QuickBooks Desktop Pro is best for small to medium-sized businesses with three users or fewer looking for strong accounting or locally-installed software. 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. QuickBooks Online is a good option for many small businesses that are looking to make 2020 tax changes for 1099 independent contractors invoicing customers easy and integrate invoicing and payments into the general ledger.
Save time and reduce errors when you connect your bank to get a full view of your finances. QuickBooks Checking Account opening is subject to identity verification and approval by Green Dot Bank. However you work, no matter what your business does, QuickBooks has a plan for you.
QuickBooks makes it easier for types of accounts your business as it calculates your income and expenses automatically as they happen. Again, QuickBooks has many reports available to analyze your bills and expenses. If you have a record of bills available, you can track upcoming payments easily to ensure timely payments of bills. Let us know how well the content on this page solved your problem today.
Unfortunately, QuickBooks no longer offers this option for purchase online. To purchase QuickBooks Desktop Pro, you will need to contact QuickBooks Sales by phone. QuickBooks Desktop Pro is the software that put QuickBooks on the map. In terms of accounting, QuickBooks Pro is one of the most developed solutions available, boasting a chart of accounts, journal entries, bank reconciliation, 130+ reports, and more. Terms, conditions, features, service and support options are subject to change without notice. If you’re a freelancer, stick with its Self-Employed plan, which is $15 per month 9after the three-month discount at $7.50).
These five questions will help you narrow down your search and find what you’re looking for. However, QuickBooks Mac Plus does noticeably lack some of the features available on QuickBooks Online, including recurring invoices and live bank feeds. QuickBooks Mac Plus also has no integrations, whereas QBO has more than 750. On the surface, QuickBooks Pro and QuickBooks Premier are very similar. Both are locally-installed accounting solutions, both offer numerous features and robust reporting, and both have numerous integrations.
Free chat support
QuickBooks Premier is best for small to medium business with five users or fewer that need strong accounting and industry-specific accounting features. QBO offers up to 25 full-fledged users total and an unlimited number of time-tracking-only users. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. Today’s leading accounting platforms offer standard security features such as data encryption, secure credential tokenization and more. Intuit reports that 94% of accounting professionals feel QuickBooks Online saves them time and thus saves their clients’ money.
Increase productivity and skip the repetition
QuickBooks Online has four pricing tiers and offers 50% off for the first three months when you purchase. The first tier is the Simple Start Plan at $15 per month for the first three months, then is $30 per month. Businesses with multiple users or that need more advanced features how to calculate retained earnings won’t find what they’re looking for here. QuickBooks Solopreneur is more tax software than accounting software, lacking many of the features you’d find with full-fledged cloud-based accounting software like QuickBooks Online. QuickBooks Online offers more features on the go and is a better overall value than QuickBooks Desktop.
- For an extra $50, sign up for a one-time live Bookkeeping setup with any of its plans.
- This allows more users (up to 25) and increases analytics for users to assess the business’s health.
- The Advanced Plan is the final tier for $100 per month for the first three months, then reverts to $200 per month.
- Features include mileage tracking, basic reporting, income and expense tracking, capture and organize receipts and estimation of quarterly taxes.
- QuickBooks Mac Plus is set up in a similar way to QuickBooks Pro or Premier but is easy to use, much like QuickBooks Online, offering users the best of both worlds.
- The Plus Plan is $45 per month for the first three months, then becomes $90 per month, and adds up to five users.
If you don’t need the advanced features offered by the Desktop plan, the Online version will save you money. QuickBooks Desktop is a good choice if you need specialized features such as inventory tracking or forecasting, and you don’t mind paying more for them. Access your account via the cloud for up to 25 users with the Online version, and pay an additional fee per user, up to 40 users, for cloud access with Desktop. What used to be a huge bulk of QuickBooks business is no longer so—it focuses mostly on its cloud version and actively encourages users to make the switch from Desktop to Online. This may signal future abandonment of its Desktop version as more people move to the cloud.
QuickBooks Desktop Pro Plus: Best For Medium Businesses
This easy-to-use and feature-rich software is ideal if you have no bookkeeping experience and want top-notch customer support. On the other hand, if you’re an accountant or someone with a great deal of accounting experience, you may like QuickBooks desktop options that use traditional accounting practices. The number of users you need will also help determine which software is best for your business. Take a look at this chart to see which product suits your business’s size.
QuickBooks Online Pricing
The real thing that sets QuickBooks Premier apart from QuickBooks Online and QuickBooks Pro is the industry-specific features. You also can have one to five users with QuickBooks Premier (instead of QuickBooks Pro’s three-user limit). We’ll break down the pros, cons, pricing, and other details for each product to help you make the most informed purchasing decision. Collaborate in QuickBooks with the accounting professionals that handle your books. When it comes to chart of accounts entries in Advanced, the sky’s the limit. Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky.