If you
work in one of the industries covered by QuickBooks Premier, you can get
additional features unique to your industry. (When you install QuickBooks Premier,
you choose the industry version you want to run. If your business is in an
industry other than one of the five options, choose General Business.) Some
people swear that these customizations are worth every penny, whereas others
say the additional features don’t warrant the Premier price. On the QuickBooks
website ( http://quickbooks.intuit.com/premier ), you can tour the Premier
features to decide for yourself. Or you can purchase QuickBooks Accountant,
which can run any QuickBooks edition, from QuickBooks Pro to the gamut of
Premier’s industry-specific versions.
Here are
the industries that have their own Premier editions:
• The General Business edition has Premier
goodies like per-item price levels, sales orders, and so on. It also has sales
and expense forecasting, the Inventory Center, more built-in reports than
QuickBooks Pro, and a business-plan feature.
• The Contractor edition includes features
near and dear to construction contractors’ hearts: job-cost and other
contractor-specific reports, the ability to set different billing rates by
employee, and tools for managing change orders.
• Manufacturing & Wholesale is
targeted at companies that manufacture products. Its chart of accounts and
menus are customized for manufacturing and wholesale operations. You can use it
to manage inventory assembled from components and to track customer return
merchandise authorizations (RMAs) and damaged goods.
• If you
run a nonprofit organization, you know that several things work differently in
the nonprofit world, as the box on page xxi details. The Nonprofit edition of QuickBooks includes features such as a chart
of accounts customized for nonprofits, forms and letters targeted to donors and
pledges, info about using the program for nonprofits, and the ability to generate
Statement of Functional Expenses 990 forms.
• The Professional Services edition (not to
be confused with QuickBooks Pro) is designed for companies that deliver
services to their clients. Unique features include project-costing reports,
templates for proposals and invoices, billing rates that you can customize by
client or employee, and professional service– specific reports and help.
• The Retail edition is customized for retail
businesses. It includes specialized menus, reports, forms, and help, as well as
a custom chart of accounts. Intuit offers companion products that you can
integrate with this edition to support all aspects of your retail operation.
For example, QuickBooks’ Point of Sale product tracks sales, customers, and
inventory as you ring up purchases, and it shoots that information over to your
QuickBooks company file.
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