QuickBooks Online Advanced is a great small business accounting solution
December 02, 2021

QuickBooks Online Advanced is a great small business accounting solution

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

Overall Satisfaction with QuickBooks Online Advanced

We use QuickBooks Online Advanced to do all of the accounting and bookkeeping functions for our business. Additionally, we use its invoicing function in conjunction with other providers. We are also starting to use the QuickBooks Cash (online bank) functionality. Overall it allows [us] to keep tabs on the daily/weekly performance of our business and QBO has made great strides in the user experience and functionality in the past several years.
  • P&L / Balance Sheet
  • Management of multiple bank accounts
  • Tracking of KPIs
  • Edits could be easier to do
  • Option to track user activity would be nice
  • Makes our accounting/bookkeeping process more efficient
  • Saves time with our accounting professional
  • On-demand production of reports
As an online platform, implementation was exceptionally easy for our organization. I am able to access our QBO dashboard from my desktop, laptop, and iPad, and the transition from one machine to the other is relatively seamless.
I am the primary user, along with our accounting professional. I have been able to access seamlessly from multiple locations including my office, our business locations, and our accounting professional is able to have complete access from their office as well. We have never had any online access issues at any location.
We were in need of a robust, yet affordable accounting and budgeting solution and QuickBooks Online Advanced provides this and more (with its access to our bank accounts and native online banking service).
We had previously (7+ years ago) used a very basic version of FreshBooks for our accounting needs. This was in the startup phase of our business, and we quickly discovered we needed something more robust, which at the time was QuickBooks Online Advanced. QBO Advanced represents a significant improvement in functionality and value for us.

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?

Yes

Would you buy QuickBooks Online Advanced again?

Yes

QuickBooks Online Advanced is well suited to small business environments. Its functionality and availability of FAQs, tutorials, and online help services make it ideal for small business owners on the go. Additionally, we've found that it allows a good deal of online collaboration with our CPA.

QuickBooks Online Advanced Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
10
Bank reconciliation
10
Expense management
8
Time tracking
4
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
7
Self-service portal
9
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Journals and Reconciliations
9
Enterprise Accounting
7
Configurable Accounting
10
Centralized Rules Framework
Not Rated
Standardized Processes
9
Inventory tracking
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
8
Dashboards
10
Standard reports
10
Custom reports
10
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
8