About Quickbooks Online

QuickBooks Online enables users to download and reconcile credit card transactions that allows businesses to organize weekly timesheets and track bank deposits.

What is Quickbooks Online?


Quickbooks Online is a web-based accounting software that controls all aspects of the financial side of the business. The software can be used in multiple areas such as bookkeeping, payroll, invoice management, bank reconciliation, expense tracking, financial reporting, tax management, and more.


How do you use Quickbooks Online?


Quickbooks is a web-based system, which can be accessed from any web browser. There are no installations or downloads necessary to use the software. Users can take photos of bills and submit them as expense proofs or share with the concerned stakeholders as well as download and reconcile credit card transactions.


Who uses Quickbooks Online?


Quickbooks Online can be used by freelancers, small businesses, and mid-sized businesses in any industry including restaurant, retail, construction, legal, nonprofit, and more.


How much does Quickbooks Online cost?


Quickbooks Online offers 5 pricing plans to cater to business needs. The plans are subscription based and billed on a per-month rate that can be canceled at any time. Each plan comes with free expert setup. The lowest plan begins at $7.50 per month that is intended for freelancers or self-employed individuals. The simple start plan for small businesses is priced at $12.50 per month that includes invoice management and auto generated tax reports while the essentials plan is priced at $25 per month that includes more users, time tracking, and bill payments. The plus plan is priced at $40 per month and comes with more user seats, inventory tracking and project profitability tracking. The Advanced plan for mid-sized enterprises is priced at $95 per month and comes with 25 seats, on demand training, batch invoices, premium apps, and more.


Does Quickbooks Online have an app?


Quickbooks Online comes with free intuit mobile apps for Android and IOS devices.


Quickbooks Online Software - QuickBooks Online dashboard
Quickbooks Online Software - QuickBooks Online accounting application
Quickbooks Online Software - QuickBooks Online create function
Quickbooks Online Software - QuickBooks Online money bar
Quickbooks Online Software - QuickBooks Online payroll transaction
Quickbooks Online Software - QuickBooks Online mobile app
Quickbooks Online video
Quickbooks Online Software - QuickBooks Online dashboard - thumbnail
Quickbooks Online Software - QuickBooks Online accounting application - thumbnail
Quickbooks Online Software - QuickBooks Online create function - thumbnail
Quickbooks Online Software - QuickBooks Online money bar - thumbnail
Quickbooks Online Software - QuickBooks Online payroll transaction - thumbnail

Quickbooks Online pricing

Quickbooks Online has a free version and offers a free trial.

Starting Price:
Not provided by vendor
Free Version:
Yes
Free trial:
Yes

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Quickbooks Online Reviews for UK Users

Feature rating

Value for Money
4
Functionality
4
Ease of Use
4
Customer Support
4
5 reviews of 4,489 View all reviews
Kurt H.
  • Industry: Marketing & Advertising
  • Company size: 2-10 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
3
Features
5
Ease of Use
4
Customer Support
5

5
Reviewed on 14/03/2021

I Love the Access I have with Quickbooks Online

As I already said, I love the direct access to my numbers and the added reporting that has allowed me to better run my company by quickly getting insights I need. It's a lot easier for customers to pay online and I'm finding more and more of the moving that direction vs. sending in checks, so it's good that we are set up in this way now.

Pros

I started using desktop Quickbooks back in 2000 right after I first started the company. As a single-person company at first, I got used to being in the books almost every day. As we grew we added an in-house Bookkeeper. A few years ago I relocated the company to a different area and we kept our Bookkeeper who stayed in the original area. I really missed having direct access to the numbers so last year I switch to Quickbooks Online and I love it. In addition to having direct access to the numbers I need, it has a lot of other functionality and reporting that I really like. It's also great for clients to easily pay the invoices online. It's making a night and day difference. Support has been great as well.

Cons

It's definitely very expensive to be paying a pretty high fee every month - especially compared to the desktop version where we bought it and were good for years to come. It's definitely worth it but I'd be more of an evangelist if the pricing was a little easier on the pocket book.

Breanna D.
  • Industry: Accounting
  • Company size: 2-10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
2
Ease of Use
4
Customer Support
5

4
Reviewed on 30/07/2021

Best for those not trained in accounting

QBO is great because it allows our clients access to their books any time, anywhere. We are finding this is increasingly important to our clients. It also allows clients to do their own invoicing and receive payments themselves in the same system we are using for their bookkeeping. This product really is the future of bookkeeping.

Pros

Far and away the best feature of this software is that it's cloud based. So many clients want to be able to see their books from anywhere, at any time, on any device. If you are using this for a small business and are not trained in bookkeeping/accounting, this is the easiest bookkeeping software on the market.

Cons

If you are a trained bookkeeper/accountant you will likely be disappointed that it's not as flexible as Sage 50. They payroll module is terrible unless you have simple payroll with no deductions or special pay circumstances. While you can do a journal entry with a supplier name, you can't enter a negative invoice. They've updated with a credit card credit that allows you to enter a negative credit card transaction but it's limited to credit card transactions only.

