QuickBooks Premier is an on-premise accounting solution that enables users to prints checks, pay bills and track expenses. The solution offers features including sales tracking, customer payment processing, payroll management, payroll taxes, invoice creation, job costing, purchase order management, transaction monitoring, inventory tracking and more. To cater to industry specific needs, QuickBooks Premier has five editions: Contractor, Nonprofit, Retail, Manufacturing and Wholesale and Professional Services.
QuickBooks Premier accounting software includes pre-built reports, customized terminology and navigators for each industry. Organizations can control access to information by implementing individual user permissions and track expenses by client, project, service and employee. Users can import contacts and other accounting data from Excel to QuickBooks. Accounting professionals, as well as inexperienced business owners, can use QuickBooks Premier to set up recurring invoices, track their balance sheet by class, track inventory items, create job estimates and more.
Some of QuickBooks' Premier-only features include creating a forecast, creating a business plan, an analysis tool, remote access, tracking inventory assemblies and sales order reports. Services are offered on a one-time payment or annual subscription basis for the specific number of users. Support is available via online training classes and live chat.
Karla G. Branche: Buchhaltung Mitarbeiteranzahl: 2-10 Mitarbeiter
I have used this for many, many years and still like it a lot. But I don't know how long desktop solutions will be around given the stampede to cloud-based subscription software.
You are not dependent on internet to make use of it, and as it has developed over the years it has many easy to use features, and special accountant tools. I like the desktop data flow reminder for clients to help them understand how to use the product. Each year they release a new version with new or improved features, and there are regular maintenance releases. You can choose one of the industry specific versions of QB Premier that best meets the needs of your business. Setting up a company file can be very easy if you know what you are doing.
This is a desktop software that you have to replace with updated versions. After 3 years you no longer are able to get support or updates (each May a year gets "sunsetted") though it will still work. It is not easy to work with your accountant without sending files unless you pay for a hosting solution. Naturally, if you don't have it backed up frequently away from your local computer, you can lose your data in a crash and may not be able to recover it. Bank feeds for automated data entry usually incur bank charges, which is not true in QuickBooks Online.
Chris L. Branche: Elektrische/elektronische Fertigung
Ease of use, and very quick to learn. This version allows up to 5 concurrent users.
The audit trail and stock reports are very user friendly with plenty of filters. Expect a very quick turnaround training new staff and getting them up to speed, as the interface and functionality is hard not to grasp.
Since this is the premier version, I was not assigned an account rep. There is also a toll free line overseas for any technical/database bug issues.
I did like the support for merchant services and the support given for if we were to upgrade. The only real (noticeable) difference between this and the enterprise version is slightly less options for role centre "customization" and being capped at 5 concurrent users.
In the Canadian version, plugging in to SQL server is the way to go in order to obtain custom reports.
The role centers "handcuff" users to certain roles. When it comes to the general ledger, the "all-or-nothing" functionality doesn't allow the controller to shut off access to certain parts of the financials. Ideally, the controller should be able to define a role center to allow posting/viewing in certain account groups and not to others.
Inability to approve and subsequently lock down POs and SOs. Once a PO/SO gets issued, a user with basic access can always change unit costs and quantities. This hinders the business' scaleability.
The Canadian version no longer allows the user to compress the data file in previous periods. This may be frustrating for companies who rely on lengthy journal entries, as the database file size will exponentially grow.
If you are a job shop (or project-based company), do not expect much in terms of job-cost reporting. The software is limited to populating a customer field when posting an expense. You will have to manually set up jobs as customers and instruct staff to classify expenses under the proper subgroup.
If trying to decide between Quickbooks Premier and Enterprise, the only thing to consider is the number of concurrent users you will need. If you have a team of 10 using the software but only 5 log in at once, save $$$ and go with premier.
Steve S. Branche: Buchhaltung Mitarbeiteranzahl: 2-10 Mitarbeiter
Regardless of any deficiency it is still the unquestionable leader in accounting software for small and medium sized businesses.
It's very easy to navigate. It performs just about any function needed for proper accounting and bookkeeping.
Customer service is near impossible to contact. The company uses a "community" of other users rather than provide its own staff to field inquiries and resolve issues. Much cheaper but responses are not always prompt and/or accurate.
Michael C. Mitarbeiteranzahl: Selbstständig
The premier versions are basically the SAME as the basic versions but adds industry specific features.
The Accountant's version is the best, though priciest, version.
Same functionality/features as QB Desktop but adds some specific industry features.
The best version is the Accountant's version which has many of the industry features (switch to different industries formats).
Same as the QB desktop version previously previewed.
Intuit is making the software obsolete ~3 years as it's dropping support and updates.
The price is MORE expensive than the basis versions.
People STILL NEED to learn how to use QB Desktop regardless of the version to avoid many issues caused by the Users themselves.
AVOID the payroll subscription and hire an external payroll company esp. if there's lots of benefits involved!
Can NOT read QB files from the previous version and MUST upgrade them to the current version so be Careful If the client WANTS the accountant's copy back!
Michael C. Mitarbeiteranzahl: Selbstständig
Quickbooks (QB) Premier is the top line version of QB and has many industries that it customized for.
Sometimes you can buy one then select your industry in which you'll be lock in or buy the specific one for your industry.
It's also the most expensive version of QB.
The accountant edition is the Top line version and has access to all industries but it doesn't necessarily work that well when switching between industries.
People using the 'cash basis' will find QB easy to use. Once you use the 'accrual' method along with invoicing, things get messy VERY EASILY!
PEOPLE MUST LEARN HOW TO USE QB PROPERLY BUT DO NOT!! THE FAULT OF A MESSY QB FILE IS THE OWNER(S), NOT THE BOOKKEEPER/ACCOUNTANT! PAY SOMEONE TO FIX YOUR QB FILE IF POSSIBLE!
Payroll module is available at an cost but it's NOT very good. Outsource to an external payroll company for payroll instead!
When people say that they only use QB to track their expenses/income like a check book but DO NOT use it for anything else, then there's TROUBLE!
Relatively simple to use, though users MUST LEARN how to use QB PROPERLY!!
Ready made Generic reports
Garbage in, garbage out! Don't blame software when MAJORITY of mistakes are done by Users NOT KNOWING WHAT THEY WERE DOING!!
MUST learn to use the software properly!
Software support/life has been reduced to ~3 yr cycle.
Online bank feeds don't work 100% so must pay attention to what is (not) imported from online banking account!
Many features are BURIED within menus and submenus!!
Client files are ONLY compatible with the previous yr's version instead of ALL Years versions (i.e. 2017 file may be opened in 2016 but not any older year versions) like it used to be YEARS ago!
Compacting files do NOT work well as it screws up the beginning balance after it compacted and many client accounts are messed up as well. Need this feature to remove MANY Years worth of OLD financial data!
Payroll module is available at an additional cost with an ANNUAL fee!