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Accounting for the future, with a few minor improvements
December 17, 2018

Accounting for the future, with a few minor improvements

Ariel Dunay | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Pro

We used QuickBooks as an alternative to traditional spreadsheet accounting. It handled all accounting functions across HR, payroll, and operational departments. We also had administrative staff inputting basic data.
  • Bank reconciliation and outstanding payments tracking
  • Custom reporting and analysis tools to look at long-term budget expenditure (not possible in traditional excel, or file is way too large)
  • Payroll and ability t audit your own payroll
  • Crossover with other payroll software, easy to share data between them for uploading purposes
  • Price is high even for a large company
  • If you don't save..... it's all gone. Would be nice to have an auto-save feature as with Cloud services
  • Inability to cross reference by country in terms of taxes and payroll reporting. Big hit for us
  • Tracking of bank recon is much simpler with one single software rater than compiling data from multiple points. Easy to view dollar per dollar transation level
  • Late invoice reminders!! Ensuring that we never miss a payment
  • Template customization allows for the company to have one single outward look, external clients know to look for that
QuickBooks is becoming the future of accounting software and is on top of the pack in terms of usability, client interface, and budget tracking. It could be a little cheaper, but you pay for the support online and thousands of training tools.
It is well suited for a smaller organization where maybe 1-5 people are inputting data and tracking large level invoices. That data should be reviewed by people who have compliance experience or can link that data with relevant software. It is also well-suited for the international development industry because almost everyone uses it, so the skills will transfer from company to company for those who become proficient.

QuickBooks Desktop Pro Feature Ratings

6.3
Accounts payable
7
Accounts receivable
7
Cash management
6
Bank reconciliation
9
Expense management
8
Time tracking
Not Rated
Fixed asset management
7
Multi-currency support
6
Multi-division support
6
Regulations compliance
4
Electronic tax filing
3
Self-service portal
5
Global Financial Support
5
Primary and Secondary Ledgers
5
Intercompany Accounting
6
Localizations
Not Rated
Journals and Reconciliations
8
Enterprise Accounting
6
Configurable Accounting
7
Centralized Rules Framework
7
Standardized Processes
7
Inventory Management ()
Not Rated
Order Management ()
Not Rated
7.8
Pay calculation
8
Benefit plan administration
8
Direct deposit files
7
Salary revision and increment management
8
Reimbursement management
8
9.0
Dashboards
8
Standard reports
9
Custom reports
10
6.5
API for custom integration
6
Plug-ins
7
7.0
Role-based user permissions
7

Using QuickBooks Pro

It does require some training to get used to, it's not really something you can figure out on your own. Every company is also going to have their own custom features. But, I feel really confident using it now after months of training and scenarios.
ProsCons
Like to use
Relatively simple
Well integrated
Consistent
Convenient
Feel confident using
Difficult to use
Slow to learn
Lots to learn
  • Budget tracking
  • Reconciliation
  • Payroll tracking
  • Invoices
  • Audits!!
  • Tax reporting