Good for organizations that don't require a lot of customization
June 28, 2021

Good for organizations that don't require a lot of customization

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

Overall Satisfaction with QuickBooks Online Advanced

We use this system across our entire organization to manage our financial reconciliations and reporting. It addresses the reconciliation of our bank accounts, allocation of expenses by project/funder, as well as identifying the various accounts associated with those expenses.
  • Bank transaction matching
  • Bank reconciliations
  • Financial statements/reporting
  • Journal entries
  • Allocation of staff time
  • Migration from one company/QBO purchase to another
  • Allocating expenses directly to our grant funding
  • Access to more classes to track more projects/grants
  • Advanced bank linkage/reconciliations
The only real issue I had in making the switch from basic QuickBooks Online to QuickBooks Online Advanced was migrating my information from our existing account to the Tech Soup purchase of QuickBooks Online Advanced that we were gifted. We ultimately ended up having to buy an additional license, which wasn't ideal but I've appreciated the increased features.
I am the primary user; we only have one other person who uses it on a regular basis but we haven't run into any issues in using it in different locations.
It doesn't really address industry-specific needs as it relates to a non-profit. It functions but you can tell the platform was made for for-profit, so the way in which it addresses non-profit-specific issues is clunky.
I haven't used any other comparable products to make a fair assessment. Prior to my using QuickBooks Online Advanced, I worked with very large organizations that had proprietary accounting systems built internally.

Do you think QuickBooks Online Advanced delivers good value for the price?

Yes

Are you happy with QuickBooks Online Advanced's feature set?

Yes

Did QuickBooks Online Advanced live up to sales and marketing promises?

Yes

Did implementation of QuickBooks Online Advanced go as expected?

No

Would you buy QuickBooks Online Advanced again?

Yes

It's really good for small or medium organizations that don't require a great deal of customization. While the functionality isn't impacted, for organizations that have both donors and traditional sales invoices, there is only one set of nomenclature available for use when it comes to these sort of transactions, which can be confusing.

QuickBooks Online Advanced Feature Ratings

Accounts payable
8
Accounts receivable
9
Cash management
2
Bank reconciliation
10
Expense management
9
Time tracking
1
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Journals and Reconciliations
8
Enterprise Accounting
Not Rated
Configurable Accounting
2
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Dashboards
6
Standard reports
10
Custom reports
9
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
10