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ERP Software Analysis

QuickBooks Desktop Enterprise

PRODUCT INFORMATION:

Vendor: Intuit Inc.

Release Date: 2002

PRODUCT MARKET FIT:

14,200 Employees

$12B Revenue

 

DEPLOYMENT:

✅ Cloud

✅On-Premise

CUSTOMERS: 400+

WHAT IS QUICKBOOKS DESKTOP ENTERPRISE?

QuickBooks Desktop Enterprise is a cloud-based, customer-centric, end-to-end comprehensive accounting solution that offers all the features and functionality small and medium businesses need to manage their finances.

It offers many features and benefits for businesses and is designed for businesses with complex financial needs, such as payroll management, inventory tracking, accounts payable and receivable management, advanced reporting, and tracking of multiple locations.

QuickBooks Enterprise is a best-in-class solution that offers a complete set of enterprise-grade features with customization options. Companies can tailor the software to fit their specific business requirements with custom fields, reports, and workflows. This makes it much easier to get the most out of the software and ensures that it meets your unique needs.

QB Enterprise offers a suite of features and tools to streamline financial operations in one centralized system and improve visibility into business performance, including 

  • Invoicing
  • Run reports
  • Manage job costing
  • Industry-specific features
  • Track income and expenses
  • QuickBooks Priority Circle
  • Advanced Inventory management
  • Manage bills and accounts payable
  • Work from anywhere with cloud access
DOWNLOAD FULL GUIDE TO QUICKBOOKS ENTERPRISE
  • MODULES & FEATURES

  • PROS & CONS

  • INDUSTRY FIT

  • HISTORY

  • DEPLOYMENT/INTEGRATION

Modules & Features List

QuickBooks Desktop Enterprise is a comprehensive accounting software solution that offers a variety of modules and features to help businesses manage their finances. The following is a list of some of the modules and features available in QuickBooks Desktop Enterprise:

Accounts receivable:

This module allows businesses to track invoices, payments, and outstanding balances. It also provides tools for creating reports and managing collections.

Accounts payable:

This module helps businesses keep track of bills, vendor payments, and credit card expenses. It includes tools for creating reports and making payments.

Banking and credit card transactions:

This module allows businesses to track bank account transactions and credit card charges. It includes tools for creating reports and reconciling accounts.

Inventory:

This module helps businesses track inventory levels, sales, and purchases. It includes tools for creating reports and managing stock levels. Easily find and locate inventory tasks items and reports all in one place.

Sales Tax:

This module provides tools for tracking sales tax liabilities and preparing tax returns.

Payroll:

This module helps businesses manage employee payroll, including calculating taxes and preparing paychecks. It includes direct deposit capabilities and tools for generating reports.

QuickBooks Desktop Enterprise Feature List:

  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • ACH Payment Processing
  • Access Controls/Permissions
  • Activity Dashboard
  • Activity Tracking
  • Aging Tracking
  • Approval Process Control
  • Asset Tracking
  • Audit Trail
  • Automatic Billing
  • BIM Modeling
  • Backorder Management
  • Bank Reconciliation
  • Barcode / Ticket Scanning
  • Barcode Printing
  • Barcode Recognition
  • Barcoding/RFID
  • Bid Management
  • Billing & Invoicing
  • Billing Portal
  • Bills of Material
  • Bookkeeping Services Integration
  • Budget Tracking/Job Costing
  • Budgeting/Forecasting
  • CPA Firms
  • Calendar Management
  • Cash Management
  • Cataloging/Categorization
  • Change Order Management
  • Check-in/Check-out
  • Client Management
  • Client Portal
  • Collaboration Tools
  • Commercial
  • Commission Management
  • Committee Management
  • Compliance Management
  • Compliance Tracking
  • Consolidation/Roll-Up
  • Construction Breakdowns
  • Contact Database
  • Contingency Billing
  • Contract/License Management
  • Contractor Management
  • Core Accounting
  • Cost Database
  • Cost Estimating
  • Customer Database
  • Customer Management
  • Customer Statements
  • Customizable Forms
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Discount Management
  • Distribution Management
  • Document Management
  • Document Storage
  • Donation Tracking
  • Donor Management
  • Due Date Tracking
  • Dues Management
  • Dunning Management
  • Duplicate Payment Alert
  • Enterprise Asset Management
  • Equipment Tracking
  • Expense Management
  • Financial Aid Management
  • Financial Management
  • Financial Reporting
  • Forms Management
  • Fraud Detection
  • Fund Accounting
  • Fundraising Management
  • General Ledger
  • Grant Management
  • HVAC Estimating
  • Incident Reporting
  • Income & Balance Sheet
  • Integrated Business Operations
  • Inventory Management
  • Inventory Tracking
  • Invoice Management
  • Job Costing
  • Job Management
  • Manufacturing Planning
  • Member Database
  • Mobile Access
  • Order Entry
  • Order Fulfillment
  • Order Management
  • Order Tracking
  • Overpayment Processing
  • Overrun Reporting
  • Payment Collection
  • Payment Processing
  • Payroll Management
  • Permit Management
  • Plumbing Estimating
  • Point of Sale (POS)
  • Product Identification
  • Production Cost Tracking
  • Profit/Loss Statement
  • Progress Reports
  • Project Accounting
  • Project Billing
  • Project Management
  • Project Scheduling
  • Project Tracking
  • Proposal Generation
  • Purchase Order Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • Real Time Synchronization
  • Receipt Management
  • Receivables Ledger
  • Recurring Orders
  • Recurring Payments
  • Reporting & Statistics
  • Reporting/Analytics
  • Rescheduling
  • Returns Management
  • Revenue Recognition
  • SKU/UPC Codes
  • Sales Orders
  • Sales Reports
  • Sales Tax Management
  • Serial Number Tracking
  • Shipping Labels
  • Shipping Management
  • Special Order Management
  • Spend Management
  • Staff Calendar
  • Staff Management
  • Status Tracking
  • Stock Management
  • Subcontractor Management
  • Summary Reports
  • Supplier Management
  • Supply Chain Management
  • Task Management
  • Tax Calculation
  • Tax Management
  • Time & Expense Tracking
  • Time Tracking
  • Timesheet Management
  • Vendor Management
  • Visual Assemblies
  • Volunteer Management
  • Warehouse Management
  • What-if Analysis

