QuickBooks

Avantages

The team behind QBOA is constantly listening and improving the product. It makes my life so much easier to have all my clients int he same place. I can schedule my own work with reminders and to-do list for both me and my clients. The added feature of having my clients files at a click of a button in priceless. I also appreciate the ability to add non-QBO clients now.

Inconvénients

Sometimes the interface and/or the links don't work for the training and ProAdvisor page. These don't have anything to do with the client files just resources for me but it can be annoying at times. I also have my doubts the info regarding the profile views and leads from prospective clients is accurate.

Avantages

My favorite thing about Quickbooks payroll also happens to be the most important thing about it...it is accurate! The payroll tax rates and rules are always updated to maintain accuracy in a changing landscape. When processing payroll, everything is automatically calculated and tracked for accuracy - including annual salary, vacation and/or sick pay, holiday pay, withholding tax, and unemployment tax. I don't have to worry about manually calculating things, knowing when there are tax changes, or potentially making mistakes.

Inconvénients

I most dislike how expensive Quickbooks Payroll is. I only use the Enhanced Payroll subscription that integrates with existing Quickbooks desktop software or Quickbooks online subscription. That means I do all of actual work in processing payroll and payroll taxes, rather than using a more full-service option. I think the (ever increasing) several hundred dollars per year it costs to have the subscription is unreasonable. (In addition there's a separate fee for each direct deposit check.) However, the truth is, I rely so much on the functions of Quickbooks payroll that I continue utilizing it despite the cost complaints. I haven't come across anything better so I feel I have no choice.

Avantages

The ability to run payroll efficiently, early and make edits before payday if need be. Also printing previous pay checks and payroll summary is very helpful

Inconvénients

some of the reports are more complicated than they need to be and the credit card sync is not fluid. it creates too many duplicates when there is a business credit account with multiple cards on the same credit account.

Avantages

Reasonably good functionality

Inconvénients

Quickbooks Enterprise does not allow credit card processing in Canada
Platform is unstable and slow
Budgeting functionality lack the flexibility to do reports by account class
Memorized reports frequently fail
Technical support is beyond frustrating and often support issues associated with the online viewing contrast with technical support of the software itself and often the two different departments disagree on the source of the issue
duplicate invoice numbers are generated

Avantages

Very easy to use! Many accountants and bookkeepers will be able to properly report income and expenses for just about any business.

Inconvénients

Takes time to build your business and chart of accounts. QuickBooks provides a quick chart of accounts based on your business selected. I tend to be a bit more detailed with my chart of accounts. But once you have it set up, very easy to use and pull the reports that matter to you.