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QuickBooks Enterprise Review

QuickBooks Enterprise
Our score: 9.0 User satisfaction: N/A

What is QuickBooks Enterprise?

QuickBooks Enterprise supercharges QuickBooks’ core accounting function by pairing it with ERP-like features and capabilities such as payroll system, advanced inventory, user roles and permission, and specific industry functionality. With special tools designed for mid-sized businesses, QuickBooks Enterprise is suitable for the particular requirements of sectors including manufacturing, retail, non-profit, professional services, and construction.

Companies in the construction industry can leverage the software to gain a competitive edge. QuickBooks Enterprise for construction helps you control cash flow and job costs, generate accurate job costing estimates, handle data files of whatever size, quickly produce advanced reports through templates that can be auto-filled with important information, and increase employees’ efficiency and productivity with expanded access for up to 30 users including remote connection with your people in the field. These unique and innovative features fit construction accounting processes, letting you effectively control and manage schedules, estimates, quotes, bids, billings, orders, accounts, financial data and reports, sub-contractors, and your workers.

QuickBooks Enterprise is targeted at businesses that require a more robust solution such as those in the construction sector. However, the enterprise edition maintains the easy-to-use user interface, making it intuitive even for non-accountants. The accounting software is offered as a desktop solution, with a cloud hosting option to allow field employees anytime, anywhere access to their online data from any device. There are also other cloud-based and on-premise editions of the popular accounting software. You can read about these in our QuickBooks reviews.

Overview of QuickBooks Enterprise Benefits

QuickBooks Enterprise has industry-specific features, which make it adaptive to your unique workflows and requirements. These are the benefits construction firms can expect from the software:

Special construction-specific tools

QuickBooks Enterprise gives you special tools for your construction or contractor business. It has drag-and-drop functionality for organizing files and moving your QuickBooks records, search filters for finding items and information, auto-fill for custom fields in report templates, change order functionality, work orders, and scheduling, e-invoicing, customized chart of accounts, and job costing center. These and more give you the control and visibility over every stage of your construction project and every aspect of your construction business.

An inherent attribute of the construction industry is its heavy job costing requirement. The process involves tracking the expenses for a project or construction job and correlating these expenses to your revenue, enabling you to determine how much you spend and earn for a particular job. Hence, it is crucial that you accurately estimate your construction job costing because any missing data or miscalculation on crucial components such as materials, time or key cost can imperil your project. This aspect is ably covered by QuickBooks Enterprise’s Job Costing Center which is primarily a commercial and residential construction estimating solution that offers four main features:

  1. Job costing. Since financial information is regularly entered into QuickBooks, you get updated and precise financial data that is readily available when estimating or presenting bids. It gives you both detailed ground-level and macro perspective of any construction project, letting you see how the components – materials, labor, overhead, etc – fit into the overall big picture of your cost structure.
  2. Construction proposal templates. Pre-built templates built to the standards and specifications of the construction industry allow you to present easy to understand proposals. As in any project presentation, clear communication is vital and these templates give you the edge in letting your potential clients know the estimated cost and other components needed for the construction job.
  3. Next level cost accounting. QuickBooks levels up your cost accounting, helping you mitigate instances of forgotten costs and other unwanted surprises. The solution integrates accounts payable, accounts receivable, and billed and unbilled hours so you know how you’re doing on every stage of a job – from the first time information is placed on a quote up to the time the project is completed – and see how it impacts your bottom line.
  4. Intelligent cost analysis. Included in the job costing center is an intelligent cost analysis tool that gives you insights on your performance. Once you win a job, QuickBooks can keep a tally of how you did like comparing initial estimates against actual costs, profit and loss analysis, most profitable and least profitable jobs, and job cost details, among others. All this information can better prepare you when you bid for your next construction project.

Advanced financial reporting

QuickBooks Enterprise gives you complete visibility over all your financials from one place. It lets you do quick inputs of expense transactions and take stock of your accounts and dealing with multiple banks. To help you save precious time and do away with formatting again, you can export your entire QuickBooks reports to Excel and your new formats will automatically be applied on your new report by simply refreshing your previously saved worksheet. There are more than  130 standard reports carried by the software which you can use or if you prefer, you can access construction-specific report templates created by other QuickBooks users.

With advanced financial reporting features, you can create custom reports; combine reports from multiple sources; easily produce professional financial statements; pinpoint overdue and almost due invoices and email collection notices; download bank and credit card transactions into QuickBooks; automatically track job costs as you pay employees, subcontractors, and other bills; and track tax-deductible expenses automatically. The software is designed to help you run your most important reports especially when you’re managing a whole bunch of estimates, bids, change orders as well as sub-contractors, suppliers and your working team.