 

Pros & Cons

Pros:

QuickBooks Desktop Enterprise is now a comprehensive solution that includes features for bookkeeping, invoicing, tracking inventory, and more.

One of the main benefits of QuickBooks Desktop Enterprise is that it includes a feature called "Class Tracking." This feature allows businesses to track their income and expenses by class. This is a great feature for businesses that have multiple income streams. 

Another benefit of QuickBooks Desktop Enterprise is that it includes a "Payroll" feature. This feature allows businesses to run payroll and send out paychecks. QuickBooks Desktop Enterprise also includes a "Billing" feature. This feature allows businesses to create invoices and track payments.

QuickBooks Desktop Enterprise offers a number of features and benefits, including: 

  • Reduces IT costs and complexity. 
  • Streamlines financial operations and improves efficiency. 
  • Get real-time visibility of invoice statuses to expedite collections.
  • QuickBooks Desktop Enterprise is cloud-based, so it is always up-to-date.
  • Single platform for managing all your financial processes.
  • Easily import and export financial data from Excel and other programs.
  • Provides a complete view of your customer's financial journey. 
  • QuickBooks Desktop Enterprise offers a pay-as-you-go pricing model, so you can start small and scale up as your business grows.

Cons:

  • Implementation process might take time.
  • Software is limited to Microsoft Windows Platform.
  • Issues with data conversion when upgrading versions.
  • Expensive annual subscriptions model, support and maintenance.
  • The system can be complex to configure and customize, so you'll need to have a team of experienced IT professionals on hand to help you.
  • Customization of FinancialForce ERP may require the help of an Intuit consultant.

Industry Fit

QuickBooks Desktop Enterprise provide specialized editions for specific industries, there are many different industries that can benefit from using QuickBooks Desktop Enterprise, including:

Retailers:

QuickBooks Desktop Enterprise can help retailers track inventory, sales, and customers. It can also generate reports that can help retailers make strategic decisions about their business.

Manufacturers:

QuickBooks Desktop Enterprise can help manufacturers track production costs, inventory levels, and sales. It can also generate reports that can help manufacturers improve their operations and bottom line.

Wholesalers:

QuickBooks Desktop Enterprise can help wholesalers track inventory, sales, and customers. It can also generate reports that can help wholesalers make strategic decisions about their business.

Service businesses:

QuickBooks Desktop Enterprise can help service businesses track expenses, invoices, and customers. It can also generate reports that can help service businesses improve their operations and bottom line.

QuickBooks Desktop Enterprise is designed specifically for businesses. It offers industry-specific features and functionality to help businesses streamline their accounting processes including: 

  • Education 
  • Legal
  • Manufacturing
  • Public sector
  • Government 
  • Professional services 
  • Business services
  • High-tech
  • Energy and oil 
  • Financial services
  • Consumer products 
  • Nonprofit Organizations
  • Transportation
  • Telecommunications
  • Engineering
  • Healthcare services, and much more. 

