Overview
What is QuickBooks Online?
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
QuickBooks Online saves the day!
Caution - check with other users in your industry
QuickBooks Online is more interested in profit than providing a descent product.
The product is supposed to address accounting, but, in my experience, it is continuously problematic …
Essential online accounting system for UK businesses
Two Strikes for QBO in 2 Small Businesses
Atrocious Customer Service
Great until it became terrible, stay away from live bookkeeping!
QBO: Support that drives you over the edge
Always room for improvement
QuickBooks is a good program for users who are not accountants!
Don't do it. Just don't.
Best small business bookkeeping software!
QuickBooks online is a poorly written program with little help.
QuickBooks Online is the perfect fit for us!!
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Bank reconciliation (137)6.363%
- Accounts receivable (131)6.060%
- Standard reports (128)5.454%
- Dashboards (124)4.747%
Reviewer Pros & Cons
Pricing
Self-Employed
$15
Simple Start
$25
Plus
$75
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Demos
QuickBooks Online Demo | CAN
Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 4.2Pay calculation(69) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 3.7Benefit plan administration(32) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 4.7Direct deposit files(65) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
- 1.7Salary revision and increment management(44) Ratings
Salary revision is the ability to modify individual employee pay.
- 1.4Reimbursement management(46) Ratings
Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 1.3API for custom integration(54) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 3.8Plug-ins(57) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 3Single sign-on capability(81) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 4.5Role-based user permissions(102) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 4.7Dashboards(124) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 5.4Standard reports(128) Ratings
The software offers pre-built reports with metrics standard to the category.
- 6Custom reports(116) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 5.4Accounts payable(122) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 6Accounts receivable(131) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 6.2Cash management(120) Ratings
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
- 6.3Bank reconciliation(137) Ratings
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
- 5.5Expense management(123) Ratings
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
- 1.8Time tracking(56) Ratings
The software can track billable and non-billable employee time by project.
- 5.3Fixed asset management(53) Ratings
This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.
- 1.4Multi-currency support(23) Ratings
The software supports transactions across multiple currencies.
- 1.5Multi-division support(42) Ratings
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
- 1.7Regulations compliance(38) Ratings
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
- 5.2Electronic tax filing(66) Ratings
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
- 2.6Self-service portal(66) Ratings
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
- 1.4Global Financial Support(16) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 3.5Primary and Secondary Ledgers(35) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 4.9Intercompany Accounting(29) Ratings
Automatically balance and reconcile GL for intercompany transactions
- 4.1Localizations(21) Ratings
Meet reporting requirements with country-specific localizations
- 5.2Journals and Reconciliations(74) Ratings
Automate and synchronize ledgers and processes
- 1.8Enterprise Accounting(25) Ratings
Create accounting for disconnected ERP and non-accounting source systems
- 2.1Configurable Accounting(38) Ratings
Configure accounting rules and segments for each chart of accounts
- 2.9Centralized Rules Framework(24) Ratings
Integrate disparate ERP and transactional systems into single ERP instance
- 4Standardized Processes(48) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 1.3Inventory tracking(45) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 1.2Automatic reordering(22) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 1.3Location management(21) Ratings
The software can track multiple goods across multiple locations.
- 1.3Manufacturing module(17) Ratings
The software helps track and manage raw materials, work-in-progress items, and finished goods.
Order Management
The ability to process orders, and track them from quote to cash.
- 4.7Pricing(55) Ratings
Users can set up complex and unique pricing requirements.
- 4.7Order entry(53) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 2.4Credit card processing(63) Ratings
The software facilitates credit card processing.
- 3.9Cost of goods sold(68) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
- 4.6Order Orchestration(21) Ratings
Define and execute order fulfillment processes for products as well as services on the same order.
- 4.6End-to-end order visibility(20) Ratings
Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics
- 1.2Order exception Resolution(18) Ratings
Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is QuickBooks Online?
QuickBooks Online Integrations
QuickBooks Online Competitors
QuickBooks Online Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Frequently Asked Questions
Comparisons
Compare with
Reviews and Ratings
(1804)Attribute Ratings
- 2.5Likelihood to Renew24 ratings
- 2.1Availability5 ratings
- 1.1Performance4 ratings
- 4.1Usability76 ratings
- 2.2Support Rating68 ratings
- 3Implementation Rating6 ratings
- 10Configurability1 rating
- 1.1Product Scalability2 ratings
- 1.4Ease of integration2 ratings
- 1.1Vendor pre-sale2 ratings
- 1.1Vendor post-sale2 ratings
- 7.4CPA Rating18 ratings
Reviews
(126-150 of 158)QuickBooks Online
- Since it's easy to use, the clients are more inclined to use it.
