QuickBooks Reviews

Pros
Online accessibility - can work anywhere with an internet connection. Linking to bank and credit card accounts is handy. Linking to Bill.com and Expensify are also easy.

Cons
As a controller and an accountant consultant on the side, I would recommend the online version to small businesses with fewer than 5-10 employees and revenues under $1 million that have very few transactions. For companies that have multiple approval layers and AP invoices, you would need an add on app like Bill.com to handle. We use Expensify and Bill.com to handle expense reporting and AP. QuickBooks Enterprise edition would be a better fit for companies with more than a million in sales and more than 10 employees, but costs can add up on that platform. -Approval levels are very broad. If I want to allow someone to add classes, I have to give them access to banking and reports that are only for partners to see. Further a la carte customization for permissions would certainly be handy. -Speed - even with high speed internet, processing multiple AP invoices is very slow compared to the desktop counterpart. -Accounting integration - when allowing accountants access to the company file, downloading the GL needs to go to excel. If the GL is large, it may exceed the line limit for Excel. -Some reports are unable to use the custom fields. This creates problems when the custom fields are critical. in our case, we can't run a report of payments received that includes project numbers. In order to get that report, I need to use Zapier to extract payments as they come in and send them to a google sheet. So the only listing I have for payments listed with our custom fields is in Google sheets!

Rating breakdown

Likelihood to recommend: 8/10

Pros
it keep track of your income and expenses by simply attaching your bank account. almost does your tax return. lol save a lot of time doing your data entry thus cost effective, no need for a special person to enter all your receipts etc keep correct info on all money related transaction and balance your check book , can keep your spending and saving on check. I can make adjustments by just looking at my balance sheet. almost cool for idiots to use. :) perfect

Cons
if i made a mistake and had to go hunting for the problem, but i can just call up support and let them know ( how stupid i was ) and they just fix it. so not really a con. for invoicing however , can take a little polishing up especially if i am doing an estimate and need to send it out, i must be extra cautious.

Rating breakdown

Likelihood to recommend: 10/10

Pros
The team behind QBOA is constantly listening and improving the product. It makes my life so much easier to have all my clients int he same place. I can schedule my own work with reminders and to-do list for both me and my clients. The added feature of having my clients files at a click of a button in priceless. I also appreciate the ability to add non-QBO clients now.

Cons
Sometimes the interface and/or the links don't work for the training and ProAdvisor page. These don't have anything to do with the client files just resources for me but it can be annoying at times. I also have my doubts the info regarding the profile views and leads from prospective clients is accurate.

Rating breakdown

Likelihood to recommend: 10/10

Pros
Very easy to use! It tracks everything we needed for our two companies (transportation / warehouse logistics and commercial equipment repair). Seamless for reconciling credit cards and bank accounts, easy general journal entries (year end, interest adjustments, etc), progress invoicing and job costing.

Cons
After a couple years of use and many transactions, the file becomes unreliable. Customer support said we need to start a new company file each year to avoid broken data (spent many hours on the phone with support multiple times)

Rating breakdown

Likelihood to recommend: 8/10

Pros
After having a bad experience with Account Edge, we decided to turn to Quickbooks for a refreshing, good system that we could rely on. After using it for sometime, it's been probably the best accounting/payroll/invoicing/estimating program we've had so far. Everything is very simple, user-friendly and not too technical.

Cons
One issue we've had with the program has been, trying to give access to new users is a very hard task to come across. As simple as it sounds, we still haven't managed to get a new user linked to our account to do more work. I've been sharing my ADMIN account which is not advised because not everybody should have the same access.

Rating breakdown

Likelihood to recommend: 10/10

Pros
I love the connectivity that QB has with other 3rd party applications that I use. I love the ability to see my clients and their balances with ease. I love the reports that you can build with QB. I also love that you can have separate users with separate access to the application.

Cons
Sometimes installation is a bit of a challenge. Setting up some of the features can be a hassle that requires contacting support and having them control my machine to fix the errors. I don't like that there is a new version every year because I get comfortable with the version that I have then something changes.

