QuickBooks Online Advanced is top notch in keeping our finances organized!
January 16, 2024

QuickBooks Online Advanced is top notch in keeping our finances organized!

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

Overall Satisfaction with QuickBooks Online Advanced

We use QuickBooks Online Advanced to maintain all financials for the organization, including invoicing, budgeting, investor tracking, expense tracking, etc. The product addresses where we stand in our finances and allows us to do due diligence in our forecasting and planning activities.
We are a SaaS company and QuickBooks Online Advanced allows us to track our sales, our cost of goods sold as the number of users grow, which allows us to plan for the future upcoming months and years.
  • Connects really well to bank systems to easily reconcile bank accounts with books.
  • It is intuitive in pre-filling items such as lines in the chart of accounts.
  • It is user-friendly and makes financial tracking simple.
  • It would be nice if there was a little bit clearer guide in doing journal entries.
  • It is user-friendly enough to work internally instead of hiring an outside bookkeeper, thus saving us in that expense arena.
  • It is convenient to give access to the books to our accountant to get annual taxes done.
  • Being up able to upload copies of all documents, receipts, invoices, etc... allows us to shred hard copies and needing less space to accumulate paperwork in file boxes.
QuickBooks Online Advanced was easy to implement and set up. Within a couple of days, I had all chart of account items, customers, vendors, company profile all set up. I had used Desktop QuickBooks previously, so the learning curve was smaller, although there are some workings that are different that I had to get accustomed to.
We did not use QuickBooks Online Advanced with other employees. But I enjoyed being able to use it at the office and them login in from other locations and/or devices as needed in order to create reports at any time from anywhere.
There is nothing specific, but it manages things beautifully for our purposes.

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 think that QuickBooks Online Advanced is well suited to most businesses. As far as I can tell, it is less appropriate for businesses that use affiliates, as it doesn't seem to be able to track those transactions, what is owed to them, including providing statements and reporting for what was earned and what was paid out.

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
10
Journals and Reconciliations
10
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
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated