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Frequently Asked Questions

The specific industries edition available for QuickBooks Premier (in addition to the General version) are Contractor, Manufacturing and Wholesale, Retail, Professional Services and Non-Profit.
QuickBooks Time is suitable for businesses across various industries, including construction, healthcare, retail, professional services, and more.
QuickBooks Online Plus integrates with various third-party applications such as PayPal, Shopify, and TSheets, enhancing its functionality.
Acumatica payment processing is a feature within the Acumatica Cloud ERP system that allows businesses to handle transactions, accept payments, and manage accounts receivable efficiently. It includes native credit card and ACH payment integration, enabling you to process payments, create workflows, and automate manual processes. For more information on processing payments in Acumatica, call us at 866-949-7267 or click the “Get A Demo” button below.
Authorize.Net is an integrated electronic check payment method that enables customers to accept and process payments from bank accounts directly through their website or the Authorize.Net Virtual Terminal. This option fits for those who want to accept electronic check payment only and not credit cards. Fees:
  • 0.75% per transaction ($10 monthly minimum. Subject to $25 chargeback and $3 per returned item fees)
  • $49 setup fee.
  • $25 monthly Gateway fee
Do you have a business that is either currently using QuickBooks Enterprise Solutions or considering Enterprise because you need additional inventory functionality? If so, a "must have" in your Enterprise subscription is the Advanced Inventory module that is available in the Platinum level subscription. Here we will cover the differences between the standard inventory functionality in QuickBooks Silver and Gold Enterprise subscriptions, and the Advanced Inventory features found in Platinum.
  • Standard Inventory In QuickBooks Enterprise
  • The Silver and Gold subscriptions of QuickBooks Enterprise come with the standard inventory functions of:
  • Inventory Receiving
  • Change Assembly Components On-the-fly
  • Available to Promise
  • Sales Order Fulfillment
  • Unit of Measure Conversion
  • Bill of Materials Cost Tracking
  • Store Manufacturer’s Part Numbers on Items
  • Multiple Shipping Addresses per Customer
  • Bill of Materials Management
  • Multiple Sales Order on a Single Invoice
  • Back Order Functioning on Sales Orders and Invoices
  • Back Order Functioning on Purchase Orders
  • Cost Management and Sales Management
Depending on the type of business that you have, this feature set may be exactly what you need. If this is the case, the Enterprise Silver or Enterprise Gold Subscription (if you want the included Enhanced Payroll feature) would be a great choice. If you need more, then you should consider moving to the Enterprise Platinum Subscription that includes Advanced Inventory.

QuickBooks Enterprise Advanced Inventory

When you move up to the Platinum Subscription, here are the additional inventory features that get unlocked.

Bin Location Tracking

The Bin Location feature in the QuickBooks Advanced Inventory module allows you to track specific inventory items down to the bin location level within one or more warehouses as well as automatically see quantities and serial or lot numbers for each bin. You can also sort pick lists and item receipts by location which makes picking and stocking easier.

Barcode Scanning

The barcode scanning feature allows you to scan items and serial numbers without having to use the keyboard to do data entry. You can print barcode labels from inside QuickBooks Enterprise, or if you don’t have barcodes Enterprise will create them for you from the software.

FIFO Costing

Track inventory using FIFO costing or average costing and switch between the two methods at any time.

Track By Serial And Lot Numbers

This Advanced Inventory feature allows you to track by serial and lots number at the time of purchase, transfer, or sale as well as track defective lots through assemblies and subassemblies.

Track Inventory In Multiple Locations

For each location, you can see how many items are on hand, on sales order, on purchase order, and your reorder point. QuickBooks Enterprise will take this data and automatically calculate which items you need to restock.