Rating breakdown

Likelihood to recommend: 9/10

Pros
This software is VERY easy to use and navigate. The data input screens are very clear, concise and flexible. I think the flexibility of this software is my favorite thing about it. I also love that I can toggle and use other industry specific versions of QuickBooks. This is an AWESOME feature.

Cons
I guess the only thing I am not loving is the need for a complex password for every client. This is quite cumbersome and a relatively new requirement that I am less than pleased with. As an accountant, I will use QB for several clients every day. To enter a password every time is a pain.

Rating breakdown

Likelihood to recommend: 10/10

Pros
Reporting functionality Bank feeds, a specific model for QB. Full specced and lots of apps.

Cons
Not always quite clear where various functions are located.

Rating breakdown

Likelihood to recommend: 9/10

Pros
What isn't to like? No matter if someone is a seasoned accountant, or a person new to accounting just starting their business, Quickbooks is very intuitive. Yes there are competitors, even free ones, but they do not compare to the functionality offered in this program. Best program and most intuitive accounting program I've ever used, hands down.

Cons
The only thing that I'm not fond of is the high cost of the online version as each separate company requires a different subscription which can get expensive. With that said, however, it is a fantastic program.

Rating breakdown

Likelihood to recommend: 10/10

Pros
As usual Quickbooks met all the expectations

Cons
Withe 2019 version I had some problems at the time to print the bank reconciliations

Rating breakdown

Likelihood to recommend: 10/10

Pros
Quickbooks is a robust system that can support a lot of different types of business. I used the desktop version for many years, and for the past 3 years have used the subscription service. The SaaS version is a big upgrade, but it still has a lot of issues. I do really like the ability to link to my bank account and automatically sort transactions. This has saved me a lot of time.

Cons
The main issues with Quickbooks seem to stem for a lack of leadership around product decisions. They support many different types of the software, and this makes it next to impossible to integrate with Quickbooks. Legacy issues have plagued the ability to integrate software with Quickbooks and this has had a real impact on users. The most common issue is duplicate imports of banking transactions. I have wasted a lot of time trying to identify duplicates created by the system instead of true purchases.

Rating breakdown

Likelihood to recommend: 5/10

Pros
Quickbooks, allows you to save a lot of time, money and effort, while minimizing the chances of error in the tasks that have to do with this specific area. It is very efficient and easy to use and install. It's all you need to keep your accounting up to date.

Cons
This software is very complete, you do not need to be an IT expert to install or use it. There is not something that you really do not like.

Rating breakdown

Likelihood to recommend: 10/10

Pros
Generally easy functionality. While an online version seems great, a desktop version means access everywhere. For someone running a mobile business, it's important to have that real-time information handy.

Cons
Features that are on the PC version and not on the Mac version. For instance, payroll is online for the Mac version and you don't see payroll paychecks as you can on PC. This is a very disappointing fact, since there is really no difference in platform that Intuit can't fix that

Rating breakdown

Likelihood to recommend: 7/10

Pros
Have been using quickbooks for quite some time now as I am a small business accountant, it is amazing for book-keeping, no other application comes close even by a margin. An essential for book-keepers or even if you want to keep track of sales, invoices, cost analysis in a small-business setting.

Cons
On the expensive side, quickbooks online is lacking and not being able to hit the "enter" key severely impacts workflow, but non-the-less a solid bulletproof app.

Rating breakdown

Likelihood to recommend: 9/10

Pros
QB Accountant allows us to open client QB files and work with them easily. It can deal with industry versions and older QB versions as well.

Cons
QB isn't always intuitive, and people get themselves in trouble by guessing about how transactions should be booked. Ultimately, it does what you tell it, and that can be good or bad. Sometimes, it's smarter than you think it should be, and makes adjustments that are unexpected, even if technically correct.

Rating breakdown

Pros
You can use multiple companies with one license. It is relatively easy to switch from company to company. It's free to down load transactions from your bank account. Much cheaper, onetime purchase.

