What is Quickbooks?
This QuickBooks review shows how the software simplifies money management. It acts as a central hub for all your finances. The tool connects directly to your bank account. It automatically imports and sorts your transactions. This saves you hours of manual data entry. You can create and send professional invoices in minutes. Customers can even pay you directly through them.
Our QuickBooks review also covers its advanced power. The software creates easy-to-understand reports. These reports show your profit and track expenses. They give you a clear picture of your business health. This clarity helps you make smart decisions. It also prepares you for tax season.
Whether you are a new freelancer or a growing company, QuickBooks has a plan for your needs and budget. The cost may concern some, and the features can seem overwhelming at first. However, its user-friendly design and powerful tools, like mobile receipt capture, make it a top choice. The system grows with your business, so you never need to switch platforms.
Small to medium-sized businesses, freelancers, solopreneurs, and startups.
Key Features
Invoicing and Payments
Create professional invoices and get paid faster with integrated payment processing.
Expense Tracking and Receipt Capture
Automatically import and categorize bank transactions. Use your phone's camera to snap pictures of receipts and match them to expenses.
Tax Preparation Support
Organize expenses into tax categories and track sales tax, making tax season less stressful
Insights and Reports
Use popular reports like Profit & Loss and custom dashboards to see the financial health of your business .
Live Expert Support
Add on Live Bookkeeping for a cleanup by a certified expert or get ongoing help.
Pros and Cons
Pros
- Ease of Use: Praised for its user-friendly interface, even for those without an accounting background .
- Comprehensive Features: Offers a robust set of tools that cover most small business accounting needs in one place .
- Connects with hundreds of third-party apps (like CRM and e-commerce tools), making it a central hub for your business .
- Scalability: With multiple plans, businesses can start small and upgrade as they grow .
Cons
- Cost Can Be High: Subscription fees, especially for higher tiers and add-ons like payroll, can be expensive for very small businesses .
- Customer Support Inconsistencies: Some users report long wait times and difficulty resolving complex issues .
- Learning Curve for Beginners: The wide array of features can be overwhelming for complete beginners .
- Regular Price Increases: QuickBooks Online has raised its prices annually, which is a common user complaint .
Pricing Plans
Simple start
- Track income/expenses,
- Send unlimited invoices
- Run basic reports,
- Manage taxes
Essentials
- Everything in Simple Start
- Plus bill management
- Multi-currency support .
Plus
- Everything in Essentials
- Plus project profitability tracking
- Inventory tracking
- Budgeting
Advanced
- Everything in Plus
- Custom permissions
- Workflow automation
- A dedicated success manager.
How It Compares
Xero
Generally considered more user-friendly for beginners; stronger ecosystem .
Wave
Much more feature-rich; offers scalable paid plans, inventory tracking, and integrated payroll .
Zoho Books
Deeper brand recognition and accountant familiarity; more robust reporting for growing businesses