QuickBooks Online Advanced f f f
QuickBooksfOnlinefAdvancedfisfIntuit'sfmostfrobustfonlinefaccountingfsolution.fItflooksfandffeelsflik
efQuickBooksfOnlinefPlus,fbutfincludesfnewfandfenhancedffeaturesftofbetterfmeetfthefneedsfoffmid
-marketfclients.
Asfsmallfbusinessesfgrow,ftheyffindfitfincreasinglyfchallengingftofkeepfonftopfoffeverything,fandfthis
fisfwherefQuickBooksfOnlinefAdvancedfprovidesfgreatfvalue.f
Asfafprofessionalfpractice,fyoufhavefaflotftofgainfwhenfyourfclientsfadoptfQuickBooksfOnlinefAdvan
ced.fWe’llfexplorefthesefbenefitsfinfdepthfasfwefprogressfthroughfthisfcourse.
Unique features f
HowfdoesfQuickBooksfOnlinefAdvancedfmakeflifefeasierfforfgrowingfandfmid-
marketfcompaniesfthatfarefdealingfwithfhigherfvolumesfandfcomplexity?
Selectfeachfofftheffeaturesfbelowftoffindfout.
PriorityfCircle
Enhancedfsupportfandftrainingfforfyourfclientsfandftheirfteamsffreesfyoufupftofprovidefhigher-valuefservicesftofyourfclien
Importfenhancements
UsersfcanfimportflargefvolumesfoffdatafintofQuickBooksfOnlinefAdvancedfmorefquicklyfandfefficiently
Workflowfsupport
Busyfpeoplefinfhecticfrolesfgainfstructuresfandfprocessesftofworkfmorefeffectively
Customffields
Offersfincreasinglyfgranularfreportingfforfstrategicfplanning
PerformancefCenterfcharts
Usersfandfteamsfcanfclearlyfvisualizefcriticalfcompanyfdataftofimprovefdecisionfmakingf
Key features, continued
f f
HowfdoesfQuickBooksfOnlinefAdvancedfmakeflifefeasierfforfgrowingfandfmid-
marketfcompaniesfthatfarefdealingfwithfhigherfvolumesfandfcomplexity?
Selectfeachfofftheffeaturesfbelowftoffindfout.
Smartfreporting
Providesfinsightsfthatfcanfreallyfhelpfmakefthefdifference
Userfmanagement
Offersfmorefwaysftofcontrolfwhofseesfwhat
,Batchftransactions
Liberatesfusersffromfthosef“Savefandfnew”fmarathons
GooglefDocsfexport
ProvidesfflexibilityfforfyourfclientsftofaccessfandfprocessftheirfQuickBooksfdatasetsfthroughfGooglefDocs
OnlinefBack-upfandfRestore
Protectsfthefintegrityfoffyourfclients’fdata
Differences
QuickBooksfOnlinefAdvancedfisfafstepfupffromfQuickBooksfOnlinefPlus.fItfalsofhasfmuchfinfcommon
fwithfthefQuickBooksfEnterprisefhostedfsolution.fff
UseftheftabsftofexplorefhowfQuickBooksfOnlinefAdvancedfcomparesftofitsftwofclosestfcousins.
Vs.fQuickBooksfOnlinefPlus
Fewerfthanf2%foffusersfwit
hfQuickBooksfOnlinefPlusfa
ccountsfexceedftheirfusag
eflimits,fsofnotfeveryonefn
eedsfQuickBooksfOnlinefA
dvancedfbecausefoffusagef
limitsfalone.
However,fupgradingffromf
Plusfmayfbefthefrightfchoic
efforfyourfclientsfwhofarefg
rowing,fbecausefAdvanced
fgivesfthemfbetterftoolsfan
dfcanffreefupfyourftime.fff
ComparedftofOnlinefPlus,fQuickBooksfOnlinefAdvancedfoffers:
● Betterfuserfpermissions,fmeaningftheyfcanfsecurelyfaddfteamfmembers
● Acceleratedfinvoicing—20%ffaster!
● AccessftofafCustomerfSuccessfTeam,ffreeingfyoufupffromfbasicfQ&Afsupport
● Freeftraining,ffreeingfyoufupfforfcoachingfinfworkflows
● Upftof25fusers
, ● Afthirdfaccountantfseatfsofthatfmorefadvisors,fevenfthosefthatfareftemporary,fcanfhavefaccessftoft
hefbooks
● Vs.fQuickBooksfEnterprise
Thefmostfsignificantfdifferencefbet
weenfQuickBooksfEnterprisefandfQ
uickBooksfOnlinefAdvancedfisftheftr
eatmentfoffinventory.
