Software such as TurboTax), prepare for tax filing (year-end checklist and Your taxes (tips about setting up QB as data source for standard tax-preparing Or temp (legal definitions and advice), improve your cash flow (advice), track Schedules for your assets), manage your receivables (advice), employee, contractor, Instruction on topic of depreciation and allows you to set up depreciation (uses company data), depreciate your assets (Premier version only provides The Company Center option in Pro: measure profitability (uses company data),Īnalyze financial strength (uses company data), compare debt and ownership Too much until you run this report, then it's going to be useful.ĭecision Tools include the following options, many of which are available from Get depends on whether or not you're already using other standardized means It also prints out bar charts for easy viewing. You choose the industry and company size for comparison purposes. Profits and profit margin, sales, borrowing, fixed assets, and employees based The Expert Analysis Tool pulls data from two financial periods (to look atĬhanges between periods) and spits out information about your company's liquidity, The financial projection will be incorporated into The Business Plan Tool will help you "build a 36-month financial projection" usingĭata drawn from your QuickBooks company file. The Premier version provides analytical business
Relevant they are to your needs is questionable (see "QuickBooks Contractor Business Pro is more powerful than Basic), it boasts some extra bells and whistles. Because it'sīased on the Premier version of QuickBooks (a more powerful version, just as Of job-related reports that are easy to access by a novice user. Invoicing, entering bills, and paying employees, and a special Contractor menu It also contains a Contractor-specific menu of tasks such as estimating, To avoid many of the decisions that would have to be made setting up QuickBooks QuickBooks Premier for Contractors attempts to provide a complete setup includingĪ Chart of Accounts, an Items List, and a Class List that allows the user The answer, not surprisingly, depends on who's asking the question. If you like to customize, stick with Pro if you prefer prebuilt templates and reports, consider ContractorĪs a certified QuickBooks advisor, I am asked by a lot of contractors who are already using QuickBooks Pro ($300 retail) whether upgrading to the Premier Contractor Edition ($500) makes sense for them.
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