QuickBooks Desktop Premier | Know more about it

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Intuit offers multiple versions of its QuickBooks Desktop application, one of which is QuickBooks Desktop Premier. You should go for QB Desktop Premier if you run a small or medium-sized business. Its target industries include manufacturing, professional services, and contracting.

The accounts can be accessed by multiple users at once. For those looking for industry-specific capabilities, QuickBooks Desktop Premier is the way to go. In comparison to Pro, up to five people can access the account.

If you are interested in learning about more benefits, then you must read this article carefully. We will also be discussing the demerits of this application to make the decision easy for you.

What are the Merits and Demerits of QuickBooks Desktop Premier?

Before proceeding with the steps, you should know the merits and demerits of QB Desktop Premier. It will become easier for you to decide what version of QuickBooks you need for your business.

A. Merits

Customer User Permissions
Remote Access
Advanced Reporting
Job costing
Manages Customers with ease
Remit payroll taxes easily

Industry-Specific
Plans forecasting and Business
Manages Inventory
Helps Sales Order Tracking
Integration with other software too
Tax Support

QuickBooks Desktop Premier provides many facilities to serve businesses with more specialized requirements.

B. Demerits

Limited Automated Updates
Data Security Concerns
Dependency on Local Installation
Limited Collaboration Features
Compatibility issues
Dependency on Local IT Infrastructure
No automated pricing rules

Steps to install QuickBooks Desktop Premier

Step 1: Prepare for the installation process

Initially, you need to ensure that your computer meets the needs of the system.
After that, download the QuickBooks Desktop Premier from Intuit’s official webpage.
Then, store the file where it is easily accessible. For example, Windows Desktop.
Lastly, keep your License number and Product information with you.

Note: In case you are not able to find the product and license number you can look for it in the original purchase email if you have bought QuickBooks online, or look for it in the original package if the QuickBooks is from the retail store.

If by any chance you have lost your license or product number, you can contact our QuickBooks Support team, and we will help you find it.

Step 2: Install QuickBooks Desktop Premier

To start the process, you will have to open QuickBooks.exe. File.
Then, some instructions will appear on your screen, follow them.
After that, agree to the application license agreement and click on Next.
Further, enter the information related to your product and license number.
Finally, click on Next.

Step 3: Choose the Installation type

Before you begin with this step, you need to make sure that you have active internet connectivity for the installation of the application.

There are two options offered to you during the installation of QuickBooks, i.e., Express Install and Custom and Network Install. You can choose either one as it depends on your requirements.

“Express Install” is for those who are using QuickBooks for the first time, reinstalling QuickBooks, or will use only one computer. “Custom and Network Install” is for those who have installed QuickBooks somewhere other than the default location (Program Files Folder), host their company file on a Server, or have a multi-user network.

(For Express Install)

First of all, click on Express followed by Next.
Then, click on Install.
After the installation is completed, choose Open QuickBooks.

(For Custom and Network Install)

To begin with, choose the Custom and Network option and then click on Next.
Next, you need to choose the option that explains how to use QuickBooks.
After that, tap on Change the install location, from the display.
Now, click on Browse to choose where you will store the QuickBooks folder.
Further, select Next to initiate the installation process.
It might take some time to install, so wait for it and at last open QuickBooks.
After all the procedures of installation, you will have to update the QuickBooks.

To sum up!

QuickBooks Desktop Premier is always the best choice for those business who want industry-specific features. We hope you found the article helpful and were able to install it properly.

But feel free to connect our toll-free number +1(805) 419-9019 if you ever get stuck or encounter any problems associated with it. We have a team of QuickBooks Experts available anytime to resolve your issue. They will answer all your queries related to QuickBooks.