Learn What Each Version of QuickBooks Offers

As the go to bookkeeping and accounting software for over 4.5 million companies, QuickBooks leads today’s market. If you are reading this, there’s a good chance that you’re looking for a few learning tips for using QuickBooks. Like anything else, you’ll get the most out of QuickBooks by making it suit what you need. Whether you are a rookie or a veteran, here is what you need to know about each version of QuickBooks.

Work with the Version that Best Suits Your Needs


You may think that QuickBooks is a one dimensional software, however that is not the case. QuickBooks comes in many different versions, across different platforms, for differing businesses. If you purchased a QuickBooks software license, you are able to jump from platform to platform rather easily, so there’s no worry when it comes to starting at the bottom and expanding your business.

It’s important to consider what each version does. You want QuickBooks to function the way you want it to, while not have all these extra features that you really don’t need. As an example, if your business is based on service and not goods, then QuickBooks Online Plus is probably not for you.

These are the current QuickBooks products –

QuickBooks Self-Employed


This option works best for self-employed freelancers who are looking for a software to help themselves track income, expenses, and taxes.

QuickBooks Online


The majority of QuickBooks users choose this version for its easy accessibility. Ran through a web browser, this version of QuickBooks gives companies the essential tools to manage a small business. Business owners like this version of the software because it includes automatic updates, backups to the cloud, and security upgrades, things that would need to be manually performed with other versions.

QuickBooks Pro


Pro was once the version Intuit pushed to be their leading product, but since the inception of QuickBooks Online, the Pro version has seen a steady demise. That is because QuickBooks online provides the same features Pro does, minus phone support. Since the online version is more accessible than a desktop version of QuickBooks, it’s advised to switch from Pro to Online as soon as you can.

QuickBooks Premier


If your business is growing large and you are not the only person who is managing the finances of the company, then Premier is the software for you. It has the same functionality as QuickBooks Pro but also includes specific features needed for a bigger business such as manufacturing, nonprofit, professional services, and retail.

QuickBooks Enterprise


If you want your entire business to be managed by QuickBooks, then Enterprise is just right for you. Enterprise is the software to choose for account managing, payroll, payments, inventory, customers, reports, and vendors. QuickBooks Enterprise is used by large businesses that feature more than one department. It has the 6x the capacity of either Pro or Premier and can be managed by up to 30 users.

No matter what version of QuickBooks you are using, it is necessary that you keep up to date on the latest versions. This is so you have access to all the latest features that Intuit releases to make accounting easier for you, as well as patch any vulnerabilities to keep your information safe. For more information about QuickBooks or what software is best for your business, contact us here at Lucia CPA today.

Trackback from your site.

Leave a comment

Testimonials

Bookkeeping and Accounting Testimonials

  • "Working with Lucia & Company has been really great and has really helped our company. Lori is wonderful and we are very thankful for her services! Thank you, guys!"

    - Mark L.
  • "I have used Lucia and company for over 15 years.  They are excellent."

    - Lonno G.
  • "Lauri and her team are very professional, and knowledgeable when it comes our accounting needs.  In addition, they go above and beyond for our business/personal tax services. "

    - Darren L.
  • "This team has been taking care of my needs both professionally and personally for 30 years. They are professional and competent. I strongly recommend them."

    - Adam H.
  • "If you need an accountant, help with quickbooks, or advice on setting up your books, this is the firm to go to.  Laurie and her staff are quick and thorough -- they go above and beyond the call of service."

    - Jacki E.

Office Directions

Riverside CPA Tax Accounting Office

San Bernardino Office

1887 Business Center Dr. Suite #4A
San Bernardino, CA 92408

Riverside Office

(By Appointment Only)
3576 Arlington Ave #200
Riverside, CA 92506

(800) 614-0139


1887 Business Center Dr. Suite #4A, San Bernardino, CA 92408 (800) 614-0139
Copyright © 2016 Lucia & Company CPA's
Web Design by ACU Web