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Quickbooks Pro vs Premier

Quickbooks Pro vs PremierDoes anyone have experience with Quickbooks Pro vs Premier? We use Pro and were thinking of upgrading, but it seems expensive for the better reports, budgeting, forecasting, etc. Or, maybe something else altogether would be better. We have a small chain of self-storage facilities.

Answers

(Agent, JKS Solutions, Inc.) |

If you are worried about the cost of your accounting system software then you are not worried about the cost of lack of information and ease of processing. That is my philosophical comment.

If you have multiple locations then you should consider QuickBooks Online and/or Quickbooks Enterprise Solutions. Use the Chrome browser as QBO is meant to work best with Chrome.

Many small companies are opting to move over to QBO Plus because of the features it has that the desktop versions do not.

There are many apps that integrate with QBO that will lead to fuller featured experience than the desktop version and you can still get the full value out of Bill.com to elimate most of the AP coding hassles.

Advanced inventory can be added with the app called SOSInventory, see sosinventory.com (can do fifo, lifo, avg cost).

If you manufacture QBO might not be right for you. There are still industry verticals that desktop or enterprise serve better than the online version.

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Title: Associate Editor
Company: Proformative
(Associate Editor, Proformative) |

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Title: Technical Support Expert
Company: QuickBooks Premier Support
(Technical Support Expert, QuickBooks Premier Support) |

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Holly RobertsDunn
Title: Controller
Company: Roadtrip Nation
(Controller, Roadtrip Nation) |

I don't think there is a huge difference between pro and premier. Are there specific reports your are looking for?
In my opinion Quick Books is only viable for a one man accounting department. As soon as you have more than one person the issue of deleting transactions is always an question in my mind. It seems that everyone is moving to the cloud these days. I would suggest that you look at Sage software products and Net Suite.

Topic Expert
Christie Jahn
Title: CFO
Company: Prime Investments & Development
(CFO, Prime Investments & Development) |

There is an audit report where you can see what JEs have been deleted by which user. It helps if you have multi users.

Mark Woollgar
Title: Partner
Company: Adams Woollgar Financial Services LLC
(Partner, Adams Woollgar Financial Services LLC) |

I am a QuickBooks ProAdvisor (amongst others). There are a fair bit of differences between the two. The reasons for picking Premier over Pro are:
- Build inventory Assemblies
- Create & track sales orders and backorders
- Track current availability and not just quantity on hand
- Use price levels based on "per item" prices
- Create sales orders or purchase orders from estimates
- Create Bill of Materials for inventory assemblies
- Billing rate levels
- View unbilled Time & expenses from one window
- View or Print past bank reconciliations (this in my view is a critical requirement)
- Export report templates
- Forecasting, business planning (still not great at all)
- Convert units of measure
- Easily create reversing Journal Entries (very important)

For the increased functionality and lists I normally try get QB clients onto Premier - it just makes our life easier (in 2 hours or less you have saved the cost differential).

Intuit has released an updated QB Online 2013 that I have not looked at yet (my partner has some clients on it) but as of 6 months ago (2012) it was just not good enough to do any power stuff. The sheer clunkiness of the system was just too frustrating for all.

Other solutions mentioned include SAGE or NetSuite but these are significantly more expensive. Recent client experiences NetSuite $100k - $150k and SAGE is $25-$50k. Intacct is cheaper but has no manufacturing capacity.

If price is really a concern then look to FreshBooks or similar for plain vanilla, invoice/AR/AP activities.

(Agent, JKS Solutions, Inc.) |

Sometimes its important to a business to have the same look and feel of their accounting system as they upgrade and Quickbooks does a wonderful job of maintaining the user experience to reduce training costs. It is natural to move from pro to premier.

QB is great, its just now we are at a technology crossroads and there are so many more options available.

Efficiency is the name of the game. Even if you are one person you can still achieve great control and efficiency. One of the little discussed benefits of the cloud is integration of several low cost amazing apps that essentially put your accounting on remote control.

If you are using Pro now but you want to see if there are greater reporting capabilities, you might want to look at Xero, which is a cloud based Single-Ledger accounting system, priced below QBO with some very nice apps that extend the functionality.

Intacct is a great single-ledger style accounting experience offering the prospects of outsourcing your full accounting department to a Client Accounting Services provider. Intacct is able to scale to enterprise level.

I would be happy to discuss more, offer you access to various contacts if that is your desire. I would love to introduce you to the options. Besides it would be good practice for me as I build my own value proposition in my business also.

Rochelle Johnston
Title: President, CFO
Company: Cavalier Mills, Inc.
(President, CFO, Cavalier Mills, Inc.) |

Thanks for the analysis Mark and Valerie. My business has grown and I have moved from pro to premiere (after a 6 month foray into SAGE).
The main advantage to me was, as Valerie said, the sameness of the system from one level to the next. You never have to learn something completely new, you just add on features and capabilities. It is quick and easy to move up.
I am very happy and feel very much in control. I use the system with my operations manager.

Ken Stumder
Title: Finance Director / Controller
Company: Ken Stumder, CPA
(Finance Director / Controller, Ken Stumder, CPA) |

We use Intacct and find that it was a necessary step forward from Quickbooks, however we were on the one user Pro version so I cannot speak to how Premier or QBO compare.

I think Valerie highlights a good point - nowadays there are a lot of apps that integrate with your base ERM system to achieve the desired results. If maintaining the look and feel of QB is what you want, stay with QB. One of the deciding factors in going with Intacct was it's off the shelf integration with our CRM system and revrec automated off of the invoicing.

I think any system decision should focus on the core/critical processes you require and then expand outward from there.

In Intacct's user community there are aspects of QB that users pine for. I'll give you an example - combining vendor records under one name and retaining the full history under the surviving name. I think you could do this with G/L accounts too. That was handy, and you have to give QB major points for ease-of-use. It took me 6 months to feel comfortable using SAP. It took me less than 3 weeks to feel comfortable using QB!

Topic Expert
Jaime Campbell
Title: Chief Financial Officer
Company: Tier One Services, LLC
(Chief Financial Officer, Tier One Services, LLC) |

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Paul Alcazar
Title: CFO / COO
Company: Oliva Cigar Company
(CFO / COO, Oliva Cigar Company) |

On the manufacturing side, may want to look into FishBowl Inventory out of Provo UT, which was designed to integrate with the US version of QB ... not sure if that includes Enterprise.

Marlon Rizo
Title: Sr. Accountant
Company: Whetstone Holdings, LLC
(Sr. Accountant, Whetstone Holdings, LLC) |

I have to disagree with the comment on QBO. It lacks a lot of features that the desktop version has. The only convenience is to have the ability to access it anywhere there is an internet connection. When a corporation like Intuit insists in moving its customers to QBO, is because paying that monthly fee is more profitable than upgrading every two or three years with the desktop version. Besides, there are options for accessing your data online without this cost and lack of features.

(Agent, JKS Solutions, Inc.) |

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Company: QuickBooks Customer Support Phone Number
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Title: Controller
Company: South Shore YMCA
(Controller, South Shore YMCA) |

Hello all
I have recently retired from my full time position
In order to seek part time work for work life balance.

Having been involved for most of my career with small to midsize companies it seems QuickBooks is extremely useful to learn especially if I seek my own clients.

Does anyone have a recommendation of QuickBooks desktop versus QuickBooks online?
Basically what are most small and midsize companies using when they choose QuickBooks?

Thanks for your responses!
Kathleen

Kundan Lal
Title: Accounting & Finance Consultant
Company: Real Time Cloud Services, LLC
(Accounting & Finance Consultant, Real Time Cloud Services, LLC) |

There are three significant difference between QuickBooks Pro and premier

1) QuickBooks pro supports 3 users, and QuickBooks Premier supports 5 users.
2) QuickBooks Premier offers multiple industry-specific versions while the pro version does not.
3) QuickBooks Premier has better reporting, especially for inventory and contracting purposes.

On the other hand, QuickBooks premier is expensive as compared to QuickBooks Pro. If you feel that these differences are worth the money you pay, you should move to QuickBooks premier, but if not, you should stay back to QuickBooks Pro.

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Title: SEO
Company: Airline Tickets Best Price
(SEO, Airline Tickets Best Price) |

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Jennifer Thomas
Title: Accountant
Company: Sagenext Infotech LLC
(Accountant, Sagenext Infotech LLC) |

I think Quickbooks is one of the best accounting software whether you have a small or mid-size business. It is quite difficult to make a choice and find out which one is good because all versions QuickBooks are easy to use and user-friendly.

QuickBooks Pro offers you the basics of accounting processes, but Quickbooks premier offers everything that pro has along with additional features specific to industries such as Retail, Non-Profit, Manufacturing, Contractor and Construction.

A QuickBooks Pro offers the following features.

1) Three simultaneous users in a data file
2) Receivables and revenue: invoices, credit memos, statements, sales receipts, receive payments, estimate to invoice
3) Payables and expenditures: purchase orders, item receipts, pay bills
4) Job costing
5) Inventory part tracking
6) Time and mileage tracking
7) Banking activities: deposits, checks, credit card charges, credits, bank charges, interest, paychecks, online banking, bank reconciliation
8) Collect and pay sales tax
9) Multiple currencies
10) Price levels as fixed percentages
11) Reports like budgets, operational reporting, and financial reporting
12) Print/e-file 1099s

QuickBooks Premier offers the following features that Pro doesn’t.

1) Five simultaneous users in a data file
2) Sales orders/backorder tracking, current availability tracking, sales order to PO to invoice
Unit of measure, build assembly, inventory center
3) Job costing: estimate to PO, change order tracking, view unbilled time and expense from one window, batch invoice time and expense
4) Reporting: balance sheet by class, previous reconciliation reports, forecasting, business planner, industry-specific reporting
5) Per item price levels
6) Billing rate levels
7) Reversing journal entries
8) Filter sales order and purchase order reports based on current availability
9) Closing date exception report

Read the blog to know more the advantages of QuickBooks Premier

https://www.thesagenext.com/blog/advantages-of-quickbooks-premier-hosting/

Saurabh Kumar
Title: Content writer
Company: Cloudwalks
(Content writer, Cloudwalks) |

You should know that if you are running a small business and finding it very necessary to move to Premier one because of your increasing need then you should do so without worrying about the cost. Pro is surely the basic version of QB and it can fulfill the needs of a startup but with growth, you will have to shift to the QB Premier because it is built to deal with the books of a growing small business. There are many features that are available in QB Premier and are not available in QB Pro and this is why in order to harness the advantage of more accounting features, you can move to Premier without any second thought. If you want more information regarding business plan for QuickBooks hosting then you should read this informative blog

https://www.cloudwalks.com/blog/how-to-build-the-perfect-quickbooks-hosting-plan-for-your-business

jorje Billi
Title: SEO
Company: Airline Tickets Best Price
(SEO, Airline Tickets Best Price) |

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jorje Billi
Title: SEO
Company: Airline Tickets Best Price
(SEO, Airline Tickets Best Price) |

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Southwest Airlines
Title: Airline Tickets
Company: Flight Reservations
(Airline Tickets, Flight Reservations) |

To book Southwest Airlines Flights from the Southwest Airlines Reservations Official Site with the best deals for your favorite destinations, call us now.
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jorje Billi
Title: SEO
Company: Airline Tickets Best Price
(SEO, Airline Tickets Best Price) |

Nice post thank's for sharingt his information. it is really helpfull for us.
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jorje Billi
Title: SEO
Company: Airline Tickets Best Price
(SEO, Airline Tickets Best Price) |

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Title: norton login
Company: norton login
(norton login, norton login) |

Are you facing trouble while signing in to your Norton account? It’s common; users often face norton login issues and cannot access their accounts. Norton Antivirus Security products not only secure your system and business but also provide you time to concentrate on your priorities.

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Title: Flights Reservation
Company: JetBlue Airlines
(Flights Reservation, JetBlue Airlines) |

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Title: seo executive
Company: seo agency
(seo executive, seo agency) |

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United Airlines
Title: Airline
Company: Flight Reservations
(Airline, Flight Reservations) |

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Title: seo executive
Company: seo agency
(seo executive, seo agency) |

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oliviasophie sophie
Title: Executive
Company: https://onlinereservationbooking.com/
(Executive, https://onlinereservationbooking.com/) |

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