Intuit Quickbook - StackPlan

Intuit Quickbooks

Accounting
QuickBooks Online
Intuit Quickbooks is an accounting software to simplify financial management for small businesses, freelancers, and accounting professionals.

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About This App

Intuit QuickBooks, launched in 1983 by Scott Cook and Tom Proulx, is one of the leading accounting software solutions globally, designed to simplify financial management for small businesses, freelancers, and accounting professionals. Initially developed as desktop software, QuickBooks has evolved into a versatile cloud-based platform that provides essential tools for invoicing, expense tracking, payroll management, and more.

Throughout its history, QuickBooks has remained committed to empowering small businesses with tools to manage finances efficiently and make informed business decisions. The platform’s development has been marked by continuous innovation, including the introduction of cloud-based services and integrations to enhance usability and accessibility for users worldwide.

Today, QuickBooks is widely recognized for its user-friendly interface, robust feature set, and extensive integrations, catering to diverse industries and helping businesses streamline financial workflows with ease.

Features

Invoicing and Payments: Create and send professional invoices, track payments, and manage accounts receivable.
Expense Tracking: Capture and categorize expenses automatically, track receipts, and reconcile bank transactions.
Payroll Management: Calculate payroll taxes, manage employee payments, and generate compliance reports.
Financial Reporting: Generate customizable reports, profit and loss statements, balance sheets, and cash flow forecasts.
Third-Party Integrations: Integrate seamlessly with hundreds of apps and services including CRM, e-commerce, and productivity tools for enhanced functionality.

Pros

Ease of Use: QuickBooks’ intuitive design and navigation make it accessible for users with limited accounting knowledge, enabling easy setup and operation.
Automation: Automates repetitive tasks such as invoicing, expense tracking, and payroll calculations to save time and reduce manual effort.
Comprehensive Features: Offers a wide range of features tailored to small business needs, from basic bookkeeping to advanced financial management and reporting.
Scalability: Scales effectively with business growth, offering different plans and add-on services to accommodate expanding financial management requirements.
Support and Training: Provides extensive customer support, resources, and training materials to help users maximize the platform’s capabilities and resolve issues promptly.

Cons

Cost: While competitively priced, the cost of QuickBooks’ subscription plans may be higher for very small businesses or startups with limited budgets compared to simpler accounting solutions.
Limited Customization: Some users may find the customization options and flexibility of QuickBooks limited compared to more advanced accounting software solutions.
Learning Curve: New users, particularly those without accounting software experience, may require time to familiarize themselves with QuickBooks’ features and functionality.

Who QuickBooks is Best For:

Small Businesses and Freelancers: Ideal for small businesses and freelancers seeking user-friendly accounting software with essential features for invoicing, expense tracking, and financial reporting.
Service-Based Industries: Suitable for service-based businesses, consultants, and independent contractors needing straightforward financial management tools without extensive customization.
Businesses Requiring Integration: Well-suited for businesses looking to integrate accounting processes with other applications and services for enhanced productivity and workflow automation.

Who QuickBooks May Not be Suitable For:

Large Enterprises: While scalable, QuickBooks’ feature set and customization options may be limited for larger organizations with complex accounting needs and multiple subsidiaries.
Budget-Conscious Startups: The cost of QuickBooks’ subscription plans may be prohibitive for very small startups or businesses with limited financial resources compared to more affordable accounting software options.
Users Needing Advanced Customization: For users requiring extensive customization, complex financial reporting, and industry-specific features, more specialized accounting software may be more suitable.

Cost (from)

Simple Start: $35 per month for basic bookkeeping and invoicing needs, suitable for freelancers and very small businesses.

Essentials: $65 per month for expanded features including bill management, time tracking, and multiple user access.

Plus: $99 per month for additional features such as project tracking, inventory management, and enhanced reporting capabilities.

free practice subscription? ✗

trial? ✓

partner program: ✓

Support Channels

Mobile Platforms

Accounting Platforms

Intuit QuickBooks

Integrations

Amazon Business, Etsy, PayPal, Square, eBay, Shopify

Geographies Served

Worldwide

INDUSTRIES

Retail, Professional Services, Manufacturing, Construction, Nonprofit, Field Services, Accounting Professional, Wholesale

Disclaimer

The information provided about various software products on this website is sourced from third-party websites and publicly available resources. We strive to ensure that all data is accurate and up-to-date; however, we cannot guarantee its accuracy, completeness, or timeliness. Software companies frequently update their products and services, and such changes may not always be reflected immediately in our listings. Please verify all information with the software provider before making purchasing decisions. For deeper explanations, please read StackPlan’s Software Review Methodology.