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QuickBooks Premier 2005 review: QuickBooks Premier 2005

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MSRP: $1,499.95

The Good Easy to configure and use; powerful.

The Bad Only a minor upgrade of QuickBooks Premier 2004; advertisements clutter the interface.

The Bottom Line QuickBooks Premier 2005 is an accounting powerhouse, but it doesn't warrant an upgrade for existing QuickBooks 2004 users.

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8.0 Overall
  • Setup 8
  • Features 8
  • Support 8


Don't get us wrong: Premier is a terrific business accounting app. It's packed with high-end analytical tools, and it also provides plenty of tutorials and wizards for bookkeeping boneheads. The problem is that QuickBooks Premier Edition 2005 is the Rocky II of accounting software. It feels like a carbon copy of its excellent predecessor, Premier 2004, albeit with a few new, nicely done tutorials and some interface tweaks. Beginners will like the new QuickBooks Learning Center, which offers interactive walkthroughs of common accounting chores. Upgraders have less to cheer about, however; there are improved payroll, help, and report-navigation tools, but there's no single compelling new feature. If you're new to accounting software and need to write business plans and analyze trends in your industry, Premier Edition 2005 is a fine choice. Version 2004 users, though, should save themselves $380 and pass on this unnecessary upgrade. QuickBooks Premier Edition 2005 is easy to install, thanks to QuickBooks' EasyStep Interview, a comprehensive wizard. It walks you through basic setup chores such as entering your company name and federal tax ID number. EasyStep could go deeper, however. For instance, it asks: "What income tax form does your company use?" but doesn't explain the differences between the seven different tax forms it lists. Overall, though, EasyStep is a top-notch tutor and makes Premier 2005 as easy to configure as its less sophisticated (and also less expensive) competitors, including MYOB Plus 2004 and Simply Accounting 2004 Pro.

At first glance, Premier 2005's interface is identical to last year's. The familiar set pieces are there: for example, the Navigators column for single-click access to popular accounting modules and the flowchart-style screens that help you visualize business-management tasks. There are changes, however. Our favorite is the QuickBooks Learning Center, a collection of interactive tutorials that launches at start-up. Tutorials aren't new--any decent accounting app has them--but the Learning Center lessons are particularly helpful because they require your participation. For instance, during the create-an-invoice tutorial, when asked, you must enter a name in the customer field and perform other tasks to advance. This approach is more effective than a passive, sit-and-watch lesson. Premier 2004 had tutorials, too, but its lessons were harder to access (they ran from the setup CD) and weren't as easy to follow.

QuickBooks Premier 2005's interface is top-notch, despite its unsolicited shilling for Intuit's premium services (see Customer Solutions box).

Unfortunately, Premier 2005 continues QuickBooks' tradition of wasting valuable screen space as a billboard for Intuit's fee-based accounting services. For instance, the Customers, Vendors, Employees, and Banking modules all paste ads smack-dab in the middle of the screen--that's valuable real estate that could be used for other data displays. While QuickBooks' competitors also pitch their premium services, their approach is subtler.

Sadly, we were underwhelmed by QuickBooks Premier Edition 2005's slate of new and improved features. While many of these improvements are useful, they don't justify Premier's steep $379.95 upgrade price (first-time users will pay $499). For instance, the new tutorials are great for first-timers, but they don't offer much to QuickBooks experts who already know how to create invoices, enter deposits, and so on.

QuickBooks Premier 2005 includes an Expert Analysis Tool for measuring your company's performance against the competition and the capability to create a business plan, then export it to Excel or save it as a PDF file; merge QuickBooks data with Microsoft Word documents; forecast income and expenses; track inventory; create reports; and even work remotely with an additional annual subscription.

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