About IQMS Accounting

IQMS Accounting is a finance management system for manufacturing businesses of all sizes. It was developed specifically for manufacturers who work in automotive, food, medical devices, plus other general and contract manufacturers. IQMS Accounting is designed to increase financial visibility and improve general office operations. It can be deployed on the cloud or installed on Windows systems and integrates with all IQMS ERP and manufacturing solutions. Additionally, an IQMS mobile app is available for Android devices. 

With built-in integrations, all data can be shared across systems and can include job costing, quoting, and forecasting. IQMS Accounting can help manufacturers track and manage all costs, revenue, and cash flow from one centralized system...


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Supported Operating System(s):

Windows 7, Windows Vista, Windows XP, Web browser (OS agnostic), Windows 2000, Windows 8, Windows 10

19 Reviews of IQMS Accounting

Average User Ratings

Overall

3.89 / 5 stars

Ease-of-use

4.0

Customer support

4.0

Ratings Snapshot

5 stars

(1)

1

4 stars

(15)

15

3 stars

(3)

3

2 stars

(0)

0

1 stars

(0)

0

Showing 1 - 5 of 19 results

May 2012

Todd from Reo Plastics, Inc

Time Used: Free Trial

Review Source: Capterra


Ease-of-use

5.0

Customer support

5.0

May 2012

Happy after 15+ years

Would recommend this program to everyone

Pros

Great all encompassing ERP software program

Cons

None that come to mind

May 2012

Terry from DimcoGray Corporation

Time Used: Free Trial

Review Source: Capterra


Ease-of-use

4.0

Customer support

4.0

May 2012

IQMS Accounting-IMO

An efficient and easy to use accounting system. Costing needs enhanced so you have the ability to generate income statements by SBU without having to run a lot of reports and do manual journal entries.

Pros

UI is perfect. Navigation is simple. Reports are straight forward. Performing transactions in both a/r and a/p are effortless. Entering invoices from the a/p side is very very efficient.

Cons

Posting shop floor is too cumbersome. Needs to have more journals for separation of posting activities to better track costing. (dispo contains too much info). Posting should ask you for an accounting period only...and only once. i.e Disposition journal posting wants info twice. Always should be free from with current date..only needs to ask what period. Cash disbursement should have check number control and populate the last check number. Concerning sales and cost of goods sold, inventory screen will let you enter a different sales account number for the item but not other accounts such as standard cost of good sold. You end up with sales of 100,000 but costs all go to the default account.

June 2012

Kenyon from Aribex

Time Used: Free Trial

Review Source: Capterra


Ease-of-use

5.0

Customer support

4.0

June 2012

IQMS ACCOUNTING

Overall I think that Accounting Module is very customizable but does take a lot of set up time to get it the way user's want it. I think the IQMS has a lot of great ideas but could definitely use some improvement, especially with regards to bank reconciliation.

Pros

- Spreadsheet server to easily customize reports for accounting department - Reversal of Journal entries and invoices quickly - Quickly get assistance from IQMS support with any issue - Ease of transferring data to Excel - Relatively fast (Compared to what we knew before)

Cons

- Out of the box reports aren t very good hence the spreadsheet server - Reversal of Journal entries and invoices quickly - Bank Reconciliation needs improvement - Cumbersome to get new account set ups into the report and then in Spreadsheet Server. - Having to re-setup all formatting after new version - Payment process is also cumbersome

June 2012

Laura from NMC Group Inc

Time Used: Free Trial

Review Source: Capterra


Ease-of-use

4.0

Customer support

5.0

June 2012

Accounting Made Easier with IQMS

I would recommend this software to any injection molding environment. It is well worth the cost and training time.

Pros

Support is fantastic. You can call anytime and get a live person to walk you through any issue. That alone is worth so much. I have used multiple software packages for accounting. The integration from manufacturing to accounting is great. IQMS actually listens to their users and updates their systems to meet our needs, rather than the user always losing something with each update.

Cons

Ad Hoc Reporting Writing would make the system even more robust. I have some instances where I could add one or two fields to an existing report and have what I need. Crystal can be easily corrupted when you have multiple users trying to clone and make changes to reports, so we have the system locked down. Having said that, an addition of ad hoc reporting would be a valuable addition to your software package.

June 2012

Wendi from Plasticcomponents.com

Time Used: Free Trial

Review Source: Capterra


Ease-of-use

4.0

Customer support

4.0

June 2012

IQMS Accounting Module Review

One of the very best investments we have ever made! Having complete control and visibility of our inventory and processes along with being able to run accurate gross profit reports is priceless.

Pros

We have been using IQMS for nearly 10 years. Each update provides thoughtful and beneficial changes to enhance our application of the software. Some of the recent functionality additions we have found particularly valuable include: -quick scan for invoices and sales orders -ability to drop email correspondence virtually anywhere in the system -reverse journal entries and the push of a button -ability to close INV status in the GL periods maintenance has been extremely useful in reconciling inventory accounts

Cons

An observation more than a con: Implementing Upgrades! We couldn't do this successfuly without the help of an IQ consultant. There is just too much to know and understand.