Read Sandeep Malhotra's full review
Likelihood to Recommend
It is well suited for all businesses for the core accounting needs. It is deeply rooted in accounting principles so any business can keep their books and corporate financials organized and properly recorded, regardless of size. Obviously there are complexities in each industry and QBO may not be able to handle all the upstream needs of a specific industry but as a system of financial record, it is excellent. I would advise smaller companies and sole proprietorships to consider if QBO is too much for them despite its simplicity of use. It takes commitment to set up QBO properly and consistently use it.