{"id":688,"date":"2021-01-27T16:08:31","date_gmt":"2021-01-27T23:08:31","guid":{"rendered":"https:\/\/goodreports.ca\/?p=688"},"modified":"2021-01-31T00:05:15","modified_gmt":"2021-01-31T07:05:15","slug":"furniture-quickbooks-multicurrency","status":"publish","type":"post","link":"https:\/\/goodreports.ca\/case-studies\/furniture-quickbooks-multicurrency\/","title":{"rendered":"Setting up a $5M Multi-currency Company with QuickBooks Enterprise"},"content":{"rendered":"\t\t
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Home<\/a> >> Case Studies<\/a><\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\tSetting up a $5M Multi-currency Company with QuickBooks Enterprise\t\t\t\t\t<\/h1>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Case
Study<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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The Problem<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The business had over 15,000 invoicing and purchase orders\u00a0on another accounting system\u00a0<\/span>but the transactions were not reliable\u00a0and were insufficient to produce financial statements.\u00a0<\/span><\/p>

Management wanted a way to quickly take several years of data and put it into a reliable accounting system.<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The Business<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A custom high-end door and window manufacturing for North American clients, based in Vancouver, BC.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The Solution<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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GoodReports assessed several accounting systems and based on the client’s requirements, we selected QuickBooks Pro because it was the best for their organization.<\/p>\n

We developed the entire system to allow it to process ongoing business transactions. Then we loaded the thousands of past transactions over several days using specialized applications and created exception reports for fast data clean-up, saving the client three times the amount of manual work should they have done it themselves.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

The business had over 15,000 invoicing and purchase orders on another accounting system but the transactions were not reliable and were insufficient to produce financial statements. <\/p>\n

Management wanted a way to quickly take several years of data and put it into a reliable accounting system…<\/p>\n","protected":false},"author":1,"featured_media":768,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"\nSetting up a $5M Multi-currency Company with QuickBooks Enterprise | QuickBooks Custom Reporting | GoodReports<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goodreports.ca\/case-studies\/furniture-quickbooks-multicurrency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Setting up a $5M Multi-currency Company with QuickBooks Enterprise | QuickBooks Custom Reporting | GoodReports\" \/>\n<meta property=\"og:description\" content=\"The business had over 15,000 invoicing and purchase orders on another accounting system but the transactions were not reliable and were insufficient to produce financial statements. 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