New in QuickBooks Online: See how your Income and Expenses stack up against businesses like yours
Have you ever wondered how other businesses like yours are doing in this down economy? Or whether you’re spending as much to acquire customers as your competition?
QuickBooks Online can now help you answer these questions and more with the new Trends feature, available in QuickBooks Online Plus.
Trends compares your business to others based on peer group classifications. You can:
- View your Income and Expense trends over time
- Compare yourself to your peer group
- Customize the comparison by Industry, Location, and Annual Income
Cool huh? This is accessible via a link in the upper right hand corner of the Company Snapshot page (under Reports).
It gets better! Want to see a comparison of individual account breakdowns? No problem. Simply select the “Details” option under both Income and Expenses to reveal a horizontal bar chart with individual account categories. This allows you to compare something like your Cost of Goods Sold (COGS) with people like you…maybe Health Care Services businesses in Arizona making $100k-$250k or Service businesses in California making less than $50k. See the Trends!
If you have any comments, thoughts, or suggestions on what else you would like to see from Trends, please leave a post with your feedback, or better yet, visit the Trends page and click on the “Beta” logo to leave your input!!
(To access Trends: Go to the Reports Tab => select Company Snapshot => click on the “Compare me to similar businesses” link)
February 19, 2010 at 7:58 am
Again I see that QB is promoting its new snapshot but why are you promoting a product or feature that does not work? I have writteb to support and told that it is in process but as of 2 min ago the feature STILL DOES NOT WORK OR SHOW ANY USEFUL DATA.
Either get it work properly or take it out of the online reports
February 22, 2010 at 3:47 pm
Dave,
Thanks for notifying us of your struggles. We have identified the particular problem you are experiencing, and expect to have the resolved solution out in product shortly. Just hang in there!
April 7, 2010 at 8:37 am
The “Company Snapshot” looks like it would be a great product, especially the comparison to other companies, except it doesn’t work. All I get is a blank screen when I click on the snapshot tab.
April 7, 2010 at 4:05 pm
Vernon,
We actually recognized a bug similar to what you’re describing with some users back in February and fixed it. Have you tried accessing Company Snapshot since then? If so, and it still isn’t working, we’ll take a closer look at your issue.
Thanks,
Bryan