QB for Leading Edge Firms
Updated June 08, 2016

QB for Leading Edge Firms

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Software Version

2013

Modules Used

  • AR GL

Overall Satisfaction with QuickBooks Premier

I use it to maintain my set of books for my company. I use it for billing and collections from all my clients. I also use it for budgeting and financial reporting for my company.
  • Integrated credit card processing - posts automatically to customer accounts, allows online payment. It uses the most current technology.
  • It maintains a good strong history of billing and collections and provides collection letters and assistance when you have past due amounts to collect.
  • It allows you to download credit card transactions and post into the software automatically. It is easy to track spending details with this process.
  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
  • Billing - electronically - leads to faster collections
  • Convenience - online payment processing by clients
I have my clients use the same software that I use for my business. The benefits of doing this should be evident.
Job costing and more advanced accounting requirements are typically not well-suited to QB applications. Sometimes they can be handled with third-party add-ons but it just depends.

QuickBooks Desktop Premier Feature Ratings

Accounts payable
8
Accounts receivable
8
Cash management
7
Bank reconciliation
7
Expense management
7
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
7
Self-service portal
Not Rated
Inventory tracking
5
Automatic reordering
6
Location management
5
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Pay calculation
7
Benefit plan administration
5
Direct deposit files
6
Salary revision and increment management
6
Reimbursement management
5
Dashboards
7
Standard reports
7
Custom reports
6
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
6
Single sign-on capability
7

Using QuickBooks Premier

2 - Payroll and accounts payable

QuickBooks Premier Reliability

They're getting better. Still room for improvement.