Quicken Software for Small Business: Features, Benefits & Setup

QuickBooks Online is cloud-based accounting software that covers all the accounting needs you may have. It’s a subscription-based service that is good for various industries and beneficial to those who regularly work with a bookkeeper or accountant because you can give them access to your files. Read our comprehensive QuickBooks Online review to decide if this popular accounting software is the best choice for your needs and budget. The Annual Plan commits you to a 12-month term; fees vary per QuickBooks Desktop Product.

Bills & Expenses Tracking

While it has very few user reviews, users who posted say that it is an easy-to-use solution with task tracking and lead capturing tools. They also appreciate the friendly, responsive and knowledgeable customer service OneUp offers. However, it doesn’t offer time tracking of payroll features, creating fewer efficiencies than some competitors provide.

5 million customers use QuickBooks Online worldwide²

It left me to have to click around to find the features I wanted. For example, when trying to find which menu option allowed me to manage my invoices, I assumed this feature would be found under the “accounting” top menu. Having to click around to find key features added to the product’s learning curve. Zoho Books is a good choice for small businesses that are already using Zoho products and services because it integrates well with other Zoho apps. It’s also a good fit for service-based businesses, such as consultants, landscapers and plumbers.

QuickBooks Online

This allows more users (up to 25) and increases analytics for users to assess the business’s health. There is workflow automation, data restoration, batch invoices and expenses and on-demand training. This plan also gives you a dedicated account team to help with training, troubleshooting and setup. Accounting software needs to be feature-laden for it to be useful for a small business, and that’s what we looked for when considering QuickBooks alternatives. We looked at multiple features, services and ease of use of various accounting programs to determine which ones are the best QuickBooks alternatives.

I then clicked on the “accounting” menu item and was taken to the accounting page. An explanation told me that doing so would allow me to automatically import transactions into FreshBooks, then match them with income and expenses in FreshBooks. When I opted to add my bank account, I was walked step-by-step through the process. Signing up for QuickBooks the free trial required I simply provide my name and email, then retrieve a code from my email address to verify my identity. From there, I was asked a few questions about my business, such as the types of services I offer and how big my team is.

Talk to Sales

• Once you do, the customizable report templates and data-crunching tools like cash flow projection can give you far more business insights than most other accounting software options on the market.
• Zoho Invoice lacks inventory tracking and full accounting features like balance sheets or bank reconciliation.
• They also find it frustrating that they often have to log in repeatedly due to software glitches.
• It brings most of the features of the online platform, plus it enables mileage tracking and receipt capture for quick and convenient recordkeeping.
• More than 750 apps including QuickBooks Time, QuickBooks Payroll and Gusto.

Quicken Business & Personal is available by mobile app & web app. Quicken Classic Business & Personal is available on desktop with companion web and mobile apps. Quicken Simplifi is your go-to choice for managing budgeting, savings, and investments in an intuitive web and mobile app. Our Classic line is a great option for those who prefer to work on Windows or macOS — and comes with companion web and mobile apps. QuickBooks is a complex software, but we found it offers a handful of helpful functions that make Budgeting for Nonprofits the experience of figuring it out fairly easy.

How Does Quicken Track Income and Expenses?

After creating the project, I was taken to a page designated to that project. Here, I could post updates on the project’s status, track hours worked and view project invoices, estimates, expenses and profitability reports, all from the project’s page. By clicking “more actions,” then “generate invoice” from the top of the page, I could also easily bill a client.

It automates everyday tasks such as invoicing, expense tracking, bank reconciliation, and financial reporting, facilitating quicken accounting system easier monitoring and understanding of financial health. That’s why at Tech.co, we have full-time product researchers to re-run this testing process regularly. It’s the only way to ensure our results remain reflective of the present day. QuickBooks includes plenty of customization options, from the previously mentioned reports to invoice templates that can include your own business logos, branding, terms, and details.

Finally, you can request a free copy of AccountEdge for your accountant so they always have full access to your data. Xero is a good choice for small businesses that are looking for an accounting software with payroll capabilities. The software is also a good fit for businesses that are growing quickly and need to track projects and organize their documents efficiently.