QuickBooks Online - My Perspective, FWIW
- QBO has increased employee efficiency by allowing users who switch locations frequently to know they're using the most up-to-date version of the file.
- I can serve my clients easier by being able to logon and see what's going on very easily.
QuickBooks online
- Better client service - Ability to solve client issues very quickly
- We do now need to make a more conscious effort to get in front of clients
- QBO has been very positive for our practice and for our clients. By providing real time information to manage small businesses, it helps owners make better decisions and reap more rewards for their efforts!
QuickBooks Online - Keep it Simple
- Saves time from Day 1 - that is always a good thing
- Call wait time can be much improved - customer service can be improved
- Don't have to worry about accounting system/software
QuickBooks Online
- Its significantly different from the desktop version, so there is a bit of a learning curve.
- Don't have to wait for client to send backup file, easier access to make changes, not dependent on client to implement recommended changes
Quickbooks review
- The familiar question that I hear from any new client is "are you familiar with QuickBooks?"
Recommended to all my clients
- Increased efficiency utilizing a cloud based service model
- I can easily retrieve reports online
- The reports are very hard to customize...try to make them more like the regular QB.
Some kinks, but worth looking into
- The Accountant version of QuickBooks Online allows us to see several clients' QB under one login, making it a breeze not to whip out the password manual every time we need to work on someone.
- The ability to direct connect to clients' bank accounts has allowed us to work more efficiently without having to login to bank accounts every five minutes to compare expenses and code.
- We also use Intuit's payroll and can directly export payroll information to our clients' QuickBooks Online without having to sign in or send a file through email to the client. Great for clients who may not understand how to import it or are too busy and usually end up catching up their QB months at a time rather than day to day or week to week upkeep.
User friendly QuickBooks
- It increases employee efficiency.
- It saves on accounting consulting fees.
QuickBooks Online review
- Faster input
- Access anywhere
- Better client relations
QuickBooks Online
- Able to get returns completed sooner since data is much more available. This allows me to spread my work out a bit more, especially during busy times like tax season.
- Being able to be more collaborative with our clients allows us to be more proactive with servicing them.
QuickBooks Online
- Engages clients in their accounting.
- Eliminates them doing their own accounting.
- We collaborate.
QuickBooks is Quick and Easy
- Improved productivity
- Ability to process remotely
- Ability to view at the same time as the client while in different locations - great from a customer service perspective
QBO is great for the average small business owner, requires the patience of accountants, worth getting to know.
- Increased Employee Efficiency
- Better Customer Service
- Real-Time Reporting; Positive Customer Experience/Outcome
QuickBooks Online review
- A shorter time lag for information dissemination from write up and reconciliations to financial statements
QBO the grand daddy in the cloud.
- The new features have reduced my work time on clients.
- The document management features have drastically increased my clients' personal data protection.
QBOA -- It time to make the move.
- Employee efficiency -- we are reviewing clients books everyday versus a set periods such as weekly or end of the month. If we have questions regarding the transaction we can ask the question usually the following day when it is free in the business owners mine rather than several days later.
- We can move from being the recorder of transactions into a more consultative role of helping our clients understand their finances better and sooner.
- Better controls
- Better board oversight
Worked great for me
- It helped me keep track of what was going on in my business.
- It helped me to make sure to pay my employee on time.
- It helped me keep track of when I need to pay my customers and when customers owed me money.
- It's been a big improvement over QuickBooks Desktop.
- Better security and safeguarding of data.
- Better access (not reliant on the QuickBooks host computer).
QuickBooks: Not Bad, Not Great
- While I can not provide hard numbers, I can say that QuickBooks has centralized a once fragmented process, saving time from hopping around various documents and spreadsheets to gather relevant information.
QuickBooks Online User
- Efficiency in work
- Customer service has improved over the last year but still needs some advanced users for Pro Advisors
- Payroll Service needs to be more affordable for Pro Advisors to add to accounting clients programs.
- As a consulting firm, billing is our business and QuickBooks online makes invoicing easy and efficient. Monthly billing is a breeze.
- By partnering with our CPA firm we received a discounted rate for the software which made it very affordable while getting our small business off the ground.