QUICKBOOKS – Which version is right for you?
Many software packages come and go. Some are here to stay. For the next 8 weeks, we will review some of the more popular software packages used by small businesses. Our first feature is on the QuickBooks family of products offered by Intuit. Whether you are about to start a business, or already operating a business, QuickBooks is one of the most popular options available. Before you determine which version to use, first, due a thorough assessment of your needs (see my article titled “Which software is right for your company)
QuickBooks has several versions to choose from. For the new business owner, just starting out, you might consider Simple Start or Pro. These two will do the basic entries such as tracking sales and expenses, printing checks, and creating customer invoices. However, Pro has the capability to do more complex and detailed transactions such as tracking and managing inventory. From a cost standpoint, Simple Start is the least expensive.
The Premier version offers a line of specific packages for the following industries: General Business, Contractors, Manufacturing & Wholesale, Professional Services, Non-profits, and Retail. This version is the next step up from Pro. It includes additional features such as; business plan templates, forecasting sales & expenses, and customized industry specific reports. The Premier version is also packed full of templates for creating customized invoices and letters
At the top of the ladder is the Enterprise version. Think of it as the next phase of the Premier version, but on steroids. This version is truly powerful. It can handle up to 2 million transactions. Wow! What a data overload! With multi-currency capabilities, you’re able to add up to 30 simultaneous users on the system. This is definitely for the multi-million dollar company.
For the virtual novice, QuickBooks also offers you an online version. Complete access to your files regardless of location. Just simply log in with a password and everything is at your finger tips. Just as if you were in your own office. This version is great for those who travel. And let’s not forget Mac users (yes, they still exist). QuickBooks has a version for them also.
So here we have it; the family of QuickBooks products. But remember, no software is complete without forms and supplies. QuickBooks offers an array of supplies to help give your business an individual professional look. And get this; most versions come with a 60 day money back guarantee. So, if it’s not the software for you, just return it for a complete refund.
Join me for our next discussion on the Peachtree family of software.
Here’s to your success!
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