With strong accounting capabilities, impressive features, 750+ integrations, and fully-featured mobile apps, it’s no wonder QuickBooks Online is one of our top accounting recommendations. Though there are occasional navigation difficulties, QBO is incredibly easy to use overall. There are six QuickBooks versions that allow business owners to manage their accounting and finances.
Standard accounting tools, including invoicing and payments, income and expense tracking, bill management and basic reporting. Quicken Premier is a similar midtier plan that offers expense tracking and invoicing, but it falls short without industry-specific reporting and automatic payment reminders. 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.
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. Users can switch plans or cancel without having to pay termination fees. Live customer support is available by online chat and callback weekdays during extended business hours and on Saturdays.
5 million customers
Both plans are billed annually and include c corporation taxes automated backup and recovery, unlimited customer support, and automatic updates. QuickBooks Mac Plus — also known as QuickBooks for Mac — is locally-installed accounting software designed specifically for Mac users. QuickBooks Mac Plus has the usability of QBO matched with the advanced features and accounting of the other QuickBooks Desktop products.
If you choose to frederick j ott — pollock-randall funeral home cancel your QuickBooks Online subscription, you will still have access to your QuickBooks Money account and data. QuickBooks Desktop Pro Plus is ideal for small businesses that need robust, locally installed accounting software for up to three users. An upgraded plan that includes QuickBooks Enhanced Payroll is also available, or you can purchase QuickBooks Payroll as an add-on.
How QuickBooks Premier Plus Stacks Up
However, locally-installed software can be more secure and offers a level of feature depth that the cloud often can’t touch. However, businesses with three or fewer users that plan to use only the standard version of QuickBooks Premier are better off saving their time (and money!) by signing up for QuickBooks Pro. However, QuickBooks custom 2 part business forms hvac service Pro’s features do come at a price, as this software has a steep learning curve. If you’re new to accounting software, it’s important that you have the time to commit to learning the software. If not, QuickBooks Online is much more user-friendly, even for accounting newbies. The downside of QuickBooks Online is that customer support is a bit lacking, and the subscription fee can be a bit expensive for smaller businesses in need of advanced features.
- The software is incredibly expensive, and for the price you’re paying, certain features are fairly limited.
- Active subscription, Internet access, Federal Employer Identification Number (FEIN), and U.S. billing address required.
- You can easily separate personal and business expenses, which is ideal for freelancers who don’t have separate business bank accounts.
If you want a happy medium, QuickBooks Mac Plus might be a good balance since its UI is easier to use without sacrificing advanced and customizable features. The type of business you run has a huge influence on which QuickBooks product is right for you. If you’re a freelancer, QuickBooks Solopreneur is the obvious choice. If you’re running a small business, you’ll be comparing QuickBooks Online or QuickBooks Pro. The first major deciding factor is whether or not you want cloud-based or locally-installed software.
Support
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. If you’re seeking a desktop-based solution for your small business’s accounting needs, QuickBooks Premier is a solid pick. It offers industry-specific reporting in five different fields, helping you to customize your finances.
If you aren’t currently a QuickBooks Desktop customer, you’ll have to decide quickly if you want to use this accounting software. After July 31, 2024, new subscriptions will no longer be sold in the US for QuickBooks Pro, QuickBooks Premier, QuickBooks Mac, and QuickBooks Enhanced Payroll. One of the biggest differences between QuickBooks Pro and QuickBooks Premier is that Quickbooks Premier offers six industry-specific versions of the software in addition to the standard version.