QuickBooks Online is so Easy to Use!
Updated April 11, 2023

QuickBooks Online is so Easy to Use!

Daysi Aileen Lizardo Mosquea | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Online Advanced

I handle the company's accounting and bookkeeping, I register bills, match bank transactions through the feeds to have with our different banks, we also have integrated with Tipalti and WooCommerce. I create invoices and send them through QuickBooks Online. I generate financial reports, create recurring transactions for amortizations and depreciation. Something that I would like to see is to be able to import CSV files for large journal entries, so far I haven't seen that feature. I like the availability there is for training and certification, which I'm definitely looking forward to. I like how is easy to use, how it can connect to vendors and customers through every type of document that you create and how easily I can track transactions and run reports. Reconciliations a greatly fast given the match transaction options, which takes away the struggle for period closing. Overall I love this software and definitely recommend it.

Pros

  • Bank transactions matching
  • AR Tracking
  • Financial Reporting
  • Vendor and Customer management

Cons

  • Files importing for Journal Entries
  • International bank feed expansion
  • Filters in bank feeds specially for PayPal historical transactions
  • Has allowed us to track AR due balances for better collection follow up
  • Has allowed us to integrate with other softwares to automate some billing processes
  • Has allowed us to connect bank feeds to the software which saves us reconciliation time
I personally wasn't with the company at the time of implementation, but when I started, I've already had some experience with Quickbooks Desktop which made it easier to settle in. Nonetheless, it was really easy to pick up the pace with this program since it is very easy to use and understand.
So far it's been great, I mean the company is located in the United States, but as the Accountant, I live in the Dominican Republic and geolocation has never been an issue for me to connect and use it. The experience has been great, I've been able to use all the features with no issues.
For our specific industry, there's nothing that I could pinpoint, but for the things that we need like inventory tracking for our merch and transaction management overall it has been great. Also, the financial reporting is very easy and the dashboard is really helpful, although I wish they had more financial indicator features to generate more charts and compare with the industry we're in.
I have used it in other places I've worked with Microsoft Dynamics GP, but I know this is a more complicated one, and unlike QuickBooks, it manages each module (AR, AP, Finance, Purchasing) separately, like the connection between modules is not as easy as it is in QuickBooks Online. That's why I like this program so much.

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?

I wasn't involved with the selection/purchase process

Did implementation of QuickBooks Online Advanced go as expected?

I wasn't involved with the implementation phase

Would you buy QuickBooks Online Advanced again?

Yes

It is well suited for AR and AP management, bank reconciliations, and financial reporting. I don't have experience yet in payroll or 1099 tracking but I've seen the option which is great whenever we consider using it. Transaction reports are very easy to generate and overall the system is very user-friendly.

QuickBooks Online Advanced Feature Ratings

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

Using QuickBooks Online Advanced

3 - CFO, Junior Accountant and Controller
2 - Accountants with AP and AR management, knowledge in general accounting for bank reconciliations, inventory management and tracking. People that are able to generate and create reports for departments and can track budget execution.
  • Financial Reporting
  • Expense Tracking
  • Revenue Recognition
  • Cash Flow tracking
  • Budget Tracking
  • Integration with Analytic Platforms
  • Exporting to Google Sheets
  • Integration with CRM platforms for Invoicing
  • Budget/Actual Comparissons
  • Inventory Management
  • Time Tracking for Client Projects
Because this is the platform that has all of our company financial data and we trust that QBO will continue to grow and offer more features that can adapt with our company grow

Evaluating QuickBooks Online Advanced and Competitors

  • Cloud Solutions
  • Integration with Other Systems
  • Ease of Use
Cloud solutions was extremely important because we are a 100% remote company with a global staff all over the globe.
Looking deeper into financial reporting and budget tracking, probably

QuickBooks Online Advanced Implementation

N/A I wasn't part of the implementation
Change management was minimal - It doesn't apply, no change management had to do with QBO implementation.

QuickBooks Online Advanced Support

No, so far we haven't needed support
I've never needed support from Intuit because so far I haven't faced any issues.

Using QuickBooks Online Advanced

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Feel confident using
None
  • Financial Reporting
  • Reports customization and visualization
  • Banking overview
  • Business Overview
  • Customization of Management Reports
Yes - It works well, I think is a bit limited but looks good although I haven't used it much
Because I love QBO, it's so easy and great, I'd recommend it to anyone.

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