There are six QuickBooks versions that allow business owners to manage their accounting and finances. Each QuickBooks product varies in price, features, usability, and target audience. If you’re a small business looking for accounting software, you might want the Simple Start Plan, which allows you to create and manage invoices, estimates, bills, and sales taxes. QuickBooks’ range of over 650 integrations will help you connect your account to useful inventory meaning third-party apps and services. Perhaps you’ve already used some, like Google’s G Suite or Microsoft’s 365, or perhaps you just need to be able to accomplish something that QuickBooks doesn’t support.
Extra QuickBooks Online Costs & Fees
However, freelancers that need good tax support and don’t require the more advanced features found in QBO may find everything they need with QuickBooks Self-Solopreneur. QuickBooks Pro only supports up to three users, and you have to pay per user. QuickBooks Online supports up to 25 users based on the plan you select. Learn more about the differences between QuickBooks Online vs. QuickBooks Pro. This table takes a deep look into each program’s features, so you’ll know exactly what each version of QuickBooks is capable of.
Using QuickBooks Desktop?
QuickBooks Online plans are incredibly scalable, so you can start small and upgrade to a larger plan in the future. Here’s a complete breakdown of what’s included with each QuickBooks Online pricing plan. After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. QuickBooks Online has 750+ integrations, including 25 different payment processing options (such as QuickBooks Payments). While the numerous options seem intimidating at first, each version of QuickBooks is designed to reach a certain business size and type. Cloud-based software operates entirely in the cloud (on the internet), whereas locally-installed software is downloaded and installed on a single, on-premise computer.
QuickBooks Online Plus Plan
- QuickBooks’ range of over 650 integrations will help you connect your account to useful third-party apps and services.
- These five questions will help you narrow down your search and find what you’re looking for.
- These include time tracking, project management, inventory management, budgeting, and more.
- However, freelancers that need good tax support and don’t require the more advanced features found in QBO may find everything they need with QuickBooks Self-Solopreneur.
If you’re a single freelancer, you won’t need to manage any other employees, and you won’t need to track many sales (if any) – so the Self-Employed Plan is best for you. We’ve ranked the best self-employed accounting software, and QuickBooks is at the top. But with the right accounting or invoicing software for small businesses, filing tax information can be a simple and streamlined process. QuickBooks makes this process even easier thanks to a huge range of integrations and plug-ins you can use, with familiar names such as PayPal, Shopify and MailChimp all present and accounted for. QuickBooks has also stopped allowing users to file their sales taxes online through the service. You’ll need to file business taxes manually and update your QuickBooks account with the information afterward.
QBO also won’t teach you accounting and business principles or provide monthly checklists on how to run your bookkeeping business efficiently. QuickBooks Online Plus (not to be confused with QuickBooks Desktop Pro Plus) includes five users and advanced features. With an overall rating of 4.3/5, QuickBooks Online makes our list of the best accounting software for small businesses. One thing that FreshBooks has that QBO lacks is excellent customer support. It may also be a more affordable option provided expenses vs. assets: what is the difference you don’t have many users, as FreshBooks charges an additional fee per user. While all plans include basic accounting features, you can upgrade your plan for more advanced features.
QuickBooks Online: Overall Best For Small Businesses
Granted, the right plan for you will vary depending on your needs, and there are alternative accounting software options on the market that may also be a good fit. Still, QuickBooks Online offers an unbeatable range of features, packaged in a solid interface with good support. The QuickBooks Plus plan costs $49.50 per month — $99 per month after the first three months — supports five users, and includes several advanced features compared to the Essentials plan. These prices rose in early 2024, when this plan cost just $30 per month.
The software is incredibly expensive, and for the price you’re paying, certain features are fairly limited. Apart from being expensive, the other thing with QuickBooks Enterprise is that it really intuit to share payroll data from 1 4m small businesses with equifax isn’t an enterprise solution — it’s best for large businesses. QuickBooks Solopreneur (formerly QuickBooks Self-Employed) isn’t quite accounting software.
