QuickBooks Online Advanced - your one stop shop for financial control
February 26, 2021

QuickBooks Online Advanced - your one stop shop for financial control

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Online Advanced

I love QuickBooks Online Advanced. We are a young and scrappy startup and don't have huge accounting teams to support us at this point in time.
Having QBO Advanced helps me as I manage all of our financials, and is extremely useful as I provide updates to our board and investors. I have complete confidence that this is the best product on the market, is extremely intuitive to use.
We use it for our financials statements.
  • Allows for clear GAAP documentation.
  • Great Audit history if there were mistakes made.
  • Allows for collaboration with external entities.
  • I'm happy with QBO and don't have any cons about it
  • Allows for clear tracking on Op Model.
  • Provides confidence in ensuring bank and credit cards are reconciled.
  • Great use for ensuring that we are tax compliant.
It was very easy to start. My predecessor implemented it, but I was able to get up and rolling after a few hours of training.
This has been great for us to manage our accounting practices during covid and with everyone working from home.
It addresses all basic business needs.
This is a great product for startups where individuals may or may not have full finance or accounting experience. It allows them to create their financials and track inventory in a clear and concise way, which is very useful.

This is also good for all small to medium businesses as they are looking to streamline their processes.

QuickBooks Online Advanced Feature Ratings

Accounts payable
4
Accounts receivable
8
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
10
Self-service portal
10
Primary and Secondary Ledgers
10
Intercompany Accounting
10
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
10
Inventory tracking
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Dashboards
10
Standard reports
10
Custom reports
10
API for custom integration
10
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
10