All You Need to Know About Manufacturing and Wholesale Edition Of QuickBooks Enterprise
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;
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.
This QuickBooks Enterprise edition has a default setting for building specific assemblies
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.
This provides visibility into expecting and shipped goods and detailed insight into other back-ordered items
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 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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