QuickBooks Online is Intuit's cloud accounting product and, by sheer numbers of businesses using it worldwide, probably the accounting software your accountant already knows how to use. That familiarity is worth more than people give it credit for, because it means fewer training sessions, faster handovers when you switch bookkeepers, and a huge pool of tutorials and advisors if you ever get stuck.
The reporting is where QuickBooks Online earns its reputation. The report builder lets you slice profit and loss, cash flow and balance sheet data in more ways than most small business owners will ever need, and once you have a report set up the way you like it, you can save it and pull it again in seconds next month. Receipt capture is another genuinely useful touch, you photograph a receipt on your phone and the software reads the amount, date and vendor and matches it to a transaction, which quietly removes one of the more tedious parts of expense tracking.
For service businesses and agencies, project profitability tracking is worth a specific mention. Instead of guessing whether a client engagement actually made money once your time and expenses are accounted for, you can see it broken out project by project. Mileage tracking and automatic tax categorisation round out a feature set clearly built by people who have actually run a small business.
Where QuickBooks Online tends to draw criticism, including from the businesses using it here, is around support and value as you scale. The core plans are competitively priced, but useful features often sit behind a higher tier, and support queries can take longer to resolve than the local, chattier support you might get from a smaller regional provider. If you already work with an accountant who is fluent in QuickBooks, that trade off is usually worth it.