QuickBooks Premier, a product of Intuit, is an all-in-one accounting solution designed for small to mid-sized businesses that require specialized functions where up to 5 users can use the software. It comprises of all the features of QuickBooks Pro plus some additional features.
QuickBooks Premier has different versions that offer tailor-made features for specific industries. You can choose among diverse industry types like general business, general contracting, professional services, retail, non-profit, and wholesale & manufacturing, specific to your business.
Intuit keeps updating the software every year to increase business efficiency. The latest update for QuickBooks Premier 2020 is out with some useful additional features like plug and play, bill tracker, smart search, reports filter, and more for better business growth.
Let’s check out what’s new in QuickBooks Premier this year:
| Features | 2020 | 2019 | 2018 |
|---|---|---|---|
| New! Automatic Scheduled Payment Reminder feature to schedule reminders for customers whose invoices are due | Yes | ||
| New! Ability to add PO numbers in the email subject lines | Yes | ||
| New! Consolidation of multiple invoices into a single email | Yes | ||
| New! Smart help feature by pressing “F1” key | Yes | ||
| New! More reliable file transfer amongst CPAs and customers | Yes | ||
| New! Collapse or Expand columns to read customer totals | Yes | ||
| New! Simplified file search option | Yes | ||
| New! Easy payroll setup with employee self-setup | Yes | ||
| New! Payroll status for direct deposit | Yes | ||
| New! Cycle counts with advanced inventory (Platinum Subscription) | Yes | ||
| Improved! QuickBooks Version Upgrade | Yes | ||
| Easy Transfers/Upgrades of QuickBooks Software on New Computers | Yes | ||
| Significantly Reduce File Size Without Data Loss | Yes | ||
| Customizable Inventory Reports | Yes | ||
| Payroll liability Reminder | Yes | ||
| Access across Multiple Monitors | Yes |
QuickBooks Premier 2020 release is power-packed with improved features to help small and medium businesses and accountants simplify their accounting operations. However, the choice to upgrade to the latest version is yours, depending upon your business requirements.
To get remote access, advanced security, and team collaboration features, you can also host your QucickBooks Premier on the cloud.
Do you wish to upgrade to QuickBooks Premier 2020, or have any questions about it? Chat with our solutions consultant at +1-855-223-4887.
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