QuickBooks - How does it compare ?
A Schedule of Unique Benefits
Quickbooks has many advantages over its nearest rivals. Some of these benefits include:
Quickbooks has the ability to select only the columns you require in each report.
Specific date ranges can be used, across the end of your financial years.
Reports can be run on either
It is very useful to be able to refer to information on two reports, at the same time.
Quickbooks allows both of these to be on screen at the same time.
How is that number made up?
That looks too high.
Quickbooks allows you to drill down to the source document.
For more effective contact management, Quickbooks allows you to define fields in your
Customer, Supplier and Item records.
A real benefit, whereby GST inclusive amounts can be entered on a Cash Sale Docket or Invoice.
The GST is split out automatically. Great for entering income off the Bank Statements.
GST is processed in a Journal as for Invoices, Cheques and Bills. Whether the entry relates to
purchases or sales can be specified.
With Quickbooks you can "hide" those Customers, Suppliers, Items and Accounts which you no longer are working with. The full list is easily recovered.
This is easily achieved, with data merged as well.
Preferred suppliers can be set for each stock item.
Purchase Orders can be created and used as the basis for receipting stock.
This enables you to retain data for several years in full detail. There is no Year-end purge or rollover.
This feature allows you to prepare a Profit Statement for each Division of your business, and view them side by side.
Repetitive transactions can be memorised and automatically created in Quickbooks, saving time in future data entry.
Separate screen display formats can be customised to record Cash Sales and Invoices.
The printed documents can be customised differently as required.
Quality of your logo is maintained on importing for use on Invoice.
This is available on all amount fields, and allows the operator to add a series of numbers within the document.
Dates can be set to allow Debtors Statements to cover any given period.
You can set up separate Debtors Ledgers, to cover different aspects of your business.
The Icon bar is customisable and can include frequently used reports
The Pro version allows for Quotes to be created, markup determined, and Invoices created automatically.
Standard reports provide comparisons of the Estimate with the actual costs and revenue.
In the Pro version you can generate Progress Invoices based on different criteria, using the information held in an Estimate/Quote.
The Pro version allows for the recording of Time against particular Jobs.
These hours can be brought through to Invoices, and linked to the costing information.