QuickBooks Pro Plus, Premier, and Enterprise: What’s the difference?

Intuit has always offered the best services of QuickBooks that are available. However, the services can vary depending upon the different versions that are there.

Among QuickBooks, Pro Plus, Premier, and Enterprise, which one is the better one? Which is the more reliable one? Let’s discuss the difference.

What is QuickBooks Hosting?

QuickBooks Cloud Hosting gives you a platform for growth and sustainable work skill. The cloud ecosystem that allows you and your team to access all of the accounting program’s tools and capabilities when it is also benefiting from flexibility, dependability, and security. Through QuickBooks hosting all of this is provided at a minimal rate.

This can allow you a specialized personal work system that happens because of a multi user cloud hosting system. With the connection of a stable internet it gives you the ability to host your data from all around the world.

QuickBooks can help you keep a check of your most important data like transactions, invoices, etc. If you use the advanced version, it will always give you an upper hand in work.

Now that you know what QuickBooks hosting is, Let’s start with the basic understanding of QuickBooks pro, QuickBooks premier, and QuickBooks Enterprise

What is QuickBooks Pro?

This is one of the most basic versions of QuickBooks. Being a basic version, it includes everything that businesses need for their basic transactions such as billing, invoicing, tax payments etc.

This seems to be an affordable accounting solution for companies with up to three users. As compared to QuickBooks editions, it won’t require any overhead cost and make your budget unbearable.

With the QuickBooks Pro Plus you get to experience a lot of features. This includes features like monitoring your data, or keeping a track of your transactions and reports, management of your inventory, etc. To create a smooth working system, it allows users to develop a rule-based customer group that can automate updates so that you don’t have to be worried about it.

Additionally, QuickBooks pro plus is considered to be the most affordable accounting software in the market.

What is QuickBooks Premier Plus?

If you have an industry specific business or a business that requires additional features, this might be an excellent choice for you. QuickBooks Premier Plus can support up to 5 users and offers specialized editions which are tailored to retail, customization, manufacture, non-profit, and contractor services. Since these are tailor made editions they further offer more benefits like ability to track bills, manage inventory, monitor data etc.

With QuickBooks Premier Plus, users can create multiple invoices per customer every month. This will help in creating flexibility in the bills. Users can manually input for each customer monthly instead of having only one invoice template as part of the billing system.

What is QuickBooks Enterprise?

If you are someone who has a business which is set on a large scale then QuickBooks Enterprise will be an appropriate choice for you. Enterprise version best fits businesses that are present in multiple locations and supports at least 35-40 users It is known to serve various industries, from contractors, to wholesale, manufacture etc. QuickBooks Enterprise enables business owners to set their roles and permissions for each user according to tier needs.

QuickBooks enterprise is an advanced version and can support multiple users. It is also known to provide distinct features like:

• An integrated payroll solution where you hire and manage your employees directly through QuickBooks.
• With the ‘payroll’ feature, you can create the payroll at once without re-entering again and again in the same payroll database. This helps in making your work efficient and reducing mistakes.
• With the aim to match the requirements of various industries, QB enterprise is trying to increase the scalability of its server. With the recent development, it can manage up to 100,000 inventory items. Additionally, it is available in four models- Gold, Silver, Platinum, Diamond.

Which QB version is going to suit you?

Which is better? QuickBooks Pro Plus or QuickBooks Enterprise

Functionality is one of the distinct features between QuickBooks Pro Plus and Enterprise. QuickBooks Pro is the most basic version of QuickBooks Desktop. It only fits best if you have up to three simultaneous users.

On the contrary, out of the three versions, QuickBooks enterprise is quite the most expensive version out of the three QuickBooks variants. Businesses which cannot work more on anything except advanced QuickBooks versions, should choose the QuickBooks Enterprise.

Here we are highlighting some of the key features in both the QuickBooks versions.

QuickBooks Pro Plus

• Main Users: Small scale businesses
• Key Features: Basic features like small scale accounting, invoicing, reporting.
• Users: Limited to 1-3 users.
• Data Limitation: Quite limited data capacity.
• Scalability: Businesses which are small in size and require simple accounting needs.
• Cost-Friendly: Lower cost required as compared to Enterprise.

QuickBooks Enterprise:

• Main Users: Complex medium or large-scale businesses with difficult accounting needs.
• Key Features: It includes all the heavy services like advanced invoicing, inventory management, advanced reporting, etc.
• Users: Supports a lot of users (ranges from 35-40 users)
• Data Limitation: Can store large scale data. Has higher data capacity.
• Scalability: Enables different routes for growing businesses.
• Cost-Friendly: Considering all the advanced features, it also comes at higher cost.

