Loading...

Overview of Quickbooks online

Sandor Lenner gives a nice 12-minute overview of Quickbooks online

This is a review of various aspects of Quickbooks online. If you are looking for the quickbooks online site itself, here you go.

Quickbooks Online Review

Quickbooks online is the latest version of the extremely popular and award-winning accounting software for the personal computer, except it's all online. That means you can access your accounting from anywhere you have an internet connection. Say goodbye to backups, mailing disks, and looking under the keyboard for your passwords.

There are three levels of service, Simple Start, Essentials, and Online Plus depending partially on how many people you would like to use it. For our purposes let's just talk about Online Plus. You can look at the other levels if you have fewer needs.

One of the best things was where Quickbooks would go out to your bank every night and download your latest transactions -- no more having to do all of that manually. Then each morning you can decide whether to accept the match-ups or not. We also liked the ability to have multiple users simultaneously without having to install anything. Finally it was way cool to see the product work on both iPads and smarthphones. (Although with some limited functionality)

On the bad side, note that this is a completely new product. Things that you are used to finding in one spot will be somewhere else now. You would think that it would be easy to set up a shopping cart for your online store and payments, but you'd be wrong. Instead you have to go through a lot of hoops, and although you can manually key in credit card payments, after the first free month they was $19.95 a month to continue allowing you to do that.

Overall Quickbooks online is a great product, and an improvement over the stand-alone version. But there is a bit of nickel-and-diming going on, and the transition won't be completely painless. Highly recommended.

How to make paycheck stubs

If you're using Quickbooks online and would like to make your own paycheck stubs, the process is fairly simple. Simply sign-up for the online payroll option and follow the directions from there. It automatically integrates into the rest of your accounting system -- a must for any online payroll. You can also have your people enter their own time or you can enter it for them, whichever works for you. Much easier than the old way.

Using Quickbooks as a salary paycheck calculator

It's possible to use Quickbooks as a paycheck calculator -- simply set up a dummy employee, run through some sample hours, and check out what the totals are without committing the transaction. Intuit also offers an online payroll calculator you can use for planning.

Feature Comparison

If you're interested in perusing this further, here's the online chart Intuit provides to compare features across their three versions.