division support

Regulations compliance

Electronic tax filing

Self-service portal

Global Financial Support

Primary and Secondary Ledgers

Intercompany Accounting

Localizations

Journals and Reconciliations

Enterprise Accounting

Configurable Accounting

Centralized Rules Framework

Standardized Processes

Clearbooks

QuickBooks Self-Employed

Pay calculation

Benefit plan administration

Direct deposit files

Salary revision and increment management

Reimbursement management

Clearbooks

QuickBooks Self-Employed

API for custom integration

Plug-ins

Clearbooks

QuickBooks Self-Employed

Single sign-on capability

Role-based user permissions

Clearbooks

QuickBooks Self-Employed

Dashboards

Standard reports

Custom reports

Clearbooks

QuickBooks Self-Employed

Inventory tracking

Automatic reordering

Location management

Manufacturing module

Clearbooks

QuickBooks Self-Employed

Pricing

Order entry

Credit card processing

Cost of goods sold

Order Orchestration

End-to-end order visibility

Order exception Resolution

Pros

SaaS, so accessible by anyone, anywhere in the world via a browser
Clear and straight forward navigation
Good choice of management reports

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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Cross-platform compatibility (Browser, Android) makes it easy to see how my business is doing almost anywhere.
Smart enough to recognize and automatically categorize most of my transactions, so I don't have to fuss with spreadsheets at the end of the year.
Updates automatically and notifies me when it needs help, so I don't have to spend too much time babysitting it.
Integrated with TurboTax and automatically exports year-end tax info for easy filing.

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Benjamin E. Jerew

Senior Content Manager

One Car Payment, Inc.Financial Services, 1-10 employees

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Cons

Like any SaaS product, Clearbooks is continuously evolving and being improved
Some of the reports still need some work

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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Automatic mileage tracking used to work a lot better than it currently does. I got a new phone, and now I have to manually input call tracking, because it just doesn't work anymore.
When creating invoices, there should be a way to import data into an invoices from Excel, which would make the invoicing a lot faster. Additionally, being able to press ENTER to save a line item on an invoice would be nice. Currently it doesn't work that way.
Editing invoices shouldn't require sending a reminder.

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Aaron Metzger

Founder

CATAPULT.digitalInternet, 1-10 employees

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Alternatives Considered

Clearbooks was chosen 5 years ago as our accountant recommended it. There is an element of inertia in moving accounts packages.

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.

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Jonathan Palance

Owner

Palance Music and MediaMedia Production, 1-10 employees

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Return on Investment

I am not sure that ROI is an appropriate measure for an accounts package. The cost is around £250/year, which is a tiny fraction of the cost of a bookkeeper/finance controller/finance director/CFO.

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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A positive impact on my business is, of course, keeping track of income and expenses, and approximate quarterly taxes. QuickBooks is a little better at this than Quicken, I think.
By using QuickBooks (and Quicken) it saves me having to spend money on an accountant. (At least up to this point.)
However, the time I spend on daily or weekly entries takes billable time away from other things.

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Tim Vahsholtz

Producer

Essential Sales TrainingMarketing and Advertising, 1-10 employees

View all 13 answers on this topic

Pricing Details

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

Rating Summary

Clearbooks

QuickBooks Self-Employed

Clearbooks

QuickBooks Self-Employed

Likelihood to Recommend

Clearbooks

QuickBooks Self-Employed

Feature Rating Comparison

Accounts payable

Accounts receivable

Cash management

Bank reconciliation

Expense management

Fixed asset management

Time tracking

Multi-currency support

Multi-division support

Regulations compliance

Electronic tax filing

Self-service portal

Global Financial Support

Primary and Secondary Ledgers

Intercompany Accounting

Localizations

Journals and Reconciliations

Enterprise Accounting

Configurable Accounting

Centralized Rules Framework

Standardized Processes

Pay calculation

Benefit plan administration

Direct deposit files

Salary revision and increment management

Reimbursement management

API for custom integration

Plug-ins

Single sign-on capability

Role-based user permissions

Dashboards

Standard reports

Custom reports

Inventory tracking

Automatic reordering

Location management

Manufacturing module

Pricing

Order entry

Credit card processing

Cost of goods sold

Order Orchestration

End-to-end order visibility

Order exception Resolution

Pros

Clearbooks

QuickBooks Self-Employed

Cons

Clearbooks

QuickBooks Self-Employed

Alternatives Considered

Clearbooks

QuickBooks Self-Employed

Return on Investment

Clearbooks

QuickBooks Self-Employed

Pricing Details

General

Free Trial

Free/Freemium Version

Premium Consulting/Integration Services

Entry-level set up fee?

General

Free Trial

Free/Freemium Version

Premium Consulting/Integration Services

Entry-level set up fee?

Rating Summary

Add comparison