History

QuickBooks is an accounting software package by Intuit Inc. (An American Software company. Intuit was founded in 1983 by Tom Proulx and Scott Cook, headquartered in Mountain View, California, USA. Intuit went public in 1993.

QuickBooks Desktop Enterprise has a long and rich history, dating back to its origins as a simple accounting software solution. QuickBooks Desktop Enterprise has come a long way since then, evolving into a comprehensive enterprise solution that helps businesses manage their finances with ease and accuracy. QuickBooks was first released in the early 1990s, when personal computing was in its infancy. In 2002, the first QuickBooks Enterprise version was launched for SMBs and large enterprises. Later in 2012, QuickBooks launched QuickBooks Desktop Enterprise, a version of QuickBooks specifically designed for businesses with more complex accounting needs.

Today, it offers a flexible and improved set of features and capabilities, making it a leading choice for businesses of all types. QuickBooks Desktop Enterprise version 23.0 is now a comprehensive solution that includes features for bookkeeping, invoicing, tracking inventory, and more.

Deployment Options

On-premises and Cloud-based

Integrations

  • Sage 50
  • Salesforce CRM
  • Microsoft 365
  • SuiteDash
  • Quicken
  • Method CRM
  • FollowUp CRM
  • WorkforceHub
  • SPS Commerce
  • E-commerce integration
  • Salesboom CRM Suite
  • QuickBooks Online Advanced

 

QuickBooks Desktop Enterprise User Interface (UI)

The QuickBooks Desktop Enterprise software has a sleek and modern user interface and provides a 360-degree view of an organization’s accounts and finances. It supports Windows and MacOS X platforms. (MacOS in the USA only).

The first thing you'll see when you open QuickBooks is the Dashboard, which gives you an overview of your recent activities and current financial situation. From the Dashboard, you can access all of the different areas of the software, such as your Accounts, Customers, Vendors, Employees, and Reports. Accounts is where you'll track all of your income and expenses, and you can categorize them however you like. Customers is where you'll store contact information for all of your clients, and you can also set up invoicing and payments from this area. Vendors is where you'll track all of the businesses you work with, such as suppliers or service providers. Users can import data from other software applications or from Excel spreadsheets. Once information is input into QuickBooks, it is displayed in various ways depending on the user's needs. For example, users can view their data in the form of graphs and charts, or they can view it in a list format. Additionally, users can customize the way information is displayed by creating reports. Reports can be created based on various criteria, such as date, customer, or product.

The software is mobile friendly and can be used on any device including Android, iOS and Blackberry mobiles from anywhere, anytime.

Frequently Asked Questions (FAQ)

What is QuickBooks desktop Enterprise?

QuickBooks Enterprise is a powerful accounting software that offers many features and benefits for businesses. Enterprise is designed for businesses with complex financial needs, such as payroll management, managing inventory, accounts payable and receivable management, advanced reporting, and tracking of multiple locations.

When was QuickBooks founded?

Intuit Inc. launched QuickBooks accounting software in 1983 (formally named “Quicken”, just after 2 years when IBM launched its first personal computer.

Who is QuickBooks's CEO?

Sasan Goodarzi

What are the minimum system requirements for QuickBooks Desktop Enterprise?

Windows 8 or later (64 Bit), 8 GB RAM (16 GB recommended), 2.5 GB Disk space, with Display 1280×1024 screen resolution or higher. 

How much revenue does QuickBooks generate?

QuickBooks generates $50M in revenue

How many users can I add to QuickBooks Desktop Enterprise?

QuickBooks Desktop Enterprise is available with 10 user licenses which is up-gradeable up to 40 Users

Is QuickBooks available in industry-specific editions?

 QuickBooks Desktop Enterprise provides specialized editions for specific industries, there are many different industries that can benefit from using QuickBooks Desktop Enterprise.

Where is QuickBooks's headquarters?

QuickBooks's headquarters is in Mountain View California, USA

How many employees does QuickBooks have?

QuickBooks has 14,200 employees

What sector does QuickBooks operate in?

Construction, Manufacturing and Distribution, Non-Profit organizations, Attorneys (legal), and Retail (including restaurants and online storefronts).

Who are QuickBooks's competitors?

QuickBooks's top competitors are FreshBooks, Wave, Sage

What is the latest QuickBooks Enterprise version available?

 QuickBooks Desktop Enterprise version 23.0

 

 

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