QuickBooks Review - why 5 stars?

QuickBooks Review
ITQlick Score: 87/100
ITQlick Rating: (5/5)
Pricing: 3.2/10 - low cost
Category: Core Accounting -> QuickBooks
Ranking:Ranked 18 out of 137 Core Accounting systems
Company: Intuit
Pricing: starts at $8 per month
Typical customers: Start up, Small business, Medium business
Platforms: Desktop, Mobile, Cloud
Links: QuickBooks pricing, QuickBooks alternatives
Shlomi LaviShlomi Lavi / updated: Jun 03, 2021

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What is QuickBooks?

Quickbooks is a cloud-based accounting software designed for self-employed and small businesses. The solution helps the user manage all their finances with either an online version or licensed. Developed by Intuit, Quickbooks software offers instant access to the employee and vendor information.

Some of its core features include financial reporting, payroll, accounts payable and accounts receivable solution among others. The accounting features help the user in bank reconciliation, billing and invoicing and others. The solution offers the users a client portal, client management and staff management solutions.

The billing and invoicing feature help the user in creating invoices with the customizable invoices, do online invoicing and make online payments and more. With payroll management, payments are easily made with automatic payroll tax calculations.

What is QuickBooks rating? ()

The rating of QuickBooks is 5 stars out of 5 and the total score is 87 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are QuickBooks's typical customers?

QuickBooks Premier 2014 was designed for use by every type of business. Freelancers, small businesses, large companies, non profits, charities and public administrations can all use this software for accounting purposes. The features and general setup of this software targets general businesses, and can be used by professionals and informal businesses alike. QuickBooks Premier 2014 will help you monitor your financial records at all times and keep track of your business growth.

Is QuickBooks the best Core Accounting?

QuickBooks is ranked 18 out of 137 software in their category (Core Accounting systems).

What are their main features and functionalities?

QuickBooks Premier 2014 has so many features that will be useful for your business. Once you comprehend all the basic features and functions, you will have a smooth running in terms of bookkeeping. Invoices, expenses, billing, sales and taxes are all captured in the system. When an entry is made, the relevant transactions are applied to the specific accounts and you can get a readable report immediately. Since QuickBooks Premier 2014 supports integration of various Microsoft programs, you can seamlessly import data from spreadsheets.

What are QuickBooks's pros? (5 Pros)

  • QuickBooks Premier 2013 has a customizable navigation panel that allows easy data entering
  • QuickBooks Premier 2013 integrates with Microsoft programs like Excel which supports data import
  • QuickBooks Premier 2013 includes a new contact management feature
  • QuickBooks Premier 2013 has tips and tutorials for users
  • QuickBooks Premier 2013 includes templates for various industries

What are QuickBooks's cons? (2 cons)

  • QuickBooks Premier 2013 help system could use some improvement
  • There have been complains of slow speeds when using QuickBooks Premier 2013

Who are their main alternatives?

The two main competitors of QuickBooks software include Adaptive Insights and Sage Intacct. Adaptive Insight is a medium cost, cloud-based accounting solution made for businesses of any size whereas Quickbooks is a medium cost cloud-based accounting software solution developed for the SMBs. QuickBooks software is designed and sold by Intuit Company whereas Adaptive Insight software is a product of Adaptive Insights.

While QuickBooks offers in-person session training for users, Adaptive Insights offers Documentation, Webinars, Live Online, and In-Person forms of training. Sage Intacct software offers a medium cost cloud-based accounting software solutions for businesses of every size but in comparison, Quickbooks is a medium cost cloud-based accounting software solution developed for the SMBs.

QuickBooks can be offered through on-premise and cloud solutions whereas Sage Intacct is offered through cloud-based solution only. Both Sage Intacct and QuickBooks solutions support Windows, Linux, Web-based, Android, iPhone/iPad, and Mac OS. Sage Intacct is software by Sage Intacct Company but QuickBooks software is a product designed and sold by Intuit Company.

What is the cost of QuickBooks?

The cost of license starts at $8 per month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 3.2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for QuickBooks

What should you ask Intuit during a demo session? (65 questions)

Schedule a demo with QuickBooks and access 65 must ask questions for the vendor while watching QuickBooks in action. Visit the vendor's website here.

Is it the right software for you?

Quickbooks is ideal for self-employed and small businesses. It caters to different industries including retail, hardware, construction, and healthcare, transportation, education, Information Technology, utilities, and consultancy and more.

List of categories

Accounting & Finance
Billing & Invoicing
Core Accounting
Medical Accounting
Time Tracking

List of features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Check Printing
Credit Card Processing
P&L Statement
Purchase Orders
Sales Reporting
Time & Expense
Invoice Scheduling
Invoice Templates
Time and Expense Tracking

QuickBooks Vs. Alternatives

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Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.