If you use QuickBooks Enterprise, you already have advanced inventory. You can track the quantity you can build for assemblies, build kits, subtract quantity on sales orders, and make inventory adjustments. Plus, you get reports on COGS and the value of inventory asset. The cost of QuickBooks Enterprise is about $1500 for a single user license. If you have these features, why do you need another tool?
If you move your inventory management online, then anyone can login to make adjustments and view information. If everyone shares the same login, then there is no need to purchase additional licenses. One pitfall of desktop software is multi-user support. For desktop, you need to purchase additional licenses and install the software on multiple machines. In my opinion, you should host QuickBooks on a server, such as RightNetworks. Although you still have desktop software, it is located on the cloud and users can easily login.
Any 3rd party tool needs to sync with QuickBooks. From my experience, most of these companies have no integration with desktop. They might send you to a 3rd party, but you are adding another software to implement and purchase. In many cases, these integrations fail because the software developers have no clue about Accounting. You now have another point of failure and another company that you must call, if there is an issue.
Next, your inventory tool must sync stock updates to and from your sales channels. Otherwise, how do you keep you stock up to date? Surprisingly, not all of these tools sync back to Amazon. Some don’t even sync with WooCommerce. Connex syncs with over forty e-commerce solutions and almost all of them can sync inventory.
With Connex, you have an all in one solution. Our tool can sync your sales with QuickBooks, and send your stock levels to your websites. Why pick up two or three more software solutions, when you can just use one product for an annual fee?
So much informative content…. Happy Bookkeeping