TrustRadius: an HG Insights company

QuickBooks Desktop Enterprise

Score7.9 out of 10

792 Reviews and Ratings

What is QuickBooks Desktop Enterprise?

QuickBooks Desktop Enterprise is a widely-used accounting package designed for small to mid-sized businesses. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999 / year.

Top Performing Features

  • Pay calculation

    Pay calculation provides for computation of employee pay with state and federal deductions.

    Category average: 8.5

  • Bank reconciliation

    The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

    Category average: 8.5

  • Direct deposit files

    Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

    Category average: 8.3

Areas for Improvement

  • Manufacturing module

    The software helps track and manage raw materials, work-in-progress items, and finished goods.

    Category average: 6.5

  • Custom reports

    Users can create custom reports.

    Category average: 8

  • Plug-ins

    A number of third-party plug-ins are available to expand the core functionality of the software.

    Category average: 7.9

QuickBooks Enterprise - would highly recommend

Use Cases and Deployment Scope

I process payroll weekly. I pay bills weekly. It allows for quick and easy accounts receivable. The taxes are figured for you as well as sales tax. This all is a time savor and have never known of it to be incorrect. It is very user friendly. I run monthly reports each month and it is easy to follow, and I like the drill down feature.

Pros

  • payroll
  • taxes
  • sales tax

Cons

  • run accounts receivable without including packing slips
  • easier to make custom reports
  • find accounts balance easier

Return on Investment

  • saves time daily
  • its as accurate as the person who inputs the information

Alternatives Considered

QuickBooks Desktop Pro

Product review after using Quickbooks Desktop Enterprise for 13 years

Use Cases and Deployment Scope

I use QuickBooks Desktop Enterprise to record revenue, recognize receipts and complete bank deposits, record and pay bills, and generate financial statements & reporting for tax return preparation. One issue I deal with is pulling revenue transactions from a Microsoft Access database into QuickBooks Desktop Enterprise. This issue is resolved by utilizing a third-party vendor.

Pros

  • Multi user capability
  • Multi company ability
  • Ease of changing dates and amounts and other editing features
  • Providing an audit trail for determining dates and identity of transaction recording

Cons

  • Easier deleting of deposits and payments
  • Easier exporting into Excel
  • More robust printing capabilities

Return on Investment

  • It has saved us in excess of $360,000 over a 10-year period
  • It does a great job of consolidating multiple companies for us
  • QuickBooks Desktop Enterprise allows us to edit dates, amounts, and customer & vendor names

Other Software Used

Microsoft Excel, Microsoft Access

Quickbooks Desktop Enterprise is Excellent!

Use Cases and Deployment Scope

We used QuickBooks Desktop Enterprise for paying our vendors, bank reconciliations, and budgeting. We utilize the budgeting for our board meetings and present financial reports to the board. It is exceptional because it can easily be exported to Excel and modified to show the data needed.

Pros

  • Updates on time
  • Data for financial reports anyway you want it
  • Bank Reconciliation

Cons

  • Anytime there is a change then a notice needs to be sent
  • The PDF format for bank recs changed and I don't like it
  • More filters to create special reports

Return on Investment

  • There is no negative impact, only positive.

Alternatives Considered

QuickBooks Online

QuickBooks Desktop Enterprise is a great core financial tracking program

Use Cases and Deployment Scope

QuickBooks Desktop Enterprise allows us to create financial reports and track inventory. multiple user interface is very helpful! We also used it for payroll for a long time, until our database got too large and we had to move to a different platform (weekly payroll for 200 employees). The ease of creating and customize reporting has been a great way for us to track and communicate with teams

Pros

  • Reporting
  • multi-user
  • import of transactions

Cons

  • database stability
  • pricing - inventory & payroll are bundled, and we only use inventory
  • multiple admins would be helpful also

Return on Investment

  • financial reports transaparency
  • accountant access is great
  • shared access saves time (and paper reporting)

Alternatives Considered

ADP Workforce Now and SIMMS

Other Software Used

Microsoft Dynamics 365, BILL

Usability

A Great Product for Businesses with Multiple Locations.

Use Cases and Deployment Scope

We use QuickBooks Enterprise to manage inventory, sales orders, and purchases. It's also used to keep track of employee time and income that we receive. We have multiple locations that each have their own purchases and inventory. QuickBooks is used to monitor inventory at each location and keep track of all expenses and income in real time.

Pros

  • Inventory management.
  • Timekeeping.
  • Bookkeeping services.

Cons

  • User Interface.
  • Bank Feed.
  • Payroll

Return on Investment

  • Time saving.
  • Automating data entry.
  • Easily creating budgets.

Other Software Used

PioneerRX