QuickBooks Enterprise Edition – Features & Functions List

QuickBooks Enterprise Edition Feature List:

• Organized presentation of 1558 features arranged into the standard Small Business Enterprise Resource Planning (ERP) structure, with clear modules and sub-modules
• Rates the level of support QuickBooks Enterprise Edition offers for every single feature, from full support to partner add-on, customization, third-party, and more
• Benchmarks QuickBooks Enterprise Edition overall performance against the industry average

Benefits:

• Eliminates weeks of research by providing the total universe of features you should expect to see in solid Small Business Enterprise Resource Planning (ERP) software solutions, regardless of which solution you’re reviewing
• Reveals the strengths and weaknesses of this product’s support for every feature
• Helps confirm or eliminate software frontrunners right off the bat, saving you time and effort
• Supports the discovery of new software features, functions, and capabilities that you might not have known about\

QuickBooks Enterprise Edition Features Support Examples

1. GENERAL LEDGER
1.1. CHART OF ACCOUNTS The Chart of Accounts is the business managment system. Ii must be set up so that revenues and costs are captured and segregated into the best-suited categories in order to produce useful financial statements.
1.1.1. CHART OF ACCOUNTS (SET UP) The most important step in the set up process is defining the chart of accounts, because it forms the basis for financial reporting. Care must be taken to describe not just the business as it exists today but how it might exist in the future, and to include all possible views of an organization without making the chart of accounts so large that data input speed is decreased and the chances for inaccuracy are increased.
1.1.1.1. User-defined segment lengths By defining the length of the segment users will not have to input zeros in some systems and they will be able to reserve the unused segments digits for other segments which might be longer.			Supported
1.1.1.2. Delete segments not required Users should be able to delete the segments they don’t require in a chart of accounts. Alternately, the product should not display a segment in an input screen if it has not been defined.			Supported
1.1.1.3. User-defined account ranges Users can specify what account ranges will apply to what categories such as assets, liabilities, etc.			Supported
1.1.1.4. Multiple account levels Each level represents a layer of detail. The number of levels available to the user will determine to a large extent the degree of detail reported.			Supported
1.1.2. G/L ACCOUNT CODE (SET UP) There are accounts other than just standard posting accounts.
1.1.2.1. Active accounts Active accounts are those standard accounts to which revenue and cost information can be posted.			Supported
1.1.2.2. Inactive accounts Inactive accounts are accounts to which information cannot be posted until the user makes them an active account.			Supported
1.1.2.3. Allocation accounts Allocation accounts collect information that will then be posted to other accounts (such as the allocation of overhead costs).			Customization
1.1.2.4. Accrual accounts Accrual accounts are used to input revenue and costs which have not yet been posted in one of the sub-modules.			Customization
1.1.2.5. Event or project costing accounts			Customization
1.1.2.6. Statistical accounts Statistical accounts are used to collect non-financial information.			Customization
1.1.3. MAJOR STRUCTURES (SET UP) Rather than attaching a reporting unit such as a department to the Chart of Accounts itself, some users might want to define the reporting units in an entirely different function.
1.1.3.1. Regions (separately defined)			Customization
1.1.3.2. Profit centers (separately defined)			Customization
1.1.3.3. Cost centers (separately defined)			Customization
1.1.3.4. Projects (separately defined)			Supported
1.1.3.5. Activities (separately defined)			Supported
1.1.4. VALID POSTING ACCOUNTS
1.1.4.1. Define table of valid accounts			Customization
1.1.4.2. Delete and add accounts automatically			Customization
1.1.5. ALLOCATIONS (PROCESSING) Most larger organizations contain any number of units whose function is the support of other groups. This question is designed to identify the relative level of sophistication of a product when it comes to allocating costs to other reporting units.
1.1.5.1. Single allocation			Customization
1.1.5.2. Waterfall to other allocation accounts			Customization
1.1.5.3. Percentage allocation			Customization
1.1.5.4. Monetary allocation			Customization
1.1.5.5. User-defined formulas			Customization
1.1.5.6. Forces zero ending balance			Customization
1.1.6. ALLOCATIONS (FORMULA BASIS) One of the most effective ways of allocating costs is the use of what can become fairly complex formulas to measure activity or some other factors or groups of factors by which costs can be allocated rationally. This question is designed to identify the complexity of the formulas each product uses to allocate costs. Allocation formulas would be based on each of these criteria.
1.1.6.1. G/L financial accounts			Customization
1.1.6.2. Statistical accounts			Customization
1.1.6.3. Budget accounts			Customization
1.1.6.4. Sub-ledger totals			Customization
1.1.6.5. Sub-ledger field values			Customization
1.1.6.6. Beginning account balance			Customization
1.1.6.7. Ending account balance			Customization
1.1.6.8. Average account balance			Customization
1.1.6.9. Net account balance change			Customization
1.1.6.10. Values imported from third-party application			Customization
1.1.6.11. User-defined constants			Customization
1.1.6.12. Step threshold values			Customization
1.1.7. AMORTIZATION TRACKING All products offer depreciation tracking applications or functions. This question asks whether the system supports a similar function for identifying each item that is being amortized, the period over which it is being amortized, and then calculates the appropriate expense each period.
1.1.7.1. Maintains separate files for each item			Customization
1.1.7.2. Print multi-column summary for current year			Customization
1.1.7.3. Print tables of expenses for each item			Customization
1.1.7.4. Post expenses automatically each period			Customization
1.1.8. PREPAID EXPENSE TRACKING All products offer depreciation tracking applications or functions. This question asks whether the system supports a similar function for identifying each prepaid expense item, the period over which it is being expensed, and then calculates the appropriate expense each period.
2. ACCOUNTS PAYABLE(This criterion contains 508 criteria below it)
3. ACCOUNTS RECEIVABLE(This criterion contains 368 criteria below it)
4. PAYROLL(This criterion contains 209 criteria below it)
5. INVENTORY(This criterion contains 457 criteria below it)
6. JOB AND PROJECT COSTING(This criterion contains 286 criteria below it)
7. FIXED ASSETS(This criterion contains 60 criteria below it)
8. SALES MANAGEMENT(This criterion contains 307 criteria below it)
9. BUDGETING(This criterion contains 34 criteria below it)
10. MANUFACTURING(This criterion contains 222 criteria below it)
11. PRODUCT TECHNOLOGY(This criterion contains 177 criteria below it)