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Solution BriefIntacct for QuickBooks Users For millions of small business owners, QuickBooks is the perfectaccounting system. Cost-effective and easy-to-use, QuickBooks letsyou organize your business finances, pay bills and track your sales andexpenses. But, for owners, CEOs, CFOs and controllers of growing smalland midsized businesses, there inevitably comes a time to evaluatewhether QuickBooks is still meeting your needs. Outgrowing QuickBooksis a milestone you should celebrate — it means you have achievedthe level of success and scale in your business where you are readyto graduate from QuickBooks to a professional, full featured financialmanagement system. Intacct is the award winning cloudfinancial management and accountingsystem specifically designed to helpsmall and midsized businesses who haveoutgrown QuickBooks. Intacct and ourpartners have helped thousandsof companies like yours move fromQuickBooks to Intacct — your next(and last) financial management andaccounting system.With automated conversion tools,pre-defined industry templatesand built-in best practice businessprocesses, Intacct is quickly becomingthe de facto standard for QuickBooksgraduates — the lowest cost, lowestrisk choice with the best track recordof success and the highest level ofcustomer satisfaction. In fact, 9 out of 10of our clients indicated that they wouldrecommend Intacct to their colleagues.As your company grows, the decisionto move from QuickBooks to a newfinancial system can take severalshapes. For some companies, acompelling event — such as a controlissue highlighted by your auditors oran issue of employee fraud resultsin an immediate decision. For others,it’s a more considered decisionwhere the finance team knows thatit needs to graduate to a systemwith deeper financial managementand accounting functionality and thequestion becomes when and how tomake the move.For QuickBooks users with rapidlygrowing businesses, financial visibilityand control often become critical.The requirement to continuouslymanage your business from anywhere— monitoring and forecasting cash,tightening down on receivables andmanaging payables is a major catalystfor upgrading to an industrial strengthsystem like Intacct. Cost savings mayalso drive the decision; businessesusing QuickBooks often find that theycan more than justify the entire costof Intacct by automating their financialprocesses and freeing finance stafffrom tedious manual work.Whether it’s a single catastrophicaccounting failure, a deep-seatedknowledge that you need moresophisticated accounting functionality,a mandate to improve financial controland visibility or the need to automateyour financial processes as you scaleyour business, thousands of QuickBooksusers like you have made the decisionto move to Intacct. Here are some ofthe things that companies evaluatingwhether QuickBooks is still meetingtheir needs typically consider: Is QuickBooks meeting all of yourfinancial and accounting needs? Doesit have all of the functionality andcontrol you need today? How about ayear from now? Can you provide your managementteam and board with the informationthey need in a timely fashion? Are your auditors concerned aboutyour financial controls or security? Doyou have the need to segregate yourfinancial duties to reduce the riskof fraud? Does your team spend significant timeoutside of QuickBooks, using paper orExcel spreadsheets?

How much would you save if you couldautomate your financial processes tofree your finance staff from repetitive,manual processing? Do you need to manage complexrequirements like revenue deferraland recognition? Can QuickBooks handle your multicurrency and multi-entity requirementsas you add locations and do business inmultiple currencies?“ We don’t have an IT department, so it was critical to find anfinancial solution that didn’t require heavy lifting. Intacct putus in control of our data and how we use it, while eliminatingany burden of software maintenance and upgrades.”– Partner, The Carrera Agency Have you been able to integrateQuickBooks with your other keybusiness systems, like sales forceautomation, to avoid rekeying data orislands of information? Can your team work remotely? Canyou access your financials andperform common tasks like purchasingapprovals from anywhere? How are you handling backup andrecovery? What would data loss costyour business?If you’re like many growing companies,these questions may trigger even morequestions as you evaluate whetheryou have outgrown QuickBooks. Butbeware, not making a decision tograduate to a professional systemlike Intacct can by itself be a costlydecision, as you are likely to increasinglystruggle with underpowered accountingfunctionality, overspending on staffingfor manual tasks, leaving yourself opento a catastrophic control failure andexposing your business to technical andsecurity risks.Intacct’s cloud platform delivers the highest level of customer success, satisfaction and value.

