On Wednesday, software developer Intuit announced the launch of its QuickBooks Online web application for Apple's iPhone and iPod touch handsets.

According to iLounge, the web application allows users to view balance sheets, profit and loss reports, bank accounts, credit card balances, vendor, customer and employee lists, accounts receivable and payable and QuickBooks Online contact information.

The service, which can be signed up for here, begins at US$10/month.

If you've tinkered with the QuickBooks Online application for the iPhone or iPod touch, let us know what you made of it over in the comments or forums.