QuickBooks Review

flag 7 million customers worldwide
  • Exclusive FREE 30-day trial

  • Save an average of $2,100+ per year

  • Cloud-based & accessible on multiple devices

  • Trusted & used by professional accountants

Pros & Cons

  • Full access from desktop or mobile apps
  • Information stored in the cloud and highly secure
  • Direct connection to bank and credit card accounts
  • Customizable reports and dashboards
  • No contract required
  • No 24/7 support
  • Limited amount of users
  • Payroll is an extra cost

Plans & Pricing

Special Sale: 50% OFF Quickbooks for 3 months* 

Please refer to the QuickBooks website for the terms and conditions.

As one of the most-used accounting platforms in the world, it’s no surprise that QuickBooks has competitive prices that make them a more desirable choice over other industry providers. Right now the brand is running a special price of up to 50% when you buy now.

All plans come with what Quickbooks lists as their “base features”: track income & expense, invoice & accept payments, maximize tax reductions, run reports, capture & organize receipts, send estimates, track sales & sales tax, and track miles. Customers can also add full service pay roll services to any level plan for $22.50 per month + $4 per employee per month.

Simple start

$12 per month for the first three months, $25 per month afterward. The first of the small business options is the Simple Start plan. With nearly all the features of the Self-Employed plan, the Simple Start also has additional tools for tracking sales, maximizing tax deductions, and sending estimates that can later be converted to invoices. This plan is best suited for sole proprietors, as it only allows one user.

 

Plus

$40 per month for the first three months, $80 per month afterward. The Plus plan, intended for small to mid-sized corporations, partnerships, and non-profits. This plan comes with all the features of the Essentials plan, plus the ability to track projects, inventory, and manage 1,099 contractors. If your business is continually taking on new ventures, you can see how much you’re making on each one and allocate all expenses and unbilled work to the specific project. Together with the more advanced features, this plan also allows up to five users.

Advanced

$90 per month for the first three months, $180 per month afterward. The Advanced plan is a great option for larger scale businesses or organizations. This plan comes with all the features of the previous plans, with the addition of business analytics and insights, custom access by role, automated workflows, enhanced custom fields, and more. In addition, customers get the support of a dedicated account manager, on-demand training, and the ability to restore company data. This plan includes 25 users.

Simple Start
$12.50/month
Plus
$40/month
Advanced
$90/month

Overview

With over 7 million users, QuickBooks is one of the most popular accounting platforms for small and mid-sized businesses. Although it still offers a desktop version, the majority of business owners favor the cloud-based QuickBooks platform, which can be accessed on practically every device. Coupled with easy accessibility, this accounting platform also has various plans available, depending on the size and needs of your business.

Rating

  • "Price"
    8 /10
  • "Features"
    9 /10
  • "Ease of Use"
    8 /10
  • "Help and Support"
    9 /10

Features and Functionality

Custom Invoices, quotes & payment tracking

The invoices and payments feature allows users to create custom invoices, accept payments from clients, and monitor past-due invoices. It is extremely easy to convert estimates to invoices, set up recurring invoices, and set automatic invoice reminders. There are also options to include tax, discounts, and shipping costs, all while Quickbooks keeps track of how much you earn and owe.

Business Insights

Easily view profit & loss, balance sheets, and other easy-to-read visual reports in one click. By connecting your bank and credit card accounts you can view accurate cash flow insights instantly.

Mile tracking

The mile tracking tool is available with the Self-Employed plan and uses your cell phone GPS to automatically track distances. It also allows you to categorize the miles and then deduct them from your taxes.

Project tracking

Available with the Plus plan, QuickBooks lets you analyze the revenue and expenses of a particular venture to aid in long-term decision making for your business. Since the plan allows up to five employees to access the platform, all project stakeholders can easily see its successes and pitfalls.

Payroll processing

For an additional charge, full payroll services can be added to any level plan. This includes full-service payroll and pay employees via next-day direct deposits. The platform also stores W2 forms and provides automated tax filing.

