Our company is using QB Enterprise - Gold and would like to know if there are any glaring limitations QBO-Advanced may have in comparison. Our company is a distributor and sells millwork: doors, windows, cabinetry, mouldings, etc both retail and wholesale. We have 244 accounts, 5,277 total names (vendors/customers), 11 employees/users, 1,432 items (both inventory and non-inventory items), and 7 different price rules on inventory items. We handle payroll in house and use a few custom reports, sales forecasting, and our company file is being hosted on the cloud.
One thing that might be more unique is how we use non-inventory items: the windows, doors, cabinetry, and hardware we purchase from manufacturers are all purchased and sold as non-inventory items. All doors use "CUS DOOR", all cabinetry use "CUS CABINET" and so on. We use them this way because every door, window, and cabinet are all custom and different sizes/designs/etc, and it would be way too much work to create an inventory item for something that might be sold 1 time. When we receive those custom items, they go into a designated asset account just like an inventory item does. At the end of each month, I run a sales report on every custom item we sold, and then manually move those specific costs from their asset account to their COGS account. We do this so we can have an accurate P&L month to month. It's time-consuming, but it works.
So, given the above info on some of our operations and company file size, does anyone see or know of any issues or limitations there could be if we were to try QBO-Advanced? I appreciate your time and input.
