QuickBooks Online

(1,454)
3.8 out of 5 stars

Easy Online Accounting to Organize Your Finances in One Place

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QuickBooks Online Features

General Ledger
Journal Entries

Increases user efficiency by auto-populating based on previously entered information. Schedule future entries. Allow Journal Entries to be uploaded from an external source.

n/a
Tags / Dimensions

Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.

78%
(Based on 521 reviews)
Audit Trail

Automated, chronological tracking of activities that have affected a specific operation, procedure, event or record

80%
(Based on 550 reviews)
Employee Self Service
Web Portal

Allows employees to access current and past pay stubs, W-2 forms, and additional salary information.

83%
(Based on 229 reviews)
Benefits Manager

Allows employees to answer or update questions pertaining to benefits and receive information about benefit providers.

78%
(Based on 148 reviews)
Mobile

Allows employees to view pay stub and W-2 information via a smartphone app or mobile optimized website.

79%
(Based on 164 reviews)
Accounts Receivable
Invoice Customization

The layout of the invoice template is fully customizable and you can add or remove fields.

80%
(Based on 673 reviews)
AR Automation

Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions.

79%
(Based on 519 reviews)
Collections Automation

The system automates the dunning process to help drive collections

76%
(Based on 425 reviews)
Administration
Payroll Entry

Allows administrator to enter payroll for all employees based on salary or total hours worked.

86%
(Based on 313 reviews)
Time Off Accrual

Calculation and tracking of sick and vacation days.

79%
(Based on 199 reviews)
Direct Deposit

Automatically deposits paychecks into employees' bank accounts.

88%
(Based on 250 reviews)
Expense Reimbursement

Allows administrator to reimburse employees for business-related purchases.

83%
(Based on 215 reviews)
Pre-tax Deductions

Automatically deducts wages for health care, 401(k) plans, etc. from paychecks.

84%
(Based on 235 reviews)
Wage Garnishment

Allows administrator to set up for wage garnishments to be deducted automatically from employers' paychecks.

81%
(Based on 159 reviews)
Approvals

Administrator can submit payroll approval request and the approver can approve, deny, or re-assign it to the appropriate approver.

84%
(Based on 167 reviews)
Check/W-2 Printing

Allows administrators to print valid paychecks and W-2 forms.

86%
(Based on 246 reviews)
Check/W-2 Delivery

Sends printed checks to administrator to distribute to employees.

86%
(Based on 218 reviews)
Accounts Payable
AP Automation

Steam lines data entry by auto populating recurring or predefined vendor values

n/a
Payment Processing

Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow.

83%
(Based on 585 reviews)
Purchase Orders

Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process

81%
(Based on 403 reviews)
Taxes
Tax Calculation

Calculates taxes due and may include resources or tools for federal and state tax compliance.

86%
(Based on 285 reviews)
Tax Filing

Files payroll tax forms automatically for federal, state, and local taxes.

n/a
Automatic Tax Payment

Allows payroll vendor, via power of attorney, to make electronic payments of withheld taxes to government.

n/a
Inventory Management
Inventory Tracking / Ordering

Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders.

74%
(Based on 256 reviews)
Inventory Pricing and Costing

Ability to establish multiple price levels. Update pricing on a per item or global inventory basis. Choice between multiple costing methods such as Average, LIFO, FIFO and Specific Unit.

74%
(Based on 272 reviews)
Inventory Reporting

Customizable reporting allows insight into usage of inventory and services.

74%
(Based on 260 reviews)
Integration
API / Integration

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.

80%
(Based on 161 reviews)
Time Tracking Integration

Enables administrator to import hours from time tracking systems.

n/a
Accounting Integration

Provides standard integration with third party accounting software.

82%
(Based on 198 reviews)
Core HR Integration

Provides standard integration with third party core HR software.

n/a
Other Functionality
Multi-Entity / Consolidation

Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations

77%
(Based on 389 reviews)
Recognition Rules

Automate recognition of revenue and expenses by defining recognition templates.

78%
(Based on 460 reviews)
Reconciliations

Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations.

82%
(Based on 659 reviews)
Payroll

Payroll module or integration to an external payroll provider which automates the recording of payroll

82%
(Based on 407 reviews)
Time and Expense

Automated time and expense capture, tracking, approval, reimbursement and reporting

81%
(Based on 430 reviews)
Platform
Reporting and Dashboards

Access pre-built and custom reports and dashboards.

82%
(Based on 310 reviews)
User, Role, and Access Management

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

85%
(Based on 300 reviews)
Performance and Reliability

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.

84%
(Based on 308 reviews)
Scalability

Allows administrator to easily add employees and grow payroll process as their company grows.

83%
(Based on 268 reviews)
Reporting & Analytics
Financial Statements

General reporting offered covers all of the standard financial statements and meets the basic needs of the business

84%
(Based on 769 reviews)
Custom Reporting

Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer

80%
(Based on 735 reviews)
Budgeting / Forecasting

Create and revise an unlimited number of budget, plan and forecast scenarios.

78%
(Based on 540 reviews)
Dashboards

An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance

81%
(Based on 731 reviews)
Platform
Customization

Allows administrators to customize to accomodate their unique process. Includes ability to create custom objetcs, fields, rules, calculations, and views.

73%
(Based on 625 reviews)
Workflow Capability

Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action.

76%
(Based on 544 reviews)
User, Role, and Access Management

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

83%
(Based on 675 reviews)
Internationalization

Enables users to view and transact business with the same content in multiple languages and currencies.

79%
(Based on 350 reviews)
Performance and Reliability

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.

83%
(Based on 728 reviews)
Output Document Generation

Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.

80%
(Based on 635 reviews)
Integration
Data Import and Export Tools

Ability to input, modify and extract data from the application in bulk through a structured file.

77%
(Based on 644 reviews)
Integration APIs

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.

n/a
Breadth of Partner Applications

To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product.

78%
(Based on 447 reviews)