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1&1 Online Accounting Review

1&1 Online Accounting
Our score: 8.5 User satisfaction: 96%

What is 1&1 Online Accounting?

1&1 Online Accounting is an accounting software targeted for freelancers as well as small and medium sized businesses. The web-based platform is offered by 1&1 Internet Ltd, an established Internet solutions provider, to help you get rid of stacks of paperwork, streamline accounting tasks, and improve efficiency and productivity. The software comes in three modules that you can avail of separately: Invoice, Accounting, and Inventory Management, all of which carry individual features for particular functions.

Invoice tools let you quickly and easily create quotes and invoices in just a few clicks using design templates that can be customized to include your company’s logo. The accounting solution allows you to simplify accounting and bookkeeping tasks through mobile document scanning, smart text recognition, and automatic matching of documents with proper categories, among other capabilities. Meanwhile, Inventory management enables you to easily book stock entries, write and send delivery notes, check customer and supplier prices, and get updated stock inventory overview.

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Overview of 1&1 Online Accounting Benefits

Professional quotes and invoices

The tedious tasks of creating invoices and quotations are made easy and efficient with 1&1 Online Accounting. Aside from an automated entry of customer information and item details, this software also helps enhance your brand with the smart designs of its invoices, quotes and other financial documents. Through automatic creation of quotation and invoice numbers, you can conveniently create invoices either at home or on the move suing your mobile device. All design templates can be customized to include your logo while existing templates and letter heads can be uploaded at any time for your use.

Complete overview of customer data

The software lets you manage your customer contact details with just a few clicks – available and online at any time. Customer, product, and supplier data is stored in a secure, central location. 1&1 Online Accounting automatically selects all specific information necessary whenever you need to prepare an invoice, update your inventory, or when you manage your books. All your financial transactions and pertinent business documentations are properly stored and can be readily accessed, selected, filtered, and sorted in numerous ways to address your particular need.

Full dashboard visibility

The dashboard provides you full visibility of all transactions, incoming and outgoing invoices, revenue surplus reports, profit and loss reports and cash book details. You can keep tab of all invoices, recorded receipts, current payments and due dates. Linking your bank account with the 1&1 Online Accounting solution enables you to automatically assign payment receipts and match them to the appropriate invoice.

Scan and text recognition capability

The intelligent mobile app lets you scan invoices and documents with drag and drop function, and upload documents online. Text recognition allows you to capture fields on uploaded documents such as dates, invoice numbers, and sales tax amounts and have them subsequently filled in.

Automated collection and calculation

Automatic calculation of sales tax, based on receipts, accounts and cash books is completed with just one click. You are also provided with an overview of all credit and debit account payments, purchase dates, document numbers, amounts and sales tax totals.

Warehouse management

Plan, control, and manage your inventory movements efficiently. The stock level overview shows all articles, including purchasing and sales prices, which can be sorted or filtered with just one click. Inventory lists, including existing quantities and item overviews, can easily be printed.

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Overview of 1&1 Online Accounting Features

  • Quotes & Invoice creator
  • Quotes & Invoice tracking
  • Quotes & Invoice templates
  • Convert Quotes to Invoices
  • Customer data
  • Automatic reminders
  • Digital sending & filing of documents via smartphone
  • Online accounting
  • Online cash book management
  • Costs overview
  • Inventory manager
  • Warehouse management
  • Data security

What Problems Will 1&1 Online Accounting Solve?

It’s Friday afternoon and Mike, a self-employed handymen, is on the way home when he gets a reminder from one of his clients who asks for the latest quote. Luckily, Mike uses 1&1 Online Accounting which means that he does not need to turnaround in order to write and send the quote from his office. He can write and send the quote for his customer on the fly by using the 1&1 Online Accounting solution. His customers address is stored and entered automatically and the system provides a unique quotation number. Solution: Quotes and invoice creator

Some hours later, Mike’s wife asks him how the business is running. No problem for Mike, he enters the dashboard and gets an overview of all transactions, incoming/outgoing invoices and even profit & loss reports. So, he’s always up to date, no matter if he’s in the office or at home, the info is always available. Solution: Business overview and dashboard

