Intuit Quickbooks Online review ,pros & cons , AlternativeUncategorized

Intuit Quickbooks Online review | pros & cons | Alternative

If there is one accounting software, which is most popular on the earth & loved by small & medium business, its Intuit Quickbooks. There are two most important requirements for startups & small businesses, easy to use & affordability. Quickbooks fits the bill perfectly. Accounting, if not handled properly, become severely unmanageable. It simply make your accounting job easier Let’s have a look on various aspects, pricing, pros & cons, alternative & competition of Intuit Quickbooks.

Review of Intuit Quickbooks

Outline

  1. What is Intuit Quickbooks?
  2. What you can do with Quickbooks?
  3. Intuit Quickbooks pricing
  4. Quickbooks Pros & Cons
  5. Intuit Quickbooks Ratings & Reviews at various platforms

What is Intuit Quickbooks?

Intuit Quickbooks is an accounting software, most suitable for small businesses and startups.

Quickbooks software provides the satellite view of your finances, income, liabilities and help you to manage and plan the resources well in advance. Quickbooks reports provides you instant insights of your business and help businesses improves profitability. It also guides you where cost needs to be controlled.


What you can do with Quickbooks?

Quickbook can do things as mentioned below

  • Track income & expenses
  • Capture & organize receipts
  • Maximize tax deductions
  • Invoice & accept payments
  • Run advanced reports
  • Send estimates
  • Track sales & sales tax
  • Manage & pay bills
  • Track time
  • Multiple users (as per chosen plan)
  • Track project profitability
  • NEWTrack inventory
  • Smart reporting
  • Accelerated invoicing
  • Custom user permissions
  • Premium care with Priority Circle

Features & functionality varies with the plans. Check plan detail for the functionality, you want with it.


Intuit Quickbooks pricing

Botkeeper has specifically designed packages for needs of startups, small & medium businesses, enterprises. Moreover, they have custom packages for your specific needs.

Its plan start with freelancers & can go upto startups, small & medium business. Fits into every business requirement.


DIY Plans

Quickbooks with DIY plans is very useful for small businesses, non-government organisations, sole proprietors, partnerships, LLCs, corporations and other type of small organisations.

Plan name Price/monthRemarks
Self-employed$5
Simple Start$10– It’s free, but only if you have Quickbook subscription.
– Upto 2 hrs per month
– It’s on cash basis only, basic type bookkeeping
Essentials$20– Upto 4 hrs per month
Plus$35– Upto 8 hrs per month
– Cash or accrual, along with additional services
Advanced$75– Upto 18 hrs per month
– Cash or accrual, along with additional services

Quickbooks with live partner

Quickbooks live partner plan comes in 4 separate plans – $410, $420, $435, $475. Your Quickbooks partner or bookkeeper helps you in setup customization, categorization & reconciliation of transactions, providing monthly reports, helps in ensuring the accuracy and closing the books.

It is most suitable for you if you need somebody specialist, who can work with you in handling accounts.


Quickbooks Online

Quickbooks Online pricing comes in three plans as mentioned above in DIY plans.

Quickbooks Online plans are as mentioned below-

  • Simple Start in $10
  • Essentials in $20
  • Plus in $35, which is the most popular plan.

Quickbooks Pros & Cons

Pros & cons, as observed by industry, businesses, startups and freelancers.

Pros

  • Biggest advantage is that you can manage & organize your finances at one place.
  • Allows data integration from platforms like Paypal, American Express.
  • Affordable pricing.
  • Easy to use.
  • Scheduling and paying vendor bills becomes very easy.
  • Quickbooks Online makes it easy to track company revenues and costs.
  • Quickbooks Online is easy to manage & accessible on cloud with any device.

Cons

  • Lacks custom reports.
  • Not an automated accounting software, like Botkeeper. However with Quickbook subscription, you are allowed to access the free plan of Botkeeper.
  • Personal support not available with DIY plans.
  • File size limit.

Intuit Quickbooks Competitors & Alternative

Below are the leading alternative and competitors of Intuit Quickbooks-

  • Fresh Books
  • Xero
  • Accountin by Wave
  • Botkeeper
  • ZipBooks
  • Zoho Books
  • Sage Accounting
  • Pilot

Intuit Quickbooks Ratings & Reviews at various leading platforms

This is how Intuit Quickbooks Software has been given ratings & reviews-

PlatformRatings & Reviews
Capterra4.5 out of 5 Star Rating | 16K+ reviews
Trust Pilot 8.6 out of 10 Point Rating | 1.4K+ reviews
G2 Crowd 4.0 out of 5 Star Rating | 2K+ reviews
Software Advice4.19 out of 5 Star Rating | 3k+ reviews

  • Quickbooks Online vs Desktop comparision & reviews
  • Quickbooks online security
  • Zoho vs Quickbooks vs Freshbooks
  • Freshbooks vs Quickbooks for mac

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