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QuickBooks Online: Easy to use and great for small businesses
May 13, 2021

QuickBooks Online: Easy to use and great for small businesses

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

Overall Satisfaction with QuickBooks Online

We use QuickBooks Online for our accounting/bookkeeping. I am the sole user at my company, but also advise others with their QBO setup and use. I also use QBO Accountant to do bookkeeping for other companies. For me, QBO solves the business problem of easily achieving real-time bookkeeping and reportable financial information.
  • Easy integration with bank accounts.
  • Easy to classify transactions.
  • Easy reporting.
  • PayPal integration doesn’t work anymore.
  • Automated fixed asset depreciation.
  • Automated loan amortization.
  • Reduced time spent on bookkeeping
  • Reduced time to create reports
  • Quicker access to customer books
FreshBooks is trying to do more bookkeeping and accounting, but QuickBooks Online greatly surpasses in terms of functionality and integrations. FreshBooks can easily manage invoices and very basic reporting.

Do you think QuickBooks Online delivers good value for the price?

Yes

Are you happy with QuickBooks Online's feature set?

Yes

Did QuickBooks Online live up to sales and marketing promises?

Yes

Did implementation of QuickBooks Online go as expected?

Yes

Would you buy QuickBooks Online again?

Yes

Very easy to use for what I need. Good bank account integrations for easy bookkeeping and transaction management.
I’ve never had to use their support service.
QuickBooks Online is perfect for small businesses who want an easy-to-use User Interface (UI). It’s very intuitive and easy to learn. You can even send invoices and process payroll on the same system. One area that may be difficult is if you have a lot of fixed assets to manage. There’s a lack of automated useful life/depreciation tracking.

QuickBooks Online Feature Ratings

6.9
Accounts payable
7
Accounts receivable
8
Cash management
7
Bank reconciliation
8
Expense management
8
Time tracking
Not Rated
Fixed asset management
4
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
6
Centralized Rules Framework
7
Standardized Processes
7
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
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
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
7.3
Dashboards
7
Standard reports
8
Custom reports
7
7.0
API for custom integration
Not Rated
Plug-ins
7
8.0
Role-based user permissions
8
Single sign-on capability
Not Rated