QuickBooks Premier 2005 review: QuickBooks Premier 2005

The bulk of QuickBooks Premier Edition 2005's other enhancements span the entire product line, including the $199.95 Basic and $299.95 Pro versions. One welcome change is the new Report Navigator, which provides cogent descriptions of specific reports (for example, standard profit and loss statement) and is easier to browse than 2004's cryptic Report Finder. Another seemingly minor (yet helpful) upgrade: You can now resize column widths in lists by dragging the column dividers like in Excel. And you can also move, add, and delete columns via a right-click menu. Furthermore, the Pro and Premier versions let you schedule both UPS and FedEx shipments from inside the program.

The QuickBooks Learning Center loads at start-up and provides a wide assortment of interactive tutorials. Novices will like it; experts won't need it.

Carryovers from the 2004 version include QuickBooks Expert Analysis Tool, which is very good at comparing your company's vitals--profits, sales, assets, and so on--with comparably sized businesses in your industry. And the Business Plan Tool, a well-designed guide that leads you through the process of creating a business plan, even lets you export the plan to the Acrobat (PDF) format for e-mailing.

Another carryover is QuickBooks' payroll add-on. Renamed QuickBooks Enhanced Payroll, this $499 subscription automatically fills out and updates federal and state forms, automatically upgrades you to the latest version of QuickBooks Premier, tracks workers' compensation, directly deposits paychecks to employees' bank accounts, and seamlessly performs net-to-gross calculations.

Intuit's technical support for QuickBooks Premier Edition 2005 is good but very pricey for small businesses. QuickBooks Premier users pay $75 for a 20-minute support call, plus $25 for each additional 5-minute increment thereafter, with a $150 maximum. Larger businesses may want to opt for the annual support plan, which includes phone and e-mail help. It costs $299 at the time of product registration, $399 thereafter.

But there's good news, too. Even without purchasing the annual support plan, you can still enjoy Intuit's one year of free phone support for questions pertaining to installation, data conversion from earlier QuickBooks versions, and program-specific error messages. Our calls to QuickBooks support were answered quickly, typically within a minute or two, and politely and accurately.

While QuickBooks' telephone support plans are expensive, they're standard for the industry. For instance, both MYOB Plus 2004 and Simply Accounting Pro 2004 offer $249 annual plans, as well as pricier options. And MYOB and Simply Accounting users get only 30 days of free installation assistance--far less than Intuit's generous one-year offer.

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Where to Buy See All

QuickBooks Premier 2005

Part Number: 284194 Released: Oct. 27, 2004
MSRP: $1,499.95 Low Price: $64.25 See all prices

Quick Specifications See All

  • Release date Oct. 27, 2004
  • Category business applications
  • Compatibility PC
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