QuickBooks Pro Vs Premier: Which Is Better in 2023?
This article is part of a larger series onAccounting Software.
QuickBooks Pro,任何人之间的主要区别ckBooks Premier is that Premier has industry-specific editions—manufacturing and wholesale, retail, contractor, nonprofit and professional services. Pro is more affordable and works best for small businesses with general accounting needs while Premier is preferable for growing businesses that operate in one of the industries it’s built for.
QuickBooks Pro vs Premier: Quick Comparison
QuickBooks Pro |
QuickBooks Premier |
|
---|---|---|
Monthly Pricing |
From $549.99 per year for one user to $949.99 per year for three users |
From $799 per year for one user to $1,999 per year for five users |
Maximum Number of Users |
3 |
5 |
Standout Features |
|
|
Better For |
Sole proprietors and small businesses that have a few users and need basic accounting features |
Businesses with complex inventory and those in specialized industries, like manufacturing, retail, and professional services |
Overall Ease of Use |
Moderate; can be difficult to use if you’re used to cloud-based software |
Moderate; has the same interface as QuickBooks Pro |
Scalability |
Very limited; can only add up to three users |
More scalable than Pro; can add up to five users and has customized features for specialized industries |
Ease of Sharing |
Must create an Accountant Copy to send to your bookkeeper |
|
User Reviews |
4.3 out of 5 on G2 |
4.5 on Software Advice |
QuickBooks Pro and Premier are versions of QuickBooks Desktop, which is ourbest small business accounting softwarefor users dealing with internet speed or reliability issues. To help you learn QuickBooks Desktop, we created free tutorials that cover the basics:
When To Use
QuickBooks Desktop Versions Comparison
QuickBooks Pro and Premier are the most popular QuickBooks Desktop programs, but there are a couple of additional QuickBooks Desktop programs for you to consider. QuickBooks Enterprise is better for companies that need more than five users or companies with advanced inventory needs.
Meanwhile, QuickBooks Accountant Desktop is designed specifically for independent bookkeepers to keep the books of multiple clients. The biggest difference between Accountant and Pro or Premier is that Pro and Premier can be used to export an Accountant Copy of the company data while Accountant can import an Accountant Copy. In other words, clients must have Pro or Premier and independent bookkeepers must have Accountant.
Software |
Pricing |
Number of Users Included |
Accountant Copy |
Keep the Books for Multiple Companies |
Industry-specific Editions |
Inventory |
---|---|---|---|---|---|---|
QuickBooks Pro |
From $549.99 to $949.99 per year |
1 to 3 |
Export data and import changes |
✓ |
✕ |
Basic inventory; good for retailers |
QuickBooks Premier |
From $799 to $1,999 per year |
1 to 5 |
Export data and import changes |
✓ |
✓ |
Better inventory; good for light manufacturers |
QuickBooks Enterprise |
From $1,410 per year for one user |
1 to 40 |
Export data and import changes |
✓ |
✓ |
Advanced inventory |
QuickBooks Accountant Desktop |
$799 per year, per ProAdvisor |
1 |
Import data and export changes |
✓ |
✓ |
Same as Premier |
QuickBooks Pro vs Premier: Pricing
Number of Users |
Pro ($/Year) |
Premier ($/Year) |
---|---|---|
1 |
$549.99 |
$799 |
2 |
$749.99 |
$1,099 |
3 |
$949.99 |
$1,399 |
4 |
N/A |
1699美元 |
5 |
N/A |
$1,999 |
All QuickBooks Desktop products, including Pro and Premier, come with a 60-day money-back guarantee.
