QuickBooks Online - Easy, Straightforward
April 04, 2015

QuickBooks Online - Easy, Straightforward

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Online

We use QuickBooks Online for accounting and printing checks. As a small agency, staff members wear many hats. The online version is intuitive to use, and the reporting functions are particularly helpful. I would recommend it as a tool to assist in building capacity. It also makes audits easier. The budget vs. actuals is helpful in particular. It's good for payroll and reminds you when it's time to pay taxes and employees. The only drawbacks are that it doesn't allow for cash flow analysis, and it charges extra for some of the advanced options.
  • Payroll and reminding you when it's time to file various taxes, setting up payroll is easy too.
  • Easy to navigate chart of accounts.
  • Really love the reports, in particular the budget versus actuals which helps our board to get a handle on the finances easily. Makes financial reporting easier.
  • Online access can be limited to certain functions; great for audits.
  • Don't charge extra for certain functions, e.g. direct deposit.
  • Make it possible to print payroll checks using electronic checks (3 per page).
  • Develop cash flow planning tool.
I covered this before - I think the biggest area for improvement is the cash flow analysis. But I really love the other functions, especially the P&L, Balance Sheet, & Budget VS Actuals - all interactive so you can examine each line item by record. QuickBooks might do more to help people understand reporting requirements more fully when setting up the vendors, and in other areas. Overall, great product. Easy to use.

QuickBooks Online Feature Ratings

Accounts payable
Not Rated
Accounts receivable
3
Cash management
1
Bank reconciliation
8
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Pay calculation
8
Benefit plan administration
4
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
7
Standard reports
9
Custom reports
8
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated