Why QuickBooks.....?

Quite frankly, the question should be . . . why not?  Intuit, the makers of QuickBooks has successfully captured the majority share of the small business accounting software market with their On-Line, Pro and Premier versions. Last fall, they decided to enter the mid-market which they define as companies with 20 to 500 employees and with as many as 30 users. They entered this market featuring their Enterprise edition along with a suite of on-line integrated add-ons to address sales management, warehouse management, field services management, and a relational database offering called Quickbase. Even in this current economy, there are more companies switching to Enterprise than any other accounting software.

In our opinion, and depending on your needs, you cannot buy a more comprehensive, user friendly accounting program than QuickBooks Pro and Premier at anything near the cost of QuickBooks.   In the mid-market, we see clients choosing Enterprise and saving anywhere from a few thousand to as much as a hundred thousand dollars.

Regardless of the size of your company, when considering which accounting software to use, we suggest that you look at programs designed for your specific industry.  Many of these programs are expensive, but they generally offer functions that are not available in off the shelf accounting programs.  Make a list of the non-accounting functions that you cannot live without and then call us to find out if any of the QuickBooks versions can duplicate those functions.   The final step would be to calculate the cost of these "can't live without functions" that are not included in QuickBooks to see if the added expense is worth it.

In February of 08, we were working with an engineering firm that  was adamantly against QuickBooks because they perceived it to be far beneath their level of sophistication.  We were hired as consultants to research and find the best solution.  They were very impressed by a demo of an expensive package designed for their industry.  Near the end of the demo, a member of the accounting staff asked about payroll as it had not been included in the demo.  One of the presenters recommended QuickBooks payroll since their package did not include payroll   After comparing the package to Enterprise (we were not allowed to call it QuickBooks in front of employees), there were just two functions that could not be done in Enterprise. The difference in cost was $112,000.00.  They decided that they could live without those two functions, but we later added integrated solutions for under $3,000.00.

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