Quickbooks online will keep you organized and saving money at tax time
December 14, 2018
Quickbooks online will keep you organized and saving money at tax time
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with QuickBooks Online
For our real estate business, we use quickbooks to solve a number of problems. We use it to pay vendors and utilities (where applicable), receive payments from tenants, reporting, tracking expenses, and tax prep. It has been used by the business as a whole, as well as by individual salespeople to track client related expenses.
- Expense reporting. There are several reporting options making this a breeze to produce
- Scheduling bill pay to various vendors
- Tax preparation and getting ready to file.
- Collaboration. I would like multiple members of our team to be able to collaborate better. I have difficulty sometimes tracking what was done by whom at a user level.
- Making user permissions easier to manage. Setting security options between users. The features may be there but it is not as intuitive to set certain access permissions and differentiate between users as I would like.
- Integration into Outlook calendars would be a nice add-on for payment reminders. These are setup and scheduled for payment automatically through the app, but a reminder on my personal calendar would be a nice add on. It may even be available but I am not aware of it.
- Implementing QB saved us lots of money that would have otherwise went to an accountant for tax prep. QB does a lot of the work for us, saving time with the accountant, prep for accountant meetings, and lots of time and money to prepare a return
- This saved us time and money on checks, envelopes, stamps and LATE FEES!
- Record keeping and reporting are 2 invaluable features QB Online does really well.
I would not be the right person to comment on this, as my involvement was limited to QB online usage.
QuickBooks Online Feature Ratings
Using QuickBooks Online
4 - Salespeople
Administrative / Accounts Receivable and Payable
Administrative / Accounts Receivable and Payable
Using QuickBooks Online
Pros | Cons |
---|---|
Like to use Relatively simple Easy to use Well integrated Consistent Convenient Feel confident using | None |
- Adding Invoices
- Adding Receipts and Payments
- Scheduling payments
- Adding in Payroll (couldn't figure this out)
Yes, but I don't use it