Intuit’s QuickBooks is a top contender when choosing the right accounting software. However, different versions are available within the QuickBooks ecosystem, each catering to specific business needs and requirements.
Among the most popular options are QuickBooks Pro, QuickBooks Premier, and QuickBooks Enterprise.
Understanding the differences between these versions is crucial for selecting the one that best aligns with your company’s size, industry, and accounting demands.
Understanding the Basics of QuickBooks Pro Plus, Premier Plus, and Enterprise
What is QuickBooks Pro?
QuickBooks Pro Plus is the most basic version of QuickBooks, and it includes everything that businesses need for basic transactions, including invoicing, managing accounts payable, and sales tax reports.
This version is suitable for companies with up to 3 users and provides an affordable accounting solution, as it won’t require many overhead costs compared to other QB editions.
QB Pro Plus comprises various features like transaction monitoring, tracking unpaid bills, creating customized reports, inventory management, multiple currency support and more. It enables users to develop rule-based customer groups to automate updates and management processes. Furthermore, QB Pro Plus is one of the market’s most affordable accounting software for SMBs.
What is QuickBooks Premier Plus?
QuickBooks Premier Plus is an excellent choice for businesses that require additional features and industry-specific functionality. It supports up to 5 users and offers specialized editions tailored to retail, manufacturing, wholesale, non-profit, professional service, and contractor industries. These tailor-made editions further offer the ability to track bills, create customized charts and reports, manage inventory, use built-in templates, and more.
QuickBooks Premier allows users to create multiple invoices per customer each month, providing flexibility in billing. Instead of having one invoice template as part of their billing system (and having users manually input each customer monthly).
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What is QuickBooks Enterprise?
QB Enterprise best fits businesses that are present in multiple locations and supports up to 40 active users. It serves various industries, from contractors, non-profits, and retail to manufacturing and wholesale. QB Enterprise enables business owners to set roles and permissions for each user according to their process and create advanced reports.
It supports up to 40 active users and provides advanced features such as:
An integrated payroll solution (hire and manage employees directly through QuickBooks)
The ’Payroll’ feature enables businesses to create paychecks in one place without re-entering them into each department’s payroll system, reducing errors and making tracking employee hours/payroll deductions by the department easier.
QB Enterprise is available in different models, offering scalability to match the requirements of various industries. It can manage up to 100,000 inventory items and is available in four models- Silver, Gold, Platinum, and Diamond.
Buy a QuickBooks Enterprise license at a discounted price.
Which QuickBooks Desktop Version Is Right for You?
Here’s a detailed comparison among the various versions of QuickBooks Desktop for Windows: Pro, Premier, and Enterprise editions.
| Features | Pro Plus | Premier Plus | Enterprise |
|---|---|---|---|
| Max. Number of Users | 3 | 5 | 40 |
| Data File Size Upto | 150-200 MB | 150-200 MB | 1 GB |
| Pricing | Starting at $799/yr/user | Starting at $799/yr/user | Starting at $1830 00 /yr* |
| Industry-specific Features | No | Yes | Yes |
| Customized Prices within QuickBooks | No | No | Available |
| Individual User Permission | Yes | Yes | Yes, with more advanced options |
| Fixed assets management | No | No | Yes |
| Anytime, Anywhere Access | With Hosting Service | With Hosting Service | With Hosting Service |
| Create Business Plan | No | Yes | Yes |
| Create Reports with QuickBooks Statement Writer | No | Limited to Accountants Only | Yes |
| Predefined User Roles (14 in number) | No | No | Yes |
| Sales Forecast | No | Yes | Yes |
| Work on Multiple Company Files Simultaneously | No | Limited to Accountants Only | Yes |
| Create Purchase Orders | Yes | Yes | Yes |
| Import Data from Third-party Apps such as Excel, Outlook, Quicken | Yes | Yes | Yes |
| International Sales Tracking | Yes | Yes | Yes |
| Multiple Currency Expense Tracking | Yes | Yes | Yes |
| One-Click Reports | Yes | Yes | Yes |
| Tracking Inventory | Yes | Yes | Yes |
| Bin Location Tracking | No | No | Yes |
| Bar Code Capabilities Without Add-on | No | No | Yes |
QuickBooks Pro Plus vs. Enterprise Comparison
One of the significant differences between QuickBooks Pro Plus and Enterprise is functionality. On the one hand, QB Pro Plus is the most basic version of QB Desktop. It best fits small businesses that require only up to three simultaneous users.
On the other hand, QB Enterprise is the most expensive out of the three QB variants. Businesses needing advanced QB Desktop solution functionality can opt for the Enterprise edition.
Here’s a quick glimpse of some key differences in features of both the QuickBooks versions.
