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24 User Reviews

4.7

Overall Score

LAST UPDATED: February 24th, 2020

QuickBooks by Intuit, Inc. is the most commonly used accounting and financial management software for small businesses. Developed by Intuit, QuickBooks accounts for a sizable portion of the small business accounting software market, boasting millions of online subscribers.

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The Good

  • Integrations and Applications
  • Education

Integrations and Applications

QuickBooks has been optimized both both desktop and mobile applications. Now you can manage your expenses from your Android or iOS smart device and even snap photos of and catalog all of your paper receipts, thus eliminating the mounds of paperwork you would normally need to keep on hand during the tax and audit season. Quickbooks also integrates with several other money management apps that people already use:

  • PayPal
  • Concur Travel and Expense
  • Square
  • Shopify
  • Shoeboxed
  • And More

Education

QuickBooks prides itself on educating users with little or no accounting experience to be expert money managers. Its platform offers several helpful demos and tutorials, a live chat feature, blog, free customer support, an interactive online community, and the means to get in touch with over 20,000 qualified industry experts. And unlike some other accounting softwares, QuickBooks offers a package for independent contractors which helps separate personal and business expenses.

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The Bad

  • Limitations
  • Tax Fraud Scandal

Limitations

QuickBooks has some limitations. Unlike other expense tracking apps, QuickBooks is not equipped with a GPS-enabled travel expense monitor; such expenses must be entered manually. Additionally, QuickBooks leans a little on the expensive side, charging a monthly subscription fee for each of its packages. And though it offers a package for independent contractors that helps differentiate between personal and business expenses, other apps can keep track of your personal expenses for free.

Tax Fraud Scandal

In February 2015, Intuit was at the center of an alleged revenue-boosting scandal involving the mishandling of fraudulent tax returns. And while Intuit immediately refuted these claims, the damage these allegations have done to their goodwill resulted in a plunge in third-quarter profits for the year.

In 2019, Intuit was under scrutiny for deliberately hiding the free version of TurboTax from online searches. This scandal further undermines Intuit's credibility.

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The Bottom Line

For all accounts and purposes, it's hard to go wrong with QuickBooks. Whether you're running a small to medium-sized business, or are an independent contractor, it's one of the most proven accounting softwares out there; however, if you're only looking to chart your personal day-to-day expenses, this software might not be for you.
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Star Rating

4.4

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24 Reviews

Review Breakdown

5 grade

58%

4 grade

25%

3 grade

17%

2 grade

0%

1 grade

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Michelle Rios Ogden, UT

I have used QuickBooks to help manage a small business expenses including payroll, accounts payable/receivable. This program is easy to use, providing tools needed to keep track of where the money is coming from and going to. They offer good customer service w/knowledgable staff for when I get stuck on something.

1 year ago

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Kylie Howes Provo, UT

I ran the quickbooks software as an administrative assistant at a local small business, and it is a very easy to use program that clearly tracks your finances and makes it easy to record receipts, draft invoices, print checks, reconcile the checkbook, and pretty much everything else that your business needs in order to stay on top of where your income is coming from and going to.

1 year ago

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Nathan Provo, UT

I used both the online and desktop versions Quickbooks during an internship with a tax firm. As far as accounting software goes I thought the interface was user friendly and very customizable. Some of the higher level functions were difficult to master, but nothing anybody couldn’t handle. I preferred the online version over the desktop version since syncing credit card and bank transactions was easier and more intuitive.

2 years ago

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Chase H Provo, UT

I have worked with QuickBooks extensively! AN EXCELLENT OPTION FOR ENTREPRENEURS AND SMALLER BUSINESSES. Don't rely on it to do everything for you though. You still need to understand what you are doing with bookkeeping. When everything functions, it saves you a ton of headaches. When things don't work, it can become a nightmare. Great for filing simple taxes though.

3 years ago

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Derek Scoville Pleasant Grove, UT

We use Quickbooks to run our personal and business budgets on. It is super helpful to track spending, to run reports on different accounts and to help us keep all our finances in order.

2 years ago

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Darrin Henry Pleasant Grove, UT

I use quickbooks for our small business and it works great for what we need to keep everything organized.

2 years ago

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