Simple and easy to use from anywhere!
November 27, 2024

Simple and easy to use from anywhere!

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

Overall Satisfaction with QuickBooks Online

QuickBooks Online is used within our organization for our cash management, internal reporting, receivable reconciliations and all general accounting needs. It links directly to our bank and credit card information. The program provides an ease of access from any device and ensures that all of our accounts are easily updated on a daily basis.

Pros

  • Bank Reconciliations
  • Accounts Payable and Receivable Reporting
  • Chart of Accounts

Cons

  • Purchase Orders cannot be linked to multiple bill payments which makes tracking purchase orders in QuickBooks Online obsolete. Without the function we have to track this within a different more manual spreadsheet.
  • Would be helpful if you could "split" bank transactions directly from the "review" downloads from the bank. Currently, to split transactions to multiple accounts we need to first categorize, then review after assigning to 1 account.
  • Saves time when creating month end reports
  • Ease of access to share information with External Accounts. Saving time of having to download all required information.
  • Cloud based functions allows to add attachments and keep all backup in one place. This in turn makes it easy if ever required to gather information for audit purposes.
  • Reminders for Tax payments are extremely helpful to ensure payments are made on time and no late fees are incurred.
Whether you're a novice at accounting, or someone with experience, the software is easy to use for all persons within the organization. The simplified dashboard, auto download from your bank, standard reports etc. can be used by any individual regardless of their accounting expertise. Also, from the standpoint of an accountant, you can create multiple easy to download reports and customizations for simple month end or year end reporting.
As a freelance bookkeeper, the Desktop version of QuickBooks Online doesn't allow for ease of access from any device. Having to be on a computer with the software downloaded creates additional work to gain access to all required filings etc. Also, I personally find the linking functionality on the Online version to be much more streamlined and user friendly.

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

Working with multiple organizations QuickBooks Online creates an easy to use environment from any device anywhere. For small to medium sized businesses the functionality is quick to learn and creates seamless reconciliations and general reports which can be used for external stakeholders as needed. Also allows for ease for printing cheques, matching payments and ensuring that all your Accounts Payables and Receivables are up to date in a timely and easy to use manner.

QuickBooks Online Feature Ratings

9.9
Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
Not Rated
Fixed asset management
10
Multi-currency support
Not Rated
Multi-division support
10
Regulations compliance
10
Electronic tax filing
10
Self-service portal
10
Global Financial Support
10
Primary and Secondary Ledgers
10
Intercompany Accounting
10
Localizations
10
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
9
Centralized Rules Framework
9
Standardized Processes
10
10.0
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
10
Manufacturing module
Not Rated
10.0
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
10
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
5.0
Pay calculation
5
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
9.0
Dashboards
9
Standard reports
10
Custom reports
8
8.0
API for custom integration
8
Plug-ins
Not Rated
10.0
Role-based user permissions
10
Single sign-on capability
10

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