Nonprofit enjoy using QuickBooks Online Advanced
Updated January 12, 2024

Nonprofit enjoy using QuickBooks Online Advanced

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

Overall Satisfaction with QuickBooks Online Advanced

We use QuickBooks Online Advanced for all our accounting and financial management needs, including vendor and customer/donor records, accounts payables, payable tracking, bank reconciliation, cash management, financial reporting, annual budgeting and YOY key financial metrics comparisons.

Before implementing into QuickBooks Online, we hired a third-party bookkeeping firm to manage our accounting and financial records, but encountered many issues, including making errors not caught by the previous accounting team. Once moved the functions in house, things have been smooth and the annual audit process and result have been great. Thanks QuickBooks Online!
  • Having unlimited Class, so we can use the classes to track projects balances and transactions.
  • Can allow more users to manage the same books
  • Link directly to bank accounts and receive transactions records on real time.
  • Don't like the new format of the reports, having to always select the classic views
  • Hope the QuickBooks Online Advanced can create/improve its module for non-profit organizations, such as the financial statements layouts.
  • No quantitative impact, but it implements our internal control and standard procedures, and ensure all our records are in compliance and meet the requirements for the annual audit process which is essential to our non-profit organization.
The set up was quite easy. I took some online training causes, and figured our the rest pretty quickly. The only issue I had during the implementation process was it was very hard to change some of the GL Account name to reflect the needs of a non-profit organization, such as Net Assets. At the end I had to scratch what I did, and used the existing formats that the third-party bookkeeping firm shared. Everything else is simple and easy to manage and implement.
We had the experience of multiple employees using from different locations, actually from different countries, and it has been smooth and effective. We can assign different levels of user permission to different employees and we can check the activities of each user for certain time frame when we found out an issue and made sure involved employees received appropriate trainings.
It addresses our business needs nicely. We are a small non-profit organization. Our needs for managing the accounting and financial records and reports are simple but the accuracy requirement is high, so we need to relay on an tool to ensure highest level of accuracy in accounting and financial data with minimized risks of losing or damaged data. QuickBooks Online Advanced fit the requirements nicely.
Quickbooks online advanced is much simple and easier to use, so it fits better to the ticket of our small non-profit organization needs. The other options are either, or both, more pricy and complicated than the QuickBooks Online Advanced. For example, the implementation for QuickBooks Online Advanced was simple enough for me to do so in-house with training courses available and phone calls to a customer service representative or implementation expert accessible.

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?

Yes

Would you buy QuickBooks Online Advanced again?

Yes

What I think the QuickBooks Online Advanced is well suited:
1) Easy to use and effective to navigate while satisfying our financial and accounting functions' needs
2) We upgraded the version from the QuickBooks Online to QuickBooks Online Advanced is solely for the unlimited classes that we use to track the different projects/programs that are essential to our non-profit organization.

QuickBooks Online Advanced Feature Ratings

Accounts payable
10
Accounts receivable
9
Cash management
9
Bank reconciliation
10
Expense management
10
Electronic tax filing
9
Journals and Reconciliations
10
Standardized Processes
9
Role-based user permissions
9
Single sign-on capability
9

Using QuickBooks Online Advanced

Evaluating QuickBooks Online Advanced and Competitors

Yes - Manual bookkeeping
  • Scalability
  • Integration with Other Systems
  • Ease of Use
No, I'm happy with my selection

QuickBooks Online Advanced Implementation

Need to make an option for non-profit organizations.
Change management was a small part of the implementation and was well-handled
  • From the default for profit chart of accounts to non-profit

QuickBooks Online Advanced Support

ProsCons
Quick Resolution
Good followup
Problems get solved
Kept well informed
No escalation required
Immediate help available
Support understands my problem
Support cares about my success
None
No, no need.
When i did the implementation, i encountered some issues and contacted the support team. The team responded promptly and solved most of my questions.

Using QuickBooks Online Advanced

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Familiar
None
  • Reconciliation
  • Bank transactions linking to QuickBooks
  • Financial reporting
  • Customization can be easier
Easy to use