A truly quicker alternative to manual bookkeeping
December 11, 2019

A truly quicker alternative to manual bookkeeping

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

Overall Satisfaction with QuickBooks Online

I'm using it to manage all financial aspects of my small business. Both my accountant and I use it. We use it for client invoicing, bookkeeping, sales analysis and projections, and managing recurring contracts.
  • Ease of use/gamification.
  • Syncing with bank accounts and PayPal.
  • Some menu items are tricky to find/not as intuitive as I'd like.
  • My accountant has mentioned that QB sometimes makes changes to its service agreements/pricing that can be a pain for her when managing her accounting business.
  • Sped up my bookkeeping process.
  • Improved accuracy - Gives any authorized user instant access to the most recent data.
I use Quickbooks Online because it's what my accountant uses. It's very similar to QuickBooks Self-Employed, which is also a great, intuitive product.
I've only ever used QuickBooks Online to manage a small business with a handful of clients, but I can imagine it being useful for mass-market companies too with all of its automation and capabilities. It's really great at detecting and categorizing my business expenses, and its recurring invoice feature is great for my long-term client contracts.

QuickBooks Online Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
10
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
10
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
10
Standard reports
10
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