Key Features of QuickBooks Premier Edition 2012

Oct 13, 2025 by recoveryshake.com 5 views

Introduction

In the world of business, managing finances and keeping track of various aspects of a company can be a daunting task. However, with the right tools, it becomes much easier to stay on top of things. One such powerful business tool is the QuickBooks Premier Edition 2012. This edition is designed to cater to the needs of small to medium-sized businesses, providing them with a comprehensive solution to manage their finances, track inventory, and bill clients.

Key Features of QuickBooks Premier Edition 2012

The QuickBooks Premier Edition 2012 comes with a plethora of features that make it an indispensable tool for businesses. Some of the key features include:

View Customized Sales and Profitability Reports

One of the most significant features of the QuickBooks Premier Edition 2012 is its ability to generate customized sales and profitability reports. These reports provide valuable insights into the financial performance of a business, enabling entrepreneurs to make informed decisions about their operations. With this feature, users can create reports that cater to their specific needs, such as sales by product, customer, or region.

Run 'Cost to Complete Job' Report

The QuickBooks Premier Edition 2012 also allows users to run a 'Cost to Complete Job' report. This report provides a detailed breakdown of the costs associated with a particular project, enabling businesses to accurately estimate their expenses and stay within budget. This feature is particularly useful for contractors, builders, and other professionals who work on a project-by-project basis.

Track Your Balance Sheet by Class with an Easy-to-Access Report

Another important feature of the QuickBooks Premier Edition 2012 is its ability to track a balance sheet by class with an easy-to-access report. This feature enables users to view their financial performance by class, such as by department or location. This provides valuable insights into the financial performance of different areas of a business, enabling entrepreneurs to make informed decisions about their operations.

Access Your Inventory Items All in One Place with the Inventory Center

The QuickBooks Premier Edition 2012 also comes with an Inventory Center, which provides users with a centralized location to manage their inventory items. This feature enables users to view their inventory levels, track stock movements, and manage inventory costs. This is particularly useful for businesses that deal with inventory, such as retailers, wholesalers, and manufacturers.

Bill Clients Progressively by Job Phase

The QuickBooks Premier Edition 2012 also allows users to bill clients progressively by job phase. This feature enables businesses to send invoices to clients as work progresses on a project, rather than waiting until the project is complete. This helps to improve cash flow and reduce the risk of delayed payments.

Track Time and Expenses by Employee, Project, Client, or Service & Create an Invoice

Finally, the QuickBooks Premier Edition 2012 also comes with a feature that enables users to track time and expenses by employee, project, client, or service. This feature provides valuable insights into the time and expenses associated with different projects and clients, enabling businesses to make informed decisions about their operations. Users can also create invoices based on the time and expenses tracked, making it easier to bill clients.

Benefits of Using QuickBooks Premier Edition 2012

The QuickBooks Premier Edition 2012 offers a range of benefits to businesses, including:

Improved financial management: The QuickBooks Premier Edition 2012 provides users with a comprehensive solution to manage their finances, track inventory, and bill clients.
Increased productivity: The QuickBooks Premier Edition 2012 automates many tasks, such as generating reports and tracking expenses, freeing up time for more strategic activities.
Better decision-making: The QuickBooks Premier Edition 2012 provides users with valuable insights into their financial performance, enabling them to make informed decisions about their operations.
Improved cash flow: The QuickBooks Premier Edition 2012 helps to improve cash flow by enabling businesses to bill clients progressively and track expenses.

System Requirements

The QuickBooks Premier Edition 2012 requires the following system requirements:

Operating System: Windows XP, Windows Vista, or Windows 7
Processor: 2.4 GHz or faster
Memory: 1 GB or more
Hard Disk: 1.5 GB or more
Display: 1024 x 768 or higher

Conclusion

Introduction

The QuickBooks Premier Edition 2012 is a powerful business tool that provides a comprehensive solution to manage finances, track inventory, and bill clients. However, like any software, it may have some questions and concerns that users may have. In this article, we will address some of the frequently asked questions about the QuickBooks Premier Edition 2012.

Q: What is the QuickBooks Premier Edition 2012?

A: The QuickBooks Premier Edition 2012 is a business accounting software that provides a comprehensive solution to manage finances, track inventory, and bill clients. It is designed to cater to the needs of small to medium-sized businesses.

Q: What are the system requirements for the QuickBooks Premier Edition 2012?

A: The QuickBooks Premier Edition 2012 requires the following system requirements:

Operating System: Windows XP, Windows Vista, or Windows 7
Processor: 2.4 GHz or faster
Memory: 1 GB or more
Hard Disk: 1.5 GB or more
Display: 1024 x 768 or higher

Q: What are the key features of the QuickBooks Premier Edition 2012?

A: The QuickBooks Premier Edition 2012 comes with a range of features, including:

Customized sales and profitability reports
'Cost to Complete Job' report
Inventory Center
Bill clients progressively by job phase
Track time and expenses by employee, project, client, or service & create an invoice

Q: How do I install the QuickBooks Premier Edition 2012?

A: To install the QuickBooks Premier Edition 2012, follow these steps:

Download the software from the Intuit website.
Run the installation file and follow the prompts.
Enter your product key and license number.
Choose the installation location and language.
Click "Install" to begin the installation process.

Q: How do I activate the QuickBooks Premier Edition 2012?

A: To activate the QuickBooks Premier Edition 2012, follow these steps:

Launch the software and click on "Help" in the top menu bar.
Select "Activate QuickBooks" from the drop-down menu.
Enter your product key and license number.
Click "Activate" to complete the activation process.

Q: How do I upgrade to the QuickBooks Premier Edition 2012?

A: To upgrade to the QuickBooks Premier Edition 2012, follow these steps:

Check if your current version of QuickBooks is compatible with the QuickBooks Premier Edition 2012.
Download the upgrade file from the Intuit website.
Run the upgrade file and follow the prompts.
Enter your product key and license number.
Click "Upgrade" to begin the upgrade process.

Q: What are the benefits of using the QuickBooks Premier Edition 2012?

A: The QuickBooks Premier Edition 2012 offers a range of benefits, including:

Improved financial management
Increased productivity
Better decision-making
Improved cash flow

Q: How do I troubleshoot common issues with the QuickBooks Premier Edition 2012?

A: To troubleshoot common issues with the QuickBooks Premier Edition 2012, follow these steps:

Check the QuickBooks website for known issues and solutions.
Contact Intuit support for assistance.
Check the system requirements to ensure that your computer meets the minimum requirements.
Try reinstalling the software or upgrading to the latest version.

Conclusion

In conclusion, the QuickBooks Premier Edition 2012 is a powerful business tool that provides a comprehensive solution to manage finances, track inventory, and bill clients. By understanding the system requirements, key features, and troubleshooting common issues, users can get the most out of this software and improve their financial management, increase productivity, make better decisions, and improve cash flow.