Tellency vs QuickBooks Enterprise: the step after accounting software.

The clearest sign is the spreadsheet that has to exist for the business to run: the real stock count, the job costing sheet, the consolidation workbook, the sales tax by jurisdiction. Each one exists because the accounting software does not hold that information in a way the business can use. In Tellency the stock position, the job margin, the consolidated P&L and the tax return are reports from the ledger, because inventory, projects, entities and tax live in the same system as the accounts.

QuickBooks Enterprise's Advanced Inventory covers a lot of ground, but inventory valuation, landed cost, work-in-progress for production and returns across channels are where the numbers stop agreeing with the warehouse. Tellency posts every stock movement to the ledger as it happens, records freight and duty against the purchases they belong to, and carries production through work orders, so the balance sheet inventory figure and the warehouse count are the same number.

The second entity is where accounting software starts to hurt. Two files mean two closes, intercompany entries by hand and a consolidation spreadsheet. Tellency runs multiple entities on one ledger with consolidated reporting as a filter, not a project.

A warehouse in one city, a sales team on the road and an accountant in another province do not fit a Windows desktop application well, even hosted. Tellency is cloud-based on a dedicated instance, used from a browser or the mobile apps, with roles that give the counter, the warehouse, the sales desk and the owners the views they need.

Chart of accounts, customers, vendors, items, open receivables and payables, inventory quantities and historical balances are exported from QuickBooks and loaded into your Tellency instance. Balances are reconciled to your closing trial balance, the team is trained, and a parallel month-end is run before cut-over. Most QuickBooks migrations complete within Tellency's one to four week go-live window.