Great accounting system, lacking in inventory management
February 09, 2018
Great accounting system, lacking in inventory management
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with QuickBooks Enterprise Solutions
We are a marine hardware manufacturer that has been utilizing QuickBooks for over 18 years. We upgraded to QuickBooks Enterprise from QuickBooks Premier about 5 years ago to take advantage of their inventory functions. We use QuickBooks for all aspects of our business; accounting, sales, inventory, and assemblies/kitting. QuickBooks is a fantastic accounting system, but lacks in inventory functionality. There is no real 'barcoding" functionality, even though their brochures say "barcoding is now available in Enterprise 18". It is not a true WMS system that will improve functionality in warehouse and inventory control.
- QuickBooks was developed as an accounting system and does a fantastic job.
- Reports are very easy to pull and customize as you need them. You can also save customized reports in your own individual folder, however, these reports would be visible to all with report writing access. They also have "advanced reporting" which you need to understand programming to use.
- Easy interface to learn and use.
- Inventory control is difficult in QuickBooks. Transaction tractability is nonexistent unless you scroll through a year's worth of transactions.
- Kitting and build assemblies are very basic and do not operate like a true ERP solution. The worst part of it is if a component is used in an assembly process, there is no usage reporting for that component. It is removed from inventory, but cannot be traced through any of the inventory reports.
- Unstable database - I must continually run "rebuild" because of inventory mismatch errors and costing inbalance.
- The inventory management system needs a lot of improvement.
- The accounting system allows us to minimize professional fees as many functions can be completed in-house.