QuickBooks is one of the world’s most popular accounting software options. According to realtimecampaign.com, of all small businesses using accounting software, almost 75% prefer QuickBooks. Available in online and desktop versions, each version is customized to a different kind of business. Users can check this guide on choosing the right QuickBooks version for any company.
With QuickBooks Desktop Pro, setup couldn’t be any easier. Upon installation, the software will ask a few questions and help the user set up an accounting chart, reports, and ledger geared toward the company’s goals. This version will help business owners:
Monitor and organize the company’s operations
Invoice customers and remind them that payment is due
See how much they owe vendors
Tally payroll and send deposit reminders so paychecks go out on time
QuickBooks Desktop Pro is best for SMBs (small- to medium-sized businesses) with less than three users and under $10 million in yearly revenue. Save $100 on Quickbooks Desktop Pro Plus when you download today and enjoy benefits such as automatic backups, free upgrades, and always-on customer service.
Here, one gets all the same benefits found with QuickBooks Pro, as well as a few industry-specific features like inventory and sales tracking, greater customization, and more licenses. Premier is the best option for a company that needs better inventory tracking capabilities, including general contractors, service businesses, and non-profits. With a Premier Plus upgrade, to get easier upgrades, automatic backups, and better customer service. Companies like Fourlane can analyze a company’s accounting needs and help an owner find the right version of QuickBooks for their needs, their company, and their budget.
QuickBooks Enterprise is the most powerful version. It offers all the features found in Premier, as well as:
Easier inventory tracking. Companies with extensive inventories can use Enterprise to track everything. With this edition’s barcode functionality, it’s easy to track inventory as it’s sold and received.
Picking, packing, and sending. In later versions of Enterprise, there are sales-specific features. As orders are received, inventory requests are easily sent. From there, workers can use customers’ data to print labels while reducing the risk of error.
Reporting. With Enterprise’s advanced reporting features, business owners can track their costs and raise prices accordingly. If a company has multiple subsidiaries, Enterprise makes tracking activities easy.
QuickBooks Enterprise is great for companies with more than a million dollars in yearly revenue, as well as those who need industry-specific reporting and functionality.
Which Version is Right for My Company?
Every QuickBooks edition can handle banking, reporting, invoicing, sales, accounts payable, and other functions. While there are certain differences between editions, QuickBooks Enterprise is ideal for high-earning companies and those entering growth phases. With it, one gets the tools and knowledge needed to manage a business effectively.
Although Enterprise is costlier than Premier and Pro, it may be a worthwhile investment. Whether it’s a company starting from scratch or upgrading, help is there to find the right option for a company. Request additional information online or call today to learn more.