QuickBooks Accounting Software is a financial, accounting software that’s known all over the world for its easy, bookkeeping solutions. Something, that small offices and startups have benefitted a lot from, especially how factors like experience, human resources and financial routines might affect them. Ever since it was developed by Intuit and first released for public use, QuickBooks has faced multiple version revisions and updates. With each update and revision, new features have been added and the software has been subsequently tweaked over the years. These software updates enable QuickBooks to better handle all bookkeeping tasks that you’d want this application to take over and control
QuickBooks Premier, in this line of softwares released by QuickBooks for desktop or MAC is a version that’s not bereft of all the usual features one would look for in QuickBooks apps. Payroll accounting is a part and parcel experience of the whole QuickBooks usage pattern and intrinsic features like these are ever – present in whichever version of QuickBooks you choose to buy and install. Payroll accounting enables any business to efficiently manage and dispense funds as salaries to all employees, on a timely basis. More than just that, QuickBooks manages what salary amounts need to be dispensed, any deductions to be made from an employee’s salary, any bonuses or raise. Furthermore, the very same QuickBooks Payroll Accounting keeps track of bill payments, including the amount to be deducted from employee salaries as taxes or for any other salary in the company or office.
QuickBooks Premier, is also capable of facilitating merchant services for any business or e – commerce linked company that it’s being used at. Those services that are facilitated by getting a financial institute or organ involved, such as a credit line or a bank, are known as merchant services. These merchant services today, help online companies and e – commerce websites to accept payments from customers for products and services, online, either via credit/debit cards or through netbanking. QuickBooks Premier, this way, can fulfill such services, by offering the features and use of QuickBooks to facilitate payments in this fashion and also track it. This way, QuickBooks users can accept payments from old and new customers online, using QuickBooks premier’s merchant services, which are monitored and recorded for accounting purposes.
Overall, the QuickBooks Premier product contains most of the new iterations and changes that are normally introduced in new versions and builds over the years. As compared to the enterprise version or QuickBooks pro, there are more changes and addition of features to showcase only the best and none of the previous kinks to new as well as old customers. The developers over at Intuit thoroughly examine and introduce features and changes that will later be applied to QuickBooks Pro as well as QuickBooks Enterprise. All these new features or updates in newer versions of QuickBooks Premier, Pro or Enterprise will only help the accountants and their clients in being able to complete most of the important tasks in running the company smoothly without going through a lot of effort.
More than 4 Million companies from all over the world use QuickBooks as an accounting software for their businesses and commercial practices. This makes it an extremely popular and widely used accounting system, with companies as small as the youngest startups to large – scale businesses using it on a daily basis for bookkeeping as well as other financial responsibilities. However, given how feature – packed every year’s QuickBooks Premier has been, it can be very easy to overlook certain handy features of the software or even underutilize it more than normal. You must be sure of yourself that you are utilizing your QuickBooks Premier Software to its best capabilities and that you are doing so efficiently.
QuickBooks Premier is one of the three versions QuickBooks developers Intuit releases every time they do a revision update or put out a new build of the same software. As such, there are QuickBooks Pro, Premier and Enterprise that have been released as per their dates, in the years of 2016, 2017 and 2018. Each year, with every build version, the developers have tried and brought about changes and improvements over the existing, older versions. These revisions and updates include a bunch of quality – of – life upgrades and some major improvements that have only made a QuickBooks User’s experience better than before. Because of how these updates work, the latest version of the QuickBooks software will include all the upgrades that have been made to previous versions, and a few new ones that will set it apart from the past revisions. As such, there are a lot of features that QuickBooks revisions of the year 2017 and 2018 share, and some, which are exclusive to 2018 and not there in the previous versions.
As far as businesses and companies go in today’s industry, QuickBooks has quickly become a very popular choice as an Accounting Software for owners to purchase and use. Obviously, like all good softwares meant for handling such meticulous data, there exists an online and a Desktop Version of QuickBooks. However, the number one choice that business owners and company heads need to make while picking QuickBooks, is which version should they get? There’s no arguing that QuickBooks Desktop is one of Intuit’s all – time best when it comes to their softwares. However, so are QuickBooks Pro and QuickBooks Premier – both of which are excellent products. For anyone to evaluate them both and choosing which one is actually right for them, they must know about them both and what each of them have to offer, individually.
According to experts and usage patterns, it can be said that the QuickBooks Pro is suitable for businesses with sales of up to $1MM/year, who need no more than 2 or 3 users. The QuickBooks Premier on the other hand, is more suited for Nonprofits, Professional Services, Retail Businesses, Manufacturing & Wholesale and other such businesses. Following are some features and differences between the two to help make up your mind about the two:
Therefore, these are some of the most debilitating points to consider while deciding on QuickBooks Pro vs. Premier. Based on this, serious business owners and clients can decide which software to pick up, and which one will suit their requirements and needs perfectly.
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