Small Business

Intuit — QuickBooks Premier 2011

Mary Girsch-Bock

Sep. 05, 2014

2011 Overall Rating 4.5

877-683-3280

www.intuit.com

Best Fit:

Targeted at accountants who support non-accountant business owners who maintain their own books.

Strengths:

Ease of use & large install base, which means more end users will have experience with the application
Strong accountant program with good training & referrals to certified ProAdvisors
Company Snapshot improvements enable instant dashboard reporting
Excellent industry-specific add-ons
Client Data Review & Accountants Copy simplify cleaning up client books
Canadian & UK versions available with multiple currencies supported

Potential Limitations:

Inventory supports only Average Cost valuation
Intuit Statement Writer is an extra charge, even to ProAdvisors
Date-driven system means non-standard fiscal reporting & budgeting periods (e.g. 4-4-5) are not supported
Power user options like import of transactions are difficult
Perceived ease of use means many end users implement without consulting their accountant, often causing reporting problems later
Accountant Edition supported on Windows only

Executive Summary & Pricing:

QuickBooks Premier is currently priced at $399.95 for a single-user system. A three-user system is $999.95. Intuit continues to improve this very popular product each year, making QuickBooks the natural go-to solutions for small businesses world-wide. Quick installation, easy navigation, and strong reporting functionality make this a solid product for the small business owner. The availability of industry-specific versions helps make QuickBooks even more desirable.

4.5 – Basic System Functions

4.75- Core Accounting Capabilities

4.5 – Day-to-Day Operations

4.5 – Management Features

4.5 – Integration & Import/Export

4.75 – Help/Support

Small Business

See inside April/May 2011

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