QuickBooks makes quick work of a lot of repetitive tasks
October 29, 2019

QuickBooks makes quick work of a lot of repetitive tasks

Jerry Lisman | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Desktop Premier

We utilize QB Desktop Premier for several of our companies. We manage our inventory, all accounting functions and payroll for most of our companies. We like the ability to generate reports by specific dates and not be forced to report based on a calendar month. We just began using QB for a new acquisition that has accounting software including its operational software but wants standardize our financial reporting across all our portfolio companies.
  • Specific date reporting - This is especially important when comparing sales for specific holiday seasons.
  • The copy feature is very important since we send the exact same orders to various branches of our customers. A very big time saver.
  • Credit card processing is so easy and seamless. Pick the customer, amount and you're done!
  • I would like to see more standard reports and an easier way to review them. It seems to be a slow process when looking at contributed reports.
  • Inventory usage reports need to be more robust and provide some usage projections. We export inventory data to Excel for review and analysis.
  • The P&L reports sometimes get a little funky with number alignment.
  • QB provides the data for us to prepare our monthly and quarterly banking/partner reports and projections.
We reviewed Sage 50/Peachtree and went with QB because of date flexibility in reporting.
We like QB Premier because it is easy to learn for our smaller portfolio companies but powerful enough to support our multi-divisional portfolio companies. Many of our companies are only using a small portion of the features.

QuickBooks Desktop Premier Feature Ratings

Accounts payable
8
Accounts receivable
9
Cash management
8
Bank reconciliation
8
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
8
Regulations compliance
Not Rated
Electronic tax filing
5
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
8
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
5
Automatic reordering
Not Rated
Manufacturing module
8
Pricing
6
Order entry
6
Credit card processing
9
Cost of goods sold
8
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
8
Benefit plan administration
Not Rated
Direct deposit files
7
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
6
Standard reports
8
Custom reports
8
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated