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Quicken & QuickBooks Products Software Requirements Analysis

This table will help you determine what Quicken product you need to purchase for your business needs. If you already have Quicken software, this table will help you determine whether or not it is suitable for your needs or whether you may need to upgrade.

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Software Analysis Table

The Software Analysis Table is made up of 13 questions. The response you give to each question will determine the correct software for you. Once you have selected your software, click on appropriate link from the list on the left to learn more about your chosen product.

1. Do you require multi-site and multi-company reporting?



2. Do you require more than five users to access the data file simultaneously?



3. Do you require the ability to create forecasts?


  • Yes

    Quickbooks Premier is required.

    Forecasting allows you to make predictions about future revenue and cash flow, as well as creating what if scenarios to help you to make better decisions for your business.


4. Do you require up to five licenses of the software



5. Do you sell the same goods or services for different prices to different customers?



6. Do you require any of the following?
  • Job costing including estimates?
  • Progress invoicing
  • The ability to link purchase orders to specific customers?
  • Microsoft Office integration



7. Do you require any of the following?
  • Inventory control?
  • Integrated payroll?
  • Budgets?
  • Depreciation?
  • Schedules?
  • Class tracking?



8. Do you require a computerised point of sale system?



9. Do you require any of the following?
  • Integrated BAS?
  • Online BAS Lodgement?
  • Accrual-based Accounting?



10. Do you require any of the following?
  • Cash-based accounting?
  • GST tracking without producing a BAS from the software?


  • No

    QuickBooks is not required - however, here may be a suitable product in the Quicken Personal range. Go to Question 11

11. Do you have a small sole trader business and wish to track shares, GST and personal expenses in the same accounting software?



12. Do you wish to track shares and personal expenses but not GST?



13. Do you just need an accounting package to track personal finances?



 
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