How do you know that you have outgrown your QuickBooks accounting software?
There are many indictators that should tell you it is time you need to switch to a real accounting software with more robust features for the size of your company. Here are some pointers for you to know you’ve outgrown your QuickBooks:
- You’re using Excel more and more for your reporting needs
- You’re adding more people in the accounting function to do tasks that can be avoided if you had a more robust system
- QuickBooks file size is about to blow up because of the limitation of the size and your data
- You have an non-integrated E-Commerce website and you have to do manual updates to both accounting system and your webstore
- You know that it is quite unacceptable to delete a transaction without having any audit trail
- There is no true Inventory Management capabilities so you end up doing things manually
- There is no true Manufacturing Software capabilities so you end up doing things manually
Can you list more issues with your QuickBooks? Please tell me.
Here are some tips on evaluating new accounting software:
- Make a list of all the reports you need to run your business
- Make a list of all the business issues your company faces and your ideas of possible solutions
- Find out what similar companies in your industry are using and happy with
- Make sure you have a set budget in mind to spend on the software, implementation, hardware, and support contracts
Tags: Accounting Software, Business Intelligence, Excel Problems, Inventory Management, Outgrown QuickBooks, QuickBooks problems