If we draw a general comparison, QuickBooks Premier satisfies the robust accounting needs, whereas QuickBooks Pro leaves you with the simple accounting features.QuickBooks Premier Plus – Annual Subscription price is $499.95 per user.QuickBooks Premier – The current QuickBooks Premier 2020 one-time purchase price is $499.95 per user.Like QuickBooks Pro, this Premier version also comes with two pricing options: General Business: It includes an advanced inventory management feature.General Contractor: It offers Job estimates, Job costing, and Job profitability analysis.Professional Services: It offers expanded billing rate options, tracking of unbilled time and expenses, analysis of profit by client.Manufacturing & Wholesale: Tracks profitability by product and manages sales order.Nonprofit: It creates donor reporting and manages nonprofit workflows.Here’s a glance at the QuickBooks Premier industry version features: Job Costing Center: This feature allows you to review time spent, income, and expenses for each job.With this, you can also track each item of inventory and non-inventory material used to create the products you are selling. Inventory Assembly: The Inventory Assembly feature allows you to combine inventory pieces and labor to produce a new inventory item.Change Unit of Measure: You can get multiple unit measurement options to buy and sell inventory.Balance Sheet Tracking: Companies can follow their balance sheets according to the location, department, and Profit Center.Record Sales Order: With QB Premier, companies can track inventory, record sales orders, and create invoices.Create Purchase Orders : The information collected related to orders can be stored and sent to your supplier.Select an Industry-specific Edition: There are five industry-specific editions: nonprofit, manufacturing and wholesale, professional services, construction, and retail businesses.There are different variants of QuickBooks Premier, which are tailor-made to serve businesses within specific industries. QuickBooks Premier offers more extensive features than Pro and caters up to 5 users. ![]() QuickBooks Pro Plus– Priced at $299.95 per user, it comes with Annual Subscription, extra upgrades, and data backing features.QuickBooks Pro – The current QuickBooks Pro 2020 one-time purchase price is $299.95 per user.This version of the QuickBooks has two pricing variants available: Track the Expenses: This version allows accounting professionals to track their expenses and measure sales in different currencies.Data Import: You can easily import previous data from earlier versions of QuickBooks, Excel, or Quicken.Income Tracker: On the Income Tracker feature, you can follow up with your customers for the unpaid invoices.Quotes: QuickBooks Pro enables you to send professional quotes and invoices right from your email account.Customer Snapshot: On the Customer Snapshot feature, you can get customer insights at a glance.Bill Tracker: On the Bill Tracker dashboard, you can see the unpaid bills, purchase orders, and many more.Also, the invoices can be customized and printed or emailed to customers. Track sales and create invoices: It is suitable for companies related to the service industry because they allow them to track sales and create invoices. ![]() Since its inception, the product has continued to keep up with the evolving technology and streamline the essential accounting functions for small business owners. It caters up to 3 users and businesses with minimal inventory. ![]() QuickBooks Pro is one of Intuit’s major accounting products. So, let’s compare two of the most commonly-used QuickBooks versions, Pro and Premier to have the dilemma solved. However, because of the different versions of QuickBooks, accounting professionals and businesses are often confused as to what to choose. QuickBooks is an accounting software developed by Intuit, geared towards small and medium-sized businesses that offer on-premises accounting applications and cloud-based versions. Software such as QuickBooks is one of the ideal tools for your accounting needs. However, to accomplish these tasks, adopting the right business tools or software is essential. If you are planning to bring some changes in your accounting firm or aiming to expand your business, then managing your finances, tracking daily transactions, and planning your reports would be of utmost importance.
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