QuickBooks Pro Plus:
- Target Users: Small businesses
- Features: Basic accounting functions like invoicing, expense tracking, and basic reporting
- Users: Limited to 3 user
- Data Limitations: Limited data capacity
- Scalability: Suitable for smaller businesses with simple accounting needs
- Pricing: Lower cost compared to Enterprise
QuickBooks Enterprise:
- Target Users: Medium to large businesses with more complex accounting needs
- Features: Advanced inventory management, advanced reporting, enhanced user roles, and
customizations - Users: Supports multiple users (up to 40 users)
- Data Limitations: Higher data capacity, suitable for larger volumes of transactions.
- Scalability: Offers more advanced features for growing businesses
- Pricing: Higher cost due to advanced features and scalability
QuickBooks Premier Plus vs. Enterprise Comparison:
QuickBooks Premier Plus and QuickBooks Enterprise are two powerful accounting software solutions offered by Intuit. While both versions provide advanced features to streamline financial management, they are designed to meet the distinct needs of different businesses. Here’s a glimpse of what each product offers:
QuickBooks Premier Plus:
- Target Users: Small to medium-sized businesses with more complex needs than Pro
- Features: Industry-specific tools for manufacturing, contracting, nonprofits, and more
- Users: Supports up to 5 users
- Data Limitations: Moderately higher data capacity compared to Pro
- Scalability: Offers more specialized features for growing businesses in specific industries
- Pricing: Moderately higher cost compared to Pro Plus
QuickBooks Enterprise:
- Target Users: Medium to large businesses with advanced accounting and industry-specific
requirements - Features: Robust inventory management, advanced pricing tools, custom user roles, and more.
- Users: Supports a larger number of users (up to 40 users in some versions)
- Data Limitations: Substantially higher data capacity for large transaction volumes
- Scalability: Provides advanced features for businesses with high transaction loads and
specific needs - Pricing: Higher cost due to advanced features, industry-specific tools, and scalability
QuickBooks Pro Plus Vs. Premier Plus Comparison
Whether you’re a small business looking for essential functionality or require industry-specific features, QuickBooks Pro Plus and QuickBooks Premier Plus offer flexible solutions to streamline your financial processes and drive success.
To help you understand the differences between QuickBooks Pro Plus and QuickBooks Premier Plus, here’s a comparison table highlighting key features and functionalities:
QuickBooks Pro Plus:
- Target Users: Small businesses and freelancers with basic accounting needs
- Features: Core accounting functions like invoicing, expense tracking, basic reporting, and
integration with Microsoft Excel - Industry Specific: Not tailored to specific industries
- Users: Limited to 1 user
- Data Limitations: Limited data capacity
- Pricing: Generally lower cost compared to Premier Plus
QuickBooks Premier Plus:
- Target Users: Small to medium-sized businesses with more specific industry requirements
- Features: Industry-specific tools for manufacturing, contracting, nonprofits, and more
- Industry Specific: Offers features designed for specific industries
- Users: Supports up to 5 users
- Data Limitations: Moderately higher data capacity compared to Pro Plus
- Pricing: Moderately higher cost compared to Pro Plus
Factors to Consider When Selecting the Ideal QuickBooks Version
Choosing the right version of QuickBooks among Pro Plus, Premier Plus, and Enterprise requires careful consideration of several factors.
Here are the key points to keep in mind:
- Business Size and Complexity: QuickBooks Pro Plus is well-suited for small businesses with basic accounting needs. QuickBooks Premier Plus offers industry-specific editions tailored to businesses with more specialized requirements. QuickBooks Enterprise is designed for larger organizations with complex accounting needs.
- Industry-Specific Features: If your business operates in a specific industry, such as retail, manufacturing, non-profit, professional services, or contracting, QuickBooks Premier Plus and Enterprise equips businesses with industry-specific editions with features and reporting capabilities.
- User Limit: QuickBooks Pro Plus supports up to three concurrent users, while QuickBooks Premier Plus and Enterprise offer increased scalability, supporting up to five and 40 users, respectively.
- Reporting and Analysis: QuickBooks Pro Plus offers essential reporting functionality with a library of over 100 pre-built reports. QuickBooks Premier Plus expands on this with over 150 reports, including industry-specific options. QuickBooks Enterprise provides 200+ built-in reports by applying filters, adding or removing data points, or including custom fields to emphasize essential business metrics.
- Inventory Management: QuickBooks Pro Plus offers basic inventory tracking for quantities and values, suitable for simple inventory needs. QuickBooks Premier Plus comes up with more advanced inventory control, including purchase and sales orders, reorder points, and industry-specific options. QuickBooks Enterprise is best for larger businesses that need comprehensive inventory management with advanced features like serial/lot tracking, barcode scanning, and customizable pricing with complex inventory requirements
- Budget: QuickBooks Pro Plus has a lower price point, making it an affordable option for small businesses. QuickBooks Premier Plus and Enterprise are priced higher, reflecting their additional features and capabilities.
