QuickBooks Desktop Premier
February 25, 2025

QuickBooks Desktop Premier

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Desktop Premier

We use QuickBooks Desktop Premier to prepare bookkeeping for select clients, restore bookkeeping files prepared by other clients, and to enter year-end journal entries for our clients who prepare their own bookkeeping.

Pros

  • Makes it easy for our clients to enter bills and payments
  • Clients can easily record sales and payments received
  • Easy for clients to reconcile their own bank accounts
  • For clients with multiple businesses, QuickBooks Desktop Premier allows them to create separate files to track each of their businesses separately

Cons

  • When entering year-end entries for our clients, it is frustrating that AR and AP need to be the first line of a journal entry. This makes it so you can't adjust both AR and AP in the same AJE
  • It is easy for our clients to make mistakes when filing their GST returns with QuickBooks. If balances aren't cleared, GST paid and collected can be doubled up in subsequent filings, resulting in incorrect GST returns being filed.
  • Some functionality is catered to unsophisticated users to make it easier for them to track data (AR & AP specifically), but any errors or incorrect entries in these accounts are very difficult to correct. For accounting purposes, a simple journal entry can correct the ending balance, but it is very difficult to have the AR and AP reports reflect the updated balances.
  • The new subscription prices are very high, so we have been referring more of our clients to QuickBooks Online. This allows them to invite us as users to their account, while also saving money every month. It is disappointing that users can no longer buy a perpetual license for the product and must now pay more for a 12 month subscription than they used to pay for a perpetual license.
  • Backwards compatibility between desktop files would make it much easier for some of our older clients to continue using their old QuickBooks Desktop Premier versions each year so they don't have to learn an updated program. This would also allow us to prepare journal entries for our clients with older desktop versions and still have them be able to restore the updated file to their version of QuickBooks Desktop Premier.
  • Our QuickBooks Desktop Premier 2021 file has provided excellent value for our one-time purchase. I would say the subscription fees are not worth the value received from the newer QuickBooks Desktop Premier subscriptions (as evidenced by the fact that we now refer our clients to QB Online instead of QuickBooks Desktop Premier).
Overall it does most of what we need it to. As previously mentioned, there are things I would like improved, but I still feel we receive good value from the product.
Online - We have some clients on AgExpert, Xero, and QB Online. All 3 provide good value in my opinion.
QuickBooks Desktop Premier - In our experience, QuickBooks Desktop Premier is the best desktop software we have encountered.
We have some clients using AgExpert and Simply, but QuickBooks seems to have the most versatile desktop product.

Do you think QuickBooks Desktop Premier delivers good value for the price?

Yes

Are you happy with QuickBooks Desktop Premier's feature set?

Yes

Did QuickBooks Desktop Premier live up to sales and marketing promises?

Yes

Did implementation of QuickBooks Desktop Premier go as expected?

Yes

Would you buy QuickBooks Desktop Premier again?

Yes

QuickBooks Desktop Premier Feature Ratings

Accounts payable
2
Accounts receivable
2
Cash management
8
Bank reconciliation
9
Expense management
8
Time tracking
Not Rated
Fixed asset management
2
Multi-currency support
Not Rated
Multi-division support
5
Regulations compliance
Not Rated
Electronic tax filing
3
Self-service portal
Not Rated
Global Financial Support
5
Primary and Secondary Ledgers
5
Intercompany Accounting
5
Localizations
Not Rated
Journals and Reconciliations
7
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
Not Rated
Standard reports
8
Custom reports
5
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated

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