Quickbooks Pro vs Premier – Forbes Advisor

Mark has researched and reviewed accounting software at Fit Small Business since and has developed an extensive knowledge of accounting software features and how unique business needs determine the best accounting software. This article is part of a larger series on Accounting Software. Businesses interested in the QuickBooks Desktop software can choose from four different products depending on the size of the business and the features they need. If you own a very small business that has no inventory, you can choose from QuickBooks Pro and Premier.

For a large business that needs inventory accounting, QuickBooks Enterprise is the best choice. The four QuickBooks Desktop products each have features that work best depending on the users. We rated QuickBooks Desktop as our best small business accounting software for users dealing with internet speed or reliability issues. QuickBooks Desktop offers many of the core accounting features needed by small businesses, such as:. Answer a few short questions to see a personalized recommendation for the best QuickBooks Desktop product for your business.

After the quiz, you can link directly to our recommended software or continue reading the article to learn more. Answer a few questions about your business, and we’ll give you a personalized product match. Business owners with multiple locations might want to consider QuickBooks Online as an alternative to the desktop version. If you think QuickBooks Online might be best for your business, you can learn more by reading our QuickBooks Online vs Desktop comparison.

If you want to stick with QuickBooks Desktop but need cloud access to your accounting data, you should consider using a QuickBooks Desktop hosting service. With QuickBooks hosting, your desktop application will be transferred to a remote cloud server, allowing you to access your files anytime and anywhere with an internet connection.

If you need to take your QuickBooks Desktop to the cloud, check out our list of the best QuickBooks hosting providers. Macintosh users looking for additional features should consider QuickBooks Online, which will run on either Windows or Macintosh computers. This email address is invalid. Your account subscription renews every year, and you have the option to cancel your subscription at any time.

You can no longer purchase a one-time license of QuickBooks Desktop products. QuickBooks Pro is a comprehensive bookkeeping program, and it contains essential accounting features for small and midsize businesses SMBs tracking unpaid bills, invoicing clients, and printing detailed reports. Other features of QuickBooks Premier not present in QuickBooks Pro include creating and tracking budgets and forecasts and monitoring project profitability.

However, QuickBooks Premier is worth the additional price if your business deals extensively in inventory or operates in one of the five industry-specific editions of Premier. The industry-specific editions provide both additional reporting options and workflows customized for your industry. QuickBooks Enterprise is the most powerful of all QuickBooks products, scaling up the functionality provided by Premier by allowing up to 40 users Diamond.

Enterprise comes in a general business edition plus the same five industry-specific editions as QuickBooks Premier. It has all the features of Premier, plus the ability to track inventory at multiple locations and use bar codes, create advanced reports, pay employees with QuickBooks Enhanced Payroll Platinum only , track inventory with more details and efficiency, and implement advanced pricing Platinum and Diamond. The advanced features come at a steep price, as Enterprise is more than twice the cost of Premier.

Read our review of QuickBooks Enterprise to learn more about its advanced features. QuickBooks Enterprise has all of the features found in Premier in addition to those included in the table below. Takeaway: Because of the high price, most businesses will probably wait to upgrade from Premier to Enterprise until they require more than five concurrent users. However, if your business spends a lot of time dealing with inventory in multiple locations, Enterprise might be worth the additional cost.

QuickBooks Accountant Desktop has all the features of QuickBooks Premier but has special tools and capabilities designed to help professional bookkeepers work with many different clients. For instance, QuickBooks Accountant Desktop can toggle between all the industry-specific versions of Premier as well as Pro. It can also access QuickBooks Desktop files from prior-year versions without updating the files. Additionally, QuickBooks Accountant Desktop has features that help professional bookkeepers import, review, adjust, and communicate changes with their clients.

However, the license requires a current ProAdvisor membership. You can purchase and access the program immediately but are required to complete about 20 hours of training and pass an exam to become a ProAdvisor. Choosing the right QuickBooks Desktop edition depends on the size of your organization and the specific features and functionality you need. QuickBooks offers a variety of powerful software applications to fit almost any need.

Whichever QuickBooks edition you choose for your business, it can be downloaded immediately and comes with a day money-back guarantee. Visit QuickBooks Desktop. Find Timothy On LinkedIn. He then taught tax and accounting to undergraduate and graduate students as an assistant professor at both the University of Nebraska-Omaha and Mississippi State University. He most recently spent two years as the accountant at a commercial roofing company utilizing QuickBooks Desktop to compile financials, job cost, and run payroll.

Find Mark On LinkedIn. Mark Calatrava is an accounting expert for Fit Small Business. He has covered more than 50 accounting software for small businesses and niche industries and has developed an in-depth knowledge of the important features of accounting software and how the importance of these features vary by business. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you.

Fit Small Business content and reviews are editorially independent. We may make money when you click on links to our partners. Learn More. Published December 15, Table of Contents. QuickBooks Pro : Best for businesses with up to three users and minimal inventory QuickBooks Premier : Best for nonprofit, manufacturing and wholesale, professional services, construction, or retail businesses with five or fewer users QuickBooks Enterprise : Best for small to medium-sized retailers, wholesalers, distributors, and manufacturers with advanced inventory needs QuickBooks Accountant : Best for bookkeepers and accountants that provide bookkeeping or payroll services to multiple businesses We rated QuickBooks Desktop as our best small business accounting software for users dealing with internet speed or reliability issues.

QuickBooks Desktop offers many of the core accounting features needed by small businesses, such as: Importing bank transactions Reconciling credit card balances Printing checks Setting up recurring vendor payments Recording credit card charges Paying a credit card invoice Answer a few short questions to see a personalized recommendation for the best QuickBooks Desktop product for your business.

Question 1. Are you an independent accountant or bookkeeper offering your services to multiple clients in different locations? Question 1 of 3. Does your business operate in one of the following industries? Question 2 of 3. Manufacturing and wholesale. Professional services. None of the above. Do you require more than 3 users to have access at the same time? Question 3 of 3. Visit QuickBooks Pro.

Visit QuickBooks Premier. Visit QuickBooks Enterprise. Visit QuickBooks Accountant Desktop. Visit QuickBooks Desktop No, thanks. QuickBooks Desktop. Was this article helpful? Yes No. Feedback Yes No. Human Resources.

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QuickBooks Pro vs Premier: A Comparison.What is the Difference Between QuickBooks Desktop Pro and Premier?

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