Great solution for small businesses
January 17, 2020

Great solution for small businesses

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Desktop Enterprise

We used Quickbooks Enterprise for accounting, manufacturing, purchasing, sales reporting, and financial requirements. Our production, supply chain, and administrative staff used the software, along with one engineer who entered the bill of materials for products we make. We did not use it for sales, marketing, or customer service needs, as it was impractical and difficult to extend access to a large number of users concurrently.

Pros

  • Ease of use for financial reporting.
  • Understandable workflow.

Cons

  • Lack of features for manufacturing and production needs.
  • Lack of features for inventory management - One single on-hand inventory number.
  • Positive impact on business analysis with standard reports that are easy to access.
  • Positive impact on relationships with financial institutions with reliable reports.
We moved to Odoo from QuickBooks Desktop Enterprise due to the far advanced inventory management, planning, and control features. As a basic example, Odoo maintains multiple values for each inventory item, so we can easily see outgoing, on hand, and incoming inventory levels. Another big factor was the cloud-based solution which allows us to maintain a live inventory connection to our eCommerce store, and instantly sync order information to Odoo, which required an external plugin that involved a manual process with QuickBooks. Finally, Odoo has a fully-fledged manufacturing feature, with routes, work instructions, etc, while QuickBooks is limited to "Build" orders which are very rudimentary for serious manufacturing needs. We simply outgrew the capabilities of QuickBooks.
I would recommend QuickBooks to any company or organization that is looking for financial accounting and inventory management for non-complex manufacturing, about 50 employees or less, or any kind of service-based organization. I would not recommend it for any manufacturing or inventory-dependent retail operations that require advanced controls and planning for inventory (such as outgoing vs on hand inventory figures, etc).

QuickBooks Desktop Enterprise Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
6
Bank reconciliation
6
Expense management
8
Time tracking
Not Rated
Fixed asset management
5
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
8
Enterprise Accounting
4
Configurable Accounting
3
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
5
Automatic reordering
3
Location management
3
Manufacturing module
2
Pricing
6
Order entry
8
Credit card processing
Not Rated
Cost of goods sold
5
Order Orchestration
5
End-to-end order visibility
6
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
7
Standard reports
8
Custom reports
7
API for custom integration
Not Rated
Plug-ins
6
Role-based user permissions
8
Single sign-on capability
Not Rated

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