Cloud Accounting & Data Security

Quickbooks is a cloud based platform. This means all of your information stays stored in the cloud and can be accessed at anytime from any device. Everything is protected by bank-level security to ensure that your data is only accessible to you or those you choose to share it with.

Tax management, powered by TurboTax

Quickbooks Online has recently introduced a new feature that offers a streamlined and expert-assisted tax filing experience. It allows users to manage their books and prepare their taxes effortlessly, saving time and effort. It also provides access to expert help for tax returns and helps ensure accuracy.

The payment is low-risk and it only requires payment upon filing, and the cost starts at $169, making it a valuable, affordable, and effective tool for tax management.

Ease of Use

Although it’s not rocket science, familiarizing yourself with QuickBooks does take some effort. The platform itself is set up almost instantly. As with all accounting platforms, you will need to set up your company at the beginning. Once your company information is added, you’ll find that the interface is clean and easy-to-use, with a navigation bar on the left-hand side and a simple layout. There’s also a search bar where you can find transactions, contacts, and reports.

Don’t be scared away if the dashboard seems foreign to you; QuickBooks has a rich library of tutorial videos to help you get up and running. Since it’s such a popular platform, there are numerous how-to videos on YouTube and other third-party sites. If you prefer to learn in-person, Intuit hosts two-day classes in various cities throughout the United States.

Add-ons and Integrations

Intuit carefully designed QuickBooks so that it could be integrated with multiple applications and platforms. Below is an outline of some of the essential add-ons and integrations that make QuickBooks so powerful:

  • Import transactions from PayPal, Square, your bank, and other financial institutions
  • Link Shopify and other e-commerce platforms to track both sales and sales tax
  • Process payments with mobile credit card readers or POS
  • File both federal and state payroll taxes directly from your dashboard
  • Download the QuickBooks app on both Androids and iPhones
  • Link with Bill.com to automate your accounts payable process
  • Sync Method: CRM to keep track of all customer interactions

Customer support

The team at QuickBooks is available via chat and phone 12 hours per day during the week and between 6 am and 3 pm PCT on Saturday. All level accounts come with unlimited customer service, and the advanced plans come with a dedicated account manager.

Along with technical support services, there’s a detailed FAQ page with questions ranging from payroll to backing up data. If you’re a visual learner, there are countless tutorial videos both on the company’s official website and YouTube.

  • Phone Support
    The company offers phone support during business hours.
  • Live Online Chat
    Online chat support is available for all your inquiries.
  • Video Tutorials
    Various video tutorials are available both on QuickBooks’s official website and on YouTube.
  • FAQ
    The company’s website has a comprehensive FAQ page.
  • Blog
    The Quickbooks support page is full of helpful articles.

Final Word

Often regarded as the industry standard, QuickBooks is a powerful accounting tool for small to mid-sized businesses. From inventory management to financial reporting, the various plans available make it easy for you to find the right fit for your business.

The cloud-based platform is user-friendly and continually being improved with new features and add-ons. With tons of help resources available online, you’ll never be left in the dark. Not only will QuickBooks take away the headaches of pen and paper bookkeeping, but it will also give you more time and tools to analyze the profitability and success of your business.

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This website is an informative comparison site that aims to offer its users find helpful information regarding the products and offers that will be suitable for their needs. We are able to maintain a free, high-quality service by receiving advertising fees from the brands and service providers we review on this website (though we may also review brands we are not engaged with). These advertising fees, combined with our criteria and methodology, such as the conversion rates, our team of reviewer's finding and subjective experience and product popularity, impact the placement and position of the brands within the comparison table. In the event rating or scoring are assigned by us, they are based on the position in the comparison table, or according to other formula in the event specifically detailed by us. See our How we Rate page and Terms of Use for information. The reviews, rating and scoring are provided “as-is” without guaranties or warranties regarding the information contained in our website, which shall not be considered as endorsement. We make the best efforts to keep the information up-to-date, however, an offer’s terms might change at any time. We do not compare or include all service providers, brands and offers available in the market.
Ethan Willse>
Ethan Willse
author

Ethan has a degree in accounting from Iowa State University and works as a Staff Accountant in the insurance industry. When he’s not crunching numbers at his job, he enjoys writing and learning more about financial markets.

