intuit_10271569

September 5, 2014

Intuit — QuickBooks Online

800-286-6800 www.quickbooksonline.com   Best Fit: Small businesses with only a few employees, primarily service-based or those with simple product/inventory needs. Strengths: Friendly user interface & intuitive navigation Integrated live bank account data Audit trail Built-in payroll option No contracts Includes accountant log-in Runs on Mac or PC with any browser Potential Limitations: Limited inventory functions... Read more »

Isaac M. O'Bannon

800-286-6800

www.quickbooksonline.com

 

Best Fit: Small businesses with only a few employees, primarily service-based or those with simple product/inventory needs.

Strengths:

  • Friendly user interface & intuitive navigation
  • Integrated live bank account data
  • Audit trail
  • Built-in payroll option
  • No contracts
  • Includes accountant log-in
  • Runs on Mac or PC with any browser

Potential Limitations:

  • Limited inventory functions
  • Only basic customer & vendor data records
  • Limited support for projects
  • No multi-currency/language
  • Minimal integration
  • No point-of-sale

Executive Summary & Pricing

QuickBooks Online is a good fit for very small businesses that are either service-based or offer simple goods. It has limited inventory and integration options, and doesn’t have e-commerce capabilities, but for most small businesses, the program provides an easy-to-use business management system, with payroll, integrated e-banking and good accountant-focused reporting. All of this in a web-based format that gets rid of IT headaches and allows anytime/anywhere access, including the availability of apps for popular mobile gadgets. Pricing for Online Plus is $39.95 per month for up to five users; Essentials is $24.95 per month for up to three users; Simple Start is $12.95 per month for one user. The payroll option is available for Essentials and Online Plus.

 

2011 Overall Rating 4.25

 

BASIC SYSTEM FUNCTIONS — 4.5

CORE ACCOUNTING CAPABILITIES — 3.75

DAY-TO-DAY OPERATIONS — 4

MANAGEMENT FEATURES — 4.25

INTEGRATION/IMPORT/EXPORT– 4

HELP/SUPPORT — 5

 

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Isaac M. O'Bannon

Isaac M. O'Bannon

Managing Editor

Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies. . Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy groundforces veteran (never a SEAL). Email: isaac.obannon - @ - cpapracticeadvisor.com . Isaac OBannon 2019 Cropped Small Headshot