QuickBooks Enterprise Review

flag 7 million customers worldwide
  • 200+ Built-in, customizable reports

  • Cloud-based & accessible on multiple devices

  • Trusted & used by professional accountants

  • Expert customer support

Pros & Cons

  • Robust & secure platform
  • Customizable, highly intuitive dashboard & reports
  • Numerous integrations
  • Flexible industry-specific editions
  • Payroll costs extra
  • Learning curve

Plans & Pricing

QuickBooks Enterprise features three unique plans with robust features. Depending on your business budget and needs, you can choose from QuickBooks Enterprise Gold, QuickBooks Enterprise Platinum, and QuickBooks Enterprise Diamond. You can choose to have Core, Classic, or Deluxe cloud access for each plan. This pricing review covers all three plans using the Core (the most basic) cloud access on the platform.

QuickBooks Desktop Enterprise Gold Plan

QuickBooks Desktop Enterprise Gold is the cheapest plan in the QuickBooks Enterprise series. It goes for $136.64 per month per user for the first year and comes with a lineup of excellent features.

On this plan, you get to enjoy the business-boosting QuickBooks Priority Circle service in addition to a dedicated customer support experience. Despite being the basic QuickBooks Desktop Enterprise plan, this plan still offers you data security by providing cloud access and an online storage system to back up your data.

You also enjoy premium payroll and reporting services alongside integration with your eCommerce platform at an extra fee. You’ll also never lag behind innovation because you’ll always have automatic upgrades of all your QuickBooks products.

QuickBooks Desktop Enterprise Platinum Plan

If you are a manufacturer, contractor, retailer, or wholesaler, this plan makes for an ideal platform for your business. It goes for $138.30 per month for each user with access and comprises a vast array of valuable functions.

In addition to the mouthwatering features of the Gold Plan, the QuickBooks Desktop Enterprise Platinum Plan boasts of advanced pricing and inventory, as well as bill approval workflows.

QuickBooks Desktop Enterprise Diamond Plan

If you’re a business owner and you’re looking to up your automation game, the QuickBooks Desktop Enterprise Diamond Plan has been optimally designed to meet your needs. It goes for a monthly rate of $221.10 for each admitted user and makes running your business as seamless as possible.

On this plan, you can enjoy the full features of the Platinum plan and a host of other premium features. At the rate of $1 per pay period per employee, your business will have less to worry about payroll as the platform’s assisted payroll is available on this plan. This plan also features a CRM connector add-on for $150 per month for each company to ensure that your customer relations data are easily synced with your business profile.

Gold
$136.64 /month
Platinum
$138.30 /month
Diamond
$221.10 /month

Overview

With over 7 million users, QuickBooks ranks among the most popular accounting platforms for small and mid-sized businesses. It offers desktop and online versions to meet the needs and preferences of companies. The desktop version of this premium software is known as QuickBooks Enterprise. It serves businesses with a wide array of robust financial solutions.

QuickBooks Desktop Enterprise is accessed from a desktop and must be installed and hosted within a business’s location. It is designed for medium to large businesses that can pay a reasonable price for premium accounting and financial management solutions. This version of the QuickBooks software allows up to 40 users access to the platform. It ensures maximum flexibility with the uniqueness of every business.

Rating

  • "Price"
    8 /10
  • "Features"
    10 /10
  • "Ease of Use"
    8 /10
  • "Help and Support"
    9 /10

Features and Functionality

Job Costing

With QuickBooks Enterprise, you cannot go wrong with evaluating the costs of the different parts of your business and taking charge of your cash flow. This software improves your profit margin by capturing every cost via accurate estimates and project expenses tracing.

This feature makes business seamless for contractors and professional service providers. It ensures that you recognize the profitable aspects of your business to make modifications where necessary. With this QuickBooks Desktop Enterprise feature, automated cost tracking, employee time tracking, flexible billing rates to unassigned expenses, and job progress reports, your profit margin cannot go wrong.

Advanced Inventory Management

QuickBooks Desktop Enterprise is also prominent for its advanced inventory management feature. It automates warehouse management by facilitating product tracking via serial and lot numbers, real-time inventory audit, and customized and insightful inventory reports.

This feature also ensures adequate order management by empowering employees to prioritize and fulfill sales orders. It also gives you access to valuable order information to create and track order tasks for warehouse employees. Finally, you can also enjoy faster order delivery and reduced error during order data entry.

Advanced Reporting System

With over 200 built-in report templates, nothing makes reporting as effortless as the QuickBooks Desktop Enterprise platform. With this feature, you can adequately capture every step of your business and tailor the reports to the uniqueness of your industry. The advanced reporting system of this platform also has tools to help you revise your reports and predict the future of your business.

