There are many reasons why an organization would need to migrate to a more sophisticated accounting system like Microsoft Dynamics GP. The biggest reason is you've outgrown it. You've outgrown QuickBooks when you can't do the functionality that you bought the software to do, and honestly, that can hit every aspect of your organization as it grows. For instance:
- You start running into problems (too slow, delay in the menus and screens, reports take too long to print, etc.)
- You need better inventory control or more features.
- You have too many customers.
- You have too many new users.
With growth, an organization can become more restricted because of the limited features offered through QuickBooks. An accounting program like Microsoft Dynamics GP offers 1,531 more features than QuickBooks Enterprise. Here are 15 key features in GP that just cant be found in QuickBooks:
|1. Allocation calculations||9. Default printer destination by invoice type.|
|2. Intercompany accounts||10. Automatic calculation of late fees|
|3. Statistical accounts||11. Supports multidimensional items|
|4. Supports landed cost tracking||12. LIFO and FIFO inventory methods|
|5. Forecasted demand based on formulas||13. Applies sales tax rates by item|
|6. Multiple ship-to on same order||14. Support multiple warehouses|
|7. Automatic tracking of vendor performance||15. Lot & Serial number tracking|
|8. Partial pay invoice for partial receipt|
What it all comes down to is that although QuickBooks is really a great entry-level product, its database shortcomings and lack of features make it possible for an organization to quickly outgrow it. When you start noticing that the system is running too slow or that you just dont have the features that you need to run your organization efficiently, it might be time to consider an upgrade.