Quickboooks Enterprise for Midsized Business
March 27, 2015
Quickboooks Enterprise for Midsized Business
Score 10 out of 10
Vetted Review
Verified User
Software Version
Quickbooks Enterprise Solutions 15.0 Multi-User
Modules Used
- Banking, Vendors, GL, Inventory, some Customers, Reports
Overall Satisfaction with QuickBooks Pro
The Quickbooks is used by the Finance Department. It is used for banking, vendor billing and payments, Inventory tracking for assets primarily, Income banking, Customers deposits, Financial Reports and Costing Analysis. We load our customer billing summaries into the income module using AR Codes tied to GL Codes and the Vendor billings into the AP with specific expense sub-categories. This is then used for costing analysis.
Separately I've set up a different company to use Quickbooks as a simple to use data base program and I load monthly income breakouts into that module and analyse it by state and month for our state reports.
Separately I've set up a different company to use Quickbooks as a simple to use data base program and I load monthly income breakouts into that module and analyse it by state and month for our state reports.
- Banking, bank reconciliations and Credit Card Reconciliations. Quickbooks allows for detailed breakdowns of all expenses and types and a very flexible bank/credit card programming that allows me to manage all my accounts in the least amount of time.
- General Ledger data entry and analysis is easy to do with unlimited GL entry forms and other customizations possible using the GL entry screens and tracking.
- Quickbooks also has a background audit trail function that allows you to review any changes made to the data in any amount of time and to also recover data on deleted transactions.
- Quickbooks data base grows and grows. Our data file is now 2 Gig. I have tried to shrink it many times but the program is cumbersome and so far I have had little success. My only real complaint.
- We have only had Quickbooks for our entire corporate life so I wouldn't have a comparison.
- As for our overall financial management the program is critical to management decisions, reporting and tax management.