QuickBooks Premier builds on the sound foundation of QuickBooks Pro giving you additional industry specific features. The system is available in a General Business Edition. However, it is also available in several Editions that provide customized features based on your company type. QuickBooks Premier has Editions that are specifically designed with special features:
- General Business
- Easily manage inventory items - Quickly locate items and complete inventory related tasks all in one place using the Inventory Center in QuickBooks.
- Track your balance sheet by class - Use this built-in, easy-to-access report to track financial data separately by location, department, or profit center.
- Bill clients progressively by job phase - Track and bill clients by time & material, job phase, or percentage completion, whatever works best for your unique business.
- Create ‘Jobs by Vendor’ report - Organize your job costs by vendor, and see which vendors still need to be paid.
- Create job estimates and track change orders - As a job changes simply enter change orders into the estimate to keep track of the changes and their impact on your bottom line.
- Analyze job profitability - Customized job cost reports allow you to see a job’s profitability on a detailed, task-by-task level.
- Manufacturing & Wholesale Companies
- Track inventory reorder point by vendor - Track inventory and set optimal inventory levels. Run a report showing items that need reordering.
- Track profitability by product - Keep track of your biggest moneymakers so you’ll know which products to promote and keep in stock, and which to drop from your line.
- Easily prioritize which orders to fulfill - See all open sales orders and prioritize them how you want. Instantly see which orders can be shipped and which can’t.
- Non Profits
- Create end-of-year donation statements - See who your biggest donors are and track their contributions.
- Create Form 990 (Statement of Functional Expenses) - Identify your expenses for presentation to your board, major donors, and the IRS
- Run donor contribution summary reports - Track each donor’s contribution total as needed.
- Professional Services Companies
- Track unbilled time and expenses - See all clients with unbilled time and expenses by employee, project, client or service on a single screen. Easily send an invoice in just a few clicks.
- Set different billing rates by employee, client, and service - Pay and get paid the right amount by quickly and easily setting different billing rates.
- Analyze profitability by project and client - Reports like Billed vs. Proposal by Project, Cost-to-Complete by Job, and Job Costs by Job and Vendor help you stay on top of which projects are most profitable.
- Easily track sales results - Track sales accurately and flexibly with the Sales Summary Form. Enter total payments and taxable/non-taxable sales for the day, week, or any time period you choose.
- Stay on top of inventory and costs - Easily track inventory and set reorder points.
- Run a profit and loss report - Easily compare one month’s profit and loss against another.
Popular Functionality Modules
General Ledger The General Ledger found in QuickBooks Premier will allow you to stay on top of your business’ financial status. This provides you with a consolidated view of who owes…
Job Costing - Contractor Edition QuickBooks Premier Contractor Edition is full of job costing features specifically designed for contractors, ensuring that your business is as profitable as is physically…
Inventory QuickBooks Premier provides you with the same ability to easily track your inventory as found in QuickBooks Pro. This will allow you to avoid overbuying and backorders. As is…
Sales Order - Manufacturing & Wholesale Edition The sales order functionality available in QuickBooks Premier Manufacturing & Wholesale Edition provides you with many industry specific features to meet your needs. When…
Purchase Orders QuickBooks Premier will allow you to better track your purchases. The system gives you the ability to quickly create purchase orders. The only thing required of you is…
Complete Functionality Module List
- Accountant Tools - Accountant's Edition
- Accounts Payable
- Accounts Receivable
- Bills of Materials - Manufacturing & Wholesale Edition
- General Ledger
- Job Costing - Contractor Edition
- Nonprofit Edition
- Purchase Orders
- Sales Order - Manufacturing & Wholesale Edition
- Sales Tracking - Retail Edition
- Time & Expenses - Professional Services
- Time Tracker
Reviews of QuickBooks Premier Write a Review
Scott from SEDCO says…
Love the product but the lack of service and constant updated without fixing everything is driving me away from INTUIT
The good: Accounting works good
The bad: Constant upgrading needed and the cost associated with that