Software Alternatives, Accelerators & Startups

QuickBooks VS Rounded

Compare QuickBooks VS Rounded and see what are their differences

QuickBooks logo QuickBooks

Business runs better with QuickBooks, the #1 accounting solution for small business.

Rounded logo Rounded

Rounded is simple online accounting software that lets you send pro invoices, accept credit cards, track your time and expenses and relax at tax time. Perfect for Australian Freelancers, Contractors and Sole Traders.
  • QuickBooks Landing page
    Landing page //
    2023-10-18
  • Rounded Landing page
    Landing page //
    2023-01-16

QuickBooks features and specs

  • User-Friendly Interface
    QuickBooks is designed with a user-friendly interface that makes accounting tasks more accessible for small business owners and non-accountants.
  • Comprehensive Feature Set
    The software offers a wide range of features including invoicing, payroll, expense tracking, and financial reporting, which cater to various business needs.
  • Cloud-Based Access
    QuickBooks Online allows users to access their financial data from any device with internet connectivity, which enhances flexibility and convenience.
  • Integration Capabilities
    QuickBooks integrates seamlessly with various third-party applications, such as payment gateways and CRM systems, to streamline business processes.
  • Reliable Customer Support
    Intuit offers strong customer support including live chat, phone support, and a comprehensive knowledge base to assist users with any issues.

Possible disadvantages of QuickBooks

  • Cost
    QuickBooks can be relatively expensive, especially for small businesses or freelancers with limited budgets, with subscription fees that add up over time.
  • Learning Curve
    While the interface is user-friendly, some advanced features can have a steep learning curve for those who are not familiar with accounting principles.
  • Performance Issues
    Users sometimes report experiencing slow performance, particularly during peak times or when handling large volumes of data.
  • Limited Customization
    Despite its comprehensive features, QuickBooks may lack the level of customization that some specialized businesses require.
  • Security Concerns
    As a cloud-based service, QuickBooks could be vulnerable to cybersecurity risks, necessitating robust security measures to protect sensitive financial data.

Rounded features and specs

  • User-Friendly Interface
    Rounded offers a clean and intuitive interface that is easy for freelancers and small business owners to navigate, reducing the learning curve.
  • Comprehensive Features
    The platform provides a wide range of features tailored to freelancers, including expense tracking, invoicing, and tax calculation, allowing for efficient business management.
  • Australian Focused
    Rounded is specifically designed for the Australian market, providing localized features like integration with Australian tax systems, which is beneficial for compliance.
  • Automation
    Automation features such as recurring invoicing and automatic expense categorization save time and enhance productivity.
  • Customer Support
    Excellent customer support with quick response times that assist users in resolving issues effectively.

Possible disadvantages of Rounded

  • Pricing
    While offering solid features, Rounded may be more expensive compared to some competitors, which can be a concern for budget-conscious users.
  • Limited Integrations
    Compared to some larger platforms, Rounded has fewer integrations with other business software, which may limit its utility for some users.
  • Scalability
    Rounded is primarily designed for freelancers and very small businesses, and may not scale well for larger businesses with more complex needs.
  • Niche Market
    As it is focused on the Australian market, it may not be suitable for users based in other regions seeking local solutions.

Analysis of QuickBooks

Overall verdict

  • QuickBooks is generally regarded as a good choice for small to medium-sized businesses due to its extensive features, ease of use, and efficiency in handling various accounting tasks. However, it may not be suitable for very large enterprises with more complex accounting needs without customization or integration with other systems.

Why this product is good

  • QuickBooks is a popular accounting software that offers various features to help businesses manage their finances. It's known for its user-friendly interface, comprehensive accounting capabilities, and integration with various financial tools and services. QuickBooks provides functionalities such as income and expense tracking, invoicing, payroll, tax management, and reporting, which can significantly streamline financial tasks for businesses. Additionally, its cloud-based versions allow for accessibility from multiple devices, promoting collaboration among teams.

Recommended for

  • Small to medium-sized businesses looking for comprehensive accounting solutions.
  • Businesses seeking a user-friendly interface and easy-to-use financial tools.
  • Companies that require cloud-based accounting software accessible from multiple devices.
  • Freelancers and self-employed individuals needing affordable and efficient financial management.

Analysis of Rounded

Overall verdict

  • Rounded is a solid, purpose-built accounting and invoicing tool tailored specifically for Australian sole traders and freelancers, offering an affordable and easy-to-use solution for managing their finances.

Why this product is good

  • Designed specifically for Australian sole traders and freelancers, so features align with local tax and business needs
  • Simple, intuitive interface that makes invoicing and expense tracking easy for non-accountants
  • Handles GST tracking and BAS reporting, which is helpful for Australian tax compliance
  • Includes time tracking and quoting features useful for service-based freelancers
  • Affordable pricing compared to more complex accounting platforms
  • Australian-based customer support that understands local requirements

Recommended for

  • Australian sole traders and freelancers
  • Contractors and consultants who need simple invoicing
  • Small service-based businesses without dedicated accounting staff
  • Self-employed individuals wanting easy GST and BAS management
  • Users who find full-scale accounting software too complex or expensive

QuickBooks videos

Which QuickBooks Online Should You Buy in 2020?

