Based on the search results, two key features that QuickBooks Time Elite has that QuickBooks Time Premium does not are:
1. Project Profitability and Costing
QuickBooks Time Elite allows businesses to track project profitability and costing in detail. It enables assigning specific employees or teams to projects/tasks and tracks hours worked, labor costs, and job costs for each project. This provides insights into project expenses, labor allocation, and resource planning for complex or large-scale projects.
2. Geofencing With “Who’s Working” Feature
QuickBooks Time Elite offers a geofencing feature called “Who’s Working” that allows employers to set up geofences around job sites or locations. When employees enter or exit these zones, their time is automatically recorded. This is beneficial for businesses with field staff to ensure employees are at the right locations and accurately capture time worked.
The other key differences are that Elite includes project collaboration tools like estimates vs actuals tracking, a project activity feed, and timesheet signatures, while Premium lacks these advanced project management and geofencing capabilities.