Superior Accounting and Financial Management ApplicationsMoving to your next financial management and accounting system is abig step, but Intacct and our partners can help you every step of the way.Once you move to Intacct, you have everything you need to grow yourbusiness: proven deep and mature financial management and accountingapplications, real-time visibility and control, reliable on-demand deliveryand a low total cost of ownership.Intacct’s applications were named“Best for replacing QuickBooks” byInc. Magazine. The Intacct financialmanagement system includes best ofbreed applications for core financialsand accounting, including Intacctindustry-specific financial templates withbuilt-in best practices charts of accounts,financial processes, reports, dashboardsand much more. Once you select yourtemplate, QuickStart Financials easilymaps your existing charts of accounts toGeneral Ledger, Intacct AccountsReceivable, Intacct Accounts Payable,Intacct Cash Management andIntacct Expense Management, plusapplications for purchasing, ordermanagement and financial reportingand business intelligence.Intacct, automatically creating all ofyour account hierarchy structures andgiving you extensive financial reporting‘out of the box’.Optional Intacct applications includeFAS-52 compliant multi-currencysupport, real-time financial consolidation,sales tax management, inventorymanagement, revenue management,Web Services and pre-packagedintegration with Salesforce CRM.Quickly Get StartedTo speed the implementation andconversion process, you can takeadvantage of automated conversiontools that accelerate the process ofmaking the switch from QuickBooks toIntacct. Simply point the tools at yourexisting QuickBooks data files, answer afew simple questions and your data isautomatically converted and uploadedinto Intacct.Intacct QuickStart Financials lets youchoose from a library of pre-configured,Manage Multiple Entities with EaseIntacct multi-entity and financialconsolidation capabilities improve yourproductivity, accuracy and complianceby managing detailed local financialinformation for all of your businessentities along with automatic rollup,consolidation and reporting across yourentire business. Intacct supports simpleand automatic rollups for businesses likefranchises and restaurant chains all theway through advanced global financialconsolidation for holding companies andmulti-national corporations.If you have multiple business entities, byupgrading from QuickBooks to Intacctyou can typically expect to reduce yourfinancial closing cycle, improve thequality of your financial information andmanage your multiple business units inreal time, as well as ensure compliancewith financial and regulatoryrequirements in the regions where youdo business. You’ll never again have toworry about installing multiple copies ofsoftware, dealing with multiple data filesor wasting time manually cutting andpasting information into Excel.Automatic Multi-CurrencyBusinesses that operate in multiplecurrencies and use QuickBooks havetraditionally had to perform currencyconversion using calculators,spreadsheets or other manual methods.With Intacct, robust, automated, FAS-52compliant currency conversion is built-in.The Intacct financial managementsystem handles multiple currencies withease, automatically maintaining rates,calculating values across the system,and performing adjustments such asrecording gain or loss impact on foreigncurrency transactions.Intacct Multi-Currency complies withGAAP and other commonly applicablestandards, such as Financial AccountingStandards (FAS) Statement 52 ForeignCurrency Translation and FAS 141RBusiness Combinations (covering FAS52, EITF 87-12).View Your Data Any Way YouWant, From Anywhere at Any TimeIntacct delivers sophisticated financialreporting capabilities that you canfine tune to any level of detail youneed. You can easily drill down fromsummary financial reports to any level ofdetail including detail balances, journalsor subledger transactions. Intacctcombines inquiry, reporting and analysisinto a single reporting solution, givingyou real-time visibility across yourentire company.

The built-in report wizard allows you tocreate unlimited variations of reportsand graphs, including incomestatements, balance sheets, budgetvariance reports, financial ratios, grossmargin, statements of cash flow andmore. Columns may contain time periodsor side-by-side comparisons of any levelof department or location hierarchydetail, financial vs. operational resultscomparison, as well as budget vs.actual. Your users can retrieve importantinformation by drilling down from eachreport, including supporting documentslike scanned signature pages thatback-up each transaction.Improved Control and ComplianceIntacct provides very detailed securitypermissions, so you have precise controlover who can see and do what acrossthe system. You can segregate yourfinancial duties. For instance, in Intacctit is easy to assign different staffIntacct Accounts Receivable lets you easily create invoices to support quick payment.members the ability to enter vendorbills, request payments, approvepayments and print checks. It is alsoeasy to implement approval processes;you may decide that no approval isnecessary on checks less than 500,but all checks over 5,000 may needtwo approvals by staff with specificsigning authorities.Intacct’s applications are compliant withGAAP, IFRS, Sarbanes-Oxley and SAS70 Type II. Intacct also supportscompliance with many government, tax,legal, statutory and industryrequirements including FinancialAccounting Standards (FAS) Statement52 Foreign Currency Translation and FAS141R Business Combinations (coveringFAS 52, EITF 87-12) for multi-currencybusinesses, or AICPA’s Statements ofPosition (SOP) 81-1, 97-2 and 98-9, SECStaff Accounting Bulletins (SAB) 101and 104, VSOE, and FASB’s EmergingIssues Task Force (EITF) 00-21 forcontract-based businesses.Intacct Accounts Payable organizes and presents the payment information you need.