QuickBooks is undoubtedly the top-ranked accounting software that is used by SMBs and CPAs from across the world. This accounting software comes with different specifications that are designed and developed to meet the unique business needs of different business domains.
To help your business grow with the managed accounting solution, there are three QuickBooks products available – QuickBooks Pro, QuickBooks Premier and QuickBooks Enterprise. While selecting any one out of these three, it is important to understand their features and usability.
QuickBooks Pro or QuickBooks Premier?
QuickBooks Pro and Premier are usually considered as viable options for start-ups or SMBs who just need to do normal accounting and bookkeeping tasks. Whereas, QuickBooks Enterprise is the most advanced QuickBooks product that helps fast-growing businesses manage their finances with the most enhanced and contemporary features.
|Features||QuickBooks Pro||QuickBooks Premier|
|Number of Simultaneous Users||Up to 3 users||Up to 5 users|
|Data File Size||Maximum 120-150 MB||Maximum 150 to 200 MB|
|Create Email and Sales Order||No||Yes|
|One-click Business Reports||100+||150+ industry-specific|
|Create Business Plans||No||Yes|
|Forecast Sales and Expenses||No||Yes|
|Create Industry-specific Reports||No||Yes|
|Create Inventory Assemblies and Bills of Material||No||Yes|
|Create Sales and Track Backorders||No||Yes|
|Set Customized Product Pricing||No||Yes|
|Inventory Management in Different Units of Measure||No||Yes|
|Get Tax, Financial and Sales Reports||100+ industries||135+ industries|
Major challenges while adopting QuickBooks for your business are to select the most precise QuickBooks product and then, select a reliable QuickBooks hosting provider. A QuickBooks hosting provider helps you to install QuickBooks on the cloud server to enhance the performance of QuickBooks.
QuickBooks Pro vs QuickBooks Premier: A Quick Comparison
Well, before we discuss the importance of hosting QuickBooks on the cloud server, first let us understand the key differences between the two QuickBooks products – QuickBooks Pro and QuickBooks Premier. These two QuickBooks products are not just best-suited for small businesses, but are also available at an affordable price.
After understanding key differences between QuickBooks Pro and QuickBooks Premier, you can select any one of them and use it to perform your unique accounting and bookkeeping needs. Well, if your business is rapidly growing or if you feel that in feature you need to resolve complex accounting needs then, you can also consider QuickBooks Enterprise.
QuickBooks Hosting for Enhanced QuickBooks Performance
To get the optimal QuickBooks performance, you also have an option to host QuickBooks on the cloud server. QuickBooks hosting helps you establish the comprehensive accounting ecosystem, where vulnerable QuickBooks data always remain safe with anytime and anywhere access to QuickBooks.
There are numerous QuickBooks hosting provider in the United States, however, to select the most reliable and affordable hosting provider is a difficult task. It is, therefore, advisable to look into the following points while selecting a QuickBooks hosting provider.
Look for the data security mechanism
Check their availability for support
Compare pricing with other hosting providers
Check data center certification
Get QuickBooks ProAdvisor support along with QuickBooks Hosting
The Way Forward
After understanding these critical points for selecting the best suited QuickBooks product and reliable QuickBooks hosting provider, you can easily establish the accounting system of your business and stay ahead in this competitive business age.