The exact same report is available in QuickBooks Pro if you use This report shows hours worked on jobs during a designated time period, sortedīy employee. The Contractor Reports menu: Billed/Unbilled Hours by Person and Job (see Figureġ). Therefore, only users willing to start a brand-new file will reap the benefits of the pre-existing setup.īear in mind, too, that virtually all the Contractor activities in the Premier Contractor edition are located in Pro's Customer, Vendor, and Employee menus, and all the reports listed in the Premier Contractor edition's Contractor Reports menu are also available through Pro, although you need to know more about the software to access or create them.įor example, in Premier for Contractors you will see the following report under Once you upgrade your existing file, it will look precisely like Pro, with the exception of the special Contractor activities and reports menus, which you may find convenient. Because your file already contains the Chart of Accounts, the Items List, and possibly the Class List, you will bypass getting to use what Intuit has set up for you in the Contractor's edition. Assuming that you elect to keep your existing company file, you will simply upgrade your current software to the Premier version. Is Pro working for you? If you're already using the Pro version and it's working, much of the initial advantage of the Contractor edition will be lost to you. Which product works best for you depends on several factors: whether you are already using the Pro version your accounting expertise and the extent to which you wish to customize the file. You can get it to give you virtually everything you want for your company, but it takes work and a high level of understanding of the software. QuickBooks Pro offers an open-ended structure that requires the user to fill in what he wants for himself. Cable, for example), security issues (such as firewalls), and convenience. Or not this is realistic, useful, or practical depends on your access (dial-up Premier comes with a 12-month free subscription for Remote Tips), and periodic tasks (list of tasks to perform weekly, monthly, quarterly, 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
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