We make the best effort to present up-to-date information; however, the terms of each offer can be revised according to the service provider’s discretion. The above shall not be considered as an expert or professional advice for any matter.

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Questions & Answers

Guest
Mitchell D.

I’m looking for something that can help me with taxes. Does this quickbooks create and process tax forms, like W-2s?

answer
Yes, you can process and file W-2 forms using the Online Payroll function. However, Intuit Online Payroll, in-product support for federal forms is available only with an Enhanced level subscription (or a Basic subscription that started before April 1, 2013).
Guest
Jeff Stern

Will mine and my customer’s financial information be safe? What kind of security does this software have?

answer
Yes, Quickbooks Intuit comes with free mobile apps for both iOs and Android.
Guest
Vanessa Adams

Is this software secure? Will my financial information be safe?

answer
Quickbooks Intuit takes security very seriously and has introduced new and enhanced security measures designed to help safeguard customers’ sensitive information and fight fraudsters, and they continually perform internal risk assessments as well as external security audits to maintain security in all their products and services.
Guest
Ray bloom

What is the computer system requirements to run quick book with payroll.

Editor
Guest
Rosemary Whisler

I don’t want a cloud based program. I would like to do all my work on my pc and pay an annual fee for the updated payroll tax tables and just do it all myself. Does Quickbooks offer anything like that anymore?

Editor
eleonorab

Hi Rosemary,

QuickBooks does offer a desktop version called QuickBooks Desktop that might be a better fit for your needs. It’s installed on your PC, has annual fees for updates (including tax tables), and offers payroll (but may require extra software for W-2s).

Guest
Robin Smith

Does quickbooks also manage inventory?

Editor
eleonorab

Hi Robin,

Yes, QuickBooks actually has inventory management capabilities, though the extent depends on the specific version you choose. Here are some resources to learn more:

QuickBooks Inventory Management Software: https://quickbooks.intuit.com/learn-support/en-us/help-article/inventory-management/set-track-inventory-quickbooks-online/L22FZLBGN_US_en_US
Set up and track your inventory in QuickBooks Online: https://quickbooks.intuit.com/learn-support/en-us/help-article/inventory-management/set-track-inventory-quickbooks-online/L22FZLBGN_US_en_US

Guest
Linda

We have five companies. Will we a subscription for each one

Editor
eleonorab

Hi Linda,

Yes, with QuickBooks Online, you will need a separate subscription for each of the 5 companies you want to manage.

Guest
Maureen

Does QuickBooks Online provide account numbers as the Desktop version does?

Editor
eleonorab

Hi Maureen,

Yes, QuickBooks Online does support account numbers, but it’s a feature you need to activate.
You can check out more information here:
https://quickbooks.intuit.com/learn-support/en-us/help-article/chart-accounts/use-account-numbers-chart-accounts/L7lRLN0Do_US_en_US

Guest
Richard Webster

I am the treasure of 2 non-profit organizations. I need, on a daily basis, to enter in information for specific areas: Dues, Educational outreach, Scholarships, etc. I need a running total of income and expenses for each day/month/year.. Will quick books handle my needs? Also, do you support non-profits with a reduction in costs?

Editor
eleonorab

Hi Richard,

Yes, QuickBooks can definitely handle your needs as the treasurer of two non-profit organizations. You can track income & expenses by category (dues, scholarships, etc.) and get running totals for daily/monthly/yearly finances.
QuickBooks is user-friendly and offers online access for managing finances on the go. Quickbooks offers special features for non-profits (fund accounting). There should be discounted licenses for non-profits are available through TechSoup. You can check that out here: https://www.techsoup.org/intuit

Guest
Hymie. C Adler

Can I import my windows Quickbooks files to my android phone or tablet ???

Editor
eleonorab
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