Though QuickBooks Pro and Premier are just two versions of the same software, they have their fair share of differences—hence the need for this comprehensive QuickBooks Pro vs. Premier comparison in the first place.
Let’s take a look at the main differences between QuickBooks Pro vs Premier
QuickBooks Pro: The Details
QuickBooks Pro is a simple, deceptively robust, and powerful solution that solves everyday small-business accounting needs.
Many business accountants can lift QuickBooks Pro beyond its fundamental boundaries with plenty of workarounds, and even a mid-market company could use Pro for 80% of its daily needs.
But, even without a dedicated accountant operating it, a QuickBooks Pro account can offer the following capabilities:
Three simultaneous users in a data file
Receivables and revenue: invoices, credit memos, statements, sales receipts, receive payments, estimate to invoice
Payables and expenditures: purchase orders, item receipts, pay bills
Inventory part tracking
Time and mileage tracking
Banking activities: deposits, checks, credit card charges, credits, bank charges, interest, paychecks, online banking, bank reconciliation
Collect and pay sales tax
Price levels as fixed percentages
Reports like budgets, operational reporting, and financial reporting
Considered as a whole, QuickBooks Premier offers the following features that Pro doesn’t:
Five simultaneous users in a data file
Sales orders/backorder tracking, current availability tracking, sales order to PO to invoice
Unit of measure, build assembly, inventory center
Job costing: estimate to PO, change order tracking, view unbilled time and expense from one window, batch invoice time and expense
Reporting: balance sheet by class, previous reconciliation reports, forecasting, business planner, industry-specific reporting
Per item price levels
Billing rate levels
Reversing journal entries
Filter sales order and purchase order reports based on current availability
Closing date exception report
I hope this information will be useful!