QuickBooks Online Advanced FAQ Detail
551 Reviews and Ratings
Procurement and Software Evaluation Process
15 citations from LLM engines
When evaluating QuickBooks Online Advanced, procurement professionals and department managers should consider several key areas highlighted in TrustRadius reviews. The implementation process receives mixed feedback; it can be simple when upgrading from a basic version, but challenging when migrating from desktop software. Reviewers confirm the platform's ability to act as a comprehensive system for core accounting, invoicing, and reporting functions. Key benefits to justify the ROI include its cloud-based accessibility for remote collaboration and the potential to consolidate and eliminate other applications. However, evaluators should verify that all necessary features from desktop versions are present and that the software meets any specific industry needs. Finally, the product's large market share is seen as an advantage for finding experienced staff.
Prompt Questions
how should procurement professionals evaluate vendor lock-in risk when selecting an advanced cloud accounting platform?
what should an internal evaluator test during a proof-of-concept for advanced cloud accounting software before recommending a switch?
what questions should procurement ask before signing a contract for advanced cloud accounting software with a uk-based vendor?
how can a department manager justify the roi of upgrading to advanced accounting software to senior leadership?
what should i check before purchasing an advanced accounting software subscription for a uk company with multiple departments?
what should a power user check before their company purchases an upgrade to advanced accounting software?
Implementation and Transition
4 mentions▼Reviewers report varied implementation experiences. Some find it easy to implement or upgrade from a basic version. How…
Reviewers report varied implementation experiences. Some find it easy to implement or upgrade from a basic version. However, others migrating from the desktop version note challenges, including a lack of support and a potential increase in the time required for daily tasks.
“We were already using the basic version, so upgrading to QuickBooks Online Advanced required little setup or training.”
“When we swapped from QBD to QuickBooks Online Advanced, I felt very unsupported. I also felt like I was expected to know everything, and I couldn't look back at QBD to verify.”
“It was very easy to implement the use of QuickBooks Online Advanced.”
“As bookkeeper, after switching to QuickBooks Online Advanced from Quickbooks desktop, my required time to complete daily tasks in the software rose by 50%”
Comprehensive Financial Management
4 mentions▼Evaluators should consider the software's capacity to serve as a central hub for financial operations. Reviewers indica…
Evaluators should consider the software's capacity to serve as a central hub for financial operations. Reviewers indicate that companies use it as their main accounting system for a wide range of tasks, including invoicing, time tracking, purchasing, accounts payable/receivable, and reporting.
“We use QuickBooks Online Advanced as our main accounting software.”
“Quickbooks Online Advanced is used company-wide for accounting, invoicing, accounts payable, accounts receivable, financial reporting and cash management.”
“QuickBooks Online Advanced is our accounting system of record and invoicing platform.”
“All financial aspects of our business filter through QuickBooks Online Advanced: invoicing, time tracking, reporting, purchasing.”
Cloud-Based Access and Collaboration
2 mentions▼A key benefit to evaluate is the cloud-based nature of the platform. According to reviewers, this facilitates easy acce…
A key benefit to evaluate is the cloud-based nature of the platform. According to reviewers, this facilitates easy access for remote work and audits, and enables collaboration among employees in decentralized organizations.
“Having QuickBooks Online Advanced in a cloud-based format makes it easy for me to log in where needed to access information, especially during an audit.”
“We have a decentralized organization with employees based in various locations. The ease of use of a cloud based system like QuickBooks Online Advanced allows for easy collaboration”
Cost-Value and ROI Justification
1 mention▼To justify the investment, reviewers point to the software's value and potential for consolidation. It is described as…
To justify the investment, reviewers point to the software's value and potential for consolidation. It is described as a robust package without an exorbitant cost, and some reviewers note their organization was able to eliminate several other applications by adopting it.
“We just needed a robust accounting package without an exorbitant cost.”
“QuickBooks Advanced allowed our 501c3 charity to eliminate quite a few applications since this product covers all features that we need and use.”
Potential Feature Gaps to Verify
2 mentions▼During a proof-of-concept, reviewers suggest checking for specific features. Some users migrating from the desktop vers…
During a proof-of-concept, reviewers suggest checking for specific features. Some users migrating from the desktop version found that not all features were carried over. Others mentioned that the software may not address the specific needs of certain industries.
“QuickBooks Online Advanced did not have all the features the desktop had that made the accounting seamless.”
“It does not address specific industry needs. We often talk about how an accounting software should be made specifically for the Personal Injury law firm model.”
Market Position and Staffing Advantages
2 mentions▼Procurement professionals can consider the product's large market share as a factor. Reviewers note this makes it easie…
Procurement professionals can consider the product's large market share as a factor. Reviewers note this makes it easier to find new employees who already have experience with the software. It is also described as a reliable, established choice in the market.
“It’s the old reliable of accounting softwares for a reason.”
“QuickBooks Online Advanced has a large market share of accounting software in use, so it is relatively easy to find new employees with prior experience with QuickBooks Online Advanced.”
Showing top 6 topics · 16 total quotes across all topics
- Usability for Non-Finance Managers and Staff
- Implementation, Migration, and User Adoption
- Revenue Reporting and Forecasting for Sales Leaders
- Security, Data Governance, and Compliance
- Comparing Standard vs. Advanced Software Tiers
- Pricing, Hidden Costs, and Contract Terms
- Project, Job, and Work-in-Progress Costing
- Features for Professional Services Firms
- Sales Performance, Commission, and Profitability Tracking
- Multi-Currency Transaction and Invoicing Features
- Managing Multiple Entities, Locations, or Franchises
- API, Integrations, and Developer Tools
- QuickBooks Online Advanced vs. Competitors
- QuickBooks Online Advanced Pricing and Included Features
- QuickBooks Online Advanced Customer Support Quality
- Features for Healthcare and Social Care Organizations
- Is Advanced Software Right for a Growing Business?
- Tracking Recurring Revenue and Subscriptions