QuickBooks Premier Software

4.39 / 5 (63)

About QuickBooks Premier


QuickBooks Premier is an on-premise accounting solution that enables users to prints checks, pay bills and track expenses. The solution offers features to track sales, customer payments, manage payrolls and payroll taxes and create invoices and forms. To cater to industry specific needs, QuickBooks Premier has five editions: Contractor, Nonprofit, Retail, Manufacturing and Wholesale and Professional Services.

QuickBooks Premier includes pre-built reports, customized terminology and navigators for each industry. Organizations can control access to information by implementing individual user permissions and track expenses by client, project, service and employee. Users can import contacts and other accounting data from Excel to QuickBooks.

Some of QuickBooks' Premier-only features include creating a forecast, creating a business plan, an analysis tool, remote access, tracking inventory assemblies and sales order reports. Services are offered on a one-time payment or annual subscription basis for the specific number of users. Support is available via online training classes and live chat.



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Supported Operating System(s):

Windows 7, Windows Vista, Windows XP, Windows 2000, Windows 8, Windows 10

63 Reviews of QuickBooks Premier

Average User Ratings

Overall

4.39 / 5 stars

Ease-of-use

4.5

Value for money

4.0

Customer support

4.0

Functionality

4.0

Ratings Snapshot

5 stars

(32)

4 stars

(24)

3 stars

(6)

2 stars

(1)

1 stars

(0)

Likelihood to Recommend

Not likely

Very likely

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Showing 1-20 of 63 reviews

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August 2016

Chris from Burlington Merchandising and Fixtures


Ease-of-use

5.0

Value for money

5.0

Customer support

2.5

Functionality

2.5

August 2016

Not for the long-haul (canadian version)

Pros

Ease of use, and very quick to learn. This version allows up to 5 concurrent users.

The audit trail and stock reports are very user friendly with plenty of filters. Expect a very quick turnaround training new staff and getting them up to speed, as the interface and functionality is hard not to grasp.

Since this is the premier version, I was not assigned an account rep. There is also a toll free line overseas for any technical/database bug issues.

I did like the support for merchant services and the support given for if we were to upgrade. The only real (noticeable) difference between this and the enterprise version is slightly less options for role centre "customization" and being capped at 5 concurrent users.

In the Canadian version, plugging in to SQL server is the way to go in order to obtain custom reports.

Cons

The role centers "handcuff" users to certain roles. When it comes to the general ledger, the "all-or-nothing" functionality doesn't allow the controller to shut off access to certain parts of the financials. Ideally, the controller should be able to define a role center to allow posting/viewing in certain account groups and not to others.

Inability to approve and subsequently lock down POs and SOs. Once a PO/SO gets issued, a user with basic access can always change unit costs and quantities. This hinders the business' scaleability.

The Canadian version no longer allows the user to compress the data file in previous periods. This may be frustrating for companies who rely on lengthy journal entries, as the database file size will exponentially grow.

If you are a job shop (or project-based company), do not expect much in terms of job-cost reporting. The software is limited to populating a customer field when posting an expense. You will have to manually set up jobs as customers and instruct staff to classify expenses under the proper subgroup.

October 2017

Michael from MC Tax Consulting

Company Size: 1 employee

Review Source


Ease-of-use

4.0

Value for money

3.0

Customer support

3.0

Functionality

3.0

October 2017

QB Premier Desktop

Quickbooks (QB) Premier is the top line version of QB and has many industries that it customized for. Sometimes you can buy one then select your industry in which you'll be lock in or buy the specific one for your industry. It's also the most expensive version of QB. The accountant edition is the Top line version and has access to all industries but it doesn't necessarily work that well when switching between industries. People using the 'cash basis' will find QB easy to use. Once you use the 'accrual' method along with invoicing, things get messy VERY EASILY! PEOPLE MUST LEARN HOW TO USE QB PROPERLY BUT DO NOT!! THE FAULT OF A MESSY QB FILE IS THE OWNER(S), NOT THE BOOKKEEPER/ACCOUNTANT! PAY SOMEONE TO FIX YOUR QB FILE IF POSSIBLE! Payroll module is available at an cost but it's NOT very good. Outsource to an external payroll company for payroll instead! When people say that they only use QB to track their expenses/income like a check book but DO NOT use it for anything else, then there's TROUBLE!

Pros

Relatively simple to use, though users MUST LEARN how to use QB PROPERLY!!
Ready made Generic reports

Cons

EXPENSIVE!
Garbage in, garbage out! Don't blame software when MAJORITY of mistakes are done by Users NOT KNOWING WHAT THEY WERE DOING!!
MUST learn to use the software properly!
Software support/life has been reduced to ~3 yr cycle.
Online bank feeds don't work 100% so must pay attention to what is (not) imported from online banking account!
Many features are BURIED within menus and submenus!!
Client files are ONLY compatible with the previous yr's version instead of ALL Years versions (i.e. 2017 file may be opened in 2016 but not any older year versions) like it used to be YEARS ago!
Compacting files do NOT work well as it screws up the beginning balance after it compacted and many client accounts are messed up as well. Need this feature to remove MANY Years worth of OLD financial data!
Payroll module is available at an additional cost with an ANNUAL fee!

September 2018

Karla from Altitude Financial Services LLC

Company Size: 2-10 employees

Review Source


Ease-of-use

5.0

Value for money

4.0

Customer support

4.0

Functionality

5.0

September 2018

Depends on what you need

I have used this for many, many years and still like it a lot. But I don't know how long desktop solutions will be around given the stampede to cloud-based subscription software.

Pros

You are not dependent on internet to make use of it, and as it has developed over the years it has many easy to use features, and special accountant tools. I like the desktop data flow reminder for clients to help them understand how to use the product. Each year they release a new version with new or improved features, and there are regular maintenance releases. You can choose one of the industry specific versions of QB Premier that best meets the needs of your business. Setting up a company file can be very easy if you know what you are doing.

Cons

This is a desktop software that you have to replace with updated versions. After 3 years you no longer are able to get support or updates (each May a year gets "sunsetted") though it will still work. It is not easy to work with your accountant without sending files unless you pay for a hosting solution. Naturally, if you don't have it backed up frequently away from your local computer, you can lose your data in a crash and may not be able to recover it. Bank feeds for automated data entry usually incur bank charges, which is not true in QuickBooks Online.

July 2017

Kim from Action Lock - South Georgian Bay

Company Size: 2-10 employees


Ease-of-use

3.0

Functionality

4.0

July 2017

Quick books looks after (almost) everything I could possibly need for me to run a business, it is just taking me a bit of time to learn.

Overall, I am very happy with quick-books. I miss the simplicity of WAVE sometimes, but love how quick books manages my inventory, ordering needs, purchase orders, sales receipts, email, logo's, etc. I would probably have benefited from a class first. Having started using it, I would never go backwards again and give it up. It is part of the company now. One of us!

Pros

Pretty much everything needed to run a business is in quick books. Love how everything is mapped out on the home page. Was trying to run small business with "WAVE" and Excel. We were doing it but it was hard to keep track of everything. Love having a program that manages everything you could possibly need all in one place. Lots of help available on line (great), if you know what the problem is and where to look for the answer.

Cons

When a mistake is made, trying to find the mistake and fix it can be quite difficult. My Mistake: Figuring out what has to be voided or deleted before I can void or delete something else. Figuring out what the mistake was, knowing where to look for it ( I have entered a couple of entries twice. One as an invoice that was paid, and one as a sales receipt. When I was doing a search for the sale, because they were entered differently ...when I did a search for the sale amount both transactions wouldn't show at the same time. They only looked for INVOICE, or BILL etc- It wouldn't search for amount in two different ways of billing. Both of them had been deposited before I realized I was wrong. Boy did I spend a lot of time 1st figuring out what had happened , then 2nd figuring out how to fix it so everything reconciled. There is a lot of "help" available on line, so long as you know what you are looking for. Would be great if there was free learning available on line in video form to watch while you do.

October 2017

Jaunett from Custom Payroll & accounting

Company Size: 2-10 employees

Review Source


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

October 2017

Really good value

QuickBooks has a "double edge sward" in that it is easy to manipulate. If you know accounting, it is a good thing. If you do not know accounting, is is a bad thing.

Pros

The different modules are designed so that tricks in one module work in other modules. Reports are easily manipulated to produce the information I need. I can easily adapt chart of accounts to fit the needs of my client. I love the accountant transfer system. I can work on client's books from my office. They release updates often and are always improving the software.

