As all know every business is unique and therefore they deserve services with unique features and functions that are likely custom-based. QuickBooks Desktop Enterprise 2020 is an accounting solution suitable for small to middle-size businesses across several industry verticals including construction, manufacturing, distribution, and retail.
The software offers functionality to handle multiple users, inventory workflows, locations, large amounts of transaction data anywhere anytime. There are also various versions available both cloud-based as well as on-premise to take QuickBooks Desktop 2020 Enterprise to the field.
What New in QuickBooks Desktop Enterprise 2020 Accounting Software
The new QuickBooks Enterprise gives you a whole new level of flexibility with the same familiar QuickBooks look and feel. Below you can see what’s new added in this accounting software.
- See Business data the way you want
QuickBooks Enterprise 2020 offers a flexible reporting platform that lets users create meaningful ways to analyze data and make informed decisions about companies. The software integrates with Microsoft Excel to expand its reporting capabilities. QuickBooks Software Enterprise also provides tools for scanning and adding various documents into categories and keeping a closer track of essential accounting data.
- Specific tools and features
There are hundreds of 3rd party applications and many add-ons designed that can easily solve your specific needs. With QuickBooks Enterprise, there is no need to have multiple solutions or need to spend time and money to develop your own workarounds. Just choose the appropriate functionality that you need and get back to work.
- Get paid faster and easier
When you turn on QuickBooks Enterprise Payments, you are able to add a “Pay Now” button on every invoice that you send. Customers with any big credit card or bank transfer can press and pay instantly. QuickBooks Enterprise Solutions automatically updates itself and transfers payments directly to the bank, the most up-to-date details always visible on the bottom. This software allows fewer mistakes, less work, and less worry.
- Exclusive Add-on functionality
Advanced Pricing Tool can track, customize and automate your pricing right in QuickBooks. Simply set pricing rules and all the calculations can be easily done for you. This tool provides you with the leverage you need, so you can focus on your company as a whole. It gives you the ability to easily adjust, reorder and look after your customers. Work through several warehouses and monitor by location of bin, serial numbers or number of lots. You can now handle sales orders from one dashboard with Enhanced Select, Pack, and Ship, quickly print shipping labels and update the order status with a simple click.
How QuickBooks Desktop Enterprise is Industry-Specific?
This software provides end to end industry solutions to fit your business in a well organized and gain more profits. This industry solution includes:
● Contractors: You can easily manage job costs by vendor and look for those who still need to be paid. Keep a better track of orders that are changed as well as create job estimates with ease. You can also analyze the profit from a task level with well customized reports of job costs.
● Retail: The Sales Report Form records revenue reliable and flexible. You can stay up on stock and set reorder points. Also, compare easily and quickly the benefit and loss of one month against another’s.
● Manufacturing & Wholesale: Monitor inventories to see what products need to be reordered. Keep track of your top money-makers so you know what to stock up on. See your open sales orders and decide what goals to fulfill.
● Nonprofit: This helps you to create year-end donation statements so that you can track contributions from your biggest donors. You can identify the expenses in order to present to your board and you can also create Form 990 for the IRS.
● Accountants: This version is packed with all the accounting software features that are especially for accountants. It helps you to work more efficiently with your clients.
● Professional Services: it helps you to track time and expenditures that are unbilled by employee, project, customer, or service. You can send invoices with just a few clicks. Pay and get paid by setting various billing rates to the appropriate number. Easily analyse profit by project and customer.
Technical Specifications
System requirements
- Microsoft supports Windows 8.1 Update 1, or update/version of Windows 10
- Windows Server 2008 (SP2, or R2 SP1), 2012 (or R2), 2016, or 2019
- 2.4 GHz processor
- 4 GB of RAM (8 GB suggested)
- 2.5 GB desk space suggested
- 4 x DVD -ROM drive
- Internet access is necessary for payroll and online features (1 Mbps speed is recommended
- Needed Product registration
- 1280 x 1024 screen resolution or higher. It requires one workstation Monitor plus 2 extended monitors. It should be optimized for default DPI settings.
Integration with other software
- Integration of Microsoft Word and Excel includes Office 2010 SP2 – 2016, or Office 365 (32 and 64 bit) Email forecasts, invoices and other types of Microsoft Outlook 2010 SP2-2016, Microsoft Outlook of Office 365, Gmail TM, and Outlook.com ®, other email clients that support SMTP.
- POS 12.0 or 18.0 incorporated with QuickBooks.
- Move data from Quicken 2016-2018, Mac QuickBooks 2016-2020 and 2010 SP2, 2013, 2016, Office 365 (32 or 64 bit)
Browser Requirement
- Internet Explorer 11 (32-bit)
Data Management
- Uses AES-1288 for data encryption for all PCI and PII data
Operational Security
- PCI PA-DSS certified, assessed annually as a payment application
- Remainder not applicable as the program is installed in the customer environment and no data is stored on Intuit systems.
In conclusion
Typically, QuickBooks Desktop Enterprise 2020 is an intuitive accounting solution as an all-in-one package including features like Inventory, Reporting and Finances, Sales & customers, Payroll & employees, and Purchasing & Vendors. There are also various versions available both cloud-based and on-premise.
For further details, you can connect with QuickBooks Experts team. They are highly experienced and capable in providing the best solution for query or issue including best tips and tricks. You can also connect them via email at this email address or do a live chat.