QuickBooks Online Advanced - a superior cloud-based product
January 25, 2024

QuickBooks Online Advanced - a superior cloud-based product

Melissa Cartee | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Online Advanced

I use QuickBooks Online Advanced for several of my accounting clients because it is relatively easy to navigate and allows my clients the flexibility to be able to access and view their own data. The reports are clear and easy to understand and are well put-together so that my clients and I can view them and discuss changes in strategies, marketing, and tracking in real time. It also allows us to upload corresponding documentation to the appropriate entry, which saves us research time and storage space.
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
  • The Help function associated with QuickBooks Online Advanced is good but it could be improved. Sometimes it is difficult to use when you do not spell a vendor name, for example, correctly.
  • The Merge feature is very handy for combining duplicate entries, but it would be nice if the operation were available for all users, not just those at the Accountant level.
  • I have noticed that when one makes a deposit with multiple customers, the reports do not list them separately and the customer names are difficult to search for. I have a workaround by typing the customer names in the memo field, but it would be nice if the Name field was searchable and appeared in Reports.
  • A positive increase of 75% of timely collections of amounts owed
  • A positive decrease of 45% in payments of amounts owed
  • Increased my business account capacity by 300%
I must admit that the software was already loaded when I began working with it, but I was able to easily update settings and customize it correctly for each of my clients. I have taken some additional training using the modules that Intuit provides, and that has helped me understand more and allowed me to plunge more in-depth than the average user. I have also been able to train other users quite easily because the interface is so intuitive and user-friendly.
My client base is scattered around the state, and I am able to access their account data using my laptop and my desktop very easily using a wi-fi connection. And since my client base is scattered around the state, so are all of their employees; there have been no issues with employee access. It is also convenient that we can share screens and access various reports during remote meetings so that everything is handled in real-time.
Again, I would reiterate that being a cloud-based software, QuickBooks Online Advanced has been an efficient tool that has enabled me to both work remotely and interact with various clients easily. If it were not as accessible, I would not be able to be in business. Also, I appreciate the ability to upload applicable documentation to entries which enables me to switch from client to client and discuss various issues without having to carry lots of paperwork with me.
There is literally no comparison - Wave is a "cute little" accounting software system that does a nice job tracking someone's checking account and basic household expenses, but if you are a serious business, you certainly need a comprehensive software package like QuickBooks Online Advanced in order to track your income and expenses efficiently and correctly.

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

QuickBooks Online Advanced is best suited for businesses and companies that do invoicing and bill tracking (accounts receivable and payable). The tracking modules really shine and make reporting a breeze. In my own personal experience, I have had some difficulty with grant tracking for nonprofits with QuickBooks Online Advanced for both the income and expenditures, although it allows me to be creative and flexible to make things work.

QuickBooks Online Advanced Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
9
Journals and Reconciliations
8
Configurable Accounting
9
Centralized Rules Framework
9
Standardized Processes
9
Inventory tracking
Not Rated
Pricing
8
Order entry
9
Credit card processing
10
Dashboards
9
Standard reports
10
Custom reports
9
Role-based user permissions
7
Single sign-on capability
7