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All You Need to Know About Manufacturing and Wholesale Edition Of QuickBooks Enterprise

2/1/2021

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​The Manufacturing and Wholesale Edition is one of the six industry-specific editions of QuickBooks Enterprise for growing businesses.
​This edition is designed to provide sales reports for businesses and streamline manufacturing activities. 

About QuickBooks Enterprise

QuickBooks is an invoicing and accounting software for bookkeepers and accountants to track income and expenses and manage accounting records. The software provides up-to-date financial data of business activities that assist in faster decisions making, money-saving, reduction in data entry errors, and better time management.

The software is structured to enable small businesses to handle the estimation process, create receipts, automate invoices, and improve sales operations visibility.
​
QuickBooks Enterprise was founded by Intuit, a software company founded in 2002 and headquartered in California, United States.

Manufacturing and Wholesale Edition Of QuickBooks Enterprise

The manufacturing and wholesale edition of QuickBooks Enterprise is designed to address the specific needs of wholesalers and manufacturers. It is built to increase revenue by tracking production processes, managing shipping, and automating inventory processes. Users can distribute products with ease, seamlessly manage orders, and make production forecasts.
The software has features like;
​
  • Manufacturing and wholesale chart of accounts
  • Bill of material cost tracking
  • Assemblies management
  • Express pick-pack
  • Sales order fulfillment and creation
  • Manufacturing and wholesale reports
  • Backorder tracking
  • Available-to-premise
  • Tracking of the lot and serial number

​Fit

The software is fit for manufacturers in areas such as furniture, hardware, food, automotive, apparel, and gifts. 

Functions of the software features;

Manufacturing and Wholesale Chart Of Accounts

​This feature aids tax filing and supports a better understanding of business operations by presenting financial information in an easily understandable format and permitting other business information tracking. Users can also customize these charts of accounts.

Bill of Material Cost Tracking

​This feature allows for increased visibility into the operational expenses of a business. It allows manufacturers and wholesalers to assemble materials and track all costs.

Assemblies Management

​​This QuickBooks Enterprise edition has a default setting for building specific assemblies

Express pick-pack

​This is a time-saving feature that aids the combination of pick and packet roles. The software provides a unified view of fulfillment processes of sales orders

Sales order fulfillment and creation

​The software allows for the creation and tracking of orders. It also provides other sales options like amount, date of transaction, invoicing status, and fulfillment amount

Manufacturing and Wholesale Reports

​About 10-11 additional sales reports have been added to the 140+ available on this edition of the QuickBooks Enterprise. The sales reports groups report according to product profitability, item type, and class.

Backorder Tracking

​This provides visibility into expecting and shipped goods and detailed insight into other back-ordered items

Available-to-premise

​User can view purchase orders, their status, and ordered products, providing a unified platform to carry out inventory functions

Mobile Barcode Scanning

​This provides a portable inventory tracking tool for products from any location

Tracking of the lot and serial number

​This feature allows for specific tracking of products as well as their batches

Other Capabilities are;

  • The software supports multiple locations when creating pick lists
  • It supports multiple addresses from one user

​Pros

  • It is structured for customer satisfaction with quick answers to queries
  • The software is suitable for large orders
  • The software provides insights on the status of shipment orders
  • Users can customize prices for different customers
  • Provides tips from experts to aid better business operations
  • The software supports use by up to 40 users
  • The manufacturing and wholesale edition supports collaboration on company books with clients via calls
  • It is specifically tailored to suit manufacturing and wholesaling activities

Cons

  • Users would like to have more control over the customization of forms
  • The number of items and the company file size could be expanded
  • Some users find the software quite expensive
  • The software is not suitable for small businesses

​Conclusion

​The Manufacturing and Wholesale Edition of QuickBooks Enterprise is a robust manufacturing software that enables manufacturers and wholesalers to manage inventory, orders, and sales. It can also be used to track products, their statuses as well as the production processes. The software, although not suited for small business groups, the software streamlines all manufacturing activities to result in increased profitability and customer satisfaction.
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  • Home
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