Considering that you have a small business to run and want to manage your payroll, inventory, sales and other elements of your business then you can go for QuickBooks Pro. QuickBook Pro is the very basic edition of QuickBooks desktop and is meant to meet the simple demands of day-to-day accounting operations. You can also leverage the benefits of merchant service features, marketing tools, product/supply tools and training solutions for your employees. The benefits and features that QuickBooks Pro has to offer are the backbone of accounting that intends to make accounting simpler and easier. Also, you can generate around one hundred customized reports pertaining to sales, tax, finances and more with QuickBooks Pro.
By the time your business will grow and reach its expansion stage, the accounting needs will grow more complex and hence, would require an upgrade from QuickBooks Pro to QuickBooks Premier. One of the best things about QuickBooks products is that you don’t have to be a pro in QuickBooks Pro to learn QuickBooks Premier i.e. you can straight away buy QuickBooks Premier and learn it easily without having a prior accounting knowledge. Let us explore what features make QuickBooks Premier carve a niche for itself. First of all, it offers industry-specific editions where as QuickBooks Pro is a product meant for general use. Then you may want to avail the numerous perks of the business planner feature of QuickBooks Premier which is unique to this edition. It gives you the ability to plan for your business in a complete and comprehensive way. It also offers more than one hundred and fifty customizable reports. Above of all, the data can be graphed.
The source of confusion between both the products is the similarities between them. First of all both programs are from the same company, Intuit designed to serve the accounting needs of varied sized businesses. Simultaneously, both programs assist the businesses in their day-to-day management of their finances. These similarities confuse people and make them wonder that they are going for the same product.
Below mentioned table is to help you clear out the differences between QuickBooks Pro and QuickBooks Premier:
|Max. Number of Users||3||5|
|Data File Size Upto||150-200 MB||150-200 MB|
|Automate or Customize Prices within QuickBooks||No||No|
|Individual User Permission||Yes||Yes|
|Card Payment Accepted||Yes||Yes|
|Anytime, Anywhere Acess||With Hosting Service||With Hosting Service|
|Create Business Plan||No||Yes|
|Create Reports with QuickBooks Statement Writer||No||Limited to Accountants Only|
|Fixed Asset Tracking & Manager||No||Limited to Accountants Only|
|Predefined User Roles (14 in number)||No||No|
|Work on Multiple Company Files Simutaneously||No||Limited to Accountants Only|
|Create Purchase Orders||Yes||Yes|
|Import Data from Third-party Apps such as Excel, Outlook, Quicken||Yes||Yes|
|International Sales Tracking||Yes||Yes|
|Multiple Currency Expense Tracking||Yes||Yes|
|Bin Location Tracking||No||No|
|Bar Code Capabilities Without Add-on||No||No|
We hope this blog was useful in clearing out the differences between QuickBooks Pro and QuickBooks Premier. However, if you are still not satisfied then you may consult our experts on 1-800-945-0645.