If your business is service-based without any inventory, then Essentials should provide everything you need while saving you $30 per month compared to Plus. If you’re scaling from five to 25 users and need advanced features like fixed asset accounting, then go with Advanced. Ease of use gets the highest weight in this case study because we want to give more credit to easy accounting software. For this section, we considered customer service, support network, and a subjective expert opinion score.

There’s also a side-by-side software comparison chart for QuickBooks features and prices. You can switch from QuickBooks Pro Plus to QuickBooks Premier Plus or go from QuickBooks Premier Plus to QuickBooks Enterprise — whatever your heart desires (and your business requires). If you previously purchased QuickBooks Desktop licensing, you can continue to use the software as long as you like. However, be aware that support for your product will end three years after its release.

  1. Although you can track expenses, QuickBooks Simple Start doesn’t enable users to pay bills.
  2. The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
  3. Businesses with simple accounting needs and a smaller budget for software.
  4. Your bookkeeper ensures you’re keeping track of income and expenses.

Your bookkeeper brings your past financials up-to-date and sets up your bank connections and chart of accounts. At your request, QuickBooks will conduct a full evaluation of your bookkeeper’s work. Have a bookkeeper categorize expenses, reconcile accounts, and close your books with guaranteed accuracy, so you know where your business stands.

You can create an unlimited number of invoices and estimates, as well as tracking your expenses, managing business contacts — you can also manage up to 1,099 contractors. You can bring live bank feeds into your account and access a range of third-party integrations. QuickBooks has begun decreasing its desktop product offerings and encouraging businesses, where appropriate, to move to using one of its online products.

QuickBooks Contractor Payments

Like QuickBooks, FreshBooks offers a free 30-day trial of its product or the option to receive a discounted price for the first several months. Although you can track expenses, QuickBooks Simple Start doesn’t enable users to pay bills. Advanced is slightly better than Plus and the other QuickBooks Online plans in A/P and A/R because of its batch invoicing and expense management features. Batch invoicing allows you to create multiple invoices at once rather than creating them one at a time. This can be useful if you have many customers who need to be invoiced for the same products or services.

QuickBooks Online is one of the company’s most popular accounting software choices for small-business owners. QuickBooks Online pricing is based on a monthly subscription model, and each plan includes a specific number of users. First-time QuickBooks Online users can typically receive a free 30-day trial or a discount for the first few months of service.

After that, you can add your worker’s comp policy and set up your payroll taxes. Finally, you can connect to your bank account and sign your tax forms. It seems complicated, but QuickBooks the mysteries of Online walks you through the entire process. Your budget and the amount of work you want to put into your payroll can help you decide which QBO Payroll plan is right for you.

QuickBooks Premier Plus

The answers to these questions should help you determine which plan is best for your business. QuickBooks Online is almost always offering a discount on its website, so be sure to check for any promotions before buying. You can purchase checks, voucher checks, business wallet checks, and more from QuickBooks. Standard checks begin at $46.26 per 50 checks; prices vary by check type and amount. This service gives you access to a QuickBooks debit card, cash flow forecasting, and QuickBooks Envelopes, which is a place to set aside savings. For just $50, QuickBooks Live Bookkeeping will set you up with an expert for one session.

You will need to purchase a separate QuickBooks Online Payroll monthly subscription to use this feature. A 30-day free trial is available if you’d like to test out QuickBooks Online Payroll before signing up. One final thing to note is that budget shouldn’t be the only determining factor in selecting your payroll software. Software with more advanced features, such as ADP, might be a better fit, so make sure to do your research before deciding which payroll option is right for your business. Has all the features of the Essentials plan, plus project tracking, inventory tracking, and connecting with unlimited sales channels. The software must also have a mobile app to enable users to perform accounting tasks even when away from their laptops or desktops.

Refer to our preparation software comparison chart to find the best software for your firm.

Intuit QuickBooks’ invoicing capabilities are part of the larger QuickBooks ecosystem, a popular accounting software for small and large businesses. QuickBooks allows you to create and customize an invoice for clients, and then accept credit card, debit card or bank transfer payments within the invoice itself. QuickBooks Online’s invoicing feature is a great option for business owners who are already using QuickBooks for their business or plan to in the future. There are many factors that go into the cost of QuickBooks, including the plan you choose and adding in extras, such as payroll, payment processing, and bookkeeping services. At a minimum, you will pay $30/month for a QuickBooks Online Simple Start subscription. The QuickBooks Plus plan costs $90 per month, supports five users, and includes several advanced features compared to the Essentials plan.

QuickBooks Online at a Glance

It also comes with the ability to track sales, customer payments, product costs and more. Also, if you’d like to add on the ability to accept online payments for your invoices, you’ll need to sign up for QuickBooks Payments. There is a free plan that charges $3 for automated clearing house (ACH) bank transfers and anywhere from 2.4% to 3.5% plus 30 cents for credit card transactions. To get a discount on those rates of 1.6% to 3.3% plus 30 cents, you can pay a monthly $20 service fee. Between the QuickBooks Online monthly fee, monthly payroll cost, bookkeeping support, payment processing fees, and other integrations, the cost of QuickBooks Online can add up quickly.

If you have a lot of personal investments, you’ll love Quicken’s comprehensive analysis tools that let you monitor your portfolio with benchmark comparisons, buy/sell optimizer, watchlists and more. If you’d like to use this service to pay your W-2 employees and 1099 contractors, you’ll need to pay an extra $500 per year, plus $2 per employee. Whether you use QuickBooks Payments or another payment gateway, be sure to take potential credit card fees into account when calculating how much you’ll be spending on software each month. In addition to the monthly subscription price, there are a few other QuickBooks Online charges to be aware of.

Peace-of-mind notice and audit assistance from a team of expert EA and CPA case resolution specialists, and identity theft restoration services. Work-from-anywhere capabilities mirror your desktop setup for a seamless integrated workflow. Extend the functionality of your tax preparer software with essential tools that increase firm efficiency. There are no contracts, and you can also add additional features, such as health benefits, 401(k), and workers’ compensation. Users can get in touch with QuickBooks representatives via online chat, email or phone. Lastly, QuickBooks has an active community where QuickBooks veterans and other users provide answers to questions.

QuickBooks Desktop, on the other hand, is locally installed with a license pricing model. Some of Xero’s plans cost less than QuickBooks’ plans, but most do not. Xero’s plans cost $13, $37, and $70 per month, compared to the QuickBooks $20, $30, and $60 per month plans. https://intuit-payroll.org/ If you invoke the guarantee, QuickBooks will conduct an evaluation of the Live Bookkeeper’s work. Starts at $4,400/year for one user (only offered as a monthly subscription). Many or all of the products featured here are from our partners who compensate us.

If you purchase QuickBooks Online payroll, these forms may be included, depending on your chosen payroll plan. You can set up a free consultation with the Intuit QuickBooks team to get all of the pricing details. The ultimate cost of QuickBooks Live Bookkeeping depends on the number of monthly expenses your business has and the scope of work the QuickBooks certified bookkeeper would be performing. The QuickBooks Online Advanced plan is designed for larger businesses.

Find a plan that’s right for you

Our top pick for accounting software is Zoho Books, though QuickBooks did nab the number four spot in our ranking. See the full list of the best accounting software in our 2024 ranking guide. If your business has a lot of bills and receipts to keep track of, the new Desktop mobile app lets you scan these with your phone and then parses them into your records automatically.