The chart of accounts is the backbone of your entire accounting structure, which is why you wouldn’t use a retail-based chart of accounts for your manufacturing company. Here are just a few of the industry-specific features you’ll find in QuickBooks Enterprise Manufacturing.
Both are designed to fit the needs of small to mid-size manufacturers, wholesalers, and distributors that have special pricing rules or more complex assembly requirements. While the desktop version of QuickBooks is better suited for service businesses, there is an option available designed for manufacturing businesses: QuickBooks Enterprise Manufacturing & Wholesale edition. QuickBooks Enterprise Manufacturing is part of QuickBooks Desktop’s line of industry-specific applications created for targeted niche markets.Īnd if you’re not in the market for an enterprise-level application, a less powerful version of the application is also available from QuickBooks Premier. Is QuickBooks good for manufacturing businesses? While all of the general features of QuickBooks are available in the manufacturing version, the application was created with the manufacturing process in mind, providing users with the functionality needed to manage a manufacturing business from start to finish. But Intuit has risen to the occasion with QuickBooks Manufacturing, offering all of the above and more. That’s a lot to ask of any software, particularly one that was originally designed for small businesses. You’ll also want an application that can manage the entire production process, from initial product creation to subsequent sales. Not only do you need an accounting software application designed to manage standard income and expenses, but you also need a software application that can track raw materials, calculate costs, process automatic builds, and handle both assemblies and subassemblies.
Accounting for manufacturing can present a unique set of challenges.
0 kommentar(er)