Transfer Inventory From One Location To Another

With QuickBooks Advanced Inventory, if one location is running low on inventory, you can immediately transfer stock from another location so that you keep your inventory levels where you need them to be.
The Advanced Pricing feature in Enterprise was first introduced as an add-on module in 2014 and starting in 2015, became an included feature only available in the QuickBooks Enterprise Platinum Edition. If you are a business that would benefit from automating pricing changes and discounts, this is a worthwhile feature to have as a part of your Enterprise subscription. There are four key features that are included with QuickBooks Advanced Pricing – they are:

Manufacturer Markdowns

This function will allow you to set up specific conditions and discount date-ranges for markdowns. For example, you could create a group of most active vendors that purchase from you and assign all the companies in that group a 10% discount on specific products (or on all your products) for being a frequent customer. You can even create times of year when the discounts are active to create more buying activity around those times.

Quantity Discounts

With QuickBooks Advanced Pricing, you can also create discounts based on the quantity purchased. If a customer purchases 50 to 99 units at a time, they get a 5% discount. From 100 to 150 units, the discount goes to 15% etc. QuickBooks Enterprise will automatically show the new adjusted price based on the quantity ordered.

Scheduled Promotions

Let’s say that at the end of the year, you want to close out certain items in your inventory and do an “End of Year” sale of 30% off. With QuickBooks Advanced Pricing, you can set the start and end dates of the promotion, the discount to apply, and then choose the products to discount. On that date, the products selected will automatically be discounted and will revert back to the original price at the end of the promotion.

Price Changes By Class

If you have certain products or services that you want to have adjusted as a group, you can do that as well. This could be service discounts or certain product lines that you have and again can apply to specific customer groups and for specific dates. If this feature would be a benefit for your business it is only available in the Enterprise Platinum Subscription package. The bonus is that the Platinum Subscription also includes Advanced Inventory, Advanced Reporting and Enhanced Payroll for free as well, so for many companies that choose this option, you get a lot of additional value all in one package!
If you are currently using QuickBooks Enterprise or are considering making the move – and need robust reporting, the new Advanced Reporting module will be a very helpful feature you will want to utilize. Ironically, as a flagship product, QuickBooks Enterprise always received new features and improvements every year, but the reporting capability had always stayed the same. In 2015, when Intuit moved to the subscription model for Enterprise, they released the Advanced Reporting module and surprisingly, included it as a free feature in all the versions of Enterprise vs. making it a separate paid add-on or an upgraded subscription.

QuickBooks Advanced Reporting Features

Advanced Reporting basically allows you to use any data found in QuickBooks Enterprise to create custom reports, graphs, and charts. In the new 2016 version of Enterprise, you have a couple new options for getting the specific report that you are looking for as well as getting training on how to use all the features in the product.

Industry Focused Report Templates

Advanced Reporting received a "refresh" in the 2016 version of Enterprise and now has many of the most popular reports for specific industry niches such as manufacturing, contracting, retail, and non profit so that you can pick key reports from a pre-built list instead of having to build them from scratch. As a template report, there is no modification necessary. Just chose the one you need, open it, and your data will automatically populate in the fields.

Building Custom Reports

Of course, if you need something more customized, you can either modify an existing template or choose to build your own report from scratch. Advanced Reporting is a formula driven structure somewhat similar to working with Excel. Although it takes a little time to master, once you get the hang of it, you should be good to go.

Advanced Reporting Training Tools

Have questions about how to use Advanced Reporting? The new version of Enterprise 2016 includes a help portal that provides step-by-step video tutorials, studies and help documents that will show you how to create and enhance existing reports so that you can maximize your data. In addition, if you ever need live help, you can always call the dedicated QuickBooks Enterprise support team as free technical support is included with all subscription plans on Enterprise for the life of the product.
Geofencing allows you to set up virtual boundaries around job sites, and employees will receive reminders to clock in or out when they enter or leave these areas.
QuickBooks Online includes: Full use of the features of the particular version of QuickBooks Online, automatic upgrades to your selected version at no extra cost, secure storage of your data, and product support1 at no extra cost. You can add optional features at any time for an additional monthly fee.