ThefEnterprisefeditionfisfbetterfforf
product-
basedfbusinessesfwithfstrongfinven
toryfneeds,fwhereasfAdvancedfisfge
nerallyfbetterfforfcompaniesfthatfar
efproject-based.
Whichfisfcheaperfforfyourfclients?
Thatfusuallyfdependsfonfthefnumbe
rfoffusersfandfhostingfcosts.fPricefitf
outftofdiscoverfwhichfisfthefbetterffi
tfforfyourfclients.
Which of the following statements about QuickBooks Online Advanced are true in comp
f f f f f f f f f f f f
arison to other QuickBooks offerings? Select all that are true.
f f f f f f f f f
● StrongerfatfinventoryfmanagementfthanfEnterprisefedition
● Allowsf5ftimesfmorefusersfthanfafPlusfsubscription
● Generallyfafbetterffitfforfproject-basedfcompanies
● Generallyfafbetterffitfforfproduct-basedfcompanies
CheckfAnswer
That’sfright.
Wellfdone.f
, Objective indicators — in the data
f f f f f
QuickBooksfOnlinefAdvancedfisn'tfforfeveryone:fit'sfdesignedftofservefthefupperf2%ftof5%foffyourfcl
ientfbase.fQuickBooksfOnlinefAdvancedfmakesfitfmuchfeasierfforfyouftofsupportfthisfnichefoffclients
.fTheyfcanfalsofusefthefplan'sfenhancedfsupportftofgetfmoreffromfyourfwork,fandfthisfcanfleadftofgre
aterfsourcesfoffrevenuefforfyou.f
QuickBooksfitselffcanftellfyoufiffafclientfmayfbefapproachingfthefneedfforfQuickBooksfOnlinefAdvan
ced.fWhatfarefthefindicatorsfthatfyourfclientsfcouldfbenefitffromfQuickBooksfOnlinefAdvanced?f
Explorefthefclientfcharacteristicsfbelowfforfsomeftips.f
Greaterfthanf10femployees,fandfgrowing
Oncefbusinessesfexceedf10femployees,ftheirfoperationsfareflikelyftofexhibitfsignsfoffgrowingfpains.
Annualizedfrevenuefcontinuesftofincreasefsubstantially
Companiesfgrowingfrapidlyfoftenfneedfimprovedfbusinessftoolsfandfconsultativefadvice.f
Receiptsfexceedf$500,000.00
Isfafclient'sfgrossfannualfreceiptsfhavefreachedforfexceedsf$500,000.00fthenfthisfisfafgoodfbaromet
erfoffbusinessfsizefandfcomplexity.fTakefafcloserflookfatfthefQuickBooksfcompanyffilesfyourfhightftu
rnoverfclientsfgenerate.fWhatftypesfofftransactionsfarefdrivingfthefvolume?f
GeneratesfChartfoffAccountsfusage-limitfwarnings
Thisfindicatesfthatfeitherfyourfclientsfaren’tfusingftheirfclassesfandflocationsfefficientlyforfthey’refn
udgingfagainstfthefceilingfoffwhatfcanfbefachievedfusingfQuickBooksfOnlinefPlus.
Youfcanfaccessfourfclientfcharacteristicfchecklistfatftheflinkfprovided.fUsefthisfinformationftofhelpfid
entifyfiffanyfoffyourfclientsfarefafgoodffitfforftransitioningftofQuickBooksfOnlinefAdvanced.f
General business indicators
f f
InfadditionftofthefobjectivefdatafcoveredfinfthefpreviousfFAQs,fyoufmayfbefableftoftellfwhichfoffyourf
clientsfcouldfbenefitffromfQuickBooksfOnlinefAdvancedfsimplyfthoughfyourfinteractionsfandfobser
vations.ff
Useftheftabsftoflearnfwhatfyoufcanfobservefthatfmightfindicatefthatfyourfclientfcouldfbenefitffro
mfswitchingftofQuickBooksfOnlinefAdvanced.