QuickBooks Pro vs Premier: Features
QuickBooks Pro |
QuickBooks Premier |
|
---|---|---|
连接银行账户和矩形oncile Easily |
✓ |
✓ |
Create Invoices & Email or Print |
✓ |
✓ |
Enter Bills & Scan Receipts From Smartphone |
✓ |
✓ |
64-bit Advanced Processing Power |
✓ |
✓ |
Email Customized Bill Payment Stubs |
✓ |
✓ |
Transfer Accountant’s Copy File |
Export only |
Export only |
Input & Track Unpaid Bills |
✓ |
✓ |
Track Inventory |
✓ |
✓ |
Track Time |
✓ |
✓ |
Manage 1099 Forms |
✓ |
✓ |
Unlimited Customer Support |
✓ |
✓ |
Track Project Profitability |
✓ |
✓ |
Choose From Industry-specific Editions |
✕ |
✓ |
Track Sales Orders |
✕ |
✓ |
Track Inventory Assemblies |
✕ |
✓ |
Convert Estimate to Purchase Order (PO) Instantly |
✕ |
✓ |
Set up Price Levels |
✕ |
✓ |
Advantages of QuickBooks Premier
Unlike Pro, Premier comes in five industry-specific editions. Each comes with the same features as the standard QuickBooks Premier, in addition to a few extra features custom tailored for each industry.
For instance, the Contractor edition lets you create a “job by vendor” report to determine which vendors you need to pay. You can easily generate job estimates and convert them to orders. Meanwhile, the Retail edition provides Sales Summary Reports to help you track sales accurately.
Premier lets you easily track open and unfilled orders (back orders) with sales orders. Let’s say your company takes an order for an item that is out of stock. You can ship the in-stock items immediately and deliver the back orders at a later time. Premier lets you track what was already shipped and what else you need to provide to your customers.
If you build products out of a bundle of individual items, Premier lets you track each component separately. For example, if you are manufacturing a mountain bike in-house, you will need to assemble your product using components, such as one saddle, one set of handlebars, and two sets of brakes.
Premier will track the stock of the mountain bike and each component individually. When you assemble the bike, Premier will remove the components from inventory automatically and add the assembled bike to inventory. This helps you determine how many bikes are available for shipment and what materials are available to build more bicycles.
Once a customer accepts your estimate, you can convert it into an invoice instantly. This helps you reduce data entry as you won’t have to enter the same information twice. This feature is especially useful for contractors.
Pro lets you set up a fixed percent price, but it’s not flexible enough for businesses with complex pricing structures. With Premier, you can assign customized price levels for a specific customer or item so that every time you create a transaction for them, the price will automatically apply.
QuickBooks Pro vs Premier: User Reviews
QuickBooks Pro is rated 4.3 out of 5 on G2, while Premier scores 4.5 on Software Advice.
QuickBooks Pro User Reviews
Those satisfied with Pro shared that the program makes it easy for them to track bills and credit card charges and reconcile bank and credit card statements. Others also like that it can create over 100 financial reports, while some appreciate its affordable pricing. Meanwhile, those who left negative reviews complained that it’s limited to only three users, making it unsuitable for small businesses.
QuickBooks Premier User Reviews
What users like about Premier is that it has industry-specific editions, unlike Pro. Many are impressed by how it handles most of their accounting needs, including inventory and purchase order tracking. However, we also found negative reviews, which are mostly about file sharing. They explained that it’s not convenient to share files with their accountant unless they purchase the hosted version of Premier. Of course, this inconvenience is also true for Pro.
Frequently Asked Questions (FAQs)
When is QuickBooks Pro better than Premier?
If you only need up to three accounting users and have light inventory to track, then Pro might be enough for you. It has strong invoicing, bill payment, banking, and project accounting features, which are usually enough to cover standard accounting needs.
When is QuickBooks Premier better than Pro?
Premier is preferable if you have four or five accounting users or need enhanced inventory features, like inventory assembly tracking. You also need to upgrade to Premier if you operate in one of these industries: retail, nonprofit, contractor, manufacturing and wholesale, and professional services.
When should I upgrade to QuickBooks Enterprise?
If your business has upscaled and you now need to add up to 40 users to access your accounting software, then you should upgrade to Enterprise. Read ourQuickBooks Enterprise reviewto explore what advanced features are available for your medium-sized or large business.
Bottom Line
Whether QuickBooks Pro or Premier is right for you depends on the size of your business and the specific features your operation requires from accounting solutions. If you have basic accounting needs and only need up to three users to access your accounting software, Pro should be enough. If you want enhanced inventory features and need up to five accounting users, go with Premier.