Why You Should Upgrade to QuickBooks Enterprise from Pro or Premier
If you are currently using QuickBooks Pro or Premier, upgrading to QuickBooks Enterprise could be a game-changer. Here’s why.
Core Features: Why Upgrade to QuickBooks Enterprise?
QuickBooks Enterprise is packed with over 20 core features that Pro and Premier simply don’t offer. These advanced capabilities are designed to support growing businesses with larger data needs, more users, and robust operational requirements.
1. Handle Bigger Data and Larger Lists
- Pro and Premier cap out at 14,500 list names (customers, vendors, employees, items, and accounts), while Enterprise has no limit.
- Pro and Premier files can become sluggish as they approach 250MB, but Enterprise is built to handle much larger company files with ease.
2. Optimized for Multi-User Access
- Pro supports up to 3 users, and Premier supports up to 5. Enterprise, however, accommodates up to 30 users, making it perfect for growing teams.
- Enterprise also offers role-based security, allowing you to set task-specific permissions for users—something Pro and Premier lack.
3. Customization for Better Data Management
- Enterprise provides up to 15 custom item fields and 12 custom name fields, compared to Pro and Premier’s limits of 5 and 7, respectively.
- These fields can include dropdown menus, formatted inputs, and more, allowing businesses to capture and filter data tailored to their needs.
4. Advanced Inventory and Sales Features
- Enhanced Inventory Receiving separates the receiving process from accounts payable, improving accuracy.
- Features like Automatic Purchase Orders help maintain optimal stock levels by auto-generating POs based on minimum and maximum reorder points.
- Disallow Negative Quantities ensures inventory errors are caught before they happen, preventing sales of unavailable stock.
5. Powerful Reporting and Automation
- With Advanced Reporting, users can create fully customizable reports for better business insights.
- Enterprise allows you to consolidate financial reports from multiple company files into one Excel statement.
- Batch processes, like Batch Delete/Void Transactions, streamline workflows and save time.
Specific Features for Industry Needs
QuickBooks Enterprise caters to industry-specific requirements with tailored tools and reports. For example:
- Contractor Edition: Includes WIP Summary Reports and Committed Costs by Job Reports to track project progress.
- Manufacturing & Wholesale: Features such as inventory assembly management and the Shortage Report keep production running smoothly.
Benefits of Upgrading to QuickBooks Enterprise
- Scalability: Enterprise is designed for growing businesses that need more users, larger data capacity, and advanced features.
- Efficiency: Automating tasks like price markup adjustments, inventory management, and report generation reduces manual workload.
- Enhanced Security: Role-based user permissions ensure sensitive information is only accessible to authorized individuals.
- Customer Insights: Features like the ability to see item costs on sales forms or prohibit sales to overdue customers improve operational control.