Excellent, easy to use accounting software
February 26, 2021

Excellent, easy to use accounting software

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Online Advanced

We are a small company, so QuickBooks is being used by only a few users. We required an accrual-based accounting software that two users could conduct day-day operations with and others could reference.

Pros

  • Bank Account/Credit Card linkage saves a lot of time.
  • Easy to search for many different transactions, customers or vendors.
  • Integrated bill-pay is extremely time saving.

Cons

  • Primary dashboard lacks customization abilities.
  • Like any new software, has a slight learning curve.
  • Some commonly required information can be difficult to find.
  • As owner, most of the benefit has come from time saved.
  • Current cash position is more accurate due to account linkage.
  • Price is similar to other accounting software.
The software is relatively easy to use, but there is no magical implementation process. I don't fault QuickBooks for this, but it is something to be aware of. You will need to spend considerable time making sure your account balances align with your previous statements. I did not find much advantage to QuickBooks compared to other software in this regard.
QuickBooks has been extremely reliable as a cloud based software. I have only had one instance where I could not immediately access our information. This has been a major advantage over the client-server software we previously used.
We don't have any industry specific considerations that QuickBooks specifically addressed. Unfortunately, there is no way to align our licensing process (sales) with this accounting software.
QuickBooks has been a significant upgrade over Sage50. We have not encountered any of the stability or licensing issues we encountered with Sage. The software is also much faster and easier to navigate. There are certain pieces of information that used to take much longer to retrieve from Sage.
QuickBooks Online Advanced saves considerable time for organizations that [has] transactions from many different customers and vendors. Reconciliation has a different flow to it compared to other accounting software, so be prepared for a little adjustment. There are many different roles that can be defined, but this is a feature I have not utilized much. A larger company may find this setup to be a little confusing.

QuickBooks Online Advanced Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
9
Expense management
7
Time tracking
7
Multi-currency support
5
Multi-division support
5
Regulations compliance
6
Electronic tax filing
7
Self-service portal
6
Primary and Secondary Ledgers
7
Intercompany Accounting
6
Journals and Reconciliations
8
Enterprise Accounting
6
Configurable Accounting
7
Centralized Rules Framework
6
Standardized Processes
8
Inventory tracking
8
Pricing
7
Order entry
8
Credit card processing
9
Dashboards
7
Standard reports
8
Custom reports
7
API for custom integration
7
Plug-ins
8
Role-based user permissions
8
Single sign-on capability
7

Comments

More Reviews of QuickBooks Online Advanced