Quickbooks Online Review: Pros, Cons, Features & Pricing
Quickbooks Online is a church accounting software that helps manage finances with ease and precision. Developed by Intuit, it’s best suited for larger churches or ministries with dedicated finance teams, offering robust tools for those handling complex budgets and varied funding sources. QBO is also a popular choice for small business owners and freelancers looking to automate their bookkeeping and track bank transactions. For churches, its value lies in providing a reliable platform that streamlines financial management, helping you focus on your mission rather than the numbers. Whether you’re comparing the online version with QuickBooks Desktop or seeking the best accounting software for your business needs, this Quickbooks Online review will help you make informed decisions.
In this article, you’ll find a detailed Quickbooks Online review of features, pros and cons, best and worst use cases, and pricing. As a pastor, you’ll gain insights to help you choose the right tool for your church’s financial goals.
QuickBooks Online Evaluation Summary
- From $19/user/month
- 30-day free trial
Why Trust Our Software Reviews
QuickBooks Online Overview
pros
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Quickbooks payroll and bill pay features help streamline your workflow.
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Its mobile app allows you to manage finances on the go, whether on android or ios devices. Quickbooks offers integrations for third-party apps, making it suitable for a variety of sales channels and e-commerce needs.
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The platform provides strong security features to protect your financial data, such as permissions and real-time monitoring.
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You can easily track donations and expenses with detailed reporting and expense tracking.
cons
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Some users may prefer the desktop version for certain functionality or inventory management needs.
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Customer support can be slow to respond, impacting your workflow.
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The customization options for financial reports and chart of accounts are somewhat limited compared to quickbooks desktop and other quickbooks alternatives.
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You might find the interface overwhelming if you’re new to accounting software or double-entry systems.
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ChMeetings
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.8 -
Gracely
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.5 -
Text In Church
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.8
How We Test & Score Tools
We’ve spent years building, refining, and improving our software testing and scoring system. The rubric is designed to capture the nuances of software selection and what makes a tool effective, focusing on critical aspects of the decision-making process.
Below, you can see exactly how our testing and scoring works across seven criteria. It allows us to provide an unbiased evaluation of the software based on core functionality, standout features, ease of use, onboarding, customer support, integrations, customer reviews, and value for money.
Core Functionality (25% of final scoring)
The starting point of our evaluation is always the core functionality of the tool. Does it have the basic features and functions that a user would expect to see? Are any of those core features locked to higher-tiered pricing plans? At its core, we expect a tool to stand up against the baseline capabilities of its competitors.
Standout Features (25% of final scoring)
Next, we evaluate uncommon standout features that go above and beyond the core functionality typically found in tools of its kind. A high score reflects specialized or unique features that make the product faster, more efficient, or offer additional value to the user.
We also evaluate how easy it is to integrate with other tools typically found in the tech stack to expand the functionality and utility of the software. Tools offering plentiful native integrations, 3rd party connections, and API access to build custom integrations score best.
Ease of Use (10% of final scoring)
We consider how quick and easy it is to execute the tasks defined in the core functionality using the tool. High scoring software is well designed, intuitive to use, offers mobile apps, provides templates, and makes relatively complex tasks seem simple.
Onboarding (10% of final scoring)
We know how important rapid team adoption is for a new platform, so we evaluate how easy it is to learn and use a tool with minimal training. We evaluate how quickly a team member can get set up and start using the tool with no experience. High scoring solutions indicate little or no support is required.
Customer Support (10% of final scoring)
We review how quick and easy it is to get unstuck and find help by phone, live chat, or knowledge base. Tools and companies that provide real-time support score best, while chatbots score worst.
Customer Reviews (10% of final scoring)
Beyond our own testing and evaluation, we consider the net promoter score from current and past customers. We review their likelihood, given the option, to choose the tool again for the core functionality. A high scoring software reflects a high net promoter score from current or past customers.
Value for Money (10% of final scoring)
Lastly, in consideration of all the other criteria, we review the average price of entry level plans against the core features and consider the value of the other evaluation criteria. Software that delivers more, for less, will score higher.
Core Features
Donation Tracking: Keep tabs on contributions with ease, helping you manage and report on donations effortlessly. This feature ensures transparency and accountability for your donors, and integrates with your chart of accounts.
