QuickBooks Online is, by far, the best accounting solution available.
March 23, 2020

QuickBooks Online is, by far, the best accounting solution available.

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

Overall Satisfaction with QuickBooks Online

QuickBooks Online is used by our finance department to manage our inventory and bookkeeping. Additionally, our CPA has access to it. QuickBooks Online makes it easy for multiple people to access our account information and update items simultaneously without having to worry about manually backing up our books on a regular basis. If anything were to ever happen to our facility, our accounting information is backed up to the cloud and accessible from anywhere in the world, which is a HUGE for us.
  • QuickBooks Online makes it very easy to run basic financial reports.
  • QuickBooks Online integrates with all major banks, making adding transactions quick and easy.
  • QuickBooks Online is cloud based, which means you can access your financial data from anywhere in the world with internet access.
  • First-time set-up with QuickBooks Online isn't difficult, but it would be helpful if they provided tips/advice for those who may be moving from another platform.
  • QuickBooks Online likes to push their other services, for example using their system to accept payments. I wish there were a way to opt out of seeing certain options that you choose not to use.
  • Getting help from an actual QuickBooks Online support member is difficult. Often times if you post a question online, the answer provided doesn't actually answer or address your question and the issue is closed before you're able to elaborate more.
  • Saves us time because we are able to automatically import transactions.
  • Saves us money because it is more affordable that other solutions that are also more complicated.
QuickBooks Online is far superior to other cloud-based accounting solutions. We've used other accounting software that is buggy, more complicated to use, doesn't have as many features, and takes 3-5x the amount of time to handle tasks that QuickBooks makes easy. Additionally, the pricing is affordable and you can access your bookkeeping from anywhere at anytime where others can only be accessed locally.
I would highly recommend QuickBooks because it is currently the best accounting software available that is also cloud-based. QuickBooks Online is well suited for businesses that are primarily e-commerce based and/or for businesses that have work-from-home or remote employees. Because it can automatically import transactions, not only with your bank, but also with larger online marketplace/website platforms, it makes it easy to use.

QuickBooks Online Feature Ratings

Accounts payable
9
Accounts receivable
8
Cash management
10
Bank reconciliation
9
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
9
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
Role-based user permissions
8
Single sign-on capability
Not Rated