Cons

My clients can make changes to accounts and reports that messes up the financial statements. QuickBooks allows changes too easily for people who do not have an accounting background. QuickBooks does not produce an Income Statement, I have to adapt a Profit and Loss statement if I want that report. The financial are not formatted so that they look nice.

February 2018

Jen from Quantum Business Solutions, LLC

Company Size: 2-10 employees

Review Source


Ease-of-use

5.0

Value for money

5.0

Customer support

3.0

Functionality

5.0

February 2018

Quickbooks Premier

It's a very easy to use software. You can easily customize reports, comment on reports, export reports in Excel format, customize all types of needs. It integrates with Outlook easily. I would highly recommend this software if you are an accountant or bookkeeper or in need of a specialized set up of a type of business. If you don't need these items, I would then go to Quickbooks Pro which will do everything you need and cost 1/3 of the money yearly for renewals.

Pros

Overall the product has more reports than Quickbooks Pro, but otherwise they are very similar. It allows for more specialized types of companies to set up such as Contractor version, Property Management version etc... If you set up as an accountant or bookkeeper with Intuit, they will refer business to you.

Cons

It's about 3 times the price of Quickbooks Pro costing per year to renew. There aren't really any downsides to the product otherwise.

July 2018

Dennis from Innovative Green Builders, Inc.

Company Size: 2-10 employees

Review Source


Ease-of-use

5.0

Value for money

5.0

Customer support

4.0

Functionality

5.0

July 2018

Terrific Software to Tracking Business Health in Specific Industries

This software has been really great to use. It's very good in the construction industry but also works well in property management! It can do everything from estimates to billing to payroll.

Pros

This software is very easy to use ...even with payroll capability. It works using various registers for each account. It also comes with a variety of reports that are very helpful in evaluating business processes...like job profitability in the construction industry. It comes complete with online videos of "how to" perform various functions like setting up accounts and billing. You simply cannot go wrong with this software.

Cons

Sometimes the automatic backup fails to work, but they always manage to get it back up and running. The backup is off-sight in the cloud and occurs with whatever frequency you choose.

April 2018

Jody from UPstream Iintl.

Company Size: 2-10 employees

Review Source


Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

3.0

April 2018

Has basic functionality, not very intuitive and somewhat buggy.

The software works okay, but I feel it is lacking in many respects. And the bugs and data errors are extremely frustrating.

Pros

Allows you to categorize sales and expenses by class.
Can export data for manipulation and reporting in Excel.
Does direct deposit payroll.

Cons

Bug: doesn't let user select "check" as payment type.
Not very intuitive for a lot of it. For example, if you issue a credit to a customer, you can't apply it to any of their invoices unless the credit is issued through the same receivable account. It should at least recognize that there is a credit available for that customer.
Lacking in reports. We use it for a non-profit and have the non-profit version - but there is no report, out of the box, that allows you to quickly see what is available to spend for each project (identified as a class). You can start with the balance sheet, but have to calculate what's available. And donor contribution reports are also not readily available in a format ready to send, or export.
Frequently has data issues and needs to rebuild the data files.

December 2017

Aleshia from Hoel Engineering Ltd

Company Size: 2-10 employees

Review Source


Ease-of-use

3.0

Value for money

3.0

Functionality

3.0

December 2017

Overall Good

Generally happy

Pros

Has lots of additional features within the payroll section, like using weekly timesheets to enter payroll hours, that if used properly can help streamline invoices and ensure accuracy with billable hours. There's lots of other apps that are compatible and sync up with Quickbooks too. Love being able to add Classes to separate out the divisions in our company.

Cons

Unfortunately some records don't allow or don't carry over the class function. For example, a classified invoice gets paid but the payment doesn't get classified, so when you try pulling balance sheets by class the A/R only has the invoices and not payments, giving a super off number and in a big company you're not about to calculate that manually.
Can also be touchy when looking at old payroll records so you need to be trained on what not to do or what to watch for.

July 2018

Jennifer from ROK Builders

Company Size: 1 employee

Review Source


Ease-of-use

4.0

Value for money

4.0

Functionality

3.0

July 2018

Quickbooks Premier based of 2018 Edition

Pros

Like all of QB's editions, it is very easy to use and navigate. If