Update: This article was last updated on 21st June 2021 to reflect the accuracy and up-to-date information on the page.
Accounting software plays a critical role in supporting the functioning of businesses. QuickBooks has several advantages over the others in assisting small, medium, and enterprise businesses with accounting needs in a market flushed with many options.
Most accounting professionals and businesses understand that QuickBooks Desktop accounting software makes a smart choice for them. However, the confusion with various versions leaves them without a real solution.
Let’s have a quick glance at the three versions of QuickBooks.
In the table below, we compare the various versions of QuickBooks Desktop for Windows: Pro, Premier, and Enterprise.
|Max. Number of Users||3||5||4030|
|Data File Size Upto||150-200 MB||150-200 MB||1 GB|
|Price (Starting From)||$399.99||$649.99||$892.50|
|Capability to Run Reports||100+||150+||200+|
|Automate or Customize Prices within QuickBooks||No||No||Available|
|Individual User Permission||Yes||Yes||Yes, with more advanced options|
|Card Payment Accepted||Yes||Yes||Preferred Rate|
|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|
|Fixed Asset Tracking & Manager||No||Limited to Accountants Only||Yes|
|Predefined User Roles (14 in number)||No||No||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|
|Bin Location Tracking||No||No||Yes|
|Bar Code Capabilities Without Add-on||No||No||Yes|
Here are summaries of three QuickBooks variants:
QuickBooks Pro – This version of QuickBooks caters to small businesses with up to 3 users. The two variants available – Pro and Pro Plus can help accounting professionals to organize their accounting, expenses and maximize tax deductions, among others.
It comprises features like monitoring transactions, tracking unpaid bills, creating customized reports, and more. QuickBooks Pro also offers the option to create rule-based customer groups that can automate the updates and management process. Furthermore, it is one of the most affordable accounting software for SMBs in the market.
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QuickBooks Premier – It is suitable for small and mid-sized organizations with up to 5 users. With QuickBooks Premier, the businesses can easily track the inventory items, manage the balance sheets, and categorize the financial data by departments, location, among others.
One of the stand-out points of QuickBooks Premier is that it offers 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.
QuickBooks Enterprise – With up to 40 active users, QuickBooks Enterprise serves a wide range of industries from contractor, non-profits, and retail to manufacturing and wholesale. Business owners can set roles and permissions for each user according to their process and create advanced reports.
It offers extensive set of features to support large enterprise and businesses. QuickBooks Enterprise has the capacity to manage up to 100,000 inventory items. Furthermore, it is available in four models- Silver, Gold, Platinum, and Diamond.
Buy QuickBooks Enterprise license at a discounted price.
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Features of QuickBooks Desktop vary with the different versions. Generally speaking, QuickBooks Pro is more of individual-oriented accounting software, and QuickBooks Enterprise means to serve the SMBs or accounting firms while QuickBooks Premier serves those lying in the middle range.
Even after choosing the appropriate QuickBooks version, there are certain tasks related to your business process that need to be completed. It is recommended to find suitable add-ons for the accounting requirements to help the users with such issues.
Moreover, hosting QuickBooks on the cloud can also optimize your process with various features such as automated backups, anytime, anywhere access, device independence, etc.
Check out Ace Cloud Hosting to know more about how you can streamline your tasks with QuickBooks.
ACE is a member of the QuickBooks Solutions Provider Program. We offer you genuine QuickBooks licenses for all the versions.
To know more, call our Solutions Consultant at 855-223-4887.
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