Once you import your desktop accounting data to TurboTax, you can get Intuit tax perks like interactive tax advice and e-filing. Clarify complexity with efficient inventory management and integrated payroll and time tracking. Plus, with access for up to 40 users, Enterprise can scale with your business as it grows. Consider the QuickBooks Pro Plus + Payroll plan if your business needs built-in payroll. In addition to everything you receive in QuickBooks Pro Plus, you’ll also have access to Enhanced Payroll. Like its other plans, Intuit frequently runs discounts for this service on its website.
- What’s more, Intuit makes it incredibly difficult to track down prices for all the additional charges you may face.
- QuickBooks Desktop is an annual subscription, starting at $549.99 per year, which may be cost-prohibitive for small businesses or cash-strapped startups.
- QuickBooks has a wide range of accounting products on top of payroll, payment and point-of-sale offerings.
- Send invoices, run reports, and get mobile alerts for key events—all on your smartphone.
If you’re searching for accounting software that’s user-friendly, full of smart features, and scales with your business, Quickbooks is a great option