Expense Management: Record and categorize your expenses quickly, offering you a clear view of where your funds are going. It helps you stick to your budget, monitor cash flow, and make informed decisions.
Financial Reporting: Generate detailed financial reports that provide insights into your church’s financial health. This feature helps you present clear financial data, including balance sheet and profit and loss statements, to your board and congregation.
Budgeting Tools: Plan and monitor your budgets with precision, allowing you to allocate resources effectively. You can adjust plans as needed to meet your financial goals and improve project profitability.
Payroll Processing: Handle staff payments efficiently, ensuring accurate and timely payroll management with Quickbooks payroll. This feature reduces errors and saves you time.
Audit Trails: Track every financial transaction, giving you a secure and traceable record of all activities. It ensures compliance and helps in internal audits, supporting your workflow.
Ease of Use
Quickbooks Online offers a robust set of features, but you might find its interface a bit challenging if you’re new to accounting software. The learning curve can be steep, especially without prior experience, but once you get the hang of it, the comprehensive tools become invaluable for small business accounting.
Its layout is organized, yet the abundance of options—from expense tracking to inventory management—might overwhelm users looking for straightforward solutions. However, once familiar, it streamlines your bookkeeping and accounting tasks efficiently, helping you automate routine entries and reconcile your bank account and credit card transactions.
Integrations
QuickBooks Online integrates natively with Amazon Business Purchases, PayPal, Square, Etsy, Amazon Seller, eBay, Shopify, SOS Inventory, QuickBooks Time, and Gusto.
QuickBooks Online also offers an API and connects with third-party integration tools like Zapier.
New Product Updates from QuickBooks Online
QuickBooks Online Checking Account
This release brings banking, saving, and payments into QuickBooks Online so you can manage money and bookkeeping without switching apps. Here are the details:
- QuickBooks Checking account: Simplifies banking by letting you open and manage a business checking account directly inside QuickBooks.
- Instant deposits with no extra cost: Funds from QuickBooks Payments go into your account immediately without any fees.
- Envelopes for savings and 3.00% APY: Helps you set aside money for expenses while earning interest, supporting your financial goals.
Visit QuickBooks Online's website for more details.
QuickBooks Online: Dispute Protection, Invoice Tips, Excel Sync
QuickBooks has rolled out new updates designed to give businesses more protection, flexibility, and efficiency in handling payments and reporting. The latest features cover automatic dispute protection, invoice tipping options, and Excel integration for advanced data management. Here's a look at each in more detail:
- Dispute Protection: QuickBooks now automatically covers credit and debit card disputes (chargebacks) with no documentation required, offering up to $10,000 per dispute and $25,000 annually, with a small added processing fee.
- Tips on Invoices: Customers can now leave tips directly on invoices, keeping all payments in one place, making it easier for clients to show appreciation and ensuring accurate bookkeeping.
- Excel Sync: QuickBooks Online Advanced can now sync with Excel, allowing users to add or edit data in bulk, use templates, build multi-company consolidated reports, and refresh data instantly for more powerful reporting.
Visit QuickBooks Online’s official sitefor more details.
QuickBooks Online Specs
- 2-Factor Authentication
- Accounts Payable
- Accounts Receivable
- API
- Balance Sheet
- Billing/Invoicing
- BitCoin
- Budgeting
- Calendar Management
- Contact Management
- CRM Integration
- Customer Management
- Dashboard
- Data Export
- Data Import
- Data Visualization
- Expense Tracking
- External Integrations
- Forecasting
- General Account Ledger
- Inventory Tracking
- Multi-Currency
- Multi-User
- Notifications
- P&L
- PayPal
- Payroll
- SAP Integration
- Stripe
- Supplier Management
- Tax Management
Alternatives to QuickBooks Online
QuickBooks Online FAQs
How does Quickbooks Online handle data security and compliance?
Can I access Quickbooks Online on mobile devices?
Is it possible to migrate data from another accounting software to Quickbooks Online?
How often does Quickbooks Online back up my data?
Can multiple users access Quickbooks Online simultaneously?
Does Quickbooks Online offer customer support for troubleshooting issues?
How customizable are the reports in Quickbooks Online?
Can I track donations and tithes using Quickbooks Online?
What’s Next?
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