QuickBooks is accounting software for small, medium, and large businesses. You can use the software for a variety of needs, from inventory management to billing. In addition, the software also offers payroll, time tracking, and job costing.
Understanding the Different QuickBooks Editions
The QuickBooks Desktop Editions are a set of three different versions of the software that offer a higher level of functionality for certain types of businesses. There are three editions of QuickBooks that are suitable for most small business needs:
QuickBooks Pro – The Pro edition is perfect for entrepreneurs and freelancers and it offers all the basics and more.
QuickBooks Premier – Premier edition offers more features and functionality than Pro and it is perfect for small and medium business owners.
QuickBooks Enterprise – Enterprise edition is the most advanced and it is for big businesses who need a top-notch accounting system.
QuickBooks Desktop Pro
The QuickBooks Desktop Pro is the most appropriate for many different types of businesses. For instance, if you’re a small or medium-sized business such as a restaurant, retail store, or service business, the QuickBooks Desktop Pro is the perfect fit. It has most of the accounting and management features you’ll need, including inventory tracking, transaction categories, and customizable reports. If you’re a wholesale business, the QuickBooks Desktop Pro will be a good fit as well since it features a comprehensive inventory system to help with a wide range of business functions. Another big advantage to the QuickBooks Desktop Pro is that it also offers a cost-effective purchase. There are a number of features available in QuickBooks Pro, such as multi-currency support, inventory tracking, and more. It also includes more advanced reports that can handle a variety of needs.
QuickBooks Desktop is designed to be used as accounting software in small to medium-sized businesses and users can connect up to 3 employees at the same time and is available in two versions, Pro and Pro Plus.
QuickBooks Desktop Premier
QuickBooks Desktop Premier is the best edition for small businesses. It is industry-leading accounting software for small businesses. Its customizable dashboard enables users to have immediate access to all their core business information so they can make quick, informed decisions. Its desktop app also helps users by giving them the capability to sync data in real-time with QuickBooks Online so they can access data anywhere, anytime, on any device. QuickBooks Desktop Premier includes everything small business owners need to manage their accounting, payroll, inventory, and more. Learn more about the features of the software here.
QuickBooks Premier offers a wide range of features including a family of products that integrate seamlessly. The software is robust and fully-featured enough for those with complex accounting needs to have an easy time getting up and running. In contrast, QuickBooks Desktop Edition is a less expensive
Quickbooks Premier is a reliable accounting application that can support 5 users and is available in two versions, Premier and Premier Plus.
QuickBooks Desktop Enterprise
QuickBooks Enterprise is designed for companies that have a large number of employees and come in contact with the public. This allows the company to integrate its accounting, payroll, human resource, and other financial data into a single financial management system. It also offers a bundle of enterprise-level data security compliance features, such as encryption and scheduled file dumps to a remote backup site. The QBE is a web-based application that can be accessed from anywhere with a web browser. This gives the accountants and managers a lot of flexibility in where they can work from. In conclusion, QuickBooks Enterprise is the best for businesses that have a large number of employees because it offers a bundle of enterprise-level data security compliance features and is geared towards larger businesses.
QuickBooks Enterprise has an extensive set of features and it can support up to 40 licenses. There are three types of versions available: Silver, Gold, and Platinum.
The most popular feature for both versions of QuickBooks is the ability to automate the entire accounting process. QuickBooks Enterprise Edition is a more powerful version, with additional features to track inventory, manage users, maintain credit cards, and analyze data with the QuickBooks Enterprise Analytics service.
How to Choose the Correct QuickBooks Edition
There are so many editions of the QuickBooks software, and it’s important to understand the differences so you can decide which one will best suit your company.
The most appropriate QuickBooks Desktop Edition for your business depends on which features you need the most. QuickBooks Desktop has three different editions. QuickBooks Pro- is an appropriate option for small businesses. QuickBooks Premier- is appropriate for midsize businesses that require advanced features. QuickBooks Enterprise- is appropriate for businesses with many employees or managing multiple locations. If you are a small business owner, you may want to choose the QuickBooks Pro edition. If you are a medium-sized business owner, you may want to choose the QuickBooks Premier edition. If you are a large company, you may want to choose the QuickBooks Enterprise edition.