Cons
Downloading transactions from your bank account doesn't match up super accurately, especially if you have a lot of open invoices. It can be a little clunky to get around. Looking at what transactions have matched to downloaded transactions isn't possible, as far as I can tell. Reports aren't as easy to use as the online version.

Rating breakdown

Likelihood to recommend: 7/10

Pros
I'm clueless when it comes to keeping our books and so the ease of use in QBO is really helpful. If I don't know what to do, I can find an article to tell me how or get someone from their tech staff on the phone to help. It's easy for accountants to log into our account too once we grant them access. I like the ease of processing payments, invoices, and receipts, as well as running reports on how we're doing. Quickbooks online a lot better than the offline version of the software.

Cons
Some features need some accounting knowledge, I will say. Mainly if you don't know how to file a charge or something it doesn't tell you waht to do, but once you know (or learn from the CPA) the features are easy to use in the program.

Rating breakdown

Likelihood to recommend: 10/10

Pros
It provides a tool to manage a business for your clients as well as your own firm. It is always adding improvements to the software. Now it is on line which resolves a lot of issues with security due to the security that QuickBooks Accountant

Cons
Sometime the mange of a unique accounting issue but in the end quickBooks Accountant come through with a resolution.

Rating breakdown

Likelihood to recommend: 10/10

Pros
As a small nonprofit, the ability to collaborate with our contracted accountant, auditor, and board treasurer virtually has been incredible. This central access for many of us has transformed our accounting practices including our payroll.

Cons
It was a little difficult at first to set up payroll tax payment processing but once we figured it out with customer service, it's been smooth sailing.

Rating breakdown

Likelihood to recommend: 9/10

Pros
Quickbooks is great for small businesses. I used this at a construction company business and at a dental sleep medicine office. We did not use their payroll feature. I really liked that it was always up to date and saving your work constantly.

Cons
It can be a complex software to use. I felt very overwhelmed at first due to all of the detail in the software.

Rating breakdown

Likelihood to recommend: 6/10

Pros
Easy to install, efficient from the report standpoint, friendly user, integrates with third party apps, diversity of versions allowing to select and adapt features to the business needs from a General business perspective to an specialized business field whole sale distribution. For small business is cost affordable gets complex with large scale environments

Cons
It has limitations for large company or enterprises that can be handled using Quick Books Platinum / Enterprise the company files can get corrupted if the solution is not well set up as a multi-user access to company files that needs to be share or used in large scale. The TCO can raise up the budget bar.

Rating breakdown

Likelihood to recommend: 9/10

Pros
It is VERY easy to use. The interface is simple, and if you have experience with Quicken, Lacerte, or any other Intuit product, it makes it even simpler. Clean reports, good level of customization.

Cons
The biggest drawback for me is that you cannot perform consolidations of various entities using QuickBooks. This limits its use to a 1-company platform.

Rating breakdown

Likelihood to recommend: 8/10

Pros
Can take care of payroll Can automatically calculate payroll tax and send payment to IRS. Can Print out checks Will sync with Bank and credit cards

Cons
If you want to really dive into your finances quickbooks will only ever really cover the basics. I used this as a treasurer for a Small House Rehab company. We used this for the basic finances and IRS related things. But when it came to getting fancy we used Excel and some other programs. I don't think Quickbooks Reports are all the impressive either.

Rating breakdown

Likelihood to recommend: 6/10

Pros
The site is easy to navigate and makes transactions easy. Easy to understand and it’s not hard to add or remove a refund

Cons
I don’t like that it saves the persons credit card information. If you’re not careful, the person prior to the next credit card info is saved and will be charged and not the new person info.

Rating breakdown

Likelihood to recommend: 10/10

Pros
I like working online and in Chrome browser tabs. This allows me to have any number of screens available at a time.

Cons
The thing that makes it convenient (online) also makes it susceptible to going down with the internet.

Rating breakdown

Likelihood to recommend: 10/10