Quickbooks Online

Excellent online software

Comments: I am very happy with this product. I use it for bookkeeping and my accountant reviews my entries at regular intervals.

Pros:

It is easy to use and you can't do anything wrong. I am using this program for 4-5 years and never had any technical issues. Reporting is straightforward and I can see my financial situation at any time.

Cons:

I am a happy QuickBooks user and have nothing negative to report.

Quickbooks Online

Comments: We are maintaining all of our accounts record in Quickbooks online , From staff ledgers , Accounts receivables, accounts Payable.It is pretty good software overall for small medium enterprises.

Pros:

The interface is user friendly, web based can be accessed from anywhere , there are few apps can be integrated (it has its own pros and cons however it was time saving invoicing part but if you make some changes it would not communicate properly

Cons:

Multicurrency options while receiving payment it is very difficult if base currency of client is different from the currency payment has been received it would not accept it we have to use Journal entry and control Account to record the receipt after recording this the currency rates is being taken from invoice and not from receipt.

Favours Customers Committing Fraud

Pros:

We are a motel. We took a payment by using the quickbooks card processing option. The customer without cause decided to request a chargeback from the bank, presumably indicating that they didnt recognize the charge on their account. Quickbooks paid out and fined us $25 for costs. We received an email with suggestions for reducing the chances of this occurring - This was useless. The customer signed a registration document. We verified her ID and we have her on video in the reception. Yet she still got a full refund and we get dinged with fees for the courtesy of her staying here for free. Your system supports criminals.

Pretty decent accounting software with a good price point

Comments: I use Quickbooks on a daily basis for invoicing clients, bank reconcilliation as well as looking at the various reports. I have customised the reports to show the time period and categories that are useful for our business.

Pros:

Intergrates with other accountantss practice software seemlessly. Easy to set up and get started.

Cons:

You can not create a credit note from an invoice which would be useful instead you need to start from a blank document and type in the invoice information.

The top-rated accounting program for SMBs!

Comments: Since I'm also an accountant and bookkeeper for a few other small firms, I use it for their payroll and financial records as well. Regularly, I utilize the whole software for my company's payroll, time tracking, and accounting needs. To streamline accounting, I recommend that all of my customers switch to QuickBooks.

Pros:

All of our financial records, including bookkeeping, accounting, payroll, and budgeting, are maintained in QuickBooks Online. The program's principal user is me, but I've also sent copies to the company's grant writer, accountant, treasurer, and auditor.

Cons:

Cleaning up the books is a fantastic idea in theory, but the execution fell well short of expectations. It would have been better if they had questioned my role in the organization more thoroughly before making the changes.