After the weekend, Mike needs to refuel his car. In the past, he had to collect all the receipts in order to forward them to his CPA once a month for further processing purposes. With 1&1 Online Accounting Mike just needs to take a picture of the receipt from the gas station and the software is doing all the magic: from text recognition to automated assignments with appropriate categories. Solution: Automated accounting/text recognition

1&1 Online Accounting Position In Our Categories

Because companies have distinct business-related demands, it is wise they steer clear of paying for an all-in-one, ideal system. Nonetheless, it would be difficult to chance on such application even among well-known software products. The rational thing to undertake is to take note of the numerous significant aspects that require careful thought including critical features, plans, technical skill aptitude of the employees, business size, etc. The second step is, you should perform your product research comprehensively. Browse over these 1&1 Online Accounting evaluations and explore each of the software options in your shortlist more closely. Such comprehensive research ascertains you drop unfit applications and subscribe to the one that includes all the function your company requires.

Position of 1&1 Online Accounting in our main categories:

TOP 200

1&1 Online Accounting is one of the top 200 Accounting Software products

Companies have diverse wants and requirements and no software solution can be just right in such a scenario. It is pointless to try to find an ideal off-the-shelf software system that fulfills all your business needs. The smart thing to do would be to customize the system for your special needs, worker skill levels, budget, and other factors. For these reasons, do not hasten and subscribe to well-publicized popular solutions. Though these may be widely used, they may not be the best fit for your specific wants. Do your homework, check out each short-listed platform in detail, read a few 1&1 Online Accounting Accounting Software reviews, contact the vendor for explanations, and finally choose the product that offers what you want.

How Much Does 1&1 Online Accounting Cost?

1&1 Online Accounting Pricing Plans:

Free Trial

Invoice

$4.99/month for 1 month then $9.99/month (Plan price for 12 months)

Accounting

$9.99/month for 2 months then $19.99/month (Plan price for 12 months)

Inventory Manager

$19.99/month for 3 months then $39.99/month (Plan price for 12 months)

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What are 1&1 Online Accounting pricing details?

1&1 Online Accounting Pricing Plans:

Free Trial

Invoice

$4.99/month for 1 month then $9.99/month (Plan price for 12 months)

Accounting

$9.99/month for 2 months then $19.99/month (Plan price for 12 months)

Inventory Manager

$19.99/month for 3 months then $39.99/month (Plan price for 12 months)

Three pricing plans are offered for your particular accounting requirements:

Invoice – $4.99/month for 1 month then $9.99/month (Plan price for 12 months)

  • 1 user (access with any device)
  • Quotes & Invoices
  • Send quotes and invoices with just one click
  • Individual quote and invoice templates
  • Overview of customer data
  • Convert quotes to invoices with just one click
  • Automatic sending of reminders

Accounting – $9.99/month for 2 months then $19.99/month (Plan price for 12 months)

  • 3 users (access with any device)
  • Quotes & Invoices + Online Accounting
  • Digitally file and send documents directly with a smartphone
  • Manage your cash book online
  • Separate access for employees and tax advisors
  • Create and maintain an overview of cost centers

Inventory Manager – $19.99/month for 3 months then $39.99/month (Plan price for 12 months)

  • 10 users (access with any device)
  • Quotes & Invoices + Online Accounting + Inventory Manager
  • Up-to-date stock inventory overview
  • Write and dispatch delivery notes in seconds
  • Easily book stock entries and dispatches
  • Check customer and supplier prices

User Satisfaction

Positive Social Media Mentions 81
Negative Social Media Mentions 2

We realize that when you decide to buy a Accounting Software it’s vital not only to find out how experts rank it in their reviews, but also to discover whether the actual clients and businesses that use it are indeed happy with the product. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and 1&1 Online Accounting reviews across a broad array of social media sites. The information is then displayed in an easy to understand form revealing how many customers had positive and negative experience with 1&1 Online Accounting. With that information at hand you should be prepared to make an informed buying choice that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English
  • German
  • Spanish
  • French

Pricing Model

  • Monthly payment

Customer Types

  • Small Business
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for 1&1 Online Accounting?

No available information on integration.

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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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