QuickBooks for Small Business: Which Version Do You Need?

QuickBooks Online offers four pricing plans that start at $35/month and cost up to $235/month, depending on the number of features and users your business needs. QuickBooks Enterprise is the most customizable and powerful version of all the QuickBooks products, making it ideal for larger businesses with complex finances. It builds on Premier Plus with QuickBooks’ most datacloud international advanced inventory, reporting and pricing capabilities.

QuickBooks Desktop Enterprise

All feedback, positive or negative, helps us to improve the way we help small businesses. This easy-to-use and feature-rich software is ideal if you have no bookkeeping experience and want top-notch customer support. Intuit typically offers deals where new users can get a discount on QuickBooks Payroll by bundling it with a QuickBooks Online subscription. This service gives you access to a QuickBooks debit card, cash flow forecasting, and QuickBooks Envelopes, which is a place to set aside savings. Our free QuickBooks tutorials will teach you the basics you need to know to start keeping the books for your small company or employer. Don’t be intimidated by the size of the tutorial―take one lesson or tutorial at a time.

Welcome to Fit Small Business’ free QuickBooks Online tutorials. Each provides an in-depth lesson complete with text, examples, and a comprehensive video demonstration—designed to help you better understand how to use QuickBooks Online for your business. Small and medium-sized businesses that need industry-specific tools. No, it is relatively easy to use, although corrections can be more challenging. However, so if you work with a professional accountant, they will likely have an in-depth understanding of the platform and can guide you through its functions. Yes, you can switch to another plan from any version of QuickBooks Online, QuickBooks Payroll, and QuickBooks Time.

1. Use the apps you know and love to keep your business running smoothly.
2. Larger businesses with sophisticated inventory, reporting and accounting needs.
3. Not all versions of QuickBooks offer multiple plans or make it simple to move your business from one product to another.
4. You can download the QuickBooks Online mobile app from the Google Play Store or Apple App Store.

Additionally, Premier Plus includes industry-specific features for manufacturers, wholesalers, nonprofits and retailers. A Live Bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting. Once your bookkeeper receives all the necessary documentation, they’ll typically complete your cleanup within 30 days. In some cases, your cleanup may take longer depending on timeliness of documentation and the complexity of your books.

QuickBooks Online Pricing And Plans (2024 Guide)

For Xero’s Early plan ($13), the number of invoices that users can send each month is capped at 20, but for all other Xero plans, users can send unlimited invoices. If you choose to cancel your QuickBooks Online subscription, you will still have access to your QuickBooks Money account and data. Note, each QuickBooks Live offering requires an active QuickBooks Online subscription and additional terms, conditions, limitations and fees apply. For more information about services provided by Live Bookkeeping, refer to the QuickBooks Terms of Service. If you don’t need accounting just yet, our new money solution offers banking, payments, and 5.00% APY—all with no subscription or starting fees.

What Is the Opening Balance Equity Account in QuickBooks?

QuickBooks will generate important reports that will provide you, your accountant, and your banker important insights into the financial health of your business. This QuickBooks tutorial will teach you the importance of and how to print the profit and loss report, balance sheet report, statement of cash flows, and A/R and accounts payable (A/P) aging reports. If you’re looking for an accounting product with features QuickBooks doesn’t offer — like a free starter plan — consider these alternative solutions. FreshBooks is great for self-employed individuals, sole proprietors and independent contractors. It is incredibly user-friendly and easy to navigate, so if you are a sole proprietor looking for basic accounting software, FreshBooks will meet your needs at a relatively low cost. Its basic plan is in line with QuickBooks Simple Start, at $15 per month.

Managing Business Credit Card Transactions

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. Advanced Inventory is included in the Platinum and Diamond subscriptions only. Advanced Reporting is included in all QuickBooks Desktop Enterprise subscriptions.