As QuickBooks are going to be dysfunctional in India, it’s high time to migrate to a cloud-based ERP solution and Dynamics 365 Business Central stands out to be the preferred choices among all solutions for SMEs as it renders greater scalability and more profitability.
Both QuickBooks and Microsoft Dynamics 365 Business Central are software solutions that render accounting functionality. These business management software solutions deliver the fundamental accounting functionality for SMEs. However, the two solutions are worlds apart.
Overall, QuickBooks tends to be more suitable for simple small businesses or micro-businesses, whereas Dynamics 365 Business Central satisfies the more mind boggling requirements of developing private ventures and medium size organizations. As a matter of fact, numerous organizations start on QuickBooks and afterward change to Business Central once their requirements develop with the advancing business world.
Key Challenges with QuickBooks
QuickBooks forces limits on the number of records the framework that can cycle and keep up with in its document, number of workers, posted exchanges, and so on.
An uncertain document structure opens QuickBooks information to coordinate altering inside the information tables themselves. This takes into consideration sometime later "altering" of posted exchanges, without any record of the progressions made.
QuickBooks vs. Business Central
Lacks depth of capabilities within purchasing, inventory, manufacturing distribution, audit control, advanced reporting. Adding capabilities and service offerings is expensive.
Business Central Dynamics is comprehensive, advanced solution to handle more complex business processes. Secure workflows and improve compliance.
QuickBooks Pro and QuickBooks Enterprise are built on different platforms than QuickBooks Online. Hence, upgrading is not seamless.
Dynamics 365 Business Central and Dynamics NAV share common codebase that ensures complete consistency and ease of transition between on-premise and cloud versions.
Minimal business productivity integration.
Deep integration with Office.
Quickly outgrow QuickBooks’ user and transaction limits; limited reporting capabilities.
Built on Microsoft Azure platform and support growing transaction volumes and more users. Includes a web-based reporting portal, too.