QuickBooks Desktop Enterprise

Score7.9 out of 10

856 Reviews and Ratings

What is QuickBooks Desktop Enterprise?

QuickBooks Desktop Enterprise is a widely-used accounting package designed for small to mid-sized businesses. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999 / year.

Categories & Use Cases

Bank reconciliation
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
Category average: 8.4
Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Category average: 8.3
Journals and Reconciliations
Automate and synchronize ledgers and processes
Category average: 8.7

Time tracking
The software can track billable and non-billable employee time by project.
Category average: 7.1
Multi-currency support
The software supports transactions across multiple currencies.
Category average: 7.6
Global Financial Support
Account using multiple ledgers, multiple currencies, and multiple entities
Category average: 7.5

Timothy Kickham

Bookkeeper at Syfrett, Dykes & Furr (1-10 employees employees)

Use Cases and Deployment Scope

QuickBooks Desktop Enterprise tracks data, very well. It's generally stable, crashes can usually be attributed to a network interruption or some other machine error. The data file updates with each transaction, so if there is a crash, it's not necessary to go back and see what transactions have to be re-entered. The reporting is quick, easy, reliable. It's keyboard friendly, so in most cases, the use of a mouse is not required.

Pros

Generally, a mouse is not needed!
Updating as each transaction is posted means, in the event of a crash, power failure, whatever; all the posted transactions are securely in the data file and can be pulled up on another computer, if the computer being used crashes.
Reporting is generally user friendly, in that one can see the desired results by setting a few parameters for the report.

Cons

They could go further with reporting, by making more options available in a given report format.
They could bring the price down.
They could make it easier to open multiple companies at once.

Return on Investment

With QuickBooks Desktop Enterprise we can keep up with our accounting internally and don't have to take it to a CPA firm every month.
Payroll is also able to be done internally and we don't have to hire a payroll service.
When we need information, it is available to us so management decisions can be better informed.

Alternatives Considered

FreshBooks

Other Software Used

LibreOffice, Microsoft 365, PDF Xchange Viewer and Editor

Jeff Chestnut View profile

CEO (Chief Executive Officer) in Corporate at Coil Tubing Technology, Inc. (1-10 employees employees)

Use Cases and Deployment Scope

Basic accounting system, Invoicing, Purchasing, Vendor Payment, Customer Contacts, Vendor Contacts, Corporate Asset Listings. Basic financial reporting, Accounts Receivable, and Accounts Payable management. Sales commission tracking and reporting. Specific reporting requests. Check ledger, Deposit records, Wire transfer records, and associated reporting. Monthly financial statements, annual financial statements. Sales tax tracking and reporting with liability calculations. Custom purchasing reporting and control.

Pros

Invoice creation using COA defined elements.
Vendor payment utilizing purchase orders.
Basic financial reports with some requirement for filtering.
Purchase orders using COA defined elements.

Cons

Custom reporting, report writer
Asset tracking
Inventory
Batch reporting based on a standard time period,
more flexibility setting parameters for A/R
Better sales tax reporting
Saving confgurations for Forms - saving logos and formats

Return on Investment

Meets our needs for invoicing, saves manual process resulting in one staff position reduction
Onsite install saves us several thousand dollars.
Inventory has caused an external processing and data entry expense - this costs a couple of thousand dollars initially and now annually is a cost of $2,000 labor.
Statements that are not reflective of individual customer terms render some customers' statments useless.
Vendor payment management has eliminated late fees saving several hundred dollars per year.
The new licensing scheme has us looking at competitive systems and we are finding more than we expected at much less cost.
Customer support for assistance on older versions to recover the admin password cost us 4 months of delay and at least five thousand dollars in staff time.
Inability to make current history and setup configuration transfer to online - tried for several months, with QB Support which is not highly qulaified - many foreign phone answerers that just move to recover account option - total waste of time.

Alternatives Considered

NetSuite SuiteCloud Platform, Sage Intacct, Microsoft Dynamics GP, FreshBooks, Epicor Kinetic (formerly Epicor ERP) and GRAVITY

Other Software Used

Quickbase, Microsoft Excel

Usability

Meredith Turcotte View profile

Political & Tax Supervisor in Finance and Accounting at Atchley & Associates, LLP (11-50 employees employees)

Use Cases and Deployment Scope

We serve a client that needs bookkeeping for manufacturing, inventory tracking, and client billing.

Pros

automate builds
profitability reporting
large capacity for customers, vendors, and inventory items
desktop based

Cons

cost
can be time consuming to set up
desktop based

Return on Investment

consolidating AR and AP helped to ensure accurate bill payments, and streamlined customer account tracking.

Suzanne Burger View profile

Controller in Finance and Accounting at Caring Professionals, Inc. (1001-5000 employees employees)

Use Cases and Deployment Scope

We use QuickBooks for all of our accounting functions. It is user friendly; goes anywhere we go and has a tremendous capability for customization. I use the import functions, and this saves a lot of time when bringing in data from other applications. Even though there is a lot that can be done it is also easy to start using with not too much training.

Pros

Import data
Create reports
Pay bills

Cons

Single user/Multi user modes getting stuck
crashing
TLG files

Return on Investment

easy to use
reporting is clear

Other Software Used

aBILLity, Ramp, BILL

Usability

Verified User

Professional in Finance and Accounting (51-200 employees employees)

Use Cases and Deployment Scope

Our organization produces quite a bit of invoices on a daily basis before QuickBooks it was hard to track all of these, but with QuickBooks enterprise features it gave us a whole host of reports and other intuitive features that greatly assisted in not only streamlining our invoice processing but also greatly increased the overall productivity of the accounts department.

Pros

Accounting Reports
Invoicing
Reconciliation

Cons

Automated Reconciliation
Transaction Audit/History
Ability to view logs (who changed what)

Return on Investment

Great Time Saving

Alternatives Considered

Sage 300

Other Software Used

Adobe Acrobat, Dropbox Business, Salesflare

NetSuite ERP

Sage Accounting

Sage Intacct

QuickBooks Desktop Enterprise

What is QuickBooks Desktop Enterprise?

Categories & Use Cases

Key Features

Top Performing Features

Bank reconciliation

Pay calculation

Journals and Reconciliations

Areas for Improvement

Time tracking

Multi-currency support

Global Financial Support

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