By carefully considering these factors and assessing your business’s specific needs, you can determine whether QuickBooks Pro Plus, QuickBooks Premier Plus, or QuickBooks Enterprise is the most suitable choice for your organization.
Still Confused? Our Experts Can Help You Out
QuickBooks Pro vs. Premier vs. Enterprise : The Bottom Line
Features of QuickBooks Desktop vary with the different versions. While QuickBooks Pro Plus is more of individual-oriented accounting software, QuickBooks Enterprise is designed to serve SMBs or accounting firms with up to 40 simultaneous users. QuickBooks Premier Plus suits businesses with up to 5 simultaneous users that need industry-specific features. It enables users to track bills, create customized charts and reports, manage inventory, use built-in templates, and more.
Ultimately, businesses that cannot decide whether to go for QB Plus, Premier Plus, or Enterprise must consider their specific accounting needs first. Plus, they need to check how those needs may increase in the future.
To leverage added features, many businesses have started hosting QuickBooks on the cloud that brings promising results for businesses willing to unleash the full potential of any of the QuickBooks versions. Anywhere, anytime access, cross-device compatibility, automated backups, data security, etc., to name a few.
At Ace Cloud, we bring over 14 years of unparalleled experience to the realm of QuickBooks hosting, offering a seamless and efficient solution that caters to a diverse range of industries and businesses of varying sizes.
To know more, call our Solutions Consultant at +1-855-270-6252.
People generally ask:
Q. What is the main difference between QuickBooks Pro Plus, Premier Plus, and
Enterprise?
- QuickBooks Pro Plus: Designed for small businesses with basic accounting needs, QuickBooks Pro Plus offers essential features like invoicing, expense tracking, and basic reporting.
- QuickBooks Premier Plus: Targeted toward businesses with industry-specific requirements, QuickBooks Premier Plus provides advanced features such as inventory management, job costing, and
industry-specific reports. - QuickBooks Enterprise: Geared towards larger businesses or those with complex accounting needs, QuickBooks Enterprise offers enhanced scalability, advanced inventory management, advanced pricing options, and more robust reporting capabilities.
Q. Can I upgrade from QuickBooks Pro Plus to Premier Plus or Enterprise?
Yes, it is possible to upgrade from QuickBooks Pro Plus to Premier Plus or Enterprise. Intuit provides a straightforward upgrade process, allowing you to access additional features and functionalities offered in the higher-tier versions.
Q. Are there any limitations on the number of users for each version?
Yes, QuickBooks Pro Plus supports up to three concurrent users, QuickBooks Premier Plus up to five concurrent users, and QuickBooks Enterprise offers advanced user management capabilities and can support up to 30 simultaneous users.
Q. Which version is suitable for businesses with industry-specific needs?
QuickBooks Premier Plus is designed to cater to industry-specific needs, offering specialized features and reports for industries such as manufacturing, non-profit organizations, contractors, and more.
- QuickBooks Pro Plus: Offers standard financial and basic reports, such as profit and loss statements and balance sheets.
- QuickBooks Premier Plus: Provides industry-specific reports and additional reporting options to analyze sales, expenses, and profitability.
- QuickBooks Enterprise: Includes the most extensive reporting features, allowing for more advanced customization, filtering, and analyzing of financial data.
Q. Is there a maximum company file size limit for each version?
QuickBooks Pro Plus and Premier Plus: Have a company file size limit of up to 150 MB. QuickBooks Enterprise: Supports much larger company files, allowing for significantly higher data capacity.
Q. Are there differences in pricing between QuickBooks Pro Plus, Premier Plus, and Enterprise?
Yes, the pricing structure varies for each version, with QuickBooks Enterprise being the most expensive due to its advanced features and scalability. The cost increases as you move from Pro Plus to Premier Plus and then to Enterprise.
Q. Can I customize the interface and workflows in all three versions?
Yes, all three versions of QuickBooks (Pro Plus, Premier Plus, and Enterprise) offer customization options, allowing you to tailor the software to your business preferences and needs.
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Comments (1)
Undoubtedly, enterprise has more sophisticated inventory tracking reporting and related features. Also, it offers more advanced role-based specific user permission authority.
The feature that enables to import data from third-party apps such as Outlook, Excel and Quicken streamlined accounts operation which played a critical role in functioning of my business.
This post simplified the process of choosing the best suitable version for my accounting process. Amazing new features such as print labels, filtered reports has helped to simplify many of my accounting operations.
One of the best feature — Batch deletion possible for bills, checks and invoices simplified billing process to a significant extent. Also, many other features are advantageous over other versions which aid in simplifying in time many of the accounting needs.
I liked the Price level management feature the most as it lets you control, customize and automate your pricing right within QuickBooks. The hassle associated with manually updation are over. It helps to manage price rules your way.