#1 most frequent
United States of America
79.7%153 installations of 192
What is QuickBooks Online Advanced?
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.
Categories & Use Cases
Top Performing Features
Order entry
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
Category average: 8.4
Plug-ins
A number of third-party plug-ins are available to expand the core functionality of the software.
Category average: 7.9
Primary and Secondary Ledgers
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
Category average: 8.9
Areas for Improvement
Custom reports
Users can create custom reports.
Category average: 8
Multi-division support
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
Category average: 8.6
Intercompany Accounting
Automatically balance and reconcile GL for intercompany transactions
Category average: 8.4
Who Buys & Uses QuickBooks Online Advanced
#2 most frequent
Canada
12.0%23 installations of 192
#3 most frequent
United Kingdom of Great Britain and Northern Ireland
2.6%5 installations of 192
Pros
- Useful for general accounting and bookkeeping
- Offers receipt scanning functionality
- Facilitates project cost tracking
Cons
- Lacks industry-specific tailoring for some users
- Missing features compared to previous versions
- Some users report limitations in functionality
Quick books great!
Use Cases and Deployment Scope
I use quick books turbo tax and intuit products for self employment and payroll , time sheets and w2 tax returns. Doing my own taxes has been awesome,these products have taught me everything about
running my own business ,saving me money and offering the best tax tools out there.Definetly a product worth trying and sticking with
running my own business ,saving me money and offering the best tax tools out there.Definetly a product worth trying and sticking with
Pros
- Timesheets
- Transactions
- Payroll
Cons
- Prior years returns
- Bank connections
- Invoicing
Return on Investment
- Bank registers
- Prior years availability
- Better schedules
Other Software Used
Zoho Analytics, Azure App Service, SAP Adaptive Server Enterprise (ASE), legacy
Product review
Use Cases and Deployment Scope
I use QuickBooks Online Advanced to record all the transactions such as DOGS, Sales Expenses, etc. in the company. QBO is good to evaluate each and every job using the project future.
Pros
- Help to review the financial reports quickly from the dashboard
- Auto filling invoices
- Auto filling PO
Cons
- If it could allow holding a transaction before posting so that the transaction can be approved by the supervisor will be a plus
Return on Investment
- QuickBooks Online Advanced provides great value for the amount we are paying
QBO Advance Review
Use Cases and Deployment Scope
QBO Advanced is used to send recurring invoices to our contractors, track accounts receivables, and payables. The problem faced the constant amount of data entry, which QBO has helped to reduce and automate much of it. Highly recommend this product as it will give you reports - which are completely customizable.
Pros
- Recurring Transaction
- Customer Statements
- Aging Reports
- Profit & Loss
- Balance Sheet
- Budgeting
Cons
- Batch add vendors
- Improve Sales Tax by taking into account journal entries
- Batch edit transactions
- Ability to have same name for vendor and client
- Batch edit vendor/customer name
Return on Investment
- Decreased amount of data entry
- Increased cash flow projections
- Increase pulling aging reports on demand
Alternatives Considered
Zoho Books
Solid SMB Accounting
Use Cases and Deployment Scope
Quickbooks Online Advanced (QBOAd) allows our organization to quickly and efficiently manage our revenue and expenses, and payroll needs. It also can integrate with other applications for additional financial insight that gives our organization the competitive advantage we need in our market.
Pros
- Manage roles within our organization
- Track our revenue and expenses
- Robust financial reporting
Cons
- Job costing
- Integration with non-Intuit products
- Inventory tracking
Return on Investment
- More efficient payroll processing cutting time
- Closing the books is easier
- Make business decisions faster with detail reports
Other Software Used
Ignition, Anchor, Relay
QB for the Small Business is a win
Use Cases and Deployment Scope
We use QB for all of our accounting needs, including Accounts Payable, TimeSheets and Payroll. We use it the software daily to ensure that our books are running smoothly
Pros
- Invoice Tracking
- Track Profitability
- Seamless Payroll
Cons
- TimeSheets function
Return on Investment
- Positively made invoice tracking easy
- Easy acccess to reports
Other Software Used
Building Stack, Levelset
