Difference Between QuickBooks Pro, Premier, and Enterprise

Looking for QuickBooks Hosting Solutions – Try 7 Day Free Hosting Trial

A Brief on QuickBooks Pro, Premier, and Enterprise

What is QuickBooks Pro?

QuickBooks Pro is the most basic version of QuickBooks and it includes everything that businesses need for basic transactions, including invoicing, accounts receivable collection, and sales tax calculations. It also consists of a few other features like inventory management which enable businesses to manage their inventory better. QuickBooks Pro is the best choice for companies that have up to three employees working on it at any given time, as it won’t require many overhead costs compared to other QB editions.

QB Pro comprises various features like transaction monitoring, tracking unpaid bills, creating customized reports, and more. It enables users to develop rule-based customer groups to automate updates and management processes. Furthermore, QB Pro is one of the most affordable accounting software for SMBs in the market.

Get QuickBooks Pro license at discounted rates today.

Don’t want to purchase QuickBooks Pro license? Chat with our Solutions Consultant for leasing options.

What is QuickBooks Premier? 

QuickBooks Premier is an ideal option if you’re a small business with up to five users. It has many of the features of Enterprise, but without any extra costs or subscriptions. If your company wants to handle payroll and other financial tasks, Premier is an excellent choice to track your finances.

QB Premier also offers more flexibility in how it handles invoicing. Instead of having one invoice template as part of their billing system (and having users manually input each customer monthly), Premier allows users to create multiple invoices per customer each month. For example, if one customer pays twice within 30 days, you only pay once instead of twice!

One of QuickBooks Premier’s significant advantages are its industry-specific features. There are five versions of QuickBooks Premier that include retail, manufacturing and wholesale, nonprofit, professional service, and contractors. These tailor-made editions further offer the ability to track bills, create customized charts and reports, manage inventory, use built-in templates, and more.

Get genuine QuickBooks Premier license from an Intuit Authorized Provider.

You can also contact our Solution Consultants to lease QuickBooks license.

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.

In addition to the above, QB Enterprise offers a lot of features that help businesses manage their accounting processes, including:

• 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. This reduces errors and makes tracking employee hours/payroll deductions by the department easier.

Furthermore, QuickBooks Enterprise offers extensive features to support large enterprises and businesses. It can manage up to 100,000 inventory items and is available in four models- Silver, Gold, Platinum, and Diamond.

Buy QuickBooks Enterprise license at a discounted price.

Difference Between QuickBooks Pro and Enterprise

One of the significant differences between QuickBooks Pro and Enterprise is functionality. On the one hand, QB Pro 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 vs. Enterprise Comparison: Features

QuickBooks Premier vs. Enterprise Comparison: Features

ACE is a QuickBooks Solutions Provider program member that offers businesses genuine QuickBooks licenses for all the versions.   

To know more, call our Solutions Consultant at +1-855-270-6252. 

FAQs:

Q. What is the main difference between QuickBooks Pro, Premier, and Enterprise?

QuickBooks Pro: Designed for small businesses with basic accounting needs, QuickBooks Pro offers essential features like invoicing, expense tracking, and basic reporting.

QuickBooks Premier: Targeted towards businesses with industry-specific requirements, QuickBooks Premier 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 to Premier or Enterprise?

Yes, it is possible to upgrade from QuickBooks Pro to Premier 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?

QuickBooks Pro: Supports up to three concurrent users.

QuickBooks Premier: Supports up to five concurrent users.

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 is designed to cater to industry-specific needs, offering specialized features and reports for industries such as manufacturing, nonprofit organizations, contractors, and more.

QuickBooks Pro: Offers standard financial and basic reports, such as profit and loss statements and balance sheets.

QuickBooks Premier: 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 and Premier: 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, Premier, 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 to Premier and then to Enterprise.

Q. Can I customize the interface and workflows in all three versions?

Yes, all three versions of QuickBooks (Pro, Premier, and Enterprise) offer customization options to some extent, allowing you to tailor the software to your business preferences and needs.