Comparing the three versions of QuickBooks premier 2020 and 2019 and 2018

​If you are running a business then the one thing that you will have to focus on is accounting. You might have started thinking that if every department of a business is important then why are we recommending you to focus on your accounting?

Well, this is because accounting is surely one of the most overlooked departments of any business and if you will not focus on your accounting then you will never be able to even keep running your business.

Accounting deals with the financial health of your organization and since making money is the main motive of each and every business, using the best accounting solution is the only way to keep your accounting department up and running. Although there are many accounting solutions out there, one of the most popular and used accounting solutions is surely QuickBooks Premier.

Intuit is the company behind the very popular QB accounting software solutions. You will be surprised to know that in the US alone, QB occupies more than 85% of the accounting market share and it is growing in other countries as well. First developed as a personal accounting solution, QB has emerged as one of the most popular and used accounting software all over the world. The QB software is used by accounting professionals like CPAs, bookkeepers, accountants, and even by SMEs from all over the world. Although there are three versions of QB available in the market, in this blog post, we are going to talk about QB Premier only.

You should know that every year, Intuit comes with a new version of its accounting software, and these updates generally come in the month of September. In the new updates, various new features, bug fixes, and improvements are made in order to make the accounting experience better for the user. If you want to stay updated and get rid of all the bugs then using the latest version of QB Premier will be the best option. So, in this blog post, we will compare the different versions of QB Premier and understand the difference between each one of them.

Features of QB  Premier/ Versions ​	2020	2019	2018
Automatic payment Reminder ​	Yes	No	No
​Easy addition of PO number to email	Yes	No	No
Ability to hide columns in reports	Yes	No	No
​Smart Help content	Yes	No	No
More reliable file transfer process ​	Yes	No	No
Enhanced search experience ​	Yes	No	No
​Real-time visibility of invoice status	Yes	​Yes	No
​Easy transfer of customer credit across job	Yes	Yes	No
Check to bill pay	Yes	Yes	No
Better sick and vacation time entry ​	Yes	Yes	No
Easy upgrade or transfer of QB ​	Yes	Yes	No
​Newly customizable inventory report	​Yes	​Yes	Yes
Support to multiple monitors ​	​Yes	​Yes	Yes
New searchable chart of accounts	​Yes	​Yes	​Yes
Payroll liability reminder on home screen ​	Yes	​Yes	​Yes
Compare business on cash or accrual basis with one click	​Yes	​Yes	​Yes

As you can see that every year, Intuit has kept on introducing new features and made improvements to the existing ones. The latest QB solution will have got all the new features and it will also be the most secure solution as well. This is why you should always opt for the latest QB solution without any second thoughts.