QuickBooks Premier

QuickBooks Premier Desktop helps you organize your business finances all in one place so you can complete your frequent tasks in fewer steps. Premier helps you stay on top of invoices, manage expenses, and be ready at tax time with reliable reports.

Why use QuickBooks Premier?

QuickBooks Premier has all the same great functionality that QuickBooks Pro has and more. QuickBooks Premier provides tools specific to your industry: Manufacturing & Wholesale, Contractors, Nonprofits, Professional Services, and Retailers. Some additional features to QuickBooks Premier include managing all inventory items via Inventory Center, setting up classes for tracking financial data separately by location, department or business. With QuickBooks Premier you can invoice clients progressively by job phase, by time and material or percentage of completion.

QuickBooks Premier has industry-specific reports

Premier Contractors Edition

Easily see which vendors need to be paid by creating job cost details by vendor and unpaid bills by job reports.  You can even customize job cost reports to see your profits on a detailed level.

Premier Non-Profits Edition

Create your end of year donor report to see biggest donors or grants, or each donors contributions totals as needed.  Keep on track with your budgeted plan using non-profit budget vs. actual by programs report. Create the IRS 990 form, Statement of Functional Expenses, which identifies your expenses for presentation to your board, major donors or the IRS.

Donors/Grants Report

QuickBooks Premier Non-Profit Donors and Grants Report Screenshot

Statement of Functional Expenses – Form 990

QuickBooks Premier Non-Profit Statement of Functional Expenses – Form 990 Screenshot

Premier Professional Services Edition

Track unbilled time and expenses by employee, project, service or client to be easily added to an invoice for emailing. Define which projects are most profitable with billed vs. proposal by project report.

Premier Manufacturing & Wholesale Edition

Run the sales volume by customer report to see which customers are bringing in the most sales. The profitability by product report can give you insight on which products to keep and promote and which to no longer sell. Open sales order report will show which orders still need to be fulfilled and you can prioritize orders to move out first. Track inventory reorder point by vendors reports to see which items need reordering.

Sales Volume by Customer Summary Report

QuickBooks Premier Manufacturing and Wholesale Sales Volume by Customer Report Screenshot

Profitability by Product Report

QuickBooks Premier Manufacturing and Wholesale Profitability by Product Report Screenshot

Premier Retailers Edition

Sales summary form keeps sales by total payments, taxable or nontaxable sales per time period of your choosing to see your sales results. A quick look at purchase volume by vendor report to see which vendors you are purchasing the most.

Benefits of Industry Editions of QuickBooks Premier

Accountants
Professional
Services
ContractorsNonprofitMfg
Wholesale

Create Professional financial GAAP statements and supporting documents using familiar, spreadsheet-like tools. Create title pages, compilation letters, footnotes. Start with over 20 layouts and customize each clients financial statements-(additional Software purchase required -$150)

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Working Trial Balance with workpaper reference columnx
Customized set-up including Chart of accounts developed for your industry, forms, and reports for your industryxxxx
Specific Help topics, written by an industry expertall help topics for all industriesxxxx
Customized reportsall industry-specific reportsx
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A sample company file with two years of dataxxxxx
Client Data Review- NOT just for accountants! Perfect for easy month end review to make sure you have been doing things right!x
Track and print change ordersxx
Create invoices in letter format using Microsoft Wordxxxxx
Integrated fixed asset manager- calculates depreciationx
Special AJE function provides traditional Adjusted Trial balance & an AJE report. Works with add-on Financial statement reporter softwarex
Closing Date Exception report listing all changes made prior to the closing datex
Toggle between Simple Start, Pro, and all Premier industry-specific editions. Easily see features of allx
Review in one window how much of an inventory item  is on hand, how much has been committed to customers, amt expected on POs, and how much is pending for builds (also included in Retail Edition)
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An improved bill of materials that includes (total cost to produce) with the ability to factor in overhead costs such as labor, supplies, and depreciation (also included in Retail edition)
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Backordered functions for sales orders and purchase orders (also included in Retail).
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Sales order fulfillment worksheet (window) shows all open orders based on criteria important to you such as oldest orders,  shippable dollar amount, or by customer.  Customize whether you want to allow partial shipments or only complete orders. Select the orders you want to ship, then batch-print pick lists, packing slips or invoices.(also included in Retail)
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Purchase and sell the same item in different units of measure. Pricing for the multiple units of measure is based on the base item price which is the smallest unit of measure.

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Manage subcontractor insurance. For each vendor, you can record expiration dates for workers comp insurance and general liability. When you create a sales or purchase form that reference the vendor, QuickBooks will display a warning if the vendor’s Insurance has expiredx
Special notesRemote Access gives accounting professionals the ability to access and work on their clients’ QuickBooks files from a remote computer with client permission.Track billed and unbilled time by person, project or activity.
Billed vs. proposal by project report. Expenses not assigned to projects & unbilled exp. by project reports
Great reports:
Expenses not assigned to Jobs.
Unpaid bills by job.
Unpaid job bills by vendor.
Job costs by vendor & Job.
New -Cost to complete
Job costs detail.
Job estimates vs. Actuals
Customized letters that integrate with the donor/ member list in QuickBooks to Word letter writing softwareDocument materials that do not meet specs.
with the non-conforming materials worksheet
Capture and enter defective materials details.
Inventory Reorder
report by vendor

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