The perfect scalable alternative for a growing business.
February 27, 2022

The perfect scalable alternative for a growing business.

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

Overall Satisfaction with QuickBooks Online Advanced

As a small business, we use Quickbooks Online Advanced for 3 main purposes, however, we could use it for many more if we needed to. 1. We use it to issue invoices and payment receipts. This also helps us to have a complete database of our customers and to generate useful management reports. 2. We use it to run monthly payrolls. It also helps us to have a complete database of our employees and to generate useful management reports. 3. Through a bookkeeping service provider, we use QB for our bookkeeping needs, for VAT returns, among other internal and legal needs.
  • Issuing Invoices.
  • Running payroll.
  • Bookkeeping.
  • Integration with other platforms and services.
  • More flexibility when creating branded formats.
  • Sporadic bookkeeping bugs
  • Simplified/User friendly bookkeeping for startups.
  • Multiple services in one has saved us money.
  • Multiple services in one has saved us time.
  • Being widely used by accountants has allowed to easily scale up our operation.
Going straight to QBO Advanced might be a little overwhelming unless you are an experienced accountant and have used similar platforms in the past. Therefore, I would recommend starting with the basic version and only upgrading to the advanced one when your operation can actually benefit from it or when you really start needing the extra features.
Small businesses operations and their management dynamics are not usually complex enough to require specialized software for everything, and this is where platforms such as QBO advanced can help you address multiple needs at once. This doesn't mean that QBO Advanced isn't a good fit for larger businesses, it just means that it has many features that you can scale up or down as needed.

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

I would recommend a simpler version of QuickBooks to the Self Employed and Start-up Managers, however, the Online Advanced version is perfect for a little more experienced and tech-savvy users, as it could go a long way in terms of centralizing many business' needs while having a wide range of alternatives for integrating with other platforms.

QuickBooks Online Advanced Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
Not Rated
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
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
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
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
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated