QuickBooks Online: Easy to use, great for startups
March 05, 2025

QuickBooks Online: Easy to use, great for startups

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

Overall Satisfaction with QuickBooks Online

We use QuickBooks Online for our finances, including our P&L, cash flow, and balance sheet. It is the tool for our financial records, used by our bookkeeper for monthly close and our tax accountants for annual taxes. I use it to pull reports for our board and to track our performance against our forecast.

Pros

  • Easy to use reporting
  • Easy to review expenses
  • Integrates with other systems (like Ramp)

Cons

  • Forecasting tooling could be improved
  • We need to do our revenue recognition with other software
  • Better sense of our finances for forecasting and planning
  • Easy reporting for due diligence with investors
Very usable without a strong finance background

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

Well-suited for straightforward businesses and startups. Revenue recognition requires extra tooling. As the business gets more complicated overall, I've heard we likely need to upgrade to something with more power and functionality like Netstuite

QuickBooks Online Feature Ratings

5.6
Accounts payable
5
Accounts receivable
5
Cash management
5
Bank reconciliation
8
Expense management
5
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
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
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
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated

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