QuickBooks Premier used in CPA practice
April 30, 2015

QuickBooks Premier used in CPA practice

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Software Version

2015

Modules Used

  • ALL

Overall Satisfaction with QuickBooks Premier

Quickbooks is used by many of our clients to do their bookkeeping. We also use it for our bookkeeping clients.
  • Ease of operation - clients with minimal accounting skills can get data entered in system with limited training.
  • File is portable and can be exchanged easily.
  • Payroll processing is easy.
  • Processing payroll tax payments seems to be difficult for clients - they tend to write checks to pay for payroll liabilities and we have to adjust.
  • Sales tax processing is a weakness of the system.
  • Inventory processing is a weakness of the system.
  • QuickBooks allows us to serve our customers well in bookkeeping - and in acquiring those skills on customers we do onsite - that helps us coach our clients on how to best operate their system.
A very large or complex business may need more functionality - most normal operations we deal with fit the software well.

QuickBooks Desktop Premier Feature Ratings

Accounts payable
7
Accounts receivable
8
Cash management
8
Bank reconciliation
9
Expense management
7
Time tracking
5
Fixed asset management
2
Multi-currency support
Not Rated
Multi-division support
5
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Inventory tracking
1
Automatic reordering
1
Location management
1
Manufacturing module
1
Pricing
5
Order entry
5
Credit card processing
5
Cost of goods sold
5
Pay calculation
9
Benefit plan administration
7
Direct deposit files
8
Salary revision and increment management
7
Reimbursement management
7
Dashboards
8
Standard reports
9
Custom reports
9
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
8
Single sign-on capability
8

Using QuickBooks Premier

Clients with limited accounting background can learn to use the system effectively with limited training.
ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Lots to learn
  • Recording transactions
  • Payroll tax payments
  • Sales tax processing
  • Multi state