When it comes to the number of users and the popularity of
accounting software then nothing can beat the very useful QuickBooks software. Developed and marketed by Intuit,
this steadfast accounting software offers accounting solutions for the most
complicated and time taking financial operations.
In order to make the software suitable for different types
and size of businesses, Intuit has a wide variety of accounting software versions
like QB Pro, QB Premier, QB Enterprise, QB Accountant, etc.
But many people get confused when it comes to choosing the software and therefore in this blog post we will be looking at some of the
parameters on the basis of which you can choose the perfect accounting software
version for your business.
Number of users
This is the most important factor which you need to look
upon while choosing accounting software. The number of users whom you want to
give access to the software plays a great role in helping you decide which
QuickBooks version is right for you. For example, the QuickBooks Pro offer
maximum 3 users, QB Premier offers maximum 5 users while the most advance
Enterprise offer maximum 30 users. So,
firstly decide on the number of users and then look for the right accounting
software version.
Yearly business
Another aspect to look upon while choosing the right version
of the QB software is to analyze and look at the yearly business which your
firm is doing. The Pro version is suitable for small firms that are doing a yearly
business of around $1 million while on the other hand, if your firm is
generating a business of around $1 million and it is a medium sized business
then you should go with the QuickBooks Enterprise. And anyone lying between these
two parameters should go with the Premier version and also when you are dealing
in a niche industry.
Features
The next thing to analyze before coming to the decision of
the accounting software for your firm is the different features offered by
these accounting software versions as each one has its own advantages. Like if
you are looking for the option of advanced inventory with an accountant toolbox
then you will get it only in the QuickBooks Enterprise while if you are looking
for industry specific versions with other features such as creating sales order
and bill of materials then your best choice can be the Premier version.
But if your requirements are very basics, then the ideal
choice would be the Pro version.
Expertise
Last but not the least, your business expertise is another
major factor to look upon while deciding upon the version of QB. If you are a
professional bookkeeper and accountant then your best accounting partner can be
QB Accountant because it offers the most advance accounting tools which can
come in handy for professional accountant and bookkeepers. But if the
requirements are anything else than this then one can choose from Pro, Premier
and Enterprise.
Choosing the right version of accounting software should be
a major part of your accounting plans as it can decide on the level of
advantages which you will get from the software. So don’t rush while making the
decision and look for the above-mentioned parameters while choosing the version
of QB software for your business.
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