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Top Rated
241 Ratings
Top Rated
241 Ratings
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Score 8.1 out of 101

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Likelihood to Recommend

QuickBooks Premier

QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
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Feature Rating Comparison

Payroll Management

QuickBooks Premier
8.2
Pay calculation
QuickBooks Premier
9.2
Benefit plan administration
QuickBooks Premier
7.1
Direct deposit files
QuickBooks Premier
9.5
Salary revision and increment management
QuickBooks Premier
7.6
Reimbursement management
QuickBooks Premier
7.6

Customization

QuickBooks Premier
7.3
API for custom integration
QuickBooks Premier
7.3
Plug-ins
QuickBooks Premier
7.3

Security

QuickBooks Premier
8.9
Single sign-on capability
QuickBooks Premier
8.6
Role-based user permissions
QuickBooks Premier
9.1

Reporting & Analytics

QuickBooks Premier
8.3
Dashboards
QuickBooks Premier
8.4
Standard reports
QuickBooks Premier
8.3
Custom reports
QuickBooks Premier
8.1

General Ledger and Configurable Accounting

QuickBooks Premier
7.5
Accounts payable
QuickBooks Premier
9.2
Accounts receivable
QuickBooks Premier
9.2
Cash management
QuickBooks Premier
7.6
Bank reconciliation
QuickBooks Premier
8.5
Expense management
QuickBooks Premier
8.8
Time tracking
QuickBooks Premier
8.0
Fixed asset management
QuickBooks Premier
8.4
Multi-currency support
QuickBooks Premier
8.7
Multi-division support
QuickBooks Premier
5.7
Regulations compliance
QuickBooks Premier
2.9
Electronic tax filing
QuickBooks Premier
9.2
Self-service portal
QuickBooks Premier
7.5
Global Financial Support
QuickBooks Premier
5.0
Primary and Secondary Ledgers
QuickBooks Premier
5.6
Intercompany Accounting
QuickBooks Premier
8.4
Localizations
QuickBooks Premier
5.0
Journals and Reconciliations
QuickBooks Premier
8.7
Enterprise Accounting
QuickBooks Premier
9.0
Configurable Accounting
QuickBooks Premier
6.9
Centralized Rules Framework
QuickBooks Premier
6.5
Standardized Processes
QuickBooks Premier
9.3

Inventory Management

QuickBooks Premier
6.0
Inventory tracking
QuickBooks Premier
7.7
Automatic reordering
QuickBooks Premier
4.3
Location management
QuickBooks Premier
9.0
Manufacturing module
QuickBooks Premier
3.0

Order Management

QuickBooks Premier
9.7
Pricing
QuickBooks Premier
9.7
Order entry
QuickBooks Premier
9.7
Credit card processing
QuickBooks Premier
9.0
Cost of goods sold
QuickBooks Premier
9.5
Order Orchestration
QuickBooks Premier
10.0
End-to-end order visibility
QuickBooks Premier
10.0

Accounting Firm BPO Features

QuickBooks Premier
5.7
Branded client dashboards
QuickBooks Premier
7.6
Client data roll-up capabilities
QuickBooks Premier
5.0
Client data consolidation for benchmarking
QuickBooks Premier
5.0
Configurable alerts
QuickBooks Premier
5.0
Billing bypass
QuickBooks Premier
5.0
Client template cloning
QuickBooks Premier
5.0
Single sign-on
QuickBooks Premier
7.6
Configurable client onboarding questions
QuickBooks Premier
5.0
Cross-client workflow management
QuickBooks Premier
5.0
Industry-specific versioning
QuickBooks Premier
7.6
Legacy system data migration
QuickBooks Premier
5.0

Pros

  • QuickBooks Premier is easy to use, yet flexible and powerful enough to handle some complicated accounting scenarios.
  • QuickBooks Premier offers a wide array of canned reports. Custom reports can be easily created.
  • QuickBooks Premier with Enhanced Payroll gives us the tools to handle complex payrolls with multiple variables.
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Cons

  • Inventory feature is very poor and not designed for novice users.
  • Accountants' have the ability to correct multiple transactions relatively easily but regular users do not.
  • It allows inexperienced users to make adjustments or post to accounts that are in error. The accountant must spend time correcting the mistakes at the client's expense.
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Likelihood to Renew

QuickBooks Premier5.3
Based on 12 answers
Ceased using it.
Diane Leigh Davison profile photo

Usability

QuickBooks Premier7.9
Based on 9 answers
I like the program
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Reliability and Availability

QuickBooks Premier8.9
Based on 5 answers
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
Silvia Evans profile photo

Performance

QuickBooks Premier5.7
Based on 4 answers
It takes forever to load.
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Support

QuickBooks Premier7.4
Based on 7 answers
The Quickbooks support is good but still has some room for improvement.
Cristine Delos Santos profile photo

Implementation

QuickBooks Premier7.2
Based on 7 answers
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
Cristine Delos Santos profile photo

Alternatives Considered

EasyAcct is a multiple general ledger system developed for accounting firms.Peachtree by Sage (Quantum) is similar to QuickBooks but not as user friendly.QuickBooks is a market leader for small business both used by accounting firms and their clients.
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Rating for Public Practice CPAs

QuickBooks Premier8.1
Based on 27 answers
Handling a lot of clients from different industries like professional service providers (photography and catering service), construction, and retail, QuickBooks makes it easier to configure or customize its interface based on their respective industry or business type. It greatly helps our bookkeepers provide the best service we can give to our clients and achieve client satisfaction.
Cristine Delos Santos profile photo

Scalability

QuickBooks Premier6.2
Based on 4 answers
They're getting better. Still room for improvement.
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Return on Investment

  • QB Premier has streamlined many previously manual entry accounting processes within our company effectively saving time and money!
  • QB Premier has saved my company several thousand dollars each year in man hours it would take for manual entry and adjustment of our books.
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Pricing Details

QuickBooks Premier

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details