Excellent accounting suite for smaller companies
January 10, 2020

Excellent accounting suite for smaller companies

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Desktop Enterprise

Quickbooks Desktop Enterprise is used across the whole organization as our full-service accounting suite. We use it for general accounting, job costing, budgeting, sales forecasting, and expense management.
  • Robust options for reporting: if there's information I need, there's a good chance one of the built-in reports can provide it.
  • Comparison of current year to previous years: Quickbooks Desktop Enterprise makes it easy to see prior years' information right next to the current year's data, and offers some basic analysis by default.
  • Bank feeds can be somewhat clumsy.
  • Updates sometimes drastically change the look of the Quickbooks interface, and that can be challenging.
  • ROI is enormous; before using Quickbooks Desktop Enterprise, we had no idea what our COGS were. So we just assumed we were profitable; Quickbooks Desktop Enterprise allowed us to calculate COGS accurately and adjust certain operations to increase profit.
  • Aside from the money aspect, it's a huge relief to have access to useful information, and Quickbooks Desktop Enterprise allowed us that access and made it easy to decipher the data.
Microsoft Dynamics SL is a robust accounting suite that I've used at other companies, but it's just too complicated for use in a small business. The configuration requirements are too burdensome for a small company that may not have a full-time IT department and accounting team.
We used Quickbooks Desktop Enterprise to handle all order entry and invoicing, and it worked well for our small business of around 35 employees. But when we grew to over 100 it became cost prohibitive to give everyone access to the system. The enormous cost led us to move order entry and invoicing to a different platform, with Quickbooks Desktop Enterprise utilized only for final accounting rather than day-to-day use.

QuickBooks Desktop Enterprise Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
7
Expense management
10
Time tracking
6
Fixed asset management
10
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
8
Self-service portal
8
Global Financial Support
Not Rated
Primary and Secondary Ledgers
10
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
10
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
8
Standardized Processes
8
Inventory tracking
10
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
10
Order entry
10
Credit card processing
10
Cost of goods sold
10
Order Orchestration
10
End-to-end order visibility
10
Order exception Resolution
10
Pay calculation
10
Benefit plan administration
7
Direct deposit files
Not Rated
Salary revision and increment management
5
Reimbursement management
10
Dashboards
8
Standard reports
10
Custom reports
10
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
10