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QuickBooks Premier Review Pricing, Pros & Cons – Forbes Advisor.QuickBooks Release: QuickBooks Desktop Moves to Subscription
You might be using an unsupported or outdated browser. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. It offers industry-specific reporting in five different fields, helping you to customize your finances. QuickBooks is a veteran in the accounting software industry. While the company has since expanded to online accounting software, many businesses still prefer its desktop solutions.
QuickBooks Premier Plus is the midtier desktop accounting plan. In addition to standard accounting features, such as tracking sales and customer payments, viewing unpaid vendor bills and tracking product costs, Premier Plus also lets you run more than industry-specific reports in the contractor, manufacturing and wholesale, nonprofit, professional services and retail niches.
For example, contractors can create a jobs-by-vendor report that lets them see what they still owe for materials while nonprofit businesses can create end-of-year donation statements. Your chart of accounts can also hold up to 10, entries, which again, should be ample. Getting payments from your customers is easier thanks to automatic payment reminders.
After a customer pays, you can present an air of professionalism with personalized payment receipts. As you can see from this QuickBooks Premier review, the software is a solid pick, which is why it made our list of the top accounting software for small businesses. The update to QuickBooks Premier Plus also added on some interesting new features, such as the ability to pay vendor bills online.
You can schedule your bills and have the system pay them automatically from the funding source of your choice. If your business has a lot of bills and receipts to keep track of, the new Desktop mobile app lets you scan these with your phone and then parses them into your records automatically. You can also have vendors email receipts directly to QuickBooks, and these will be transformed into bills in your books.
Premier also now lets you attach documents to transactions, which can be helpful if you want to attach receipts or photos to a particular job. To get a discount on those rates of 1. Quicken Premier and NeatBooks are two comparable accounting software options.
Quicken Premier is a similar midtier plan that offers expense tracking and invoicing, but it falls short without industry-specific reporting and automatic payment reminders. Meanwhile, NeatBooks is better geared toward businesses that want to prioritize financial document management.
This means you can access documents anywhere, anytime—not just from the one computer you have your accounting software installed on. Both Quicken and NeatBooks fall short if you want help managing your employees. Overall, QuickBooks Premier is a good pick for small businesses in one of the five specific industries it has tailored reports for. The ability to customize your reporting exactly to your needs can help you optimize your finances and easily spot issues.
You can also check out our top QuickBooks alternatives to see what other services stack up to this industry powerhouse.
QuickBooks Premier includes more than industry-specific reports to help you better manage your finances. It also comes with the ability to track sales, customer payments, product costs and more. Learn more about the differences between these packages in our QuickBooks Pro vs.
Premier review. Our top pick for accounting software is Zoho Books, though QuickBooks did nab the number four spot in our ranking. See the full list of the best accounting software in our ranking guide. Select Region. United States. United Kingdom. Kristy Snyder, Kelly Main.
Contributor, Editor. Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Our Verdict. Pros Customizable inventory reports industry-specific reports Faster computing thanks to bit processor capabilities Schedule and pay vendor bills Up to 14, inventory items.
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team. Users included. More users. At a Glance QuickBooks is a veteran in the accounting software industry. Other Benefits The update to QuickBooks Premier Plus also added on some interesting new features, such as the ability to pay vendor bills online.
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