QuickBooks Saves the Day!
July 13, 2020

QuickBooks Saves the Day!

Arcoma L. Lambert | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Desktop Enterprise

We use QB in all of our businesses. We have used QB for a long time, both the Desktop and Online versions. It interfaces well with our other programs, exports well to Excel, and has been very easy to export for taxes and other purposes. We pull reports every couple of months to redirect our marketing budget.
  • Reports.
  • Tax prep.
  • Budgeting.
  • Interface with TurboTax.
  • Difficulty posting payments.
  • Sometimes missing payments.
  • Saves A LOT OF TIME.
  • Integrates well with LARGE banks.
  • Reconciliation is a snap.
  • Reports are easy to get to and produce.
QuickBooks saves time, labor hours, delay in processing, quick reports to keep things on track, and allows us to budget the company. We have 5 S-corps, so keeping everything straight is essential to functioning on a daily basis. Because of the reports, we are able to project future outcomes and have a good idea where we should spend more or less time and money resources.
I had to do a lot of tutorials at the beginning and learning it was not seamless. It is a complex program with many bells and whistles. I didn't know what I needed at that time, so I was trying to use everything. Once I realized that the basic program capabilities was all I needed, I felt better and my learning curve tightened.
Budgeting is the only real benefit that we appreciate the most...just being able to track our expenses and know what is bringing the income, what expenses have a return that is worth it, has been a game-changer. As they say, what gets tracked will get maximized...and this allows us to track everything, where it is coming from, where it is going, what the ROI of a certain business campaign is producing.
Quickbooks Online, which is a more streamlined product, but it works great and it is super portable. Neither of them are very well integrated into the TurboTax software, even though they say they are. I have given feedback many times about how the integration from QB to TurboTax and Mint.com are very flawed.
QuickBooks Desktop has to be updated...every year to every couple years, for which you have to pay an additional fee. QuickBooks Online is a better product because it is always updated and you pay as you go.
Also, on its integration with TurboTax, it is not possible to upload the transactions unless you are using the same computer you do QB on...which means my bookkeeper can't upload from QB.

QuickBooks Desktop Enterprise Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
9
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
9
Electronic tax filing
3
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
9
Benefit plan administration
Not Rated
Direct deposit files
9
Salary revision and increment management
9
Reimbursement management
9
Dashboards
8
Standard reports
8
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated