Excellent Basic Accounting Platform
December 10, 2018

Excellent Basic Accounting Platform

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

Overall Satisfaction with QuickBooks Online

QuickBooks Online is used throughout the organization. It covers all basic accounting needs for small and mid-sized businesses and nonprofits. It enables us to produce invoices, receive payments, pay vendors, and more all from the program. There are good security features to enable tiered access for various staff and departments.


Pros

  • Recent fixes to glitches
  • Chart of accounts is relatively easy to set up and manage
  • Invoicing is super easy to use

Cons

  • Inventory feature is not user-friendly
  • Fund accounting can be clunky
  • Custom reports are not intuitive
  • Reduced our time spent on basic functions
Quickbooks Online is an excellent option for small or medium sized businesses with basic accounting needs. The payroll and accounts payable features are relatively easy to use. It's not as streamlined and easy to use as some of the newer software but is generally easy to use for most basic tasks.

For nonprofits, it could build out its functionality. It also is not the best for very complex organizations who need multiple dimensions such as project and region.

QuickBooks Online Feature Ratings

Accounts payable
Not Rated
Accounts receivable
Not Rated
Cash management
Not Rated
Bank reconciliation
Not Rated
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
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
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
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
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

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