The incredible features of QuickBooks Premier 2019 allow you to tackle accounting even without prior knowledge. The simple and easy setup and interface further enhance accessibility for both beginners and experienced users.
Let’s take a look at an extended list of features included in QuickBooks Premier 2019, both old and new. You get all features of the Pro version, as well as new and unique features only available in Premier and up. One thing is for sure - you won’t find this level of professional and easy to use tools in any other accounting software. Get industry-specific reports, sales orders, track the costs of products and inventory for 2 users.
Invoice Status Tracker
With new features being added to QuickBooks each year, the ability to handle your invoices better is here. New, real-time visibility has been added to check the status of your invoices at any given time. This allows you to see the history of an invoice, meaning that you can always see critical information straight from the app. This includes:
- Date of invoice creation. You’ll never forget the date of an important invoice.
- Invoice due date. Always know when to expect cash.
- Invoice email date and customer name. This is only available if the invoice is emailed from within QuickBooks, using one of the supported email configurations.
- Invoice viewed. A connection to the internet is required to see when an invoice was viewed.
- Amount and date of the customers Receive Payment record in QuickBooks.
- Amount and date of Make Deposit recorded in QuickBooks.
All of this information displayed right in front of you is a convenience for any business person. You can keep accurate track of everything within one app which updates in real-time, sparing you from manually changing data in an attempt to keep track of everything.
Sick and Vacation Pay Tracking
Another feature related to ensuring your employees are paid accurately is the new and improved sick and vacation pay tracking. Users with Admin permissions can now set new 'Maximum' type defaults for sick and vacation time for company preferences. You can set either Maximum hours at a time, or Maximum yearly hours for allowed sick and vacation time.
This preference enforces how much time an employee can spend on vacation or out of work due to sickness. For example, once an employee has spent the maximum time allowed on vacation, they'll no longer accrue further time unless the timer resets according to preference.
You're also able to track and report on employee sick and vacation time. If an employee has extended the allowed maximum amount of sick or vacation time, you'll see a warning message that allows you to choose whether or not you want to pay anyway.
Note: Sick and vacation accrual requirements vary state by state. QuickBooks is unable to determine these on its own, meaning that it's your responsibility to ensure everything is in compliance with applicable laws and regulations.
Employee Pay Adjustment History
You're able to see a history of adjustments made to an employee's pay. This enables you to track any changes made to employee pay rates, including hourly rate, salary, bonus and commission items. This feature is useful to make reports, comparisons and gain insight into how your company is adjusting to different changes made to rates and salaries.
Note: All the rates shown on the report are based on existing paycheck data, while rates for salary items display an estimated annualized rate.
General Business Features
Manage inventory items. You're able to quickly locate an item and carry out any inventory related tasks all in one place. This is done via the Inventory Center, a section of QuickBooks entirely dedicated to your items.
Track your balance sheet by class. You can use a built-in and easy-to-use report for tracking financial data, separated by location, department or profit center. By doing this, you can reduce the clutter on your screen and get a clear view of your balances.
Bill your clients progressively by the phase of a job. You have the ability to track how a job is coming along and bill clients accordingly to these calculations. Track materials, job phase, or the percentage of completion and get payments based on the status of work. You can choose whatever works best for your unique business.
Manufacturing & Wholesale
Track your inventory. You can track and set optimal inventory levels right in QuickBooks. To determine which products need reordering, you can easily run a report which will show items that require reordering.
Track the profitability of a product. Want to know what brings in the most money? You can keep track of your biggest source of steady profit to always know which products are in demand for promotions, keeping stock, and knowing what you can stop producing due to the poor performance.