More videos:

  • Review - Quickbooks Self-Employed Review
  • Tutorial - How to use QuickBooks Online: a super fast 6-minute review & tutorial

Rounded videos

Best rounded nut and stud remover? Let's find out! Snap-on, Irwin, Gearwrench, Rocketsocket & more

More videos:

  • Review - What's the Difference | Flat vs Rounded Sandwich J Cups
  • Review - The Druid - The Next Generation Holster from Rounded by Concealment Express

Category Popularity

0-100% (relative to QuickBooks and Rounded)
Accounting
98 98%
2% 2
Accounting & Finance
100 100%
0% 0
Billing & Invoicing
0 0%
100% 100
Bookkeeping
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare QuickBooks and Rounded

QuickBooks Reviews

The 10 Best Alternatives to GnuCash for Managing Your Finances
QuickBooks also provides a variety of integration options that can optimize your business workflows. If you're in search of a superior alternative to GnuCash, QuickBooks is an excellent choice.
Top 10 QuickBooks Alternatives (Free/Paid)
Looking for the best QuickBooks alternatives to manage your business finances more easily? While QuickBooks is widely used, it might not be the perfect fit for everyone, especially if youโ€™re looking for more affordable pricing, easier-to-use features, or better customer support. Whether youโ€™re a small business owner, freelancer, or just starting, finding the right...
5 Best Alternatives to QuickBooks Accounting Software
QuickBooks is prominent among accounting software providers, with an intuitive interface, robust features and extensive third-party integrations. When you consider programs for your small business, your first thought may well be the QuickBooks accounting software.
The 8 Best QuickBooks Alternatives for Small Businesses
Both QuickBooks and FreshBooks offer live support options; however, QuickBooks pushes customers to use self-help resources first. Along with an easily navigated interface, FreshBooks offers a variety of other benefits including free toll-free customer support, with email support available as well.
Source: www.fool.com
7 Best QuickBooks Alternatives for Small Businesses
Youโ€™re likely well aware that QuickBooks is the reigning incumbent for best accounting software. Although thereโ€™s plenty working in QuickBooksโ€™ favor โ€” industry dominance, ease of use and scalability, for instance โ€” small-business owners might consider alternatives, depending on their budget and what features they need. Before you settle on an option, just make sure your...
Source: www.fundera.com

Rounded Reviews

We have no reviews of Rounded yet.
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Social recommendations and mentions

Based on our record, QuickBooks seems to be more popular. It has been mentiond 27 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

QuickBooks mentions (27)

  • Comprehensive Guide to Tracking Sponsorship Earnings and Beyond
    Ecosystem Evolution: As brands become more digitally oriented, tracking systems now incorporate cloud-based accounting tools like QuickBooks and Xero. In addition, blockchain technology is increasingly being leveraged to provide transparency and audit trails, thereby minimizing fraud and enhancing compliance. - Source: dev.to / over 1 year ago
  • Comprehensive Guide to Tracking Sponsorship Earnings: An In-Depth Analysis
    Adopting automation via cloud-based accounting tools like QuickBooks and platforms like Xero enables real-time data insights that are vital in todayโ€™s fast-paced market. Additionally, integrating technologies such as blockchain and smart contracts will further revolutionize how earnings are tracked in the near future. - Source: dev.to / over 1 year ago
  • Mastering the Money Matters of Open Source: Navigating the Financial Landscape
    Accounting Systems: Maintaining accurate accounting records is critical for any project that handles funds. Modern tools like Wave or QuickBooks assist in managing invoicing, expense tracking, and financial reporting. These systems ensure easy monitoring and rational allocation of the projectโ€™s financial resources. - Source: dev.to / over 1 year ago
  • What is QuickBooks Online For Accountants?
    For accounting firms looking to expand their operations, manage all of their clients and projects, and work with and access their clientsโ€™ QuickBooks Online data, there is a tool called QuickBooks Online for Accountants. The software, QuickBooks Online for Accountants is a web-based application that is designed to help accounting professionals save time and grow their practice. โ€‹โ€‹. Source: about 3 years ago
  • Hey Reddit! QuickBooks has smarter features made for your business. Welcome to your one-stop hub to learn more about our available plans and tools that can help your business thrive.
    Not sure what you need? Let's find out. Click here for our personalized questionnaire, so we can recommend solutions that fit you best. Source: about 3 years ago
View more

Rounded mentions (0)

We have not tracked any mentions of Rounded yet. Tracking of Rounded recommendations started around Mar 2021.

What are some alternatives?

When comparing QuickBooks and Rounded, you can also consider the following products

FreshBooks - The ideal accounting software for small business owners.

DoubleTime - Capture billable work, apply client rates, and turn it into client-ready invoices.

Xero - Xero is online accounting for your small business.

Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.

Zoho Books - Smart Accounting for Growing Business

Toggl - Toggl is an online time tracking tool. It features 1-click time tracking and helps you see where your time goes. Free and paid versions are available.