Not every business that uses QuickBooks Enterprise should move to Acumatica. Those businesses that have simple processes are better off moving to one of the small business cloud accounting systems like Xero, QuickBooks Online and Sage Instant.
So which businesses are a good fit for Acumatica?
Provided below are a list of common factors that have made our clients choose Acumatica;
If you have more than one trading company in your group then this will inevitably lead to a need for financial consolidations and inter-company accounting.
Product Picking and Shipping
If you sell product then you need the system to track orders to be picked, shipped and invoiced rather than the order to invoice process that QuickBooks provides. You may even need to track serial and lot numbers through the product cycle.
If your business is project based then you may need more functionality such as multiple levels within a project, monthly project budgets and on-line timesheets.
Expense Claim Process
If your business has a reasonable amount of employee expense claims to process then you need a mobile application for the entry and attachment of receipts and a system that routes the claim for approval.
If you need to track leads and sales opportunities they should be in the same system where you can easily convert them to customers and quotes to orders.
Deferred Income Accounting
If you provide a service that spans a period of time then you are required to spread the income over the period covered.
If you need more sophisticated management and financial reporting.
Order to Purchase
If you raise purchase orders on the back of a sales order and you need to see the profitability of a particular sales order.
If you operate through branches and businesses in different countries then in addition to the need for consolidation you will need a system that provides the correct VAT return, chart of accounts and even languages.
If your business matches any of these factors and you are looking to move off QuickBooks Enterprise then do give us a ring. We have some interesting options to make the transition as smooth as possible.
Tascoli are dedicated to bring you the latest information about ERP and how it can benefit your business. We implement, integrate and offer on going support to Acumatica ERP UK, Sage 300 UK and QuickBooks Enterprise Solutions UK (now discontinued).
Tascoli are an ERP and accounting software services company in the UK and Europe. Our passion is your business efficiency.