Item: QuickBooks Online Advanced
Rating: 10
Author: Michael Ruscio

Use Cases and Deployment Scope

We service many clients for taxes, bookkeeping, and financial analysis. QBO is a great tool to keep those clients organized. Most of our work is centered around classifying transactions and then providing year-end data for tax filing. We also offer consulting services for businesses that are too small for a formal CFO, which the QBO reporting does an adequate job facilitating.

Pros and Cons

Predictive classification
Predictive transaction matching
Reporting

CSV data export to pivot data would be nice
more options for period comparisons in reports
a "pivot" report option

Return on Investment

Saves time
Saving time saves money
Insights into financial performance

Implementation

It just kinda happened. But it was easy to adapt to.

Cloud-Based System

All of our team is remote and has been remote.

Industry-Specific Uses

It makes it so we can literally serve clients around the world.

Alternatives Considered

I've used Great Plains, PeopleSoft, and a couple of Oracle products over the years...they wish they were as easy to use as 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

Other Software Used

Oracle Access Management, Infor M3 (formerly Lawson Intentia), Microsoft 365 (formerly Office 365)

Likelihood to Recommend

QBO is easy to use, is easy to set up, and easy to maintain. My mother who is pushing 80 even finds it easy to use. The thing I find impressive is that you can make it useful for big and small businesses. We have some businesses that do less than 50 transactions a month and others that are complicated with payroll, inventory, et cetera and it doesn't feel like QBO is overkill or lacking in complexity for either type of client.

GET THIS!

Overall Satisfaction with QuickBooks Online Advanced