Quickbooks Online: Great for Smaller Businesses with Outside Accounting
August 30, 2019

Quickbooks Online: Great for Smaller Businesses with Outside Accounting

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

Overall Satisfaction with QuickBooks Online

Quickbooks Online was used for our customers who wanted a smoother cloud-based experience where we were able to manage and review their financials in real-time. Quickbooks online allowed us to be more hands-on and provide support quicker than our Quickbooks desktop clients, even those using remote servers. The ease of access was a huge benefit of QBO. We suggested QBO to all clients who we thought could benefit from it, taking into consideration the size of their business and needs.
  • Cloud-Based Accounting
  • Simple and Straightforward UI
  • Quick Response Time
  • Cleaning up outdated reports is time-consuming
  • Exporting Reports to Excel/PDF has been troublesome a fair number of times
  • Audit log could be more transparent
  • Quick time-efficient response to accounting inquiries.
  • Audit log to track client actions.
  • Straightforward representation of financials.
Quickbooks Online made more sense for our clients who had smaller businesses and required more hands-on accounting help. The ability to access this cloud-based accounting software from our office and respond to needs quickly was a huge benefit and advantage over Quickbooks Enterprise/Desktop versions.
Quickbooks online is great for smaller businesses who have multiple users logging in from different sources. Quickbooks Online was much easier to use than Quickbooks Desktop for a remote server. I would say QBO is less appropriate for businesses of a larger scale, or if the accounting is more complex with payroll, more-detailed accounting software may be stronger.

QuickBooks Online Feature Ratings

Accounts payable
8
Accounts receivable
8
Cash management
8
Bank reconciliation
10
Expense management
6
Time tracking
4
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
8
Intercompany Accounting
6
Localizations
Not Rated
Journals and Reconciliations
8
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
7
Benefit plan administration
7
Direct deposit files
7
Salary revision and increment management
7
Reimbursement management
7
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