QuickBooks Pro is the perfect accounting software for small businesses!
December 07, 2017

QuickBooks Pro is the perfect accounting software for small businesses!

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

Overall Satisfaction with QuickBooks Pro

QuickBooks is our corporate accounting software used for financial reporting, payroll, tracking expenses, and reporting income. It is used on a daily basis for general accounting purposes as well as used throughout the year to analyze trends, prepare budgets and keep executive management abreast of financial performance. QuickBooks Pro is our one-stop shop for accounting and financial reporting.
  • It's easy to use. I came into this job having no QuickBooks Pro experience and became a power user in no time. In a small business where people where many different hats (such as I do), it's important to have financial software that is easy to use with little to no learning curve.
  • QuickBooks Pro is great for reporting financials in an acceptable way for government contractors. The ability to track income and expenses to specific contracts and cost centers (overhead, G&A, fringe benefits) is essential and QuickBooks Pro does this effortlessly.
  • QuickBooks Pro makes it easy to invoice customers, get paid by customers as well as pay our employees. It's really a one-stop shop for money coming in as well as money going out and then being able to show where it came and went.
  • There are some quirks with all software. Sometimes, I cannot export an invoice into PDF format on the first try but if I do it again, no problem. Also, since upgrading, certain information doesn't appear on the first page of an invoice. It's not essential information and does appear on the 2nd page or if the invoice is only 1 page but still, kind of annoying.
  • I'm not a fan of having to upgrade our version of QuickBooks Pro every few years because we use payroll. While newer versions always offer more features, I find it as a revenue scheme to get current customers to buy a new version of the product. I don't like being forced to upgrade - let me upgrade when I want. Minor issue because I know a lot of companies do this.
  • I honestly don't have another example. And the ones above are pretty minor as well.
  • QuickBooks allows us to not need a full-time accountant or bookkeeper on our payroll. It's so easy and records everything we need that I can manage our entire accounting processes while doing many other things.
  • By using QuickBooks Pro and Intuit for payroll, everything is captured in the same place. There is no need for manual entry to reconciliation with a payroll provider because it's all done electronically.
  • QuickBooks Pro is cost-effective so not only does it manage our finances but it saves us money. So many small businesses and government contractors spend enormous amounts of money for financial systems that really aren't necessary. QuickBooks Pro does all the same things for a fraction of the cost.
  • NONE
We've never had a need to evaluate or consider another software package. We've been approached by Microsoft (CostPoint) and Deltek but haven't even thought of going through a demo. We know QuickBooks Pro has what we need and does everything in an easy and affordable manner. Why fix what isn't broken?
QuickBooks is perfect for small businesses. As I mentioned earlier, a lot of times, managers in small businesses wear many hats and knowing your financial software is easy to use, affordable and dependable is essential to running a successful business. In addition, as a government contractor, QuickBooks allows us to structure our accounting procedures in ways that are acceptable for reporting certain things to the government and do it effortlessly. There are many features within QuickBooks Pro that small business probably doesn't need or use, however, it's great to know they are there if we were to use them (i.e. budgeting features).

QuickBooks Desktop Pro Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
8
Fixed asset management
8
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
9
Electronic tax filing
10
Self-service portal
8
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
10
Centralized Rules Framework
Not Rated
Standardized Processes
10
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
10
Benefit plan administration
Not Rated
Direct deposit files
8
Salary revision and increment management
Not Rated
Reimbursement management
8
Dashboards
10
Standard reports
10
Custom reports
10
API for custom integration
10
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
10