Advanced inventory

Advanced inventory gives you the operational tools you need to efficiently manage your construction business. It provides you capabilities to reorder, replenish, and adapt so you can take good care of your clients, suppliers, and vendors, and have full control over your purchases. With this feature, it is easy to maintain reliable inventory counts even when one order is delivered in several shipments. You can instantly have at your fingertips an inventory stock status report so you’ll know your inventory requirements and reorder on demand. The software lets you add and track inventory, non-inventory, or service items by the hundreds of thousands. It even lets you do quick changes in quantity and items in cases of substitutions or special requests by clients.

User roles & permissions

The software gives you over 115 advanced user roles and permissions and the ability to create user access profiles and controls for more than 115 business activities. A basic user template that is easy to set up is available to quickly get you started and, from a centralized dashboard, immediately assign and set permissions and access for your team members. All these ensure data security with only the right people given the right access to the right information.

Payroll & employees

Your construction business is as much about your projects as it is about your people. You need to manage them properly to ensure efficiency and productivity at work. In this respect, QuickBooks Enterprise enables you to instantly find key employee information, centralize and securely store employee data, track contractor time or employee hours, produce comprehensive employee management reports, and integrate payroll system and tools to streamline the payroll and payment process. Furthermore, the software offers built-in legal documentation as well as compliance for employment-related issues such as hiring, recruiting, benefits, compensation, employee relations, and end of employment. It also allows you to print a variety of employee management forms as well as state and federal forms.

Overview of QuickBooks Enterprise Features

  • Accounting tools
  • Advanced reporting
  • Advanced pricing management
  • Advanced inventory management
  • User roles & permissions
  • Automation functions
  • Work orders & scheduling
  • Job costing estimate
  • Professional quote
  • E-invoicing
  • Cost management & analysis
  • Payment optimization
  • Online data storage & backup
  • File management
  • Search tools
  • Purchasing & vendor management
  • Payroll & employee management
  • Billing & mobile payment

What Problems Will QuickBooks Enterprise Solve?

Problem #1. Dealing with generic reports

QuickBooks Enterprise gives you over 100 report templates designed for the needs of your business and industry. It can give you reports on job orders, billed and unbilled hours, job status, open purchase orders by vendors, inventory and stock reports, cost-to-complete, job costs by job, and more. You’ll never have to use standard reports that do not give you what you need to know to manage your construction business.

Problem #2. You’re not an accountant

No problem, contractors aren’t too; they’re mostly engineers. The great thing about QuickBooks Enterprise for construction is that it is rooted in the core accounting platform of QuickBooks, widely used by non-accountants and business owners to take stock of their financials. It uses simple non-technical language and brings with it easy to use interface and navigational tools. QuickBooks is built to manage and organize your financial records and crunch the numbers, so you don’t have to. In case you need to consult your accountant or the auditor comes to check your records, it makes it easy for the professionals to do their job.

Problem #3. Accurate job estimates

Job estimates filled with errors can result in unhappy clients and lost profits. Making estimates and quotes opens you to revenue-generating opportunities, and you should make it as accurate from the start. QuickBooks Enterprise is extremely useful in this respect, helping you push forward your construction project from the first estimate to the final quote, all done accurately and presented professionally. The software does the rest afterward from managing project cost to tracking bottom line.

QuickBooks Enterprise Position In Our Categories

Because companies have distinct business demands, it is only prudent that they steer clear of picking a one-size-fits-all, ”best” business program. Just the same, it is difficult to stumble on such an app even among sought-after software solutions.
The practical thing to do would be to note down the several vital factors which entail inspection like major features, price terms, technical skill ability of the employees, organizational size, etc. The second step is, you should follow through the research exhaustively. Browse over some of these QuickBooks Enterprise evaluations and check out each of the software systems in your shortlist more closely. Such well-rounded product research makes sure you avoid poorly fit software products and choose the one that provides all the benefits your business requires.

Position of QuickBooks Enterprise in our main categories:

If you are interested in QuickBooks Enterprise it could also be a good idea to check out other subcategories of Construction Management Software collected in our database of B2B software reviews.

There are popular and widely used applications in each software category. But are they essentially the best fit for your enterprise’s specific requirements? A popular software solution may have thousands of subscribers, but does it present what you need? For this reason, do not blindly invest in popular systems. Read at least a few QuickBooks Enterprise Construction Management Software reviews and consider the elements that you want in the software such as the cost, main tools, available integrations etc. Then, choose a few apps that fit your needs. Try out the free trials of these apps, read online reviews, get information from the vendor, and do your investigation meticulously. This profound homework is certain to help you choose the most excellent software solution for your firm’s specific needs.

How Much Does QuickBooks Enterprise Cost?

