QuickBooks Online Advanced

Pros

I love QuickBooks for Non-Profits! I have used this software exclusively for the past 10 years with no problems at all.

I have received numerous compliments from Board Members of the accuracy and detail I provide when it comes to our financial reports. I have been told I provide the best reports they have seen (many are members of other non-profit boards). It is all accomplished with just a few clicks and the reports printed out!

Cons

It does take a bit of getting used to. Especially when you are first setting up the system. Once it is set up, it runs along fine.

One thing to make sure of is the category of the items you are entering. Otherwise, your reports will contain mis-categorized information. Be sure to check over your reports for accuracy in that area. If identified, it is a simple fix - but you must check it over.

Pros

What I like most about using QBO Advanced is how user friendly and simplistic it is to use. We transitioned our entire financial management system and for the most part it was relatively smooth.

Cons

There were many obstacles to overcome in the transition to QBO Advanced. It mainly involve how to find work around solutions for areas not offered in QBO Advanced such as specifically detailed inventory management and also fixed assets. The inventory process in QBO is clunky and too simplistic for our company, BUT since QBO is so easy to use we have customized processes to make it work for us.

Alternatives Considered

Reasons for Choosing QuickBooks Online Advanced

Switched From

Reasons for Switching to QuickBooks Online Advanced

Pros

If you are looking for a reliable and the most resourceful software for your work, You should camp here with me.QuickBooksOnline Advanced is a bizzare way to keep your financial reports.With all the billing this software embarks on very well.Its a general weapon for greater success.

Cons

I have no complaints about this software because it has sparkled my work.

Pros

QBO is an easy to use intuitive accounting software package with generally reliable online access. It has the basic accounting features that you would expect for a small business, but lacks the detailed features necessary for a bundled product business (one where your product is composed of Bill of Materials and you need to track the details on the sub components - think of gift baskets with 10 items in it, and the basket has a single SKU.) QBO has been improving in many ways and priority circle is a welcome addition to getting support.

Cons

The Reporting is really poor, you cannot simply build a report using any fields there are significant limitations of what fields you can include in a report. For instance you cannot write a report with customer and invoice information in it. IE. What customers have bought what products and when - this can't be done you need to export all the data and then do your own intersection to answer that question.

There is really limited inventory tracking - as long as you stock and sell individual wigets your are ok, but if you sell bundles you are screwed. We have to do all inventory tracking outside of QBO because it is so lacking.

You can't not do line item discounts.

You cannot have negative product line items ( like volume discounts or returns, etc.)

There are so many basic features in QBO Desktop that are totally lacking in the online version.

Pros

It allows more users, which is amazing for me considering I am beginning to look for more help; easier for me to transfer or integrate my current data to my current subscription and it automatically handles a lot of things for me based off the last time things were updated!

Cons

Definitely leaves you without control in some ways and I have ran into a few minor issues as far as the security and software.