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QuickBooks Desktop Premier

QuickBooks Desktop Premier

Overview

What is QuickBooks Desktop Premier?

QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.

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Recent Reviews

Appalling Fee for Basic Support.

3 out of 10
December 20, 2022
I use QB Desktop Pro 2019. I have been using QB for 20+ years. I suddenly got a warning that my file was corrupted. This happened once …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 44 features
  • Bank reconciliation (57)
    8.0
    80%
  • Standard reports (56)
    7.8
    78%
  • Accounts receivable (59)
    7.0
    70%
  • Accounts payable (58)
    7.0
    70%
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Pricing

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N/A
Unavailable

What is QuickBooks Desktop Premier?

QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

What is QuickBooks Online?

QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.

What is Acumatica?

Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.

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Features

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

8.9
Avg 7.5

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

1.3
Avg 7.0

Security

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

7.4
Avg 7.9

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

6.8
Avg 7.6

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

7.1
Avg 7.4

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

2.9
Avg 7.0

Order Management

The ability to process orders, and track them from quote to cash.

7
Avg 7.4
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Product Details

What is QuickBooks Desktop Premier?

Quickbooks Desktop Premier is the on-premise version of Quickbooks designed for various industries. It features core accounting capabilities, including general ledger, double-bookkeeping, and reporting. It also includes invoice status tracking, contractor management, and time and inventory tracking. Premier in particular is designed to enable industry-specific tasks for general contractors and organizations in manufacturing and wholesale, nonprofits, service, and retail sectors, as well as servicing general business needs.

QuickBooks Desktop Premier Video

QuickBooks Desktop Pro/Premier Plus

QuickBooks Desktop Premier Competitors

QuickBooks Desktop Premier Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.

Priority AccountEdge and MIP Fund Accounting are common alternatives for QuickBooks Desktop Premier.

Reviewers rate Benefit plan administration and Role-based user permissions and Pricing highest, with a score of 10.

The most common users of QuickBooks Desktop Premier are from Small Businesses (1-50 employees).
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Comparisons

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Reviews and Ratings

(435)

Attribute Ratings

Reviews

(1-25 of 63)
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Score 3 out of 10
Vetted Review
Verified User
Not well suited to a homebased business because the online subscription service is nothing like the old standalone desktop. It does [not] look or feel like the desktop version, it needs to be learned from scratch, it is unnecessarily expensive, and it loses the functionality I needed of creating separate "classes" of expenses.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
It’s good for running your business. I don’t understand why the consultants and accountants have such a problem running the program. I know I’m technical, but the interface is relatively simple and the processes are laid out very nicely.
Jerry Lisman | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We like QB Premier because it is easy to learn for our smaller portfolio companies but powerful enough to support our multi-divisional portfolio companies. Many of our companies are only using a small portion of the features.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Larger organizations with more complex billing needs will find that it is lacking. However, for a small comp,any it is perfect. It may be challenging to carry too much inventory selection in this program - but simple lists are good. As with anything - when your needs are basic, this works very well. If you have complex accounts or reporting needs, you may grow out of it.
Score 5 out of 10
Vetted Review
Verified User
Incentivized
QuickBooks Premier is nice when you only have one company. For me, I have three companies that I switch between, and you can only have one company file open at a time. You have to upgrade to have the ability to have more companies open at a time.
Score 3 out of 10
Vetted Review
Verified User
Incentivized
In my opinion, QuickBooks is poorly suited to handled attorney client escrow accounts, where client monies are physically co-mingled but must by law be minutely accounted for down to each penny. You must be able to look at your bank account balance and see all client monies in escrow at any moment in time with a client breakdown. QuickBooks is just not suited for this important task. My accountant tried setting it up several different ways, but none of them functioned with the ease and simplicity of Quicken, which is an account-based program.
Tracie Jones | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I use QuickBooks premier in my business which is internet marketing/affiliate market-related. I have also helped other companies set up and begin using QB Premier in industries such as manufacturing and construction. With the right setup and add-ons, QB can be used in nearly all scenarios with ease. I find the program user-friendly and although I would not call it foolproof, easily taught to even those without an accounting background.
Debora Darden, MBA | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User
Incentivized
Based on the size and operations of our firm, QuickBooks Premier is a good product. It feels like we're on the verge of outgrowing it though as we've had some significant growth in the last 2 years. For small companies with 50 people or less and an annual income of under $10MM, I think it's a great product. Also, it depends on the line of business and the scope of work. We would love to be able to run a profit and loss statement by service line, but when the program was set up many years ago that was not a consideration. If you are just starting out, try to envision how you might want the system to function for you in 5 years and not just today. If you are a company that gets audited by anyone, QuickBooks Premier is not going to be the best because you can change transactions and auditors like to see a trail.
Daniel Miles | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
I think QuickBooks Premier is great for small to mid-sized companies as it does have greatly needed features without the gigantic price tag associated with some of the larger types of accounting and project management software. I think if you also had a self-owned business, this is a perfect way to stay on top of the company finances while working with an outside accountant or CPA firm.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Companies with in-house accounting will benefit most from this platform. It is a fast desktop version with an easy job costing process from estimate to PO, order tracking, and unbilled time. That is a great feature for contractors, who create estimates with many lines - platform makes it easy to convert to PO/invoice.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
QuickBooks Premier is well suited for small to middle sized businesses. It is good for business owners who want to track their finances on their own and companies that only want to employ a bookkeeper either part-time or as needed. It also works for middle-sized companies as a way to track their finances to give to their tax accountants. I am not sure what scenarios QuickBooks Premier is not good in as they are able to mold their product for different industries upon setup.

December 20, 2017

Quickbooks Premier Review

Score 8 out of 10
Vetted Review
Verified User
Incentivized
I believe the online version is somewhat adequate for small business only without many transactions. Any business with over 25 customers should be referred to the desktop version. First, because the online version does not have the same capabilities as the desktop version, and secondly there are usually far more transactions and multiple invoices.
Score 9 out of 10
Vetted Review
Verified User
Well suited for small companies but when you have a larger scale, it may not be very efficient in managing the load. I have used it for 500 employees and also for 50 employees and the volume does make a difference. It does not easily address reporting on a large scale.
Silvia Evans | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
If more than one person needs to access the file and not everyone is in the same location, it is easier and cheaper to use the online version, as compared to a hosted solution provider. However, it is faster and cheaper than the online version if everyone is working in the same location and you don't have more than about five users.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Let me speak to non-profit users. I would ask what level workarounds could you live with in the following areas: annual donor statements, housing allowance pay, quid pro quo donations, non-cash donations and donated services. Another area to consider is the need to file share with your clients. I have not looked at QuickBooks Online in quite a while, but my recollection is that the non-profit functionality was even less robust in that platform.
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