Alternatives Considered

Sage 50cloud

Reasons for Switching to Quickbooks Online

QBO is far more advanced than the Sage cloud product. My preference would be Sage 50 but because this is cloud based, it's the next best thing.
Erica K.
  • Industry: Architecture & Planning
  • Company size: 11-50 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
1
Features
1
Ease of Use
1
Customer Support
0

1
Reviewed on 02/05/2019

I rarely write bad reviews but Quickbooks Online is over-the-top bad

I am highly disappointed and frustrated with Quickbooks Online after switching after 15 years using Quickbooks Desktop. 1) the transfer from one to the other was fraught with errors that have been far reaching and expensive to resolve 2) QB Online is slow and cumbersome. 3) It is incapable of tracking hours by class which we were counting on 4) the screens are very inefficient with the way space is used which causes the need for extra scrolling and loading (which as I said is very slow) 5) it is way over priced for small businesses 6) every "improvement" seems to be in the form of a new app that one has to pay a lot more for 7) basically they are nickle and diming small businesses to death. After 1 1/2 years with QB online I kept thinking it would improve and there has not been one improvement despite submitting complaints and recommendations for improvement. We have decided that we will switch to another company as soon as we have time to make this transition.

Pros

It is accounting software. That we can use an app to export sales from our online store to Quickbooks.

Cons

Very slow to load pages which is why I am finally bothering to write a review right now because I am trying to enter timesheets and I am waiting for each page to load. This happens all of the time. The interface is not intuitive. There is no class tracking for employee hours which is hampering our ability to run reports and do business planning. Our business was with Quickbooks desktop for 15 years and we were very happy with it. We switched to Quickbooks Online thinking that this was an upgrade but it is a huge down grade plus we are pay much more for the online version. The process of switching was literally catastrophic. Much of our payroll and tax data did not transfer correctly. We spent over 200 hours correcting problems. We would solve one problem only to discover another. These problems also meant that we had unknowingly submitted incorrect tax forms that then had to be amended and submitted. It is 1 1/2 years later and we are still discovering errors that occurred during the switch. Quickbooks Online customer service was not helpful/useful at all when it came to fixing these problems. Additionally, instead of improving the problems with the existing program (the timesheets for example), QB came out with a new time timetracking app (T sheets) that you have to pay a lot of additional money for. At this point it seems like a total rip off for a small business. As the owner, I have had to deal with all of these problems - we are going switch as soon as I have time.

Peter J.
  • Industry: Accounting
  • Company size: 11-50 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
4
Features
4
Ease of Use
4
Customer Support
4

4
Reviewed on 01/07/2021

Using QBO

The benefit we have is that we can work with our clients on their accounts without having to go to their office or for them to drop a laptop into us. This means we can keep an eye on the accounts and provide assistance as and when it is required.

Pros

The interface is easy to use and the software is quick to set up for a new business. The support and help features are very good - this is something that many suppliers fall down on badly. QBO has features for businesses of all sizes so as they grow and analysis of the accounts becomes more important the tools are there, ready and waiting. The recent update of the VAT accounting to handle VAT in Ireland is a game changer. We have been very impressed with the data conversion facility to import records from Quickbooks desktop software to QBO. Finally, being an online product means the software is always up to date, there is a proper back up of the records and 24/7 access to the accounts are all key benefits.

Cons

For a small or new business with no familiarity with accounting the initial interface can be daunting. There are a lot of terms to become familiar with.

Alternatives Considered

Xero and Sage 50cloud

Reasons for Switching to Quickbooks Online

We believe QBO is a good option for larger and growing businesses because of the more sophisticated features it offers over, say, SURF or Big Red Cloud. The fact that Intuit is a very large company gives users comfort in terms of support and future development of the software.
Navine A.
  • Industry: Cosmetics
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
4
Ease of Use
3
Customer Support
3

5
Reviewed on 29/07/2021

Excellent Software if you have help

I had a live hate relationship with quickbooks because while it was easy to use it can get messy quite quickly due incorrect categorization. That changed when I hired a bookkeeper to look over my books on a monthly basis.

Pros

Love quickbooks online well because it is online which means I can do my business from anywhere and anytime.

Relatively easy to set up and has video tutorials. Love that you can set up lots of subcategories which makes comparing information from different categories easy and more meaningful.

Love the new tags feature!!! I wholesale so I can see which wholesale reps are performing the best.

Makes bookkeeping and tax paying easy if everything is setup correctly and accounts are reconciled correctly.

Love the various reports you can pull from it. Profit and loss monthly, quarterly, annually.

Love how easy it is to create invoices and the option to get paid within quickbooks!! No more sending an invoice and then asking for a separate PayPal or square payment.

Cons

Categorizing some income & expenses can be tricky at times which can mess the books up and make you want to tear your hair out.

May Need a quickbooks bookkeeper to keep your books clean or will most likely mess it up.

Alternatives Considered

FreshBooks and Wave Accounting

Reasons for Switching to Quickbooks Online

Wa e was too basic and fresh books was limited in its functions.

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