Quickbooks Enterprise edition is by far the most powerful of the Desktop series of offerings, with the ability to handle 6 times more data and support up to 30 users. Given the exhaustive list of features both essential and advanced, it is but natural to group them under different subscriptions – Platinum, Gold and Silver, to suit diverse needs and budgets.
Understandably Platinum is a comprehensive feature-rich subscription plan priced on the higher side, while Gold, a mid-range affordable plan with a decent mix of features, and Silver, the budget basic plan with all the essential features that cater to most small businesses.
That’s said let take a look at the Key features that make each Enterprise variant different from the other, starting with the most advanced one.
QB Enterprise Platinum
A couple of salient features differentiate the Platinum subscription from Gold — Advanced Pricing and Advanced Inventory. These are indeed special functions mostly applicable to manufacturers and retailers who wish to meticulously track inventory and manage product pricing.
- Advanced Pricing – This feature offers total control on product pricing, making it possible for businesses to generate revenue while also rewarding customers and handling promotions quite effectively. It enables businesses to:
- Create, change and apply multiple pricing rules based on several factors other than just the item and customer
- Define and apply quantity discounts and manufacturer specific markdowns
- Create time-bound product promotions with special pricing rules
- Advanced Inventory – This feature proves extremely valuable in:
- Maintaining the right inventory levels and minimizing overheads,
- Facilitating sale order prioritization,
- Tracking of items by bin, lot or serial numbers at multiple warehouses
- Transferring goods across warehouses
- Generating custom reports for specific insights
Newly introduced mobile bar code scanning can vastly improve accuracy and speed of picking and shipping out orders.
QB Enterprise Gold
Notable features that make this subscription plan different from QB Enterprise Silver, is the availability of Enhanced Payroll Processing capability.
With Enhanced Payroll processing, business can:
- Tackle payroll processing of any number of employees
- Print / Create unlimited number of pay checks
- Directly deposit the pay into employee’s bank account (Free of charges)
- Calculate employee taxes as per prevalent taxation rates/rules
- Generate W-2 forms automatically
- Address payroll tax requirements without being penalized
QB Enterprise Silver
This basic, budget subscription plan supports all essential features, but with limited functionality and choices, when compared to other plans.
While this plan includes customer support, online storage, privileges under the Priority Circle customer loyalty program, automatic product upgrades, basic features as well as advanced reporting. It however does not include Enhanced payroll, Advanced Inventory and Pricing features available in the other plans.
Apart from the feature differences these subscription plans definitely are priced differently, with prices varying depending on the type of installation and number of users. Local installations will cost less than getting the software hosted!