QBO is ideal for companies up to $50 million in annual revenue with rich internal features and functions. There are applications which can enrich QBO for specialized areas, industries and needs such as revenue recognition, inventory and timesheets, to name just a few.
QBO is not for you if you like having dedicated hardware and relish updating the systems at inconvenient times. QBO is for you if you just want an accounting system which is cloud based and updates continuously so that you can concentrate on your business.