QuickBooks is accounting software for “micro-businesses.” This means that it lacks the full range of options required by many SMBs and growing companies.
They are not scalable in terms of Not-so-robust audit trails — no record of logins/logoffs, and no record of changes to master records along with limited/inconvenient reporting options — general difficulty across customer insights and analytical capabilities.
These weaknesses can leave businesses on QuickBooks vulnerable to losses due to errors and even employee theft. That vulnerability can grow exponentially as your team grows.
If you are a business that is expanding, you will discover that the architecture of the QuickBooks database is insufficient. When you approach 1000 transactions/month or multiple users accessing the system at the same time, QuickBooks gets slower!
QuickBooks doesn’t have multi-lingual functionality, which limits international growth. QuickBooks is missing many key features that a lot of accountants consider necessary.
Featurewise, they have limited options for billing formats, and difficulty in billing third parties or multiple client locations making even inter-company reporting quite tough. You are also unable to work with deferred revenue or expenses in QuickBooks.
- Anil Shah, CEO, CloudFronts
We have delivered 100+ projects across U.S. and Europe remotely. Our team members have also travelled during Go-live. Please explore our global customers here.
Please fill out our short Contact Us form or email your requirements directly to Solution Architect Anil Shah at ashah@cloudfronts.com.
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