QuickBooks is a business accounting software and bookkeeping platform designed to help small and medium-sized businesses manage their financial operations. It offers a range of features, including invoicing, expense tracking, payroll management, and financial reporting. QuickBooks aims to simplify financial tasks and provide insights into business performance.

QuickBooks Review: Pros, Cons, Features & Pricing

Q: Is there a mobile app for QuickBooks?

Yes, QuickBooks offers QuickBooks desktop and mobile apps that allow users to access their financial data on the go. The app provides functionalities like invoicing, receipt capture, and expense tracking, making it convenient for users to manage finances from their smartphones. It is available for both iOS and Android devices.

Q: Is QuickBooks HIPAA compliant?

QuickBooks is not inherently HIPAA compliant, as it is not specifically designed to handle protected health information. Businesses in the healthcare sector should evaluate whether QuickBooks meets their compliance needs or consider additional measures to ensure HIPAA compliance. It is advisable to consult with a compliance expert for guidance.

Q: Is QuickBooks SOC 2 compliant?

QuickBooks is SOC 2 compliant, which means it adheres to standards for managing customer data based on five trust service principles: security, availability, processing integrity, confidentiality, and privacy. This compliance demonstrates QuickBooks’ commitment to maintaining high security standards and protecting user data.

Q: Is QuickBooks secure?

Yes, QuickBooks is designed with security measures to protect user data and financial information. It employs encryption technology, secure login processes, and automatic data backups. These measures help safeguard sensitive information and provide users with a secure environment for managing their finances.

Q: Is QuickBooks FedRAMP certified?

QuickBooks is not FedRAMP certified, as it is not primarily aimed at serving federal agencies. FedRAMP certification is typically required for cloud services used by the federal government to ensure they meet specific security standards. Businesses needing FedRAMP-certified solutions should explore other options.

Q: Is QuickBooks GDPR compliant?

QuickBooks is GDPR compliant, meaning it meets the data protection and privacy requirements set by the General Data Protection Regulation in the European Union. This compliance ensures that QuickBooks handles personal data responsibly and provides users with control over their information.

Q: Can QuickBooks handle multi-currency transactions?

Yes, QuickBooks supports multi-currency transactions, allowing businesses to manage and track transactions in different currencies. Users can set a home currency and add additional currencies as needed. This feature is particularly useful for businesses operating internationally or dealing with foreign clients.

QuickBooks is often one of the top contenders for small and mid-size business accounting—but is it the right choice? I’ve taken a close look at its features and limitations to help you decide.

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By Bradley Clifford

VP Finance & FCCA with 15+ years scaling finance at high-growth SaaS companies.

Last updated on Jul 6, 2026

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Why Trust Our Reviews?

I've worked extensively with accounting software over the years, and I've come to learn that choosing the right software can make or break your financial workflow. QuickBooks is one of the most widely used accounting platforms on the market—and with good reason. It’s packed with features that support everything from day-to-day bookkeeping to financial reporting and payroll.

In this review, I’ll share my insights about QuickBooks, including where it delivers, where it falls short, and how it stacks up for different types of businesses. Whether you're managing the books yourself or overseeing a team, this breakdown will help you decide if QuickBooks fits your accounting needs.

QuickBooks Evaluation Summary

QuickBooks manages accounting with invoicing, expense tracking, and reports.

Rating

4.4 /5

Pricing

From $30/month
30-day free trial

Why Trust Our Software Reviews

QuickBooks Overview

QuickBooks simplifies the hard parts of running a business—tracking expenses, managing invoices, running payroll, and generating reports—into one clean, connected system. It’s built for small to mid-sized teams, freelancers, and accountants who need serious financial oversight without the complexity of a full-scale ERP.

pros

The mobile app lets you manage your finances on the go.
You can easily track expenses and income, making financial management straightforward.
It offers comprehensive reporting tools that help you understand your business's financial health.

cons

You’ll hit limits if you manage multiple business entities.
Doesn't accommodate businesses needing high accounting customization.
The interface can feel clunky when switching between views.

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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

Invoicing

You can create and send custom invoices fast, and track when clients open and pay them. It makes it easier to stay on top of cash flow.

Expense Tracking

QuickBooks automatically pulls in expenses from bank accounts and cards. You’ll always see where your money goes without manual entry.

Payroll

It runs payroll in just a few clicks, handling taxes and direct deposits. Your team gets paid on time without the headache.

Reporting

You get real-time financial reports like profit and loss or balance sheets. They’re easy to generate and useful for spotting trends.

Time Tracking

QuickBooks lets you log hours directly against projects or clients. It’s simple to see billable work and charge accurately.

Inventory Management

It tracks stock levels, alerts you when items run low, and updates automatically with sales. You won’t lose money on stockouts or overbuying.

screenshot - QuickBooks Review: Pros, Cons, Features & Pricing — QuickBooks lets you send invoices fast and track client payments easily.

Ease of Use

QuickBooks feels easy to pick up, even if you’re not an accountant. The dashboard is clear, menus are simple, and you can find what you need fast. Tasks like sending invoices, running payroll, or checking reports only take a few clicks. Automation cuts down on manual work, and the mobile app lets you handle your books anywhere. You spend less time learning the tool and more time running your business.

QuickBooks 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

QuickBooks FAQs

What is QuickBooks?

Is there a mobile app for QuickBooks?

Is QuickBooks HIPAA compliant?

Is QuickBooks SOC 2 compliant?

Is QuickBooks secure?

Is QuickBooks FedRAMP certified?

Is QuickBooks GDPR compliant?

Can QuickBooks handle multi-currency transactions?

What's Next?

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