Choosing the right accounting software can make or break your business operations, especially when deciding between QuickBooks Desktop Premier 2018 and Enterprise 2018.
Choosing the right accounting software can make or break your business operations, especially when deciding between QuickBooks Desktop Premier 2018 and Enterprise 2018. Both solutions offer comprehensive accounting features, but they serve distinctly different business needs and come with unique capabilities that can significantly impact your organization's efficiency. Understanding these differences becomes crucial for making an informed decision that aligns with your business requirements, growth trajectory, and budget constraints.
What Makes QuickBooks Premier 2018 Different?
QuickBooks Desktop Premier 2018 represents a solid middle-ground solution designed specifically for small to medium-sized businesses with straightforward accounting needs. This version builds upon the foundation of QuickBooks Pro while adding several advanced features that make it particularly attractive for businesses requiring more sophisticated functionality than basic accounting software can provide. Premier 2018 offers industry-specific editions tailored to unique business requirements across six different sectors.
The software excels in providing comprehensive accounting functionality without overwhelming users with enterprise-level complexity they may never utilize. Premier includes over 150 built-in reports covering essential business metrics across financial statements, sales analysis, customer tracking, and inventory management. These reports provide adequate insights for small businesses with straightforward reporting needs, though customization options remain somewhat limited through basic filtering and parameter settings.
Premier's Core Strengths and Limitations
Premier 2018 supports up to five simultaneous users, making it suitable for small to medium-sized businesses with limited accounting personnel. This constraint becomes particularly relevant for organizations with multiple departments requiring concurrent access to financial data, as the system operates on a first-come, first-served basis when approaching the user limit. The software provides fundamental inventory tracking suitable for businesses with straightforward inventory needs.
Premier's key advantages include several compelling features that make it attractive for smaller operations:
- Cost-effective ownership: One-time purchase of approximately $499.95 provides perpetual licensing without recurring subscription fees
- Industry-specific customization: Six specialized editions including Contractor, Manufacturing & Wholesale, Nonprofit, Professional Services, Retail, and General Business
- Comprehensive reporting: Over 150 built-in reports covering essential business metrics and financial statements
- Adequate multi-user support: Accommodates up to five simultaneous users for collaborative accounting workflows
However, Premier's inventory capabilities become limiting for businesses with complex inventory requirements or multiple warehouse locations. The system supports only first-in, first-out inventory costing methods, which may not align with all business accounting practices. Database performance begins degrading as company files approach 150-200MB, with users commonly experiencing slower operation, longer report generation times, and occasional stability issues.
How Does QuickBooks Enterprise 2018 Transform Operations?
QuickBooks Enterprise 2018 delivers substantially enhanced capabilities designed for medium to large businesses or those with complex operational requirements. This premium solution accommodates up to 30 simultaneous users, providing significantly greater flexibility for larger organizations or businesses with complex departmental structures. Enterprise facilitates collaborative workflows across accounting, sales, purchasing, and management teams without access limitations that might hinder productivity.
The subscription-based model starts around $1,100 annually for a single user and includes automatic upgrades plus enhanced support services not available to Premier users. Enterprise licenses come in various user configurations from 1 to 30 simultaneous users, with pricing tiers increasing accordingly. The system offers three distinct editions—Silver, Gold, and Platinum—each providing progressively more advanced features like enhanced inventory management and advanced pricing capabilities.
Enterprise's Advanced Capabilities
Enterprise 2018 dramatically improves database performance through an optimized architecture specifically designed for larger datasets. While Premier officially supports company files up to 250MB, Enterprise efficiently handles company files exceeding 1GB—approximately four times Premier's capacity. The system maintains responsive performance even with extensive transaction histories spanning multiple years, implementing more efficient data caching algorithms that reduce network traffic in multi-user environments.
The Advanced Reporting feature enables users to create highly customized reports through a flexible report designer interface. Enterprise includes all Premier reports plus additional specialized reports, bringing the total to over 200 built-in report templates. The system excels at consolidating data across multiple company files—a critical feature for businesses operating several entities or divisions.
Enterprise's Advanced Inventory module supports sophisticated features unavailable in Premier, including bin location tracking, serial number tracking, and barcode scanning integration. Multi-location inventory tracking allows businesses to monitor stock across numerous warehouses or locations with consolidated reporting. Enhanced mobile inventory solutions enable warehouse staff to conduct inventory activities using mobile devices, with new 2018 features including sales order fulfillment through mobile scanners.
Which Industries Benefit Most from Each Version?