And if the reporting platform appears more complex than your business’s capacity, Intuit has created an Advanced Reporting Training Center to help hone your reporting skills.

Cloud Accounting & Data Security

While QuickBooks Desktop Enterprise requires software installation and hosting, you still get to enjoy accounting services synced and backed up in the clouds. In essence, your business data will be stored in the cloud and accessed anytime from any device. You’re also assured of data security. The system is protected by bank-level security to ensure that your data is only accessible to you and other authorized members of your team.

Field Service Management

This feature of QuickBooks Desktop Enterprise keeps you abreast of the day-to-day occurrences in your business. It helps you access these activities, as well as where they’re taking place and the people responsible for executing them. This system tags along with your QuickBooks Desktop Enterprise subscription and can be integrated with your QuickBooks orders.

With Intuit’s Field Management System, you can easily schedule, assign or reassign your work orders to your team members. It also harnesses GPS and mapping tools to keep you up to date with the locations of your workers. You’ll never be lost during the execution of your projects.

Payroll Processing

For an additional charge, complete payroll services are included in all QuickBooks Desktop Enterprise plans. These services include full-service payroll and employee payment completion via next-day direct deposits. QuickBooks also stores W2 forms for your business and provides automated tax filing.

Ease of Use

Although it’s not rocket science, familiarizing yourself with QuickBooks does take some effort. The platform itself is set up almost instantly. As with all accounting platforms, you will need to set up your company initially. Once your company information is added, you’ll find that the interface is clean and easy to use, with a navigation bar on the left-hand side and a simple layout. There’s also a search bar where you can find transactions, contacts, and reports.

Don’t be scared away if the dashboard seems foreign to you; QuickBooks has a rich library of tutorial videos and product tours to help you get up and running. Since it’s such a popular platform, there are also countless how-to videos on YouTube and other third-party sites to help you navigate the platform seamlessly. Intuit hosts two-day classes in various cities throughout the United States if you prefer to learn in person.

Add-ons and Integrations

Intuit carefully designed QuickBooks Enterprise to be integrated with multiple applications and platforms. Below is an outline of some of the essential add-ons and integrations that make QuickBooks so powerful:

  • Import transactions from PayPal, Square, your bank, and other financial institutions
  • Link Shopify and other e-commerce platforms to track both sales and sales tax
  • Process payments with mobile credit card readers or POS
  • File both federal and state payroll taxes directly from your dashboard
  • Download the QuickBooks app on both Androids and iPhones
  • Link with Bill.com to automate your accounts payable process
  • Sync Method: CRM to keep track of all customer interactions

Customer support

The team at QuickBooks is available via chat and phone 12 hours per day during the week and between 6 am and 3 pm PCT on Saturday. All level accounts come with unlimited customer service, and the advanced plans come with a dedicated account manager. Along with technical support services, there’s a detailed FAQ page with questions ranging from payroll to backing up data. If you’re a visual learner, there are countless tutorial videos on the company’s official website and YouTube.

  • Phone Support
    Phone support is available 9 am – 6.30 pm ET during the week and 10 am - 4 pm ET on Saturdays and Sundays.
  • Live Online Chat
    Online chat support is also available.
  • Email
    Email QuickBooks a question, and they'll get back to you shortly.
  • Video Tutorials
    QuickBooks offers a wealth of tutorial videos. You can find more walkthroughs on YouTube.
  • FAQ
    QuickBooks has an extensive FAQ library.
  • Community Forum
    If QuickBooks' resources can't answer your question, you can ask it in the community forums.
  • Blog
    QuickBooks' blog is full of helpful information.

Final Word

Often regarded as the industry standard, QuickBooks is a powerful accounting tool for small to mid-sized businesses. From inventory management to financial reporting, the various plans available make it easy to find the right fit for your business. The cloud-based platform is user-friendly and continually improved with new features and add-ons. With tons of helpful resources available online, you’ll never be left in the dark. QuickBooks Desktop Enterprise does not only take away the headaches of pen and paper bookkeeping. It also gives you more time and tools to analyze the profitability and success of your business.

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Murad Jaffery>
Murad Jaffery
author

Murad Jaffery is a chartered accountant specializing in the field of accounting and finance. He has been writing on these areas for nearly a decade, and is also an accounting tutor. He holds master’s degrees in accountancy and English literature. Murad enjoys traveling and reading.

We make the best effort to present up-to-date information; however, the terms of each offer can be revised according to the service provider’s discretion. The above shall not be considered as an expert or professional advice for any matter.

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