Migrate from QuickBooks to Microsoft Dynamics Business Central

Is your business expanding too fast to outgrow QuickBooks?
Migrate from QuickBooks to BC now with Addend Analytics!!!

QuickBooks (QB) is an accounting platform better suited to small and micro enterprises, whereas Dynamics 365 Business Central is better suited to the more sophisticated needs of expanding small and mid-sized organisations. Many firms begin with QuickBooks and subsequently migrate to Business Central as their accounting needs evolve!

Shortcomings of QuickBooks

QuickBooks has constraints on the number of records it can process and store in its archive, the number of employees it can hire, the number of transactions it can post, and so on. Once you've reached those limits, your only option is to begin deleting QuickBooks' history.

QuickBooks data is vulnerable to direct modification within the data tables due to an insecure file format. This enables “editing” of uploaded transactions after the fact, with no record of the modifications made. It even allows you to create out-of-balance transactions in your data (Credits do not equal Debits).

Purchase, inventory, manufacturing distribution, audit control, and advanced reporting capabilities are all lacking. It is costly to add features and service offerings from QuickBooks' partners.

The solution is skewed toward accountants, not business owners, due to the lack of business productivity integration.

QuickBooks' user and transaction constraints, as well as its restricted reporting features, can quickly become a bottleneck for businesses.

Why migrate from QuickBooks
to Business Central?
microsoft dynamics 365 business central
Top BC Features

Advanced Finance

  • 1 to 3 Functional Companies
    • Intercompany Transaction Setup
    • 1 Consolidation
    • Same Chart of Accounts and Dimensions for All Companies
  • 4 to 6 Functional Companies
    • Intercompany Transaction Setup
    • 2 Consolidations
    • Same Chart of Accounts and Dimensions for All Companies
  • If you require 7 or more companies, let’s talk more about your requirements.

Advanced Banking

  • EFT/ACH (Accounts Payable Only)
  • 80 Byte File Format
  • eBank Rec

Assemblies (Requires sales, purchasing, and inventory)

  • Assembly BOMs
  • Assembly Orders

Core Finance

  • Environment Setup for 1 Company (legal entity)
  • Permissions and Role Setup for up to 10 users
  • General Ledger
  • Dimensions
  • Accounts Payable
  • Accounts Receivable
  • 1 Bank Reconciliation (not eBank Rec)
  • 1 Bank Account
  • Report Layout Customizations for Sales Invoice and 1 Cheque format
  • Migration of Data for Chart of Accounts, Customer Master, Vendor Master, Open Balance

Fixed Assets

  • 2 Depreciation Books
  • 7 Asset Categories
  • Depreciation Methods – Straight-Line and Declining
  • Additional Companies are $750 per Company

Inventory (Requires sales and purchasing)

  • Costing methods – FIFO and Average
  • Cycle Counting
  • Landed Cost
  • 1 Location
  • Data Setup for Item and Open Balances

Multicurrency

  • Multicurrency Setup
  • 1 Additional Bank Reconciliation (not eBank Rec)
  • 1 Additional Bank Account
  • Up to 10 Currencies
  • Download Currency Exchange Rates
  • Bank of Canada Noon Rate Setup

Purchasing

  • Purchase Order Processing (POP)
  • Quotes
  • Orders
  • Returns
  • Out of the Box Report Setup including Purchase Quote, Purchase Order Confirmation, and Purchase Return Order Report

Sales

  • Sales Order Processing (SOP)
  • Quotes
  • Orders
  • Returns
  • Out of the Box Report Setup including the Sales Quote, Sales Order, and Sales Return Order Report
Dynamics 365 Business Central Pricing

Essentials and Premium editions of Dynamics 365 Business Central are available (Premium simply gives an additional layer of functionality for manufacturing and service order management). Whether you choose Essentials or Premium, there are two types of users – ‘Full’ and ‘Team Member’:

Full Users

These users require access to Dynamics 365 Business Central’s feature-rich business applications. Salespeople, customer service representatives, finance employees, financial controllers, and supply chain managers are examples of Full Users.

Team Member Users

These users will be able to access data in the system and perform minor activities such as time or expense input and HR record modifications, but they will not be able to make any system postings.

Dynamics Business Central Essential

$70

Per user/month

Dynamics Business Central Premium

$100

Per user/month

Dynamics Business Central Team Members

$8

Per user/month

Top Reasons to consider Addend Analytics for QB to BC Migration

Migrate from QuickBooks to Business Central FAQs
What is Addend Analytics’ expertise?

Addend Analytics is a Microsoft Business Central and Power BI partner specializing in data analytics solutions. We have successfully implemented 150+ Data Analytics projects across U.S., Europe, UK and Australia.

 

How much does it cost to migrate from QuickBooks to Business Central?

This totally depends on your company files and existing data migration scope. We can analyze your data and submit you a proposal for upgrade. 

How much time will it take for complete QB to BC migration?

QB to BC projects range typically from 30 days to even 6 months! Once we analyze your data, we can give you the estimates and timeline required for it.

How can I reach out to you?

Please email your requirements at kamal.sharma@addendanalytics.com and we will get back to you.