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QB can help you run your business from behind the scenes
Updated September 30, 2015

QB can help you run your business from behind the scenes

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Software Version

2013

Overall Satisfaction with QuickBooks Premier

Used as accounting software to generate account receivable, account payable reports, P&Ls, and documents needed to prepare tax returns. We use it to analyze the business on a monthly basis. Aids with budgeting and planning for the future. Provides and environment whereby we can contact clients and follow up on receivables, etc.
  • It's intuitive if you have an accounting background.
  • The help section typically offers reliable information to answer questions
  • I like the email functionality with sending invoices directly to clients.
  • Adjusting entries
  • Self created communications for emailing clients
  • Journal entry suggestions
  • Assisted with collections
  • Managing cash flow
Due to QBs reputation, I did not consider any other accounting software. It was the "go to" for us.
I'm unsure how it would work for different types of businesses but for my purposes, it works.

QuickBooks Desktop Premier Feature Ratings

7.7
Accounts payable
9
Accounts receivable
9
Cash management
6
Bank reconciliation
9
Expense management
7
Time tracking
Not Rated
Fixed asset management
6
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Not Rated
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
8.0
Role-based user permissions
Not Rated
Single sign-on capability
8

Using QuickBooks Premier

1 - Knowledge of accounting and the software

Evaluating QuickBooks Premier and Competitors

  • Price
  • Product Features
  • Product Reputation
  • Prior Experience with the Product
I would like purchase QB again

QuickBooks Premier Implementation

Hire appropriate help to ensure you know how to use the system from the beginning.
  • Implemented in-house
  • Professional services company
At first, we tried to implement in house, but then realized that some professional support was needed. Once a few hours were spent with a QB certified user the system was easier to use and we have been successful since then.
Yes - In house at first and then hired an outside consultant to help clean up and get us on the right track.
Change management was minimal
  • General lack of knowledge of all facets of the software
  • lack of payroll entry needed to create our own journal entry to book payroll.
  • Inconsistent use of the system

Using QuickBooks Premier

After a bit of training, I found the system relatively easy to use.
ProsCons
Like to use
Relatively simple
Well integrated
Consistent
Convenient
Requires technical support
Lots to learn
  • write a check
  • deposits
  • create an invoice
  • booking off line transactions - such as payroll
  • making adjustments for certain prior items
  • setting up the initial chart of accounts