QuickBooks Systems Comparison
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Runs on Windows 7 |
New |
New |
Easy Step® start-up interview to get you up & running right away |
Yes |
Yes |
Chart of Accounts customised for your industry |
Yes |
Yes |
QuickBooks Coach and Video Tutorials |
New |
New |
Home Page: Workflow based process maps |
Yes |
Yes |
Improved Help and Live Community |
New |
New |
Improved Upgrade from QB2006 & earlier |
New |
New |
Combined navigation and icon bar |
New |
New |
Easily record bills & track expenses |
Yes |
Yes |
Create Estimates & Invoices & Sales Receipts & Credit Notes |
Yes |
Yes |
Create professional-looking forms with tools to customise |
Yes |
Yes |
Email forms as PDFs in batches |
Improved |
Improved |
Accept credit card payments in QuickBooks (subscription required) |
Yes |
Yes |
Sort by data type on bank reconciliation window |
New |
New |
Export invoices to Word |
Yes |
Yes |
Track bills and set due-date reminders |
Yes |
Yes |
Progress Invoicing and automatic recharge of expenses |
Yes |
Yes |
Customer/Supplier Centres: contact and transaction history in one place |
Yes |
Yes |
Search in the Item List and Customer, Supplier Centres |
New |
New |
Duplicate sales and purchase transactions and list items |
New |
New |
Easy delete transactions with Right-Mouse Menu |
New |
New |
Print Receive Payment |
New |
New |
Customisable columns for Lists |
Yes |
Yes |
Multiple Delivery Addresses |
Yes |
Yes |
Track Stock, set reorder points & create Purchase Orders |
Yes |
Yes |
Create delivery notes and shipping labels |
Yes |
Yes |
Store Manufacturers Part Numbers on Items |
Yes |
Yes |
Units of Measure - buy, sell stock in different units |
No |
Yes |
Create sales orders & track back orders |
No |
Yes |
Generate Sales Orders from Estimates |
No |
Yes |
Generate Purchase Orders from Estimates |
No |
Yes |
Generate Purchase Orders from Sales orders |
No |
Yes |
Easily set prices and determine discounts by customer or job |
No |
Yes |
Build and Track Inventory Assemblies to Finished Goods |
No |
Yes |
Create Invoices from a list of unbilled Time & Costs |
No |
New |
Track Bank and Credit Card Accounts |
Yes |
Yes |
Share data with other business applications |
Yes |
Yes |
Customisable reports and graphs |
100+ |
135+ |
Google Desktop search |
Yes |
Yes |
Report Centre |
Yes |
Yes |
Email Reports and export to Excel |
Yes |
Yes |
Import & Export to and from Word, Excel files & Import
|
Yes |
Yes |
Track loans, Fixed Assets and Vehicle Mileage |
Yes |
Yes |
Short Term Cash Flow Projections |
Yes |
Yes |
Create a Budget |
Yes |
Yes |
Accountant can make changes whilst clients still work
|
Improved |
Improved |
Easy file send to Accountant |
New |
New |
Company Snapshot shows key performance indicators for your business |
New |
New |
Set billing rates by employee, customer/client, position or
|
No |
Yes |
Invoice templates show home and foreign currency totals |
Improved |
Improved |
Download currency exchange rates |
New |
New |
Create Summary Reports in Home and Foreign values |
New |
New |
Support for over 140 currencies |
New |
New |
Exchange rate history calendar automatically applies the right rate for the date of the transaction |
New |
New |
Default VAT Codes used to ensure correct VAT calculations |
New |
New |
Credit memo exchange rates automatically change to match Invoice exchange rates |
New |
New |
Use Price Levels to set multiple foreign sales prices for items |
No |
New |
Home Currency Adjustment Wizard will revalue foreign
|
No |
New |
Sales Day Book Report (Show Net, VAT, Gross totals) |
New |
New |
VAT Exception report for both Cash & Accrual basis |
New |
New |
Report VAT liability on a Cash (payment) basis |
Yes |
Yes |
Report VAT liability on a Accrual (invoice) basis |
Yes |
Yes |
Track and report EC VAT (includes EC Sales List report)Now includes services |
Improved |
Improved |
VAT Centre for easy access to common VAT tasks and view of VAT setup |
New |
New |
VAT Setup Wizard to quickly change / add new VAT rates and assign codes to Customers, Suppliers and Items |
New |
New |
Audit Trail |
Yes |
Yes |
Password Protected Closing Date |
Yes |
Yes |
One Click Journal History |
No |
Yes |
Adjusted TB, Adjusting Journal Entries Report |
No |
Yes |
Share Report Templates |
No |
Yes |
Financial Statement designer |
No |
Yes |
Auto Reverse of Journal entries |
No |
Yes |
Retained Earnings QuickZoom |
No |
Yes |
Post journals directly to Retained Earnings |
No |
Yes |
Client Data Review Tool - Find & fix common errors in clients files |
No |
New |
Sybase Database for better performance of large files |
Improved |
Improved |
Set permissions levels to control user access incl VAT |
Improved |
Improved |
Multiple User Access (with purchase of additional copies) |
Up to 5 users |
Up to 30 users |
Run reports and backup in multiuser mode |
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Run reports and backup in multiuser mode |
New |
New |
QuickBooks Instant Messenger lets you log people out
|
New |
New |