QuickBooks Online
Cloud accounting from Intuit — global standard with limited India fit
Founded 1983 HQ Mountain View, CA Global
Best for
- Indian founders running US/UK/AU entities
- Global SaaS billing in USD/multi-currency
- Companies with US accountants who use QuickBooks
- Small businesses outside India
Not ideal for
- Indian businesses needing GST filings (use Zoho Books)
- India-only operations (QB India is discontinued)
- Teams wanting Indian e-invoicing built in
- Cost-sensitive Indian SMBs
Key features
- •Double-entry accounting
- •Invoicing and expense tracking
- •Bank feeds and reconciliation
- •Multi-currency
- •Sales tax (GST/VAT in supported regions)
- •Inventory (Plus tier)
- •Project profitability
- •Time tracking
- •Reporting: P&L, balance sheet, cash flow
QuickBooks Online — Pros
- +Industry-standard outside India
- +Mature feature set and reporting
- +Massive accountant ecosystem (US/UK)
- +Strong integrations
- +Good mobile apps
QuickBooks Online — Cons
- −QuickBooks India was discontinued in 2023
- −No Indian GST returns/e-invoicing
- −USD pricing for Indian buyers
- −Setup with Indian regulations is awkward
- −Multi-entity needs careful structuring
Integrations
StripePayPalShopifySquareHubSpotSalesforce
Indian context
- GST: Not supported for Indian GST returns/e-invoicing post-2023
- INR billing: No
- UPI support: No
- IST support: Email US/UK hours