4 Signs That You've Outgrown Quickbooks
It's only January, but already 2018 looks like a huge growth year for businesses with multiple companies.
Business growth is good and your financial management system should scale to handle growth. If it doesn't, you've outgrown your accounting software and it is time to look for robust financials software that you can't outgrow.
Here are four signs that your multi-entity accounting system isn't scaling smoothly:
- Multiple users can't work in the same company simultaneously
- The system can't roll up individual financials into a single consolidated financial report
- Inter- and intra-company transfers are not automatically processed in the software
- Assembly and distribution of financial packages is not automated
If your accounting team is struggling with a system that isn't designed for multiple entity accounting, it's time to switch to cloud accounting software that will scale with you in 2018 – and beyond!
