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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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Recent Reviews

Excellent Tool!

10 out of 10
April 12, 2023
Incentivized
QBO Advanced has all the bells and whistles! We could not ask for any other features. This version of QBO literally handles everything we …
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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

Popular Features

View all 29 features
  • Standard reports (172)
    8.8
    88%
  • Accounts payable (169)
    8.7
    87%
  • Bank reconciliation (167)
    8.3
    83%
  • Custom reports (164)
    8.2
    82%

Reviewer Pros & Cons

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Pricing

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N/A
Unavailable

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.

8.6
Avg 7.0

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 7.9

Reporting & Analytics

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

8.6
Avg 7.6

General Ledger and Configurable Accounting

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

8.1
Avg 7.4

Inventory Management

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

8.1
Avg 7.0

Order Management

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

8.8
Avg 7.4
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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 Credit card processing and Electronic tax filing highest, with a score of 9.

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 and Ratings

(351)

Attribute Ratings

Reviews

(1-25 of 175)
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Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • QBO is intuitive for the new user
  • Can be used by the most novice of accountants
  • Can create custom fields for various reporting
  • Can create classes and locations
  • There are many integrations to banks and payroll companies
  • Not great for multiple entities (more than 3)
  • Progress invoicing reports are substandard and in need of a serious overhaul.
  • POs are missing a major component of approval to pay in the normal accounting world
  • The recommendation for how to handle a bounced check online, creates a duplication of the income, falsely inflating income. Do not let your employees follow those instructions.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
  • The Help function associated with QuickBooks Online Advanced is good but it could be improved. Sometimes it is difficult to use when you do not spell a vendor name, for example, correctly.
  • The Merge feature is very handy for combining duplicate entries, but it would be nice if the operation were available for all users, not just those at the Accountant level.
  • I have noticed that when one makes a deposit with multiple customers, the reports do not list them separately and the customer names are difficult to search for. I have a workaround by typing the customer names in the memo field, but it would be nice if the Name field was searchable and appeared in Reports.
Lisa A Lewis | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User
Incentivized
  • Unlimited GL Accounts
  • Unlimited Classes
  • Unlimited Location tracking
  • Should not make comprehensive changes across the board
  • In my experience, errors seem to be the norm now and support cannot correct
  • In my experience, when tickets are elevated for service, nothing is ever done.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
  • Provides customizable reports
  • Dashboards are quick and easy tools to see a snapshot
  • Easy to use customer database
  • Search functions are good
  • When updates are performed it eliminates the ability to delete or update certain settings, leaving us stuck with invoices going to email addresses that are no longer valid which makes the invoice pop up with delivery issues when there technically aren't any. This crowds the dashboard information.
  • Another update eliminated the ability to make changes in the reference field when notating received payments. Thus, if it was saved with information that needs changing prior to posting the payment we have to take extra steps to delete the entire entry and do it again instead of just changing the reference field.
  • The process for correcting records when a customer payment is rejected by the bank is long and tedious, leaving room for mistakes on the entry end. It would be nice if this could be more standardized and straightforward.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Connects really well to bank systems to easily reconcile bank accounts with books.
  • It is intuitive in pre-filling items such as lines in the chart of accounts.
  • It is user-friendly and makes financial tracking simple.
  • It would be nice if there was a little bit clearer guide in doing journal entries.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • 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.
  • 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.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Auto catagorizing of transactions based on rules or descriptions.
  • Report deep diving, love how you can dive into the data by clicking on the total and seeing the detailed report.
  • Budgeting is simple by using last year numbers.
Solomon E, CIA, CPA, JM, BA Accounting | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • seamless reconciliations with integration into the banking systems
  • Seamless auto recording of credit card payment transactions into the accounting system
  • Performance monitoring tools and custom reporting
  • seamless integration with Bill pay to automate authorization through workflows
  • Automating recording through the applications of rules
  • user access differentiation and security
  • class features doesn't work well when using mobile based payment processor
Joyce J Moore, MBA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • Allows reports to be customized
  • Categorize incoming bank transactions
  • Reconcile and pull in the bank statements
  • 3rd party apps syncing i.e. PayPal
  • Improving the QuickBooks Checking Account by adding real time transfers
  • Bank Syncing loses the connection too often
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Report details for specific periods
  • Ability to update information easily for clients and vendors
  • Banking info that's current and up to date for reconciliations
  • For billing, I wish you could choose which options show so as not to choose "CREDIT MEMO" (for example) when needing SALES RECEIPT, etc.
  • As above, be able to tailor your various pages to reflect only the things you actually use
  • Only PURCHASE features that you actually NEED vs the entire package of everything you don't ever use.
April 12, 2023

Quickbooks

Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • Estimates
  • Invoicing
  • combining the invoicing and payment option into one feature
  • customer service is hard to use because they offshore their phone reps, hard to understand and often get no resolve to issues
  • We had a problem with a notification that somebody had requested another account in our company name and I called in to report that we had not requested another account, I was advised they would get back with me, which never happened
  • My major complain is lack of good english speaking customer support and their lack of follow through on issues that do arise. It's like they don't care because they are so big.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • easy online access
  • formatting chart of accounts and sub accounts
  • custom reporting
  • export to Excel and Google sheets
  • bank feeds
  • custom color scheme
  • hiding features we don't use
  • deleting accounts instead of hiding them
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Keeps track of all business expenses
  • Profit and Loss Calculations
  • Reports generation
  • Easy reconciliation tools
  • Reports generation, more interactive
  • sometimes its difficult to connect banking info
  • Integration is difficult sometimes
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