Item: QuickBooks Online Advanced
Rating: 9
Author: Verified User

Overall Satisfaction with QuickBooks Online Advanced

Use Cases and Deployment Scope

QBO Advanced is used to send recurring invoices to our contractors, track accounts receivables, and payables. The problem faced the constant amount of data entry, which QBO has helped to reduce and automate much of it. Highly recommend this product as it will give you reports - which are completely customizable.

Pros and Cons

Pros

Recurring Transaction
Customer Statements
Aging Reports
Profit & Loss
Balance Sheet
Budgeting

Cons

Batch add vendors
Improve Sales Tax by taking into account journal entries
Batch edit transactions
Ability to have same name for vendor and client
Batch edit vendor/customer name

Return on Investment

Decreased amount of data entry
Increased cash flow projections
Increase pulling aging reports on demand

Implementation

QBO was extremely easy to adopt and embrace. The interface is very clean and straightforward. With the option of adding users and permission, it helps to keep unique logins across users.

Cloud-Based System

Extremely easy and amazing to use. The numbers go with you anywhere you go.

Industry-Specific Uses

Solves the need to use Excel or some manual method for tracking down receivables or finding payables. Makes tax season a breeze.

Alternatives Considered

Zoho Books

Zoho lacks a lot of the integrations that currently exist for QBO. Makes data entry much easier on QBO.

Key Insights

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

Likelihood to Recommend

QuickBooks is well suited for recurring transactions. However, inventory management can be worked on as it is a very basic feature.

QBO Advance Review