QuickBooks reached its first release date in 1983 when the accounting software industry began to grow. Since its inception, this powerful software has grown significantly based on the needs of its target users. To meet the business needs of different industries and types of businesses, Intuit has released several versions of QuickBooks.
If you are an accountant or owner of a certified accountant office, it is important to understand the different versions of QuickBooks before choosing the right one for your business. With the help of the best QuickBooks hosting providers, you can upgrade your business for fast processing of accounting data and simply securing it on the cloud. Let’s briefly summarize the different versions of the QuickBooks and their features so you can make informed decisions.
Different Versions of QuickBooks Desktop Products:
This is the simplest version of QuickBooks designed for small businesses. With an easy-to-use interface, you can manage various accounting assignments and save time.
Some of its features include:
- Easily customizable reports using built-in templates
- Ability to run more than 100 reports
- Customer snapshot to get customer details
- Supports users from 1 to 3.
- Creation of different orders
- Bill-tracking system to simplify finances
If you’re just starting an accounting firm and have a small team working for your company, you can start with QuickBooks Pro from our list of QuickBooks editions.
Known as the intermediate version of QuickBooks, QuickBooks Premier is designed for growing companies that need help automating a variety of business tasks using state-of-the-art software. It is subdivided into several options: general business, non-profit organizations, contractors, etc., each with its unique industry characteristics.
A few of the standard features that QuickBooks Premier has in addition to those available in QuickBooks Pro are:
- QR/Barcode facilities
- Ability to run more than 14,000 entries.
- Supports simultaneously up to 5 users.
- Adding PO numbers in email is easier.
- Tracking Balance sheet
- Reminder for payroll penalty
The most stable and robust version of QuickBooks for businesses and large enterprises is the QuickBooks Enterprise edition. QuickBooks Enterprise when Hosted on Virtual Desktop lets you take full advantage of QuickBooks while working from any location. As an end-to-end business solution, QuickBooks Enterprise also has industry-specific capabilities that come in many forms, including contractors, retailers, and non-profit organizations. Depending on the feature set you need, you can also choose one of the many QuickBooks Enterprises. plans, namely Gold, Silver, Platinum, Diamond.
In addition to the earlier version of QuickBooks, this version of QuickBooks has lots of advanced features and functionalities such as:
- Advanced inventory features for bulk order tracking
- Ability to run more than 1,00,000 entries.
- Supports simultaneously up to 40 users.
- In-built functionality of QR and Barcode.
- Faster check processing supported by Payroll Assistant.
- New and advanced reporting tools.
Whichever version of QuickBooks you choose for your business, you can take advantage of the QuickBooks cloud by hosting the software on a dedicated hosted server.
Considering such robust software, you will need the QuickBooks hosting provider like Apps4Rent which also provides services like Office 365 to Office 365 Migration to enhance your business growth and provides many other services which makes them an ideal partner to choose.