QuickBooks Enterprise for Retail Businesses
Simplify Retail Management with Advanced Tools
QuickBooks Enterprise for Retail Businesses simplifies inventory tracking, sales management, and customer insights.
Optimize Your Retail Workflow with QuickBooks Enterprise
QuickBooks Enterprise for Retail Businesses is a comprehensive solution designed to help retail businesses manage complex inventory, streamline point-of-sale processes, and gain actionable insights into sales trends. Its powerful features are tailored to meet the dynamic needs of retail businesses, helping owners save time, reduce errors, and maximize profitability.
From tracking inventory across multiple locations to integrating sales from various channels, it offers robust tools to streamline your operations. With powerful reporting and customer insights, it helps you make informed decisions, boost efficiency, and deliver exceptional shopping experiences.
Special features of QuickBooks Enterprise for Retail Businesses
QuickBooks Enterprise for Retail Businesses provides specialized tools like multi-location inventory management, sales tracking, and customer insights. These features help streamline operations, optimize inventory levels, and improve the overall shopping experience, ensuring greater efficiency and profitability for retailers.
E-commerce integration*
Simplify e-commerce management, avoid stockouts, and gain a clearer picture of your profitability by integrating QuickBooks with top online stores and marketplaces. Inventory counts update with every sale, regardless of how many channels you sell in. Easily add product listings across channels, and work with your preferred shipping provider right in QuickBooks.
Additional fees apply.Inventory categorization and expiration dates
Establish up to four levels of categorization on inventory and save time by using categories to report on items. Keep your inventory up to date, sell more quickly, and reduce business losses by assigning expiration dates so you can turn your inventory when you need to. Plus, you can help reduce business liability by conveying expiration dates across customer communications.
Bill and PO workflow approvals
Use customizeable business templates to help save time on your repeatable purchase order and bill workflow approvals. Delegate your operational aspects of creating bills or POs to your staff while still keeping oversight with timely approvals. One dashboard lets you manage cash flow, boost transparency, and help protect against fraud with a digital audit trail for each transaction. And employees get timely reminders so they don't miss an approval deadline.
Schedule and pay bills faster with QuickBooks*
Save time by scheduling and paying bills in QuickBooks. Use the funding source you choose and a digital or physical form your vendors prefer.* QuickBooks automatically marks the bill paid and notifies you once the money is sent. Gain financial flexibility by paying vendors from a card or bank transfer, then having the money sent via physical check or bank transfer.
Additional fees apply.Retail chart of accounts
Retail chart of accountsGet a better outlook on your business and on tax season with an industry-specific chart of accounts. Organize your information the way you want to see it, customized with the accounts and settings you need.
Customize your pricing
Create up to 750 price levels for any item. Or take total control of your pricing strategy with Advanced Pricing,* which now helps you improve your bottom line with pricing rules by item category, as well as item, customer, sales rep, and class.
Total any column on sales and purchases
Reduce tedious work and manual data-entry errors by totaling quantities and custom fields, like weight, on sales forms. Verify you’re ordering the correct amount without having to manually total quantities on purchase orders.
Contactless payments
QuickBooks Payments* users can now accept contactless payments via a single card reader and record them automatically in QuickBooks Desktop. Accept Apple Pay®, Google Pay™, EMV chip, and debt and credit card payments.
Additional fees apply.Enhanced search in item lists
Power users can now work faster by using enhanced search to find specific items within a large list of memorized transactions, fixed assets, or payroll items. You can also edit transactions and items by quickly using the search functionality, rather than manually scrolling to find them like before.
Key Reports of QuickBooks Enterprise for Retail Businesses
Advanced retail reports include Sales by Location, Inventory Turnover, and Customer Purchase Trends. These insights empower you to analyze performance, optimize stock levels, and make data-driven decisions to enhance your retail business's profitability.
Industry-specific report bundles
Enterprise comes with 14 built-in retail-specific reports that help you see where you stand in every area of your business. In addition, Advanced Reporting* allows you to create your own custom reports from scratch using the raw data in QuickBooks. If the data is in QuickBooks, you can report on it to gain a deeper understanding of your business.
Gross margin by inventory item
If your company records each sales transaction, you can see gross margin by inventory item to gain an understanding of which items are most–and least– profitable so you can adjust your prices to improve margins.
Monthly sales by customer
This report allows you to determine your best customers and their sales activity over the last year, so you can ensure you have items in stock to satisfy their needs as well as the insights you need to sell more.
Purchase volume by vendor
Keep track of which vendors you purchase the most goods from. This report is gives you the insights you need when you’re negotiating prices or considering purchases from new vendors.
Sales graph
Need an easy-to-understand visual representation of sales? The sales graph report gives you exactly that. You’ll see your sales by month and which items, customers, or sales reps bring in the most revenue so you can make adjustments to improve income.
Vendor returns detail
See which goods are most commonly returned to each vendor so you can eliminate low-performing items and improve your product mix to satisfy customers.
Alternate vendor reports
Increase your visibility into all available vendors by listing them in key inventory reports like inventory stock status by item and inventory valuation summary. See outstanding purchase orders and compare contracts and pricing across vendors. Batch-import vendor price lists. Plus, you can simplify ordering from alternate vendors by easily accessing them in frequently used reports.
Inventory reports enhancements
Gain better insight into inventory levels, costs, and sales to make informed decisions with enhanced inventory reports organized by categories. Stay on top of sales and control inventory costs using a hierarchical view of categories in “Inventory Valuation Summary,” “Inventory Stock Status by Item,” and “Sales by Item Summary” reports.
Why QuickBooks Enterprise is Best for Retail Businesses
Tailored for Retail Needs
QuickBooks Enterprise includes industry-specific features that cater to the unique challenges of retail businesses, such as inventory tracking and sales reporting.
Improved Customer Experience
With detailed customer insights and seamless transactions, retailers can create personalized experiences that keep customers coming back.
Enhanced Operational Efficiency
From managing stock levels to processing payments, QuickBooks Enterprise ensures smooth and efficient retail operations, saving time and reducing errors.
Scalable and Flexible
Whether you’re a single-store retailer or managing multiple locations, QuickBooks Enterprise adapts to your growing needs with ease.
Efficient Employee Management
Simplify scheduling, time tracking, and payroll tasks, allowing retail managers to focus on sales and service rather than administrative overhead.
Comprehensive Business Insights
Gain a holistic view of your retail operations, from inventory turnover to sales trends, helping you identify opportunities for growth and areas needing improvement.
Get Started with Minding My Books
QuickBooks Enterprise for Retail Businesses offers the tools and insights retailers need to thrive in a competitive market. Its robust features streamline daily operations, enhance customer experiences, and support business growth. Empower your retail business with QuickBooks Enterprise and take the guesswork out of inventory and sales management.