QuickBooks Premier Plus vs Enterprise:

Both Premier Plus and Enterprise are two powerful accounting software options that are available in the market. While both the versions work efficiently and provide us with advanced features, it is also that they are designed for specific purposes. According to your needs, you can decide what to choose:

QuickBooks Premier Plus:

• Main Users: A little more complex than pro, also used for small and medium sized businesses.
• Key Features: Handles basic to medium tasks like manufacturing, contracting, monitoring etc.
• Users: More than 3 but less than 5.
• Data Limitation: A little higher capacity than the pro version.
• Scalability: As a growing business, it offers more specialized features in specific industries.
• Cost-Friendly: Not that expensive, still a little higher than pro.

QuickBooks Enterprise:

• Main Users: Complex medium or large-scale businesses with difficult accounting needs.
• Key Features: It includes all the heavy services like advanced invoicing, inventory management, advanced reporting, etc.
• Users: Supports a lot of users (ranges from 35-40 users)
• Data Limitation: Can store large scale data. Has higher data capacity.
• Scalability: Enables different routes for growing businesses.
• Cost-Friendly: Considering all the advanced features, it also comes at higher cost.

QuickBooks Pro Plus vs Premier Plus:

Even in small businesses, it is important to have proper functionality and industry specific features. QuickBooks Pro Plus and QuickBooks Premier Plus both offer similar features yet there are certain differences that you must be aware of.

QuickBooks Pro Plus

• Main Users: Small scale businesses
• Key Features: Basic features like small scale accounting, invoicing, reporting.
• Users: Limited to 1-3 users.
• Data Limitation: Quite limited data capacity.
• Scalability: Businesses which are small in size and require simple accounting needs.
• Cost-Friendly: Lower cost required as compared to Enterprise.

QuickBooks Premier Plus:

• Main Users: A little more complex than pro, also used for small and medium sized businesses.
• Key Features: Handles basic to medium tasks like manufacturing, contracting, monitoring etc.
• Users: More than 3 but less than 5.
• Data Limitation: A little higher capacity than the pro version.
• Scalability: As a growing business, it offers more specialized features in specific industries.
• Cost-Friendly: Not that expensive, still a little higher than pro.

How to decide which version is more appropriate for you?

Choosing the right version of QuickBooks is very important. Your business’s entire growth and setup is based on it. So here are certain factors that needs to be considered while making a decision:

• Business size and functionality: The size of your business plays an important role for your server. If you have a small-scale business which only has basic accounting needs, then QuickBooks pro is well suited for you. If you have a medium sized business then Premier plus offers industry specific functions. The Enterprise is made for large organizations with complex needs.
• Functions and features: If you have a business that is operated in a specific industry, for instance, non-profit, retail, etc then QuickBooks Premier Plus will be an appropriate choice as it offers industry specific options.
• User Access Limit: There are different numbers of limits of user access that are given according to the version you decide to use. QuickBooks Pro Plus can take up to 3 users however QuickBooks premier plus offers 5 users. If you wish to exceed the limit then the Enterprise version should be appropriate for you.
• Reports & Analysis: All the three versions provide you with a specific reporting and analysis function. QuickBooks Pro offers a reporting functionality of over 100 pre-built reports. Including industry specific options QuickBooks Premier Plus expands with over 150 reports. On the contrary, QuickBooks Enterprise offers 200+ built in reports. It provides by applying filters, adding or removing data etc.
• Inventory Management: QuickBooks Pro Plus comes with basic inventory options, QuickBooks Premier plus comes up with more advanced options like inventory control, sales purchase etc. With QuickBooks Enterprise, it comes with the options of a large scaled business.
• Cost Management: Your most affordable option can be QuickBooks Pro Plus. It is the best option for a small scale business. QuickBooks Premier Plus and Enterprise may give higher and better functions but are also expensive.

Now, before making your decision please remember these basic points. Moreover, make sure to do your own research as well.

Frequently Asked Questions (FAQs)

1. What is the main difference between QuickBooks Pro Plus, QuickBooks Premier Plus and QuickBooks Enterprise? 

QuickBooks Pro Plus is designed for small businesses with basic accounting needs, QuickBooks Premier Plus is designed for medium businesses with more complex accounting needs, QuickBooks Enterprise is made for large businesses with complexity of accounting needs.  

• Is it possible to upgrade from QuickBooks Pro Plus to QuickBooks Premier Plus or Enterprise?

Yes, it is possible for you to upgrade your QuickBooks pro plus into any premier plus or enterprise. All you need to do is just visit Intuit and follow the straight forward upgrade method. 

• Are there any limitations to the number of users in each version? 

Yes, there is a limitation to the number of users in each version. QuickBooks pro plus allows a limit of 3 users, QuickBooks premier plus allows a limit of 5 users. However, The Enterprise version allows more than 40+ users. 

• Do we have any maximum company size limit for the files stored? 

Both QuickBooks pro plus and QuickBooks premier plus have a limit up to 150 MB. However, The Enterprise version allows you to store much larger files. 

• Are there any differences in the structure of pricing between the three software?

Yes, there are differences in the structure of pricing. Between the three software available, QuickBooks Pro plus is the cheapest, then QuickBooks premier Plus is a little expensive and QuickBooks Enterprise is quite expensive.