We run a small family business and have been using quickbooks for 6 years. Fortunately, I am not the one who does the accounting, but since I am the one who takes care of the IT department, I am familiar with it and have had my fair share of fun with intuit. We upgraded from 2007 pro to 2010 pro. To me, it seems like the vast majority of core features have remained the same. The good people at intuit are constantly tweaking features and adding little tidbits in hope that people will upgrade on a yearly basis. The truth is, largely we haven't noticed a huge difference to justify the upgrade.
For a list of the new features and to compare with older versions you can visit this webpage:
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As always, if you do upgrade, your company file is not longer compatible with any older version of quickbooks. So keep this is mind before you upgrade.
Again, I am not an accounting expert, but I am sure that there are tax codes (or something like that) that is updated. I suppose that those who know that they really need the upgrade will be better informed then I am.
In general it isn't a bad upgrade. I mean to be honest QB is a pretty well rounded out product. And I am sure that it would be difficult to revolutionize it ever year... especially considering that most people who use QB probably don't have the time to relearn it after an upgrade. Get more detail about QuickBooks Pro 2010.
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