QuickBooks accounting software has been designed with tailor-made versions to support the distinct needs of different businesses – small and large. QuickBooks Premier is one of its best versions for small businesses and caters to up to five users. In addition, it has industry-specific features and is quite popular amongst companies that need a robust bookkeeping solution and QuickBooks Pro features.
QuickBooks Premier software is also available in its upgraded version as Premier Plus, which has some enhancements and all the QuickBooks Premier features.
Since QuickBooks maker – Intuit releases a software update every year, it often becomes difficult for the users to decide which version to choose. So, whether you are a new QuickBooks user or a new one, we will help you decide which version of QuickBooks to select with this detailed analysis of different upgrades of QuickBooks Premier over the years. If you plan to keep Premier but need anywhere access, review environment options and security expectations on QuickBooks hosting.
See how features and performance have evolved in our guide on Differences Between QuickBooks 2019 vs. 2020 vs. 2021.
QuickBooks Premier Feature Comparison Table
| QuickBooks Premier Plus Features | Upgrades by Version Year | ||
| 2019 | 2020 | 2021 | |
| Orders documenting and track change | Yes | Yes | Yes |
| Progressive client billing as per job phase | Yes | Yes | Yes |
| Expense and time tracking based on project, employee, client, or service | Yes | Yes | Yes |
| Running ‘Cost to Complete Job’ report | Yes | Yes | Yes |
| View customized profitability and sales reports | Yes | Yes | Yes |
| Downloading credit card and bank transactions directly into QuickBooks | Yes | Yes | Yes |
| Data import from Quicken, Excel, and prior versions of QuickBooks | Yes | Yes | Yes |
| Balance sheet tracking by classes, like location, profit center, or department | Yes | Yes | Yes |
| Creating a copy of the company file to be shared with the accountant | Yes | Yes | Yes |
| Setting individual user permissions for the security of sensitive information | Yes | Yes | Yes |
| Allowing collaboration of up to five users in QuickBooks simultaneously | Yes | Yes | Yes |
| Contacts import from Excel and other email address books | Yes | Yes | Yes |
| Easy to print checks, track expenses, and pay bills | Yes | Yes | Yes |
| Printing deposit slips | Yes | Yes | Yes |
| Sending estimates and invoices right from the business account in Gmail, Yahoo, or Hotmail | Yes | Yes | Yes |
| Sales, sales taxes, and customer payment tracking | Yes | Yes | Yes |
| Creating well-designed invoices and forms | Yes | Yes | Yes |
| Setting up memorized transactions for invoices, estimates, and recurring billing | Yes | Yes | Yes |
| Viewing key customer information at a glance with Customer Snapshot | Yes | Yes | Yes |
| Access to industry-specific report templates made by other QB users | Yes | Yes | Yes |
| Storing documents in the Document Center | Yes | Yes | Yes |
| Accessing inventory items in one place with Inventory Center | Yes | Yes | Yes |
| Calendar view to check invoices, billing, and other important tasks | Yes | Yes | Yes |
| Batch invoicing of multiple customers for time and expenses | Yes | Yes | Yes |
| Tracking key reports and bounced checks in one click | Yes | Yes | Yes |
| Pulling bank transactions from multiple banks and accounts to categorize them for tax time | Yes | Yes | Yes |
| Viewing all the income-producing transactions at one place, including overdue invoices | Yes | Yes | Yes |
| Checking shipping rates and print labels to track packages via FedEx, UPS, or USPS | Yes | Yes | Yes |
| Pinning important notes about vendors, customers, and employees | Yes | Yes | Yes |
| Checking all the notifications and reminders about to-do tasks, overdue items, and accountant notes in one window | Yes | Yes | Yes |
| Check business performance instantly on the Homepage Insights | Yes | Yes | Yes |
| Advanced reporting that includes ‘this year to last year’ filter | Yes | Yes | Yes |
| Managing forms in one step | Yes | Yes | Yes |
| Bill Tracker to make it easier for you to manage payables | Yes | Yes | Yes |
| Report filters for multiple reports | Yes | Yes | Yes |
| Smart Search to help you search for names, transactions amounts, and account numbers | Yes | Yes | Yes |
| One click business performance comparison on cash or accrual basis | Yes | Yes | Yes |
| Payroll liability reminder to help deliver payroll taxes | Yes | Yes | Yes |
| New Searchable Chart of Accounts | Yes | Yes | Yes |
| Easy to open windows across multiple monitors | Yes | Yes | Yes |
| Customizable inventory reports | Yes | Yes | Yes |
| Easy to transfer or upgrade QB files to a new computer | Yes | Yes | Yes |
| Ease to accrue sick and vacation correctly | Yes | Yes | Yes |
| Reducing file size without deleting data | Yes | Yes | Yes |
| Transferring customer credits across jobs | Yes | Yes | Yes |
| Real-time visibility of invoice statuses | Yes | Yes | Yes |
| File search option to find and open company files easily | – | Yes | Yes |
| More reliable transfer of files between Accountants and QB customers | – | Yes | Yes |
| Enhanced Smart Help content with the F1 key | – | Yes | Yes |
| Easy to hide columns to see customer totals in reports | – | Yes | Yes |
| Consolidating multiple invoices in one email | – | Yes | Yes |
| Easy to add customer PO numbers in email subject lines | – | Yes | Yes |
| Automatic payment reminders for customers | – | Yes | Yes |
| Rule-based customer groups on different fields | – | – | Yes |
| Easy to add logos and format payment receipts | – | – | Yes |
| Automatic statements to customers to get paid faster | – | – | Yes |
| Automate the creation of categorized receipt expense entries | – | – | Yes |
| Automatically categorizing bank transactions by accounts, payees, and classes | – | – | Yes |
Read All About QuickBooks Premier Hosting to know how it can be advantageous for your accounting firm.
Latest QuickBooks Premier Plus 2022 Features
The upcoming version – QuickBooks Premier Plus 2022, has the following features in addition to all the elements in its previous versions:
- Easy to integrate QuickBooks with an e-commerce solution (add-on)
- Easy to choose from multiple email contacts at the time of contacting customers or vendors
- Emailing customized bill payments stubs
- Easy to upload documents to transactions via the Desktop mobile app
- Automating bill entries using QB desktop mobile app
- Enhanced computing power (64-bit)
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Compare updates and functionalities across versions in our guide on QuickBooks Pro 2020 vs. 2019 vs. 2018.
Switch to QuickBooks Premier Hosting for Remote Accessibility
QuickBooks Premier desktop product has a wide range of features to support your business needs. However, it offers limited software accessibility, which means you cannot access it when you are not around the system it has been installed on. End this device dependence by switching to QuickBooks hosting services.
Explore version highlights and feature changes in our guide on QuickBooks Enterprise Comparison: 2020 vs. 2019 vs. 2018.
With our specialized cloud hosting solutions, you will benefit from remote accessibility, better security, enhanced team collaboration, and much else. To know more about our QuickBooks hosting solutions, call us at 1-855-583-7486.
