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Inventory Software Add on for Quickbooks Enterprise

Susan Wayland's Profile

 I am working with a high-growth consumer products company that needs a better inventory management system than Quickbooks.  I am reviewing add on products to QB Enterprise.  Does anyone have any experienced with any of these tools or any ideas for better tools to manage inventory?  Thanks

Reference URL: http://marketplace.intuit.com/search.aspx?search=inventory

Answers

Mark Linder
Title: VP Finance
Company: Performance Solutions
(VP Finance , Performance Solutions) |

Check out a product called Fishbowl. One of my clients implemented it and really liked it. It was simple to set up and use and ties nicely to QB. I have another of my clients looking at it right now.

Susan Wayland
Title: Chief Financial Officer and Director of ..
Company: San Francisco Day School
(Chief Financial Officer and Director of Operations, San Francisco Day School) |

Hi Mark, thanks for the input. Did you find it too expensive vs. other products though? For 5 users they ask about $6K...

Mark Linder
Title: VP Finance
Company: Performance Solutions
(VP Finance , Performance Solutions) |

My client felt that it was a very good price for the functionality and features of the product. It was more expensive but they were very happy with the choice.

Thomas Froio
Title: Principal
Company: Thomas L. Froio, CPA
(Principal, Thomas L. Froio, CPA) |

I have a client that uses Fishbowl as an add on to QuickBooks also. It works well, but you need to be sure that all of your activity in Fishbowl is accurately linked to your accounts in QuickBooks. You should also be aware that Fishbowl offers LIFO, FIFO, Average cost options and does a good job at transferring to QuickBooks an accurate amount based on your selection. HOWEVER, 100% of the financial reports available in Fishbowl are presented on an Average cost basis - it cannot do financials using any other method. Also, reports in FB regarding sales are reported when the last shipment occurs. That is, if there is a blanket order for monthly deliveries during the calendar year, no sales will be included in the monthly FB reports except for December when the 12 month total is included. This gets more complicated if the blanket order crosses fiscal year end.

Susan Wayland
Title: Chief Financial Officer and Director of ..
Company: San Francisco Day School
(Chief Financial Officer and Director of Operations, San Francisco Day School) |

thanks for the tip on the reporting on different cost methods with Fishbowl. Do you know if it has the ability to have many different warehouses and can you do inventory transfers?

Thomas Froio
Title: Principal
Company: Thomas L. Froio, CPA
(Principal, Thomas L. Froio, CPA) |

Yes, multiple warehouse locations with multiple locations within each warehouse is available as part of the standard package of Fishbowl. Inventory transfers are also possible. There is another caution you need to be aware of if you are using multiple warehouses. You need to set up users for individual locations otherwise Fishbowl draws inventory from the location where the inventory was last purchased (assuming LIFO). So the inventory may decrease in a location other than where the manufacturing is occurring.

Simon Westbrook
Title: CFO
Company: Aargo Inc.
( CFO, Aargo Inc.) |

WE used Fisbowl in conjunction with Quick Books. It cost about $3500 for a three seat license. We found it a great add-on to QB, and because we were early users we were rewarded with a couple of custom report design credits. They solved our problem on average cost by giving us a latest cost version. I would have though that this might have become a standard report since they developed it for our use. That was about a year ago, and I have not worked with the client company, or the Fishbowl software since. On the whiole I found their sales and support staff really helpful in explaining and demonstrating and answering questions. Definitely worth looking at for its low cost.

Richard Craig
Title: Shareholder
Company: 415 Group, Inc.
(Shareholder, 415 Group, Inc.) |

Tell me a little more about what type of inventory you are trying to track. Is it a warehouse, full manufacturing, coversion of finished products only, or are you taking raw materials and converting them into finished? Also, if you could tell me a little more about the general industry you are in, I may be able to help point you in the right direction.

Susan Wayland
Title: Chief Financial Officer and Director of ..
Company: San Francisco Day School
(Chief Financial Officer and Director of Operations, San Francisco Day School) |

Hi Richard,
We are using third party manufacturing to do most of the product and finishing. So we are basically buying a finished product. We are a consumer product company. Our biggest issue right now is the inability to have different warehouses within quickbooks to classify where the inventory is located.

Richard Craig
Title: Shareholder
Company: 415 Group, Inc.
(Shareholder, 415 Group, Inc.) |

Is warehousing the only thing that you need in regards to inventory? Are there any issues with lot or serial numbers? Intuit does have a warehoure management system as part of their Enterprise Suite. However, our clients have found it to be unforgiving at times and difficult to deal with returns, etc. For what you are describing, I would recommend you look at NumberCruncher. Fishbowl does a nice job for heavy manufacturing, but I think NumberCruncher may be more in the line of what you are looking for from your descriptions. Please feel free to contact me direclty if I can answer more detailed questions.

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