Both QuickBooks Premier and Enterprise 2018 offer industry-specific editions, but Enterprise takes customization to a more comprehensive level. Premier provides industry versions for Contractors, Manufacturing & Wholesale, Nonprofit, Professional Services, Retail, and General Business. Each edition includes customized reports, charts of accounts, and features relevant to each industry's specific needs, delivering adequate functionality for smaller organizations with relatively standard needs within their sector.
Enterprise builds upon these industry foundations with substantially enhanced capabilities for each vertical market. The Enterprise industry editions incorporate more comprehensive specialized features, expanded custom fields, and industry-specific reporting. Enterprise's Contractor edition offers advanced job costing with greater detail, expanded work-in-progress reporting, and enhanced change order management not available in Premier.
Manufacturing and Wholesale Advantages
Manufacturing businesses particularly benefit from Enterprise's advanced features for bill of materials processing, assembly item tracking, and work-in-progress reporting that far exceed Premier's capabilities. The Manufacturing & Wholesale edition provides more robust inventory assembly tracking, expanded bill of materials functionality, and enhanced production cost analysis. Enterprise efficiently manages thousands of inventory items without the performance degradation often experienced in Premier with extensive item lists.
For wholesale operations, Enterprise offers Enhanced Sales Order Processing, which proves particularly valuable for businesses dealing with complex order management requirements. The system supports sophisticated workflow automation through enhanced customization tools, allowing businesses to create tailored processes for approval hierarchies, document routing, and exception handling. Advanced Pricing modules permit complex pricing rules based on customer types, quantity breaks, or promotional periods.
Enterprise's industry-specific advantages extend across multiple sectors with specialized capabilities:
- Contractor Edition: Advanced job costing, enhanced change order management, expanded work-in-progress reporting, and sophisticated project tracking tools
- Manufacturing & Wholesale: Robust bill of materials processing, assembly item tracking, multi-location inventory management, and enhanced production cost analysis
- Nonprofit: Advanced donor tracking, grant management capabilities, statement of functional expenses, and specialized compliance reporting
- Professional Services: Enhanced time tracking, project profitability analysis, client billing automation, and professional services-specific reporting templates
What Are the Key Technical Differences?
Performance characteristics represent one of the most significant technical differentiators between these two solutions. Premier 2018 officially supports company files up to 250MB, though performance typically begins degrading well before reaching this threshold. Users commonly experience slower operation, longer report generation times, and occasional stability issues as databases approach 150-200MB, making this limitation problematic for businesses with multiple years of transaction history or high monthly transaction volumes.
Enterprise implements more sophisticated user permission controls, allowing administrators to restrict access to sensitive financial information on a granular level. These enhanced permission settings enable businesses to define over 115 different user permission combinations, compared to Premier's more limited options. Enterprise's multi-user mode operates with superior performance characteristics when handling large data volumes, minimizing latency issues that sometimes plague Premier in multi-user environments.
Integration and Customization Capabilities
Enterprise offers substantially stronger integration capabilities, supporting connections with more sophisticated ERP components, advanced CRM systems, and industry-specific applications. Enterprise's Open Database Connectivity capabilities allow for more robust data exchange with external systems compared to Premier's limited connectivity options. The Field Service Management module—exclusive to Enterprise—enables sophisticated scheduling, dispatching, and mobile workforce management unavailable in Premier.
Premier offers integration with basic Intuit services like merchant services, payroll, and payment processing, supporting approximately 200 third-party applications through Intuit's App Center. While this provides reasonable expansion options for small businesses with straightforward requirements, it lacks the advanced customization options for forms, reports, and workflows that Enterprise provides. Enterprise delivers a significantly expanded feature set designed for complex business operations with enhanced security features and improved audit trail capabilities for regulatory compliance.
How Do Support Options Compare Between Versions?
Support structures differ dramatically between Premier and Enterprise 2018, reflecting their target market segments and pricing models. Premier 2018 purchasers received 30 days of free installation support following product registration, but beyond this period, technical assistance required purchasing additional support plans starting at approximately $299 annually or paying per-incident fees of around $89 per call. Premier users remained responsible for manually installing updates released by Intuit throughout the year.
Enterprise 2018 subscription included substantially more comprehensive support services as part of its annual fee. Subscribers received unlimited technical support from dedicated Enterprise specialists with typically shorter wait times and higher expertise levels than Premier support representatives. Enterprise support extended beyond basic troubleshooting to include assistance with advanced features, customization guidance, and best practices consultation.
Long-term Maintenance Considerations
The subscription model ensured automatic access to the latest version upon release without additional purchase requirements, while Premier's perpetual license model meant users were not entitled to version upgrades without purchasing new licenses. This potentially led to organizations operating outdated software to avoid additional costs, creating security and compliance risks over time.
