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. Key features are the ability to track income and expenses, photograph and organize what are available for sale securities receipts, estimate quarterly taxes, send invoices, accept payments, create basic reports, and track miles on the mobile app. 61% of freelancers today say their biggest problem is landing clients, so streamlining their process can clear room in their schedule to pursue their next gig.
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Two of its competitors, FreshBooks and Sage 50 Accounting, might be a better fit for your business depending on your needs. To accurately compare top accounting software, the Tech.co research team picked out the eight core categories to divide their efforts along, from help and support to accounts payable tools. QuickBooks’ range of over 650 integrations will help you connect your account to useful 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. Whatever the case, the right integration will make your business operations even more streamlined. QuickBooks Online also offers more automation features, which might be a better fit for small businesses — the more tasks you can delegate to the software, the more efficient your business will be.
QuickBooks Plans Compared
Depending on which product you choose, you will have to make weekly payments plus APR or other fees. There are other QuickBooks Online charges in addition to the monthly subscription fee. The QuickBooks Online Simple plan costs $35/month and supports one user. We’ve got you covered with a breakdown of the four QuickBooks Online (QBO) plans. Learn how to know which plan is right for you and what additional costs to expect before subscribing to QuickBooks Online.
QuickBooks Online Advanced plan
QuickBooks Premier is ideal for small businesses looking for industry-specific features. You can purchase QuickBooks Premier Plus or have access to built-in payroll with QuickBooks Premier Plus + Payroll. Your annual subscription to either plan includes automated data recovery and backups, unlimited customer support, and automatic updates. All of these small costs can add up, making your end bill higher than the predictable $35-$235/month fee. Larger businesses with substantial accounting teams may want to consider the QuickBooks Advanced plan.
QuickBooks Online has over 750 integrations to choose from, including common software programs, such as Shopify, Gusto, and Mailchimp. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live bookkeeper’s work. All Platinum features, plus Assisted Payroll to handle federal and state payroll taxes filings for $1/employee each pay period. Users can also add a Salesforce CRM connector for $150/month and QuickBooks Time Elite for $5/employee each month.
The pricing for QuickBooks Pro and QuickBooks Premier are based on the most recently updated online pricing from Intuit. To ensure you get the most up-to-date pricing, you will need to contact the sales department for a quote. In addition to the base price of each package, you can add on options. Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. 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.
- If you are a small business or a startup, consider QuickBooks Simple Start.
- Each version has its pros and cons, so factor in ease of use and key features before making a final decision.
- The Essentials plan is a great fit for growing small businesses that have an increased number of suppliers, employees, and clients.
- There is no need to download QuickBooks Online because it is connected to the cloud, which means you can access online accounting from any device with an internet connection.
- Similarly, you can create a client database and track overdue client payments to keep on top of who owes you what.
While users didn’t have to pay an annual subscription fee, features such as unlimited customer support and automated data backup and recovery cost an additional fee. Additionally, support for QuickBooks licenses ended after three years, so users could no longer use features such as payroll or get the latest updates and security patches. Note, each QuickBooks Live offering requires an active QuickBooks Online subscription and additional terms, conditions, limitations and fees apply.
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