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Quickbooks Premier is required if you want to use Quickbooks for
» Forecasting and Budgeting
You can use a previous years actual P&L as a template to start off the budget. There are some nice budget v actual reports too.
» Generating Estimates
» Sales Order Processing
» Advanced Inventory Management (Units of Measure & Assembly Builds)
» Reversing Journals
Book an accrual and copy - reverse quickly in a subsequent period.
» Remote Access (great if you work from home).
You get a 1 year WebEx subscription included.
» This accounts package is multi-company, multi-user ready
Each user requires a license if you want to have simultaneous access
» The new Quickbooks has a superb new interface -with buckets of functionality and clever reports. The ability to get quality reports out of Quickbooks is one of its advantages over Sage.
See
Quickbooks Interface
QuickBooks Premier Edition offers advanced features and additional services that truly meet a professional accountant's unique needs. By focusing on details that matter most to accountants, your QuickBooks software can now be almost as specialised as you.
Create an annual forecast of your expected income and expenses based on your actual QuickBooks data.
Now you can even prepare and customise financial statements using financial statement designer.
Log in through secure remote access website to access all your QuickBooks information at home, another office or on the road
QB Accountant has the following features not included in Quick books PRO:
» Generate Pos from Estimates and sales orders
» Share report templates
» Reversing journals
» Adjusted TB and adjusting journal entries report
» Financial Statement Designer
» Create a Forecast / Business Plan
» Remote Access (12 months subscription included )
» Fixed asset Item List
Click
here for comparison sheet
Remote access to client data
The QuickBooks remote access service lets you use your computer to directly access a QuickBooks company file on a different computer.
Check details in client files, enter changes, set up a new company file, or train your clients on QuickBooks without ever leaving your desk.
Whatever you would normally do using QuickBooks at your clients office you can now do from your own office – including:
» Bookkeeping
» Account reconciliations
» Running reports Month-end procedures
» File setup and maintenance
» Setting up reports Adjusting journal entries
» Training clients
» Backing up data files
Journal Entries
Work faster with better controls by using new Journal Entry options, including:
One-click general journal entry reversal
Automatic numbering of journal entries
Auto-filling journal memo fields
A memorised report for Journal Entries Entered Today
Reversing an entry creates a new entry – dated the first day of the following month – that reverses the debit and credit amounts. All account assignments remain unchanged.
Reconciliation Reporting
Be more productive by saving and viewing previous reconciliation reports and view a summary report of all client changes made since the last reconciliation.
The Reconcile Discrepancy report lists transactions that have changed since you last reconciled an account. This is helpful when the beginning balance that QuickBooks shows for a new reconciliation period is different than the ending balance from the bank statement for the previous period.
Report Templates
If you have a particular report you’d like your clients to run, set up the report as a memorised report on your own computer and then export the report settings as a report template. Your clients then import the template and run the memorised report using their own QuickBooks data.
The report template lets you specify all the report settings in advance – for example, the report’s date, format, and filter settings.
Your clients simply import the template file and then run the report from the Memorised Report list.
When you set up report templates, avoid using filter settings that may not work in other files. For example, filtering for a specific account, customer name, job, supplier, employee, or item would not be appropriate for another file. Use broad filters such as "all accounts", "all customers", and so on.
QuickBooks Premier 2008 offers accountants a new Financial Statement Designer that is easy-to-use.
You can now format statements that meet the specific needs of your clients, using a built-in spreadsheet-like tool, You can insert columns for prior-year balances, show percentages or variances between other columns, insert rows for sub-totals, or group accounts in any way that you want.
Other features of the Financial Statement Designer include:
Create title pages, notes to financial statements, supporting schedules and compilation letters using the integrated document editor.
Utilise templates for title pages, Auditor's and Directors' reports, and Notes to the Accounts.
Choose from over 20 financial statement layouts including balance sheets, income statements, and comparative and trend financial reports.
Save financial statements as PDF files or export them to Excel™.
Import your customised statements into other QuickBooks Accountant company files for use with any client.
Quickbooks Screenshots
We've included a number of screenshots below to give you an idea of the Quickbooks interface. The first thing you'll notice is the easy to use Quickbooks Navigator bar. You can jump start any accounting transaction very quickly - just click on suppliers, customers banking or reports. It's so easy to learn and use.
Enter a Bill in Quickbooks
Sales Reports in Quickbooks
There are so many Quickbooks reports to choose from.
You can easily modify the reports - and if you wish dump into MS excel whenever you want for further analysis.
Summary
You'll find with Quickbooks interface that things are where they are supposed to be.
If your budget will allow you should consider investing in the Quickbooks Premier edition.
» See also
Quickbooks Professional
Product comparison of accounting software :
Tasbooks,
Sage,
Quickbooks
Quickbooks Training / Consulting Support
AxonWare can provide onsite training, consulting and web conferenence support to help you get the best out of Quickbooks. Ask about our daily & hourly rates.
Price - excluding vat: Quickbooks Premier 2010 €550.00 €499.00
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