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QuickBooks Online makes bookkeeping easy for small business owners!
January 31, 2020

QuickBooks Online makes bookkeeping easy for small business owners!

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

Overall Satisfaction with QuickBooks Online

My whole organization uses QuickBooks. It makes daily bookkeeping tasks very simple and allows me to streamline quarterly billing processes for my clients. It also creates a secure way for me to share information with my bookkeeper and provides immediate access to reports such as P&L, Balance Sheet, Overdue Invoices, etc.
  • Streamline quarterly billing. By creating a recurring sales receipt that goes out to my clients, it saves me time each quarter by not having to manually push them through.
  • The secure portal (attachments) enables me to quickly upload monthly credit card and bank account statements to my bookkeeper for reconciliation purposes.
  • Mobile access seems confusing at times due to a slightly different interface on the mobile app compared to the online version.
  • ACH and credit card process fees, while norm for the industry, seem like they should be reduced given the overall size of the QuickBooks organization.
  • Allows me to streamline quarterly billing by pushing through automatic sales receipts. This was done in a manual process prior to our company using QB. This probably saves 2-3 hours per quarter.
  • Uploading statements for my bookkeeper through QB enables me to securely share information. Prior to QB, I would email by bookkeeper with password protected documents. This saves me an hour a month.
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QuickBooks is great for a small business looking for an efficient bookkeeping platform. I push through about 50 recurring invoices each quarter and it provides an easy way to automatically generate those and update them, if needed. It also makes it easy to receive ACH payments if I choose to do so. I do not think it would be a great platform for a large organization that requires advanced bookkeeping and/or accounting.

QuickBooks Online Feature Ratings

8.0
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
8
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
8
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
5.0
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
5
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
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
7.7
Dashboards
6
Standard reports
7
Custom reports
10
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