Quickbooks Online

We Run on Quickbooks

Comments: We love Quickbooks!

Pros:

Quickbooks makes it easy to manage the finance operations of our business! We use Quickbooks daily to track expenses, revenue and to invoice our customers! It's easy-to-use and allows us to easily collaborate with our bookkeeper!

Cons:

The only issue we have had is slow processing time for payments! While QB offers fast deposits, it usually takes ours a full 7 business days to process.

Great product for in-house or outsourced bookkeeping

Comments: I use the software every day for hundreds of clients across the country. Intuit is constantly working to improve the app and they are definitely the best company partner I have had.

Pros:

Fast, Secure, Easy to use software with a lot of features.

Cons:

It would be great to set default views of columns / headings on the basic GL report, or Profit & Loss - example to show debit and credit columns separately by default.

GOOD all in one platform, just missed the mark to be GREAT!

Comments: QB Online gets the job done and obviously is the go to in its field, however, with a few small updates this platform could be amazing for all users.

Pros:

Everything is in one place and the integrations are endless.

Cons:

There is no way to send an invoice with a down payment. You must send multiple invoices.

QBO Accountant

Comments: Overall, I am happy with the product. they also have live chat now, and they can call you if you need to talk to someone. Customer service definitely is great improvement over the years. It is big for me because I refuse to work with any software company that I cannot talk to anyone (hint hint Zenefits). And most of the time they get it resolved over the chat. Recommended

Pros:

Love the bank matching function, makes the bank reconciliation 10x better if you do it right. It's very easy to navigate the system, for beginners, it's the easiest system I used so far for them to pick up. Make sure if you set up, you don't use the simple cheapest version if you own a business tho, it's cheaper but the reporting is not as good as essential and above. I have implemented qbo for all my small clients that doesn't need a big system for POs

Cons:

I have mixed feeling about the auto categorization, some bookkeepers gets lazy and thinks it's correct and just click add, which half of the time can be wrong especially when it comes to use project and classes. it's a great function to make our lives easier, but also makes people lazier. I made sure to train my employees to not get lazy and check every transaction

Overall The Best On The Market

Pros:

I very much like the invoicing features and the ease of integration with other apps and software that I use within my business. Overall it is the most robust accounting software option available and having an accountant account gives me ALL the features which I very much appreciate. Their customer service has also been top-notch during every interaction I've had to call or email.

Cons:

I feel that the reporting features could be more robust. Additionally, I think the accountant-user side has some features that are lacking from a business-owner perspective. It also happens to be the mostly costly option on the market.