Pros:
- Easy inventory management
- Easy invoicing and tracking of sales
- Automatically updates the accounting with revenues and expenses if you set it up correctly (I'm still figuring this out)
- Nice customization feature for the look and layout of printed invoices and sales receipts.
- Shipping Manager - easy printing of shipping labels
- Email invoice from within Quickbooks.
Cons:
- The application is not as stable as I would expect. Sometimes it hangs. There are a few bugs that I can reproduce easily. You would think for a commercial application these would have been found in testing. Downloading and installing the latest update helped a lot as it fixed quite a few of these issues but not all of them.
- learning curve if you have never done accounting or bookkeeping before
- few customization features in terms of data. For example, for an inventory item you can only add 5 custom fields. If you have extra data that you want to keep track of for every item you cannot do it.
- No easy way to keep track of shipping/import costs for your inventory to have them counted as Cost of Goods Sold. There are workarounds but they are not ideal.
- No support for buying goods in different currency.
Get more detail about QuickBooks Premier Manufacturing and Wholesale Edition 2007 [OLDER VERSION].
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