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Most Intuit customers, until now, will have to do this option.
All of the above reasons are true of reporting in general.
See the big picture: get a consolidated view of the financial and non-financial key performance indicators (KPIs) for all your entities.
Mr/Ms Anonymous - First off I do want to say that if you think you have outgrown Quick Books, I would say you are correct, and I do not even know your company's financial status.
If required, inter-company eliminations can be applied.
This could be for several reasons: Any of these would result in having multiple Quick Books files – which is the case for about half of Insight Squared’s customers. Quickbooks Enterprise Solutions is the highest edition in Intuit’s product suite.
Its primary purpose is for budgeting and forecasting, but provided you can download your G/L trial balance into the format needed to upload it into Adaptive Planning, you can very easily use it to do consolidations and other types of roll-ups.
If your company has several divisions or wholly owned subsidiaries, consolidating financial statements from all of them gives you a complete picture of the parent company’s financial health.
Quick Books Enterprise can only combine data to produce the following reports: Here’s the problem: what if you want to do other types of financial analysis on the combined company data?
For example, what if you want to know which customers are late in paying you (Accounts Receivable) across all parts of your company?