QuickBooks Online Accounting App

Overview

QuickBooks Online Accounting is a powerful mobile application designed to cater to the accounting needs of self-employed individuals and small businesses. Developed by Intuit, the makers of QuickBooks, TurboTax, Credit Karma, and Mailchimp, this app provides users with an easy-to-use platform to manage their business finances efficiently, no matter where they are.

Key Features

Organize Business Finances

• Transaction Separation: Automatically separate business transactions from personal ones, ensuring a clear distinction for better organization and accounting accuracy.
• Categorization: Easily categorize business transactions on the go, helping to meet more detailed financial reporting requirements.
• Bank Account Connectivity: Connect your bank and credit card accounts in one place to obtain a comprehensive overview of your financial status.

Manage Cash Flows and Expenses

• Automatic Mileage Tracking: Track miles for business purposes automatically, maximizing potential tax deductions.
• Cash Flow Management: Gain insights into your cash flow from anywhere, helping you stay informed about your business's financial health.
• Spending Insights: Utilize features that provide insights into income and expenses, aiding in more informed decision-making.

Grow Your Business

• Custom Invoicing: Create and send custom invoices and estimates, facilitating faster payments for your services or products.
• Customer and Product Management: Quickly add new customers, products, and services, streamlining your business management processes.
• Business Reports: Run various business reports to continually monitor and evaluate your business's performance.

Subscription Information

• The app is free to download, but it offers in-app purchases ranging from $0.99 to $420.00 for additional functionalities and features.
• Subscriptions can be managed through the Google Play account, with the option to disable auto-renewal at least 24 hours prior to the end of the current subscription period.

Compatibility

QuickBooks Online Accounting is not compatible with QuickBooks Desktop for Windows or Mac. However, users accessing the mobile app benefit from additional features available on the QuickBooks web platform within their subscription.

User Ratings and Feedback

The app holds a commendable score of 4.0 out of 5, based on approximately 60,787 ratings. It has over 5 million installs, indicating its popularity among users. Reviews highlight both positive aspects and areas for improvement, with notable features such as ease of use and effective bookkeeping capabilities receiving praise.

Recent Changes

The latest update introduced "QuickBooks Solopreneur," aimed at one-person businesses that file schedule C taxes. This new offering allows users to seamlessly track both business and personal transactions, send invoices, estimate taxes, and keep track of mileage.

Availability and Support

• Developer: Intuit Inc.
• Email for Support: qb_cares@intuit.com
• Release Date: June 29, 2011
• Latest Version: 28.14.0+1
• Android Version Requirement: Must be running Android 9 or later.

Conclusion

QuickBooks Online Accounting app is an invaluable tool for entrepreneurs and small business owners seeking to streamline their financial tasks. With features designed for efficiency and clarity, this app helps users stay organized, manage cash flows, and ultimately grow their business. Despite challenges highlighted in some user feedback, the app's extensive range of features makes it a key player in the business finance management space.