Management-Driven
Fromfyourfdealingsfwithfyourfclients,fhavefyoufobservedfanyfofftheffollowingftraits? f
QuickBooksfOnlinefAdvancedfisfIntuit'sfmostfrobustfonlinefaccountingfsolution.fItflooksfandffeelsflik
efQuickBooksfOnlinefPlus,fbutfincludesfnewfandfenhancedffeaturesftofbetterfmeetfthefneedsfoffmid
-marketfclients.
Asfsmallfbusinessesfgrow,ftheyffindfitfincreasinglyfchallengingftofkeepfonftopfoffeverything,fandfthis
fisfwherefQuickBooksfOnlinefAdvancedfprovidesfgreatfvalue.f
Asfafprofessionalfpractice,fyoufhavefaflotftofgainfwhenfyourfclientsfadoptfQuickBooksfOnlinefAdvan
ced.fWe’llfexplorefthesefbenefitsfinfdepthfasfwefprogressfthroughfthisfcourse.
Unique features f
HowfdoesfQuickBooksfOnlinefAdvancedfmakeflifefeasierfforfgrowingfandfmid-
marketfcompaniesfthatfarefdealingfwithfhigherfvolumesfandfcomplexity?
Selectfeachfofftheffeaturesfbelowftoffindfout.
PriorityfCircle
Enhancedfsupportfandftrainingfforfyourfclientsfandftheirfteamsffreesfyoufupftofprovidefhigher-valuefservicesftofyourfclien
Importfenhancements
UsersfcanfimportflargefvolumesfoffdatafintofQuickBooksfOnlinefAdvancedfmorefquicklyfandfefficiently
Workflowfsupport
Busyfpeoplefinfhecticfrolesfgainfstructuresfandfprocessesftofworkfmorefeffectively
Customffields
Offersfincreasinglyfgranularfreportingfforfstrategicfplanning
PerformancefCenterfcharts
Usersfandfteamsfcanfclearlyfvisualizefcriticalfcompanyfdataftofimprovefdecisionfmakingf
Key features, continued
f f
HowfdoesfQuickBooksfOnlinefAdvancedfmakeflifefeasierfforfgrowingfandfmid-
marketfcompaniesfthatfarefdealingfwithfhigherfvolumesfandfcomplexity?
Selectfeachfofftheffeaturesfbelowftoffindfout.
Smartfreporting
Providesfinsightsfthatfcanfreallyfhelpfmakefthefdifference
Userfmanagement
Offersfmorefwaysftofcontrolfwhofseesfwhat
,Batchftransactions
Liberatesfusersffromfthosef“Savefandfnew”fmarathons
GooglefDocsfexport
ProvidesfflexibilityfforfyourfclientsftofaccessfandfprocessftheirfQuickBooksfdatasetsfthroughfGooglefDocs
OnlinefBack-upfandfRestore
Protectsfthefintegrityfoffyourfclients’fdata
Differences
QuickBooksfOnlinefAdvancedfisfafstepfupffromfQuickBooksfOnlinefPlus.fItfalsofhasfmuchfinfcommon
fwithfthefQuickBooksfEnterprisefhostedfsolution.fff
UseftheftabsftofexplorefhowfQuickBooksfOnlinefAdvancedfcomparesftofitsftwofclosestfcousins.
Vs.fQuickBooksfOnlinefPlus
Fewerfthanf2%foffusersfwit
hfQuickBooksfOnlinefPlusfa
ccountsfexceedftheirfusag
eflimits,fsofnotfeveryonefn
eedsfQuickBooksfOnlinefA
dvancedfbecausefoffusagef
limitsfalone.
However,fupgradingffromf
Plusfmayfbefthefrightfchoic
efforfyourfclientsfwhofarefg
rowing,fbecausefAdvanced
fgivesfthemfbetterftoolsfan
dfcanffreefupfyourftime.fff
ComparedftofOnlinefPlus,fQuickBooksfOnlinefAdvancedfoffers:
● Betterfuserfpermissions,fmeaningftheyfcanfsecurelyfaddfteamfmembers
● Acceleratedfinvoicing—20%ffaster!
● AccessftofafCustomerfSuccessfTeam,ffreeingfyoufupffromfbasicfQ&Afsupport
● Freeftraining,ffreeingfyoufupfforfcoachingfinfworkflows
● Upftof25fusers
, ● Afthirdfaccountantfseatfsofthatfmorefadvisors,fevenfthosefthatfareftemporary,fcanfhavefaccessftoft
hefbooks
● Vs.fQuickBooksfEnterprise
Thefmostfsignificantfdifferencefbet
weenfQuickBooksfEnterprisefandfQ
uickBooksfOnlinefAdvancedfisftheftr
eatmentfoffinventory.
