Do you need the Enterprise Edition of Quickbooks for Small Business? Many personal and small business users do not realize that they do not need the Enterprise version of Quickbooks if they do not exceed more than 14,500 products, customers, or vendors. In such cases, Quickbooks Pro and Premier are equally powerful.
To check the total number of items in your lists, open up Quickbooks and press the F2 key on your keyboard.
In a survey done (sample size 800, margin of error +-2.5%), 87% of personal and small business users of Quickbooks did not exceed 14,500 customers, products or vendors.
Can my Enterptise data file be converted to Quickbooks Premier or Pro? Yes, a Quickbooks Enterprise data file can be downgraded to Quickbooks Premier or Pro with 100% accuracy. All lists and transactions (including Payroll) are converted without any data loss.
Quickbooks Enterprise costs upwards of approx. $3000 for the 5-user version while the Pro version only costs approx. $150. Premier versions of Quickbooks cost about $250.
The savings in switching from Enterprise to Premier or Pro is significant without the loss of functionality. (See the differences between Quickbooks Enterprise, Premier and Pro). For the basic 5-user Enterprise version, the savings for 5 years is $13,750. For the 10-user version, the savings is a staggering $50,000.
Since the data is converted with 100% accuracy, there is no risk in converting the Enterprise data file to Pro or Premier. In future, the data file can be converted back to Enterprise if any of your lists grow to more than 14,500 items.
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Quickbooks Enterprise to Pro/Premier Expedited Conversion Service:
Quickbooks Enterprise to Pro/Premier Standard Conversion Service: