Accounting on a Fast Track
July 07, 2017

Accounting on a Fast Track

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

Overall Satisfaction with QuickBooks Premier

[It's being used for] Tracking our expenses (which we do on a daily basis and it provides an optimum base for running future reports), sending invoices (easy for us to produce immediate invoices for customers and they are all formatted the same), online payments (makes it easy for customers to pay) as well as running P & L reports.
  • Record expenses for audits in our case.
  • There is an option to even photograph and save your receipts with your phone.
  • You can also automatically download and categorize bank and credit card transactions
  • Customized reporting can be enhanced
  • Faster processing of invoices
Well suited for small companies but when you have a larger scale, it may not be very efficient in managing the load. I have used it for 500 employees and also for 50 employees and the volume does make a difference. It does not easily address reporting on a large scale.

QuickBooks Desktop Premier Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
7
Expense management
9
Time tracking
Not Rated
Fixed asset management
7
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
8
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
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
Dashboards
8
Standard reports
8
Custom reports
6
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
10