QuickBooks Enterprise Pricing Plans:

Free Trial

Silver with Hosting

$136/month

Gold with Hosting

$163/month

Platinum with Hosting

$191/month

Silver Desktop

$1,100/year

Gold Desktop

$1,430/year

Platinum Desktop

$1,760/year

QuickBooks Enterprise pricing is divided between hosted and local plans:

QuickBooks Enterprise (with Hosting )

Your QuickBooks files are stored in the cloud for anytime, anywhere access from any device.

Silver – starting from $136/month for 1 user ($108.40/mo valid for the first year)

  • QuickBooks Desktop Enterprise software
  • QuickBooks Priority Circle Program
  • U.S.-based customer support
  • Online backup data storage
  • Automatic QuickBooks product upgrades
  • Advanced Reporting

Gold – starting from $163/month for 1 user ($115.40/mo valid for the first year)

  • All Silver plan features, plus:
  • QuickBooks Desktop Payroll Enhanced (unlimited employees + no monthly fees)

Platinum – starting from $191/month for 1 user ($117.50/mo valid for the first year)

  • All Gold plan features, plus:
  • Advanced Inventory
  • Advanced Pricing

The monthly pricing plans are for annual subscriptions billed on a monthly basis. Pricing goes up with new additional users.

QuickBooks Enterprise (Local)

Your files are locally stored on your computer at your work location.

Silver – starting at $1100/year for 1 user ($770/year valid for the first year)

  • QuickBooks Desktop Enterprise software
  • QuickBooks Priority Circle Program
  • U.S.-based customer support
  • Online backup data storage
  • Automatic QuickBooks product upgrades
  • Advanced Reporting

Gold – starting at $1430/year for 1 user ($858/year valid for the first year)

  • All Silver plan features, plus:
  • QuickBooks Desktop Payroll Enhanced (unlimited employees + no monthly fees)
  • Advanced Inventory

Platinum – starting from $1760/year for 1 user ($880/year valid for the first year)

  • All Gold plan features, plus
  • Advanced Pricing

The cost of these annual subscriptions goes up as more users are added in each plan.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We realize that when you make a decision to buy Construction Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and QuickBooks Enterprise reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with QuickBooks Enterprise. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • On Premise

Language Support

  • English

Pricing Model

  • Monthly payment
  • Annual Subscription

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are QuickBooks Enterprise pricing details?

QuickBooks Enterprise Pricing Plans:

Free Trial

Silver with Hosting

$136/month

Gold with Hosting

$163/month

Platinum with Hosting

$191/month

Silver Desktop

$1,100/year

Gold Desktop

$1,430/year

Platinum Desktop

$1,760/year

QuickBooks Enterprise pricing is divided between hosted and local plans:

QuickBooks Enterprise (with Hosting )

Your QuickBooks files are stored in the cloud for anytime, anywhere access from any device.

Silver – starting from $136/month for 1 user ($108.40/mo valid for the first year)

  • QuickBooks Desktop Enterprise software
  • QuickBooks Priority Circle Program
  • U.S.-based customer support
  • Online backup data storage
  • Automatic QuickBooks product upgrades
  • Advanced Reporting

Gold – starting from $163/month for 1 user ($115.40/mo valid for the first year)

  • All Silver plan features, plus:
  • QuickBooks Desktop Payroll Enhanced (unlimited employees + no monthly fees)

Platinum – starting from $191/month for 1 user ($117.50/mo valid for the first year)

  • All Gold plan features, plus:
  • Advanced Inventory
  • Advanced Pricing

The monthly pricing plans are for annual subscriptions billed on a monthly basis. Pricing goes up with new additional users.

QuickBooks Enterprise (Local)

Your files are locally stored on your computer at your work location.

Silver – starting at $1100/year for 1 user ($770/year valid for the first year)

  • QuickBooks Desktop Enterprise software
  • QuickBooks Priority Circle Program
  • U.S.-based customer support
  • Online backup data storage
  • Automatic QuickBooks product upgrades
  • Advanced Reporting

Gold – starting at $1430/year for 1 user ($858/year valid for the first year)

  • All Silver plan features, plus:
  • QuickBooks Desktop Payroll Enhanced (unlimited employees + no monthly fees)
  • Advanced Inventory

Platinum – starting from $1760/year for 1 user ($880/year valid for the first year)

  • All Gold plan features, plus
  • Advanced Pricing

The cost of these annual subscriptions goes up as more users are added in each plan.

What integrations are available for QuickBooks Enterprise?

QuickBooks Enterprise for Construction integrates with the following apps:

  • Excel
  • Office 365
  • Microsoft Word
  • Microsoft Outlook

 

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Reviewed By Nestor Gilbert
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