QuickBooks Online Advanced Reviews & Pricing

by Intuit | Founded 1983, Mountain View, California

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What is QuickBooks Online Advanced?

Industry Specialties: Serves all industries

QuickBooks Online Advanced is a comprehensive accounting software designed to streamline financial management tasks for growing businesses. It excels in handling complex accounting needs, offering features such as advanced reporting, customizable dashboards, and automated workflows. This software is particularly well-suited for mid-sized businesses across various industries, including retail, professional services, and non-profits, due to its scalability and robust functionality.

One of the standout benefits of QuickBooks Online Advanced is its ability to support up to 25 users, making it ideal for teams that require collaborative access. Users appreciate the powerful integration capabilities with other business tools, enhancing overall productivity. Additionally, the software's advanced reporting tools provide deep insights into financial performance, aiding in strategic decision-making.

Compared to similar products, QuickBooks Online Advanced is often praised for its user-friendly interface and extensive support options. Pricing details can vary, so it's recommended to contact SelectHub for a tailored quote based on specific business needs.

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QuickBooks Online Advanced Pricing

Based on our most recent analysis, QuickBooks Online Advanced pricing starts at $90 (Monthly).

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Starting From: $90
Pricing Model: Monthly
Free Trial: Yes, Request for Free

Training Resources

QuickBooks Online Advanced is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for QuickBooks Online Advanced:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

QuickBooks Online Advanced Benefits and Insights

Why use QuickBooks Online Advanced?

Key differentiators & advantages of QuickBooks Online Advanced

Enhanced Reporting: Gain deeper insights with advanced reporting tools that allow for customized, detailed financial reports tailored to your business needs.
Workflow Automation: Save time and reduce errors by automating repetitive tasks such as invoicing, bill payments, and expense tracking.
Custom User Permissions: Maintain control and security by assigning specific roles and permissions to team members, ensuring they only access the information they need.
Scalability: Easily scale your accounting processes as your business grows, accommodating more users and transactions without compromising performance.
Priority Customer Support: Receive faster, dedicated support from a team of experts who can help resolve issues and provide guidance on best practices.
Integration with Third-Party Apps: Enhance functionality by seamlessly integrating with a wide range of third-party applications, from CRM systems to payroll services.
Advanced Inventory Management: Keep track of inventory levels, manage stock across multiple locations, and streamline order fulfillment processes.
Customizable Dashboards: Monitor key performance indicators and financial metrics at a glance with dashboards that can be tailored to your specific business requirements.
Batch Invoicing: Improve efficiency by creating and sending multiple invoices simultaneously, reducing the time spent on billing tasks.
Data Backup and Security: Protect your financial data with automatic backups and robust security measures, ensuring your information is safe and recoverable.
Comprehensive Training Resources: Access a wealth of training materials, including webinars, tutorials, and guides, to help you and your team maximize the software's potential.
Custom Fields: Capture and track additional information relevant to your business by adding custom fields to invoices, sales forms, and customer records.
Performance Tracking: Monitor employee performance and productivity with tools that track time, expenses, and project progress.
Multi-Currency Support: Conduct business globally with ease by managing transactions in multiple currencies and automatically calculating exchange rates.
Cash Flow Management: Improve cash flow visibility and forecasting with tools that help you track income, expenses, and outstanding invoices.

Industry Expertise

QuickBooks Online Advanced is best suited for growing businesses with complex workflows, a high volume of transactions, and a need for more than one user. It's ideal for companies that are outgrowing the capabilities of their current accounting solution and require more advanced features and automation.

Synopsis of User Ratings and Reviews

Based on an aggregate of QuickBooks Online Advanced reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

User-Friendly Design: QuickBooks Online Advanced is celebrated for its intuitive interface, which makes it easy to navigate and utilize, even for users without a deep understanding of accounting principles.
Enhanced Efficiency: The software streamlines accounting tasks, automating processes such as invoice creation and payment reminders, which many users report has led to significant time savings and increased productivity.
Advanced Functionality: QuickBooks Online Advanced offers a comprehensive suite of features, including in-depth reporting, customizable dashboards, and the capacity to manage complex transactions with up to 1000 line items, catering to the needs of growing businesses.
Business Scalability: With support for up to 25 users, QuickBooks Online Advanced is well-suited for businesses experiencing growth, allowing for collaboration and expansion as team sizes increase.

Cons

Price: The monthly subscription fee can be a barrier for some, especially smaller businesses or those with tight budgets.
Customer Service: A recurring complaint from users is difficulty reaching support or receiving timely resolutions for technical issues.
Learning Curve: The software's robust feature set can be overwhelming for new users who may require additional time to learn the system.

Researcher's Summary:

Can QuickBooks Online Advanced make your business quick on the uptake when it comes to managing your books? User reviews from the past year suggest a resounding "yes," particularly for small to mid-sized businesses. Users rave about the platform's user-friendly interface and intuitive navigation, finding it a breeze to use compared to other accounting software they've encountered. A standout feature is the robust reporting functionality, allowing for the creation of customized reports that provide deep insights into business performance. The ability to handle a high volume of transactions, with support for up to 1000 transaction lines for invoices, is another major plus, significantly speeding up invoicing processes.

However, the positive feedback is counterbalanced by some recurring criticisms. The higher cost compared to competitors like Xero or FreshBooks is a common concern, particularly for smaller businesses or startups with limited budgets. Some users also point out a steep learning curve, especially for those unfamiliar with accounting software, and express dissatisfaction with customer service, citing slow response times and occasional difficulties in resolving issues. Despite these drawbacks, the overwhelming sentiment is that QuickBooks Online Advanced is a powerful and efficient accounting solution. Its advanced features, like workflow automation and batch processing, make it ideal for businesses looking to streamline their financial operations and gain deeper financial insights.

Key Features

Customization: Its flexible nature helps businesses stay efficient and scale as needed. Multiple users can be assigned to the same role without having to repeat task selection. As a rule-based task solution, it keeps track of who has what task permissions. Customize reports with the information that matters.
Reporting and Insights: Rich insights with financial statements help make sound decisions. Monthly KPI tracking helps analyze, identify and work on issues that need attention.
Cash Flow: Customize reporting periods or view cash flows with auto-populated trend lines to understand revenue streams and what drives them.
Custom Chart Builder: Create and edit customized dashboards to analyze important metrics.
Revenue Stream Dashboard: Configure and identify all revenue sources and share reports with the designated accountant.
Dedicated Account Team: Get expert advice through call, email or by scheduling an appointment with accounting experts
Batch Invoicing: Send multiple invoices and import hundreds with minimal clicks.
Business Expense Tracking: Take a picture and share with a mobile app that matches expenses with existing transactions.
Estimates: Provide professional estimates and convert them into invoices.
Bill.com Integration: Bill.com integrations simplify bill payment for multiple vendors with one click.
Mileage Tracking: Track mileage deductions and categorize your trip as business or personal to ensure accurate tax deductions.
1099 Management: Get ready-to-send 1099 forms for tax time and file them accurately.
Inventory Tracking: Prevent inventory shortages with its automatic quantity updating feature, which also helps control what to sell and order.
Cloud Integration: Collaborate, access and manage books in real time from anywhere, anytime, as long as you have a stable internet connection.
Security: Data gets backed up in the cloud, and industry-leading technology protects data and ensures privacy.