ThefEnterprisefeditionfisfbetterfforf
product-
basedfbusinessesfwithfstrongfinven
toryfneeds,fwhereasfAdvancedfisfge
nerallyfbetterfforfcompaniesfthatfar
efproject-based.
Whichfisfcheaperfforfyourfclients?
Thatfusuallyfdependsfonfthefnumbe
rfoffusersfandfhostingfcosts.fPricefitf
outftofdiscoverfwhichfisfthefbetterffi
tfforfyourfclients.
Which of the following statements about QuickBooks Online Advanced are true in comp
f f f f f f f f f f f f
arison to other QuickBooks offerings? Select all that are true.
f f f f f f f f f
● StrongerfatfinventoryfmanagementfthanfEnterprisefedition
● Allowsf5ftimesfmorefusersfthanfafPlusfsubscription
● Generallyfafbetterffitfforfproject-basedfcompanies
● Generallyfafbetterffitfforfproduct-basedfcompanies
CheckfAnswer
That’sfright.
Wellfdone.f
, Objective indicators — in the data
f f f f f
QuickBooksfOnlinefAdvancedfisn'tfforfeveryone:fit'sfdesignedftofservefthefupperf2%ftof5%foffyourfcl
ientfbase.fQuickBooksfOnlinefAdvancedfmakesfitfmuchfeasierfforfyouftofsupportfthisfnichefoffclients
.fTheyfcanfalsofusefthefplan'sfenhancedfsupportftofgetfmoreffromfyourfwork,fandfthisfcanfleadftofgre
aterfsourcesfoffrevenuefforfyou.f
QuickBooksfitselffcanftellfyoufiffafclientfmayfbefapproachingfthefneedfforfQuickBooksfOnlinefAdvan
ced.fWhatfarefthefindicatorsfthatfyourfclientsfcouldfbenefitffromfQuickBooksfOnlinefAdvanced?f
Explorefthefclientfcharacteristicsfbelowfforfsomeftips.f
Greaterfthanf10femployees,fandfgrowing
Oncefbusinessesfexceedf10femployees,ftheirfoperationsfareflikelyftofexhibitfsignsfoffgrowingfpains.
Annualizedfrevenuefcontinuesftofincreasefsubstantially
Companiesfgrowingfrapidlyfoftenfneedfimprovedfbusinessftoolsfandfconsultativefadvice.f
Receiptsfexceedf$500,000.00
Isfafclient'sfgrossfannualfreceiptsfhavefreachedforfexceedsf$500,000.00fthenfthisfisfafgoodfbaromet
erfoffbusinessfsizefandfcomplexity.fTakefafcloserflookfatfthefQuickBooksfcompanyffilesfyourfhightftu
rnoverfclientsfgenerate.fWhatftypesfofftransactionsfarefdrivingfthefvolume?f
GeneratesfChartfoffAccountsfusage-limitfwarnings
Thisfindicatesfthatfeitherfyourfclientsfaren’tfusingftheirfclassesfandflocationsfefficientlyforfthey’refn
udgingfagainstfthefceilingfoffwhatfcanfbefachievedfusingfQuickBooksfOnlinefPlus.
Youfcanfaccessfourfclientfcharacteristicfchecklistfatftheflinkfprovided.fUsefthisfinformationftofhelpfid
entifyfiffanyfoffyourfclientsfarefafgoodffitfforftransitioningftofQuickBooksfOnlinefAdvanced.f
General business indicators
f f
InfadditionftofthefobjectivefdatafcoveredfinfthefpreviousfFAQs,fyoufmayfbefableftoftellfwhichfoffyourf
clientsfcouldfbenefitffromfQuickBooksfOnlinefAdvancedfsimplyfthoughfyourfinteractionsfandfobser
vations.ff
Useftheftabsftoflearnfwhatfyoufcanfobservefthatfmightfindicatefthatfyourfclientfcouldfbenefitffro
mfswitchingftofQuickBooksfOnlinefAdvanced.
Management-Driven
Fromfyourfdealingsfwithfyourfclients,fhavefyoufobservedfanyfofftheffollowingftraits? f
