If you are in the market for accounting software, you may consider QuickBooks by Intuit. QuickBooks can be used by both individuals and businesses to manage finances. There are a few versions of QuickBooks Desktop but can be grouped together as QuickBooks (Pro, Premiere, Accountant) and QuickBooks Enterprise. It’s important to understand the difference between QuickBooks and QuickBooks Enterprise to determine which program will be best for your business and needs.
QuickBooks vs. QuickBooks Enterprise: What is QuickBooks Enterprise?
QuickBooks is usually sufficient for personal or smaller businesses. It can accommodate up to 5 simultaneous users in the Premier Version. However, QuickBooks Enterprise can accommodate up to 30 simultaneous access. QuickBooks Enterprise is tailored for larger scale operations such as manufacturers, wholesalers, and construction segments. QuickBooks Enterprise has the same functionality as QuickBooks but has more complex processes and features including advanced pricing, payroll, and inventory tracking. It also includes more data capacity, more sophisticated inventory management, and multiple entities.
QuickBooks vs. QuickBooks Enterprise: Is QuickBooks Enterprise a Subscription?
Unlike QuickBooks which is a one-time fee, QuickBooks Enterprise is a subscription-based model only. Subscriptions are available monthly or annually.
In addition to the subscription, you can decide on the standard Enterprise edition or one of the six industry specific editions: Contractor, Manufacturing & Wholesale, Nonprofit, Retail, Professional Services, and Accountant.
QuickBooks vs. QuickBooks Enterprise: How much does QuickBooks Enterprise Cost?
QuickBooks can range from $300 to $600 as a one-time fee. However, because Enterprise is a subscription-based model, there is ongoing costs. There are three tiers for QuickBooks Enterprise subscriptions – Silver, Gold, and Platinum. Each plan varies in terms of features, number of users, and pricing.
The Silver plan includes the Enterprise software, advanced reporting, and priority support. For 3 users, this plan is $2310/year. The Gold plan includes all the Silver features as well as QuickBooks Desktop Enhanced payroll. For 3 users, this plan is $2657/year. The Platinum plan includes all Gold features as well as Advanced Inventory and Advanced Pricing. For 3 users, this plan is $3003/year.
Intuit often runs sales through their website such as 50% off list price for the first year. You may also receive a discount if you pay the subscription annually instead of monthly. Another option may be Intuit resellers who may be able to offer discounted pricing available to new users.
QuickBooks vs. QuickBooks Enterprise: Summary
Hopefully, we’ve answered your basic questions such as:
What is QuickBooks Enterprise?
Is QuickBooks Enterprise a Subscription?
How much does QuickBooks Enterprise Cost?
Before you make a buying decision, we always recommend you check with your accountant or financial professional. There are always certain tasks related to your business process that need to be completed that may be easier in QuickBooks vs. QuickBooks Enterprise.
Once you decide on the best QuickBooks application for you, share your data files with Qbox. Files in the Qbox folders on one user’s Windows computer, are synced to the Qbox cloud server and then to the shared users’ Windows computers, so everyone has identical copies of the file. There’s no need to backup, restore, or import accountant copies as all users have access to the entire QuickBooks file. To learn more, visit https://www.qboxplus.com/enterprise/
