Easy to find a fix errors/mistakes (which makes it easy for someone to manipulate your books).Data is not always backed-up so you risk losing information.File-size issues/limitations on number of transactions.Lack of key reports outside of accounting.Lack of industry and business-specific features (such as lot tracking, eCommerce and barcode scanning).Easy to access from any device – phone, tablet and computer (depending on the version).Integrates well with other systems and flexible with 3rd party applications.However, in summary, here are the generally accepted pros and cons of QuickBooks. One thing that you may have noticed, interestingly, is that some of the pros are the same as the cons.
While the pictures below are from the original survey which looked to answer the questions “What users like about QuickBooks” and “What users do not like about QuickBooks”, I’ve added some more recent data about the pros and cons of QuickBooks. While the survey in this post was conducted several years ago, based on additional research from more recent sources, a lot of the same pros and cons apply today. However, as with any system, there are pros and cons to choosing QuickBooks over other introductory solutions or more robust ERP software. Great for small businesses, QuickBooks provides an introductory accounting solution with certain packages offering basic inventory management tools. QuickBooks is one of the most popular small business accounting solutions in the market.
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