QuickBooks Alternatives & Reviews

QuickBooks

Description
Quickbooks by Intuit is a software program that enables businesses to complete and manage all accounting activities with a feature-rich product. The main focus is on smaller businesses that want to complete all their accounting functions in-house.
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13 Best Alternatives to QuickBooks

FreshBooks icon

FreshBooks

The best cloud based small business accounting software. Send invoices, track time, manage receipts, expenses, and accept credit cards. Free 30-day trial.
Xero icon

Xero

Xero is advanced accounting software designed specifically for small businesses. Xero Limited, the company behind the software, was founded in New Zealand in 2006.
Kashoo icon

Kashoo

Kashoo's friendly & approachable invoice and accounting software was designed for business owners. Not accountants.
Sellsy icon

Sellsy

Discover Sellsy, the software of teams that win. Your CRM, sales pipelines, invoices, payment status, and projects (+more) under one roof.
Microsoft Dynamics NAV icon

Microsoft Dynamics NAV

Dynamics NAV is now Dynamics 365 Business Central, an all-in-one, cloud-based business management solution with the functionality of Dynamics NAV.
Freeagent icon

Freeagent

Voted the UK's number one accounting software 2018, FreeAgent brings everything together – from invoices and expenses to VAT, payroll and tax return filing.
NolaPro icon

NolaPro

Free Cloud Accounting Software featuring core Accounts Payable, Accounts Receivable, General Ledger, Inventory, E-commerce, PoS, Orders, Payroll, Timeclock.
SAP Business One icon

SAP Business One

Trusted by over 60, 000 small and midsize businesses in more than 170 countries, SAP Business One is a flexible, affordable, and scalable ERP solution with the power of SAP HANA.
Brightpearl icon

Brightpearl

Brightpearl is the omnichannel retail management system that puts your orders, inventory, financials, POS and CRM in one place.
Pandle icon

Pandle

Pandle is a free cloud accounting software made with real people in mind. Pandle makes it easy for any small business owner to become an expert bookkeeper.

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Project Management (5)
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Convert From QuickBooks
Credit Card Payments
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Custom Support
Customizable Billing
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Customized Invoices
Dashboard View
Data Import
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Deadline Tracking
Demand Forecasting
Demand Planner
Dispatch Management
Document Management
Document Templates
Drop Shipping

Pros of QuickBooks

Mobile Platform: Accounting can be synced across devices and accounts. The ability to log in at a workstation or on the go is a great benefit of Intuit's Quickbooks.
Financial Reporting: Time consuming reports are generated within the program using the data that is already entered into the software. Balance sheets or Profit and Loss Statements can be generated when the need arises. Promulgated forms are created and then printed for further analysis and document recording.
Merchant Account Synchronization: Significant amounts of business are being connected online nowadays with the shift to more and more business being conducted in e-commerce. An Authorize.net or Stripe merchant account can be synchronized to make entries into the general journal of the accounting and financial records automated.

Cons of QuickBooks

Subscription Billing: The issue of billing people on a continual basis, in increments, or monthly is a business model used by many people. Quickbooks does not have this capability, but a similar software program, NetSuite, integrates subscription billing into the accounting platform.
Multi-subsidiary financials: Given that the software is aimed at small businesses, there is the need to have separate accounts for each subsidiary or daughter company that has its own accounting books. Oracle offers a paid service that allows for accounting that is inclusive of multi-subsidiaries.
Revenue recognition: Recognizing revenue basically means that there is an actualized generation of profit for a given accounting item. Quickbooks does not recognize revenue automatically. A similar program, Wave, has revenue recognition as part of its software bundled package. Also, Wave is free to use compared to many features in
Quickbooks that only function when paid for.

QuickBooks Icon Features of QuickBooks

All-in-one Small Business Accounting package: The entire accounting platform is specifically aimed at in-house accounting completed by a small business.
The program is packed with features that help to streamline business and make sense out of complicated accounting methods.
Legal & Offical Accounting Reports: Businesses must draft official financial documents such as Balance Sheets, General Journal ledgers, Profit/Loss statements, and Income Statements.
The software package can seamlessly create these documents and allow for double entry bookkeeping to allow for checks and balances.
Multi-user Support: Many small businesses have more than one person working on the books.
The ability to create permissions for different individuals to access information is a quality feature.
Permissions can be given to outside sources such as accountants, coworkers, or bank officials when working to obtain financing for business operations.

QuickBooks Reviews

by grex about QuickBooks on March 28, 2018:
Quickbooks has been at the forefront of all-in-one accounting software programs for quite some time. The software platform is one of the highest stand-alone accounting packages available on the market. If you are just starting out in the business world and want to minimize costs by taking care of your own books then this is probably the right solution for you. The software is very user-friendly with an extremely high standard of quality reported by many leaders in the field of accounting.
Feel free to submit your own opinion on QuickBooks!

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QuickBooks has currently been reviewed with 1 opinions.

In total, that's a combined rating of 5.00 out of 5 stars.

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