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QuickBooks Desktop Pro Plus vs. Premier Plus - NerdWallet. 

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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. Here is a list of our partners and here's how we make money. QuickBooks Desktop Pro Plus and Premier Plus are both powerful accounting software solutions that you purchase annually and install locally.

Annual subscription prices rise as you add on more users. Better for. Businesses that would significantly benefit from industry-specific features or forecasting tools. Maximum number of users. Ease of sharing with accountants. After the accountant makes their changes, the user must import the file.

Users can upgrade to Premier Plus for industry-specific features or Enterprise to access more than reports, advanced inventory and the ability to add up to 40 users. Users can upgrade to Enterprise to access more than reports, advanced inventory and the ability to add up to 40 users. Ease of use. Oversee inventory round-the-clock. Ensure data recovery during downtimes. What is the difference between QuickBooks Pro and Premier?

Reports generation and tracking. Creating financial reports on what is QuickBooks pro, QuickBooks premier edition, is a breeze, except that more industry-specific reports and up can be generated when small business owners subscribe to Premier. See below for price comparison: To compare QuickBooks desktop versions both the Pro and Premier are fairly priced, given what they each offer.

Industry-specific capabilities. QuickBooks Premier features tailor-made in-app solutions that help businesses to better manage and track their inventory, and create reports that fit the following industry-specific niches in particular: General contractors QuickBooks Premier allows contractors to create reports per vendor to monitor expenses and see which vendors need to be paid. Manufacturing and wholesale Businesses in this sector can use QuickBooks Premier to track inventory at a more comprehensive level.

Not-for-profit organizations Through QuickBooks Premier, users can monitor who the biggest donors are and quickly create donation statements by the end of the year.

Retail QuickBooks Premier offers sales summaries, inventory reports, and profit-and-loss analyses to its users. Professional Services Freelancers can take advantage of QuickBooks Premier to see which clients need to send their payments, set different billing rates according to client, project, or service provided, and analyze profitability reports.

What is the difference between QuickBooks Pro and pro plus? Can you upgrade from QuickBooks Pro to Premier? Can you downgrade from QuickBooks Premier to Pro? This is QuickBooks desktop version comparison. The features include: Automatic categorizing of bank transactions using better guidelines and batch editing Automated recurring statements to various customer groups Integration of brand logo as well as custom formatting on invoices and receipts New customer management tools that allow users to automatically update its customer groups according to location, payment balance, or status.

Ready for an Upgrade? QuickBooks Enterprise contains all the robust features of Premier, plus more: Receipt organization. Priority Circle Loyalty Program. Barcode scanning. Warehouse workers can easily scan product barcodes for real-time updating of inventory and tracking of sales orders. End-to-end sales workflow. Using QuickBooks Enterprise, business owners can oversee the entire sales workflow from the central dashboard.

They can also fill out and print shipping labels, and send items to a picker or packer. Up to 30 users. Imagine how many reports can be generated when 30 people are using the Enterprise platform simultaneously. More than pre-set report templates. Users can either choose among hundreds of report templates or generate their own using Enterprise.

Customized access. Since 30 people can access a single Quickbooks Enterprise account, business owners can nominate pre-set user roles and permissions. The access is also customizable, so not all Enterprise users with access to the same account can see the same set of sensitive financial data.

QuickBooks Pro manages all contractor payments, including total payments for the year. You can also manage and pay contractors in QuickBooks Pro, including the ability to create year-end s.

All of the QuickBooks essentials found in QuickBooks Pro are also available in QuickBooks Premier, along with some notable features and functions not currently available in QuickBooks Pro, including the following:. Forecasting: QuickBooks Premier offers excellent forecasting capability, with users able to create forecasts from scratch.

QuickBooks Premier offers excellent forecasting capability. Industry-specific features: QuickBooks Premier offers the following industry-specific editions:. The Nonprofit edition of QuickBooks Premier offers donation management. In addition, QuickBooks Premier also offers a reversing journal entry option and includes more than industry-specific reports.

QuickBooks Desktop pricing has changed for , with Intuit turning to a subscription model for its desktop products. You will still be able to purchase the application without a subscription, albeit with a significant increase in price.

Intuit recently made the switch to subscription pricing for its desktop applications, which are now branded as Plus plans. QuickBooks Pro is available with or without payroll. QuickBooks Premier Plus is available with or without payroll. The inventory feature in QuickBooks Pro is more than sufficient if you only sell a few items or need basic inventory tracking capability. QuickBooks Pro offers terrific invoicing options, but does not include a sales order option.

If you sell or manufacture products, QuickBooks Premier is by far the best choice. You can view subtotals of your unbilled time and expenses for each customer, filter the list by date, and select which customers to bill.

Balance Sheet by Class Report. Previous Reconciliation Reports , unlimited history of previous reports from reconciliations. QuickBooks Pro will only have the last report reconciled. Multiple Units of Measure , so you can buy by the dozen and sell by the unit, for example.

Job Costing Center , one worksheet to review all Job Costing related functions. Only available when installed as Contractor Edition. Batch Delete Transactions: This feature lets you delete or void transactions Invoices, Checks, Bills, and Sales Orders in a batch Batch Reclassify Transactions to reclassify the account wrongly categorized transactions in batch, also reclassify classes in batch as well Create Period copy great for audits with limited time periods.

Work with 2 files simultaneously. Accountants and users keep track of all notes. Also monthly subscriptions available at discounted rates Consolidate multiple QuickBooks files to create a combined report in excel More Custom fields , and the ability to create drop-down custom fields to restrict the user to specific data entry choices.

Unlimited names and items. Pros and Premier are normally limited at 14, Designed for larger data file sizes and network. Works faster over multiple users in a network. US-Based Tech support included with annual subscription Ability to open 2 company files simultaneously Ability to consolidate 2 or more company files into one consolidated financial statement Shortage Report for inventory assemblies missing components Enhanced Inventory Receiving: Separates the receiving process from the accounts payable process, which is great to maintain separation of the receipt date of inventory from the bill date.