There are numerous ways to know if you’ve outgrown your version of QuickBooks. Here’s a look at what QuickBooks Enterprise Solutions can do for you.
If you don’t have a terribly complex or sizable business, QuickBooks Pro or Premier and their add-ons may be serving you well. But how can you tell when it’s time to advance to Intuit’s top-of-the-line desktop product, QuickBooks Enterprise Solutions?
First, you need to determine if, in fact, the edition you’re using can actually do some of the things you think you’re missing. Perhaps you need to take a QuickBooks tutorial to learn how to use QuickBooks more comprehensively. Want to find out? Take this quiz to find out how well you know QuickBooks.
Here are some of the ways you can tell whether it’s time to move up:
- Do you have additional company locations, or simply need to create multiple company files?
QuickBooks Enterprise Solutions lets you combine reports from multiple companies.
- Are you frustrated with the limitations of your inventory management tools?
- Has your transaction volume increased considerably?
- Do you need more capacity for storing records of customers, vendors and items?
- Are you finding that you just can’t dig deep enough with QuickBooks’ reporting tools?
- Have the roles and/or departments in your business become more specialized so that you need better control over who can access, create and edit data?
- Are you involved in a specialized industry that has specific accounting needs?
If you answered yes to a few of these questions, it would be well worth your while to enroll in a QuickBooks training course, or just explore QuickBooks Enterprise Solutions on your own.
First, QES gives you much greater capacity for your QuickBooks file(s). You’ll jump from a maximum of 14,500 items, customers and vendors to 100,000+. Your ability to add more accounts, classes, customer types, etc., is also vastly improved.
Second, rather than being limited to only five simultaneous users, you can allow up to 30 people to work on your QuickBooks data at the same time. And your maximum number of custom fields in customer, vendor, etc. records jumps from six to 12.
Here are some other advantages that QuickBooks Enterprise Solutions has over the more junior versions:
- More differentiated user access levels
It’s much easier to assign specific access and roles to users in QuickBooks Enterprise Solutions.
- Employee Organizer
- Intuit Statement Writer
- Multiple company file creation and maintenance; can work in two companies simultaneously
- Multi-user mode activities expanded
- More default settings
- Multiple warehouse/location inventory support
- Better drill-down in item-tracking
- Hundreds of price levels
- Stock status reports
Though you’ll have to learn some new features, you don’t have to worry about taking on a new accounting solution, since QuickBooks Enterprise Solutions looks and works the same as QuickBooks Pro and Premier. So by upgrading, you’ll get the best of both worlds: a familiar user interface and set of tools, but far superior flexibility, customizability and data capacity.