QuickBooks ideal for small businesses not mid to large-sized businesses
November 26, 2019

QuickBooks ideal for small businesses not mid to large-sized businesses

Luke O'Neill | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Desktop for Mac

It was being used by our organization for all accounting tasks such as month-end close, posting invoices, posting receivables, etc. It is the first accounting software we have used so it basically allows us to organize our transactions into profit and loss/balance sheets for all our entities. It has a lot of good short cuts to make posting transactions quicker.

Pros

  • A plethora of good short cuts.
  • Ease of posting journal entries.
  • The advanced search feature.

Cons

  • Managing multiple entities.
  • Freezing during long journal entries.
  • Inability to import journal entries.
  • Meant for smaller businesses, we outgrew QuickBooks.
  • The ROI was good for when we were a smaller company because it is a lot cheaper than other more sophisticated programs.
  • The negative impact is that it caused a lot of extra manual entering and data entry that too often resulted in mistakes.
We just switched to Sage Intacct over from QuickBooks because we outgrew it.
I would highly recommend QuickBooks to smaller businesses with less than 5 or so entities. It is not appropriate for medium to large-sized businesses with a lot of daily transactions and multiple entities.

QuickBooks Desktop for Mac Feature Ratings

5.5
Accounts payable
7
Accounts receivable
7
Cash management
5
Bank reconciliation
5
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
5
Multi-currency support
Not Rated
Multi-division support
1
Regulations compliance
8
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
9
Intercompany Accounting
1
Localizations
Not Rated
Journals and Reconciliations
9
Enterprise Accounting
Not Rated
Configurable Accounting
8
Centralized Rules Framework
1
Standardized Processes
Not Rated
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
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
8.5
Dashboards
Not Rated
Standard reports
9
Custom reports
8
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
9.5
Role-based user permissions
9
Single sign-on capability
10

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