QuickBooks Premier is really good for small businesses
December 11, 2018

QuickBooks Premier is really good for small businesses

Anonymous | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Premier

I am using QuickBooks Premier 2019 for three companies that I manage, for the same owner, out of the same building. I use it for all accounting needs; A/P, A/R, deposits, and payroll.

Once the company files are set up, it's pretty smooth, and the information is accurate. Like all software, there is a learning curve on where you access everything.

Pros

  • Reporting - As long as you enter the information accurately, and do not get sloppy, all reporting is spot-on.
  • Reconciling - It's very easy to figure out where your money is, and if it's off a little bit, it's easy to drill down into the problem to fix it.
  • Deposits - It's very easy to make deposits, once your bank is set up, and you learn the steps.

Cons

  • Forms - Setting up all forms that you print to look the same takes time and patience. It's not very user friendly. For example, changing the packing slip is not at all where you would think, which makes it super annoying.
  • Inventory - Adjusting inventory levels is not good. You have to really watch what you're doing, or you will have negative money in the wrong GL account.
  • Printing - Aligning checks is not simple. You have to do it many times to get everything to line up correctly.
The only other accounting software I have used, and it was a long time ago, was Axapta.
QuickBooks Premier is nice when you only have one company. For me, I have three companies that I switch between, and you can only have one company file open at a time. You have to upgrade to have the ability to have more companies open at a time.

QuickBooks Desktop Premier Feature Ratings

10.0
Accounts payable
10
Accounts receivable
10
Cash management
Not Rated
Bank reconciliation
10
Expense management
10
Time tracking
Not Rated
Fixed asset management
10
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
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
5.0
Inventory tracking
7
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
3
10.0
Pricing
10
Order entry
10
Credit card processing
10
Cost of goods sold
10
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
10.0
Pay calculation
10
Benefit plan administration
Not Rated
Direct deposit files
10
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
10.0
Dashboards
10
Standard reports
10
Custom reports
10
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
10.0
Role-based user permissions
10

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