QuickBooksUsers.com recently conducted a survey to determine “What users like about QuickBooks” (pictured above) and “What Users Do Not Like About QuickBooks” (pictured below). Using this data, we can discuss the Pros and Cons of QuickBooks.
You may have noticed, interestingly, that some of the pros are the same as the cons. It appears that mileage varies greatly. However, in summary, here are the generally accepted pros and cons of QuickBooks:
|Pros of QuickBooks||Cons of QuickBooks|
Just about everyone would agree that QuickBooks is a great introductory system for new and very small businesses. It is only as your business grows and your requirements become more diverse that the limitations begin to show through. Let’s briefly explore QuickBooks’ Limitations:
- Limited reporting and transparency of your business health
- Double entry and keying errors
- Limitations with file size and data
- Generic and impersonal support
- Standalone application Lacks integration
For more information, be sure to visit the Top 5 Reasons to Replace QuickBooks.
QuickBooks Problem: Inventory Management
QuickBooks tends to be particularly problematic when addressing robust inventory management concerns. If inventory management is crucial to your business, QuickBooks may fail to meet your needs. At this point it may be time to seek out an appropriate inventory management software package that includes integrated accounting etc. If you find yourself in this position, download this Replace QuickBooks kit to get started or read the following post: How to Replace QuickBooks.