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QuickBooks Online

QuickBooks Online

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.

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Recent Reviews
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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

View all 44 features
  • Bank reconciliation (137)
    6.3
    63%
  • Accounts receivable (131)
    6.0
    60%
  • Standard reports (128)
    5.4
    54%
  • Dashboards (124)
    4.7
    47%

Reviewer Pros & Cons

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Pricing

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Self-Employed

$15

Cloud
per month

Simple Start

$25

Cloud
per month

Plus

$75

Cloud
per month

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services
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Product Demos

QuickBooks Online Demo | CAN

YouTube
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Features

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

3.1
Avg 7.5

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

2.6
Avg 7.0

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.

3.7
Avg 7.9

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

5.4
Avg 7.6

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

3.8
Avg 7.4

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

1.3
Avg 7.0

Order Management

The ability to process orders, and track them from quote to cash.

3.7
Avg 7.4
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Product Details

What is QuickBooks Online?

QuickBooks Online is a SaaS verison of the QuickBooks product. It contains all of the features found in the local version, features typical of similarly priced accounting software. The monthly fee for this service starts at $10 and climbs to $30 with the Plus version, which has the richest features. The base level allows for unlimited invoices and estimates, expense tracking, importing from Excel or Quickbooks desktop, data backup, mobile accessibility, and integration with many other applications. The Essentials pricing plan contain more automation, more bill and payment management, as well as inventory and time tracking, and the Plus package contains budgeting and analytic features.

QuickBooks Online Competitors

QuickBooks Online Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

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.

Priority AccountEdge, FreshBooks, and Zoho Books are common alternatives for QuickBooks Online.

Reviewers rate Bank reconciliation highest, with a score of 6.3.

The most common users of QuickBooks Online are from Small Businesses (1-50 employees).
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Comparisons

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Reviews and Ratings

(1805)

Attribute Ratings

Reviews

(26-50 of 158)
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Charles Fashana, MBA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • Centralized the accounting function.
  • Consistent experience for invoicing clients and payments to vendors.
  • Improved sightline on income per customer, income per product/service.
  • Streamlined and improved cycle times for AR/AP.
  • Better reporting across all core areas of the business.
Lukas Sundahl, MBA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • The invoicing feature has made generating and sending invoices a more streamlined process.
  • The bank reconciliation feature allows me to quickly reconcile transactions and has freed up a lot of time.
  • QuickBooks Online has helped me generate financials in a more efficient and cost effective manner.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Our customers like having invoices and payment receipts emailed to them. It helps them with their own personal records.
  • We have reduced the number of overdue invoices simply by sending out payment reminders to customers each month.
  • Our Finance Committee loves the PNL reports that we give them from QuickBooks reporting tools.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • QuickBooks Online costs very little yet is very powerful, especially when you integrate other specialized products into it.
  • QuickBooks Online is a solid general ledger system with decent reporting capabilities.
  • I feel people think "simple, very basic, not truly an accounting software" when in actuality it is perfect for SMBs.
  • [It's] flexible and adaptable and easy to use.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • Providing us with reports we didn't have access to
  • We can easily split financials such as payroll to track & see amounts per location
  • Within the software, we can grant access to our CPA who can then help reconcile & do their work
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • QuickBooks Online definitely saves me time when preparing our strategic plan.
  • QuickBooks Online also saves our bookkeeper time from having to manually enter banking activity.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Overall, QuickBooks Online is a great investment for the company of our size (small software startup).
  • QuickBooks Online supports all the key functions of our company's accounting team.
  • QuickBooks Online definitely made the life of our accounting team much easier which let us focus on more important issues outside of bookkeeping.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • The training of new personnel is extensive but valuable in the medium term.
  • This platform requires that people be trained with it prior to its use.
  • In Mexico it is not yet one of the big players in the market, so it is not frequent to hire people with prior knowledge. This is a factor to consider.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • My clients are small business owners and startup companies. The low entry-price for the subscription has allowed them to allocate their resources to growing their business.
  • The cloud computing has allowed me to work on my client's accounting from my laptop and I'm no longer required to go to my client's site to work on their accounting
  • As a QuickBooks Certified Professional, I'm able to offer my clients discounted QuickBooks Online subscription at a lower price which has helped me keep my clients
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • We were previously using NetSuite which cost us at least 10x more annually to operate
  • Instead of using an all-in-one system (NetSuite), by using QBO for accounting, we were able to get better, less expensive business applications for less overall cost and better functionality
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