What is the best financial software to graduate to from QuickBooks?

There is no "right" successor. There is what fits for your company and its business plan.

Can you be more specific?
"Small" can mean under $50M, $10M, $1M, or even $500K.

What reports do you need that you're not getting from QuickBooks?
I'm asking because I've heard that question from many small business owners over the years, and there is actually a lot more most people can get out of QuickBooks before spending the time and money to convert to another system.

Maybe it's necessary, but maybe your company is sitting on exactly what is needed for clear decision-making and solid compliance and just needs to awaken certain features.

There are many choices out there in today's cloud computing environment and it can be overwhelming. Having said that, I recommend you first document your requirements or needs before you dive into the vast internet of research. Some basic things to include would be how many users do you anticipate now and in the future? Do you expect your business to grow or evolve? Do you wish to access your system while mobile? What type of operating platform are you using today (standalone or server based) and has it been kept up to date? I'm not a big Qbooks fan and believe it to be a very limiting software but if you have determined it is no longer adequate, it is very important that you think about the near and long term needs of your organization. You might be a good candidate for a cloud type of offering with a limited subscription service. No one wants to have to convert their GL system more than they have to but it might be easier and less costly to go with a cloud solution. Again, there are many choices and new offerings that may include hosting the selected software, backing-up data, automatic upgrades, etc.

If you go with a traditional out of the box software, you have to consider hardware requirements and the annual license fee for upgrades, etc. I have used many small, medium and ERP type GL packages but am hesitant to recommend anything without knowing your business needs.

You shouldn't go to the grocery store without a shopping list or you might end up buying more than you wanted. So as suggested, the first step is to document your needs.

I'd like to reinforce Jaime's comment. QB's reporting tools are quite strong and usually it's for other reasons that companies outgrow it. Also if tools like class codes or custom fields aren't being utilized, it's possible that some useful data isn't being collected.

Which version of QuickBooks are you using? The reporting tools increase as you move up in versions - Enterprise has extensive reporting and several add-on apps are available to increase those options even further.

You cannot answer the question from the product (software) angle. As Wayne says you have to start with YOUR needs.

Take a look at these two recorded webinars (Wayne and I were asked to present these about 18 mos back): There is a series called FinTech Forum.

The first webinar in the series:
https://www.proformative.com/events/nuts-bolts-approach-selecting-right-technology

The second Webinar:
https://www.proformative.com/events/selecting-right-business-technology-solution-business-partners

Dear Anonymous,

While you're getting lots of good advice here, you may want to apply those principles when evaluating 2 or 3 of the following in no order of preference:

Adaptive Suite
Intacct
Netsuite
Sage
Peachtree
Host Analytics

Jake

In my experience when a company has outgrown Quickbooks what is really needed is the capability to increase visibility across the organization. Being able to see the entire supply chain, front to back office, etc. As many have indicated in this thread, know what your requirements are and what resources will be required - both people and capital. From there I would recommend looking at viable Cloud offerings. You can seek stand alone options to integrate such as Salesforce, Zen Desk, etc. for CRM and Intacct, Financial Force, etc. for the accounting side. Or you can look at complete platforms such as NetSuite. Having used the options noted, as well as many other Cloud based apps I feel that minimizing the variables is best when moving off of a stand alone accounting application to more of an ERP type offering.