Enterprise offered enhanced data protection through Intuit's Data Protect service for automated off-site backups, providing greater disaster recovery capabilities than Premier's basic backup options. The automatic version upgrades included in Enterprise subscriptions ensured businesses maintained access to the latest security patches, regulatory updates, and feature enhancements without additional capital expenditures. For businesses heavily dependent on their accounting systems, Enterprise's comprehensive support infrastructure often justified its higher cost through reduced downtime and faster problem resolution.
What Growth Factors Should Influence Your Decision?
Scalability represents a fundamental consideration when comparing these two solutions, particularly for businesses anticipating growth. Premier 2018 provides adequate functionality for small businesses with relatively stable operations but presents several constraints for expanding organizations. The five-user limit becomes problematic as staffing increases, potentially requiring workflow adjustments to accommodate access limitations that can hinder productivity during critical business periods.
Premier's database size restrictions can necessitate data archiving or system migrations as transaction volumes grow, creating additional administrative overhead and potential data integrity risks. The software lacks advanced tools for managing increased operational complexity, such as enhanced approval workflows or sophisticated divisional accounting capabilities that growing businesses typically require.
Planning for Business Expansion
Enterprise offers substantially greater scalability across multiple dimensions, with capacity for up to 30 simultaneous users accommodating significant staffing expansion without system constraints. The robust database architecture efficiently handles growing transaction volumes, customer databases, and vendor lists without performance degradation. Enterprise's advanced reporting capabilities provide deeper insights into expanding operations through departmental analysis, divisional performance metrics, and consolidated reporting across entities.
For organizations adding new locations or divisions, Enterprise offers superior multi-location inventory management and enhanced tools for consolidated financial reporting. The licensing model differences also impact scalability considerations, as Premier's perpetual licensing requires capital expenditures for each expansion, potentially creating budgeting challenges during growth phases. Enterprise's subscription model allows for more predictable expense planning with incremental user additions as needed.
Forward-thinking businesses frequently select Enterprise despite its higher initial cost when their growth projections suggest they will eventually exceed Premier's limitations. Migration from Premier to Enterprise involves data conversion processes and potential operational disruptions that can be avoided by initially implementing the more scalable solution if growth is anticipated.
Critical growth indicators that favor Enterprise selection include several key business metrics:
- User expansion: Plans to exceed five simultaneous users within two years or complex departmental access requirements
- Transaction volume growth: Anticipated database sizes approaching 150MB or high-volume transaction processing needs
- Geographic expansion: Multiple location operations requiring consolidated inventory management and reporting
- Operational complexity: Advanced workflow requirements, sophisticated approval processes, or regulatory compliance needs
Best Practices for Making Your Software Selection
Choosing between QuickBooks Desktop Premier 2018 and Enterprise 2018 requires careful evaluation of multiple factors beyond initial cost considerations. Following these strategic approaches will help ensure you select the solution that best serves your organization's needs. Conduct a comprehensive needs assessment by evaluating your current transaction volumes, user requirements, and industry-specific functionality needs while projecting these requirements three to five years into the future.
Calculate total cost of ownership including not just initial licensing fees but also ongoing support costs, potential upgrade expenses, training requirements, and productivity impacts from system limitations. Evaluate your growth trajectory by considering factors like planned staffing increases, expansion into new locations, anticipated transaction volume growth, and evolving operational complexity requirements. Test multi-user performance in your actual business environment if possible, paying particular attention to system responsiveness during peak usage periods and with realistic data volumes.
Assess integration requirements by identifying current and future needs for connecting with other business systems, third-party applications, or industry-specific tools that support your operations. Consider implementation and migration complexity including data conversion requirements, staff training needs, and potential operational disruptions during the transition period. These evaluation criteria will help ensure your software selection aligns with both immediate needs and long-term business objectives.
Why Your QuickBooks Choice Matters More Than Ever
Selecting the right QuickBooks solution represents a strategic business decision that extends far beyond accounting software functionality. Premier 2018 offers an excellent cost-effective solution for small businesses with straightforward accounting needs, limited users, and modest transaction volumes, providing comprehensive functionality without enterprise-level complexity. Enterprise 2018 delivers substantial additional value for medium to large businesses or those with complex operational requirements, justifying its higher investment through expanded capabilities, superior scalability, and comprehensive support services.
Your software choice directly impacts operational efficiency, growth potential, and long-term business success. Consider not only your current requirements but also your projected needs over the coming years, as migration between systems involves costs and disruptions that strategic planning can help avoid. Many organizations discover that Enterprise's productivity gains, enhanced capabilities, and scalability deliver substantial return on investment despite higher costs, particularly when these features align with specific operational requirements and growth trajectories.
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