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QuickBooks Online Advanced

QuickBooks Online Advanced

Overview

What is QuickBooks Online Advanced?

QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.

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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

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Pricing

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What is QuickBooks Online Advanced?

QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://quickbooks.intuit.com/online/ad…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

What is QuickBooks Online?

QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.

What is QuickBooks Desktop Enterprise?

QuickBooks Desktop Enterprise is a widely-used accounting package designed for small to mid-sized businesses. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999…

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Features

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

8.8
Avg 7.5

Security

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

8.2
Avg 8.2

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

8.6
Avg 7.8

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

8.4
Avg 7.7

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

8.5
Avg 7.3

Order Management

The ability to process orders, and track them from quote to cash.

9.2
Avg 7.7
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Product Details

What is QuickBooks Online Advanced?

QuickBooks Online Advanced is cloud-based, SaaS accounting software designed to simplify accounting for mid-size and growing businesses. QuickBooks Online Advanced includes all the core accounting features of QuickBooks – and is enhanced with tools like customizable business analytics, visual cashflow and revenue dashboards, custom user roles for 25 users, and online back-up and restore. Automated workflows and batch invoicing help to save time and reduce cost. The mobile app gives employees real-time data access across multiple locations, and mileage tracking. Premium care, on-demand training and 24/7 U.S.-based technical support is included with Priority Circle membership. Non promoted price is $150/month for up to 25 users, unlimited chart of accounts and classes & locations.

QuickBooks Online Advanced Features

General Ledger and Configurable Accounting Features

  • Supported: Accounts payable
  • Supported: Accounts receivable
  • Supported: Cash management
  • Supported: Bank reconciliation
  • Supported: Expense management
  • Supported: Time tracking
  • Supported: Multi-currency support
  • Supported: Multi-division support
  • Supported: Regulations compliance
  • Supported: Electronic tax filing
  • Supported: Self-service portal
  • Supported: Primary and Secondary Ledgers
  • Supported: Intercompany Accounting
  • Supported: Journals and Reconciliations
  • Supported: Enterprise Accounting
  • Supported: Configurable Accounting
  • Supported: Centralized Rules Framework
  • Supported: Standardized Processes

Inventory Management Features

  • Supported: Inventory tracking

Order Management Features

  • Supported: Pricing
  • Supported: Order entry
  • Supported: Credit card processing

Reporting & Analytics Features

  • Supported: Dashboards
  • Supported: Standard reports
  • Supported: Custom reports

Customization Features

  • Supported: API for custom integration
  • Supported: Plug-ins

Security Features

  • Supported: Role-based user permissions
  • Supported: Single sign-on capability

Additional Features

  • Supported: Cloud-Based
  • Supported: Mobile App
  • Supported: Workflow Automation and Reminders
  • Supported: Customizable Charts/Dashboards

QuickBooks Online Advanced Integrations

QuickBooks Online Advanced Competitors

QuickBooks Online Advanced Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android, Mobile Web
Supported CountriesUnited States of America
Supported LanguagesEnglish

Frequently Asked Questions

QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.

FreshBooks and Xero are common alternatives for QuickBooks Online Advanced.

Reviewers rate Order entry and Primary and Secondary Ledgers highest, with a score of 9.3.

The most common users of QuickBooks Online Advanced are from Small Businesses (1-50 employees).
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Comparisons

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Reviews From Top Reviewers

(1-5 of 20)

Suitable Accounting Software for Most Businesses

Rating: 8 out of 10
September 30, 2022
I used to be the bookkeeper, CFO, and Financial Manager of my Real Estate Brokerage, however the role got too big for me and I've contracted with a third party Bookkeeping service. Having QuickBooks Online Advanced made that transition extremely easy. They were able to plug into all of my accounting history, accounts, and various transactions that needed updating and organization. Very easy transition.
  • Transaction Organization
  • Historical Addendums and AJE's
  • Reporting Details
  • Many third party companies are adapt and familiar
Cons
  • It could be simpler for beginners
  • Sometimes the reconciliation module can be a bit confusion with online syncing and the data brought over.
  • Never been a fan of the interface. It's a personal preference to have things more "data entry" correlated.
Previous reasons listed as it seems to be a universal application amongst many companies. Easy transition to using third party accountants or if you were doing a Merger and Acquisition it makes the transition easy. Most CPA/Tax Attorney's seem to be proficient in it's use as well. Easy banking syncing is a nice feature saving time.

Real User Review

Rating: 10 out of 10
March 01, 2022
Vetted Review
Verified User
QuickBooks Online Advanced
15 years of experience
Using it as core accounting and finance backbone to close the books
  • Multiple entity management along with multi user management
  • Auto bank suggestion match
  • Network speed
  • Fast support with technical issues
Cons
  • ERP level integration
  • More advanced third party integration
  • Robust automation across all accounting functions
Small to mid with moderate size number of transactional volume. anything behind that, ERP is the solution

QuickBooks Online Advanced fit us like a glove!

Rating: 10 out of 10
February 26, 2021
KR
Vetted Review
Verified User
QuickBooks Online Advanced
1 year of experience
QuickBooks Online Advanced met all of our needs for an accounting/finance software package. We were looking to move to the cloud and needed something that would allow us to track multiple locations (through classes) along with solid inventory management. We love the Fathom integration and the ease of use. It has allowed us to have much more flexibility and balance in our work environment. We've been able to reduce our workload and provide the stakeholders more accurate and timely information.
  • Fathom reporting and analysis integration
  • Cloud availability
  • Integration with numerous apps
Cons
  • Additional workflow for vendor bills
QuickBooks Online Advanced is very well suited for businesses that are on the move, with people outside the office and/or with multiple offices. It is a complete package for the small to mid-sized business that offers payroll, automated sales tax, simple inventory management, and comprehensive reporting and analysis. It would not be appropriate for a business that manages multiple inventory locations or where extremely tight transaction controls are necessary (SEC filer).

Nonprofit enjoy using QuickBooks Online Advanced

Rating: 9 out of 10
December 03, 2024
Vetted Review
Verified User
QuickBooks Online Advanced
5 years of experience
We use QuickBooks Online Advanced for all our accounting and financial management needs, including vendor and customer/donor records, accounts payables, payable tracking, bank reconciliation, cash management, financial reporting, annual budgeting and YOY key financial metrics comparisons.

Before implementing into QuickBooks Online, we hired a third-party bookkeeping firm to manage our accounting and financial records, but encountered many issues, including making errors not caught by the previous accounting team. Once moved the functions in house, things have been smooth and the annual audit process and result have been great. Thanks QuickBooks Online!
  • Having unlimited Class, so we can use the classes to track projects balances and transactions.
  • Can allow more users to manage the same books
  • Link directly to bank accounts and receive transactions records on real time.
Cons
  • Don't like the new format of the reports, having to always select the classic views
  • Hope the QuickBooks Online Advanced can create/improve its module for non-profit organizations, such as the financial statements layouts.
What I think the QuickBooks Online Advanced is well suited:
1) Easy to use and effective to navigate while satisfying our financial and accounting functions' needs
2) We upgraded the version from the QuickBooks Online to QuickBooks Online Advanced is solely for the unlimited classes that we use to track the different projects/programs that are essential to our non-profit organization.

QuickBooks Online Advanced is the keynote of a properly run business!

Rating: 10 out of 10
April 12, 2023
Vetted Review
QuickBooks Online Advanced
5 years of experience
QuickBooks Online Advanced is a fantastic program. I use it every day and help my clients gain detailed insights into their financial records so they can better manage their company. It is streamlined and very user friendly. I can't recommend it enough!
  • Batch Invoicing
  • Project & Class Tracking
  • Custom Reports
Cons
  • Third Party App Integration
  • Mid project invoicing/ progress invoicing/milestone invoicing
My clients that work in construction really like using the Project tracking feature in QuickBooks Advanced Online. It provides detailed insights into their profitability by project and helps my clients properly manager their businesses to achieve success.
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