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QuickBooks gives you a quick start to your new business
Updated August 19, 2015

QuickBooks gives you a quick start to your new business

Keith Mattson | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Software Version

2009 thru 2015

Overall Satisfaction with QuickBooks Pro

We use QuickBooks Pro to collect time, bill hours for invoicing, collections, payroll and accounts payable. We send out a monthly statement with finance charges. We track customers by rep and class. We pay bonuses to staff based on their billing. We print checks and paychecks.
  • I like how you can track direct charges to a client, and then be able to pull them into the invoice
  • You can see time by client, and revenue by client -- but not at the same time
  • The mapping of items to revenue accounts can be used to track lines of business, or sales by state
  • Tremendous depth for the price
  • Invoice forms are customizable
  • Time tracking can provide chargeablilty, but not realization by staff
  • Reports can be filtered and saved, but the filters cannot be transferred to another report, they have to be recreated in the new report
  • Pro limits company file to 3 users -- but goes to 5 with Premier
  • I started with QuickBooks when it came out in the early 90's. It was initially a great business feeder because most accountants were not comfortable with it. Over time they could not ignore it, so it is not as differentiating as it was ... but still a valuable tool for attracting start-up businesses.
  • Internally, I find the staff are good closers, but not very hands on in knowing how to correct client input errors.
none I am more familiar with than QBooks
Its inventory is okay for resellers, but probably not strong enough for manufacturers. It uses average costing, not a standard. Pricing has to be monitored. The Pro version will not handle assemblies, but the Premier will.

QuickBooks Desktop Pro Feature Ratings

7.1
Accounts payable
10
Accounts receivable
9
Cash management
4
Bank reconciliation
9
Expense management
7
Time tracking
9
Fixed asset management
5
Multi-currency support
6
Multi-division support
6
Regulations compliance
6
Electronic tax filing
Not Rated
Self-service portal
Not Rated
4.5
Inventory tracking
4
Automatic reordering
6
Location management
4
Manufacturing module
4
6.0
Pricing
4
Order entry
4
Credit card processing
9
Cost of goods sold
7
8.4
Pay calculation
10
Benefit plan administration
6
Direct deposit files
10
Salary revision and increment management
8
Reimbursement management
8
8.7
Dashboards
7
Standard reports
10
Custom reports
9
9.0
API for custom integration
9
Plug-ins
9
8.0
Role-based user permissions
8
Single sign-on capability
Not Rated

Using QuickBooks Pro

9 - 

All of our professional staff - CPA's and tax preparers enter their time into QuickBooks

All CPA's are QBooks proficient, and work on client companies as well

Our Admin Asst handles A/R and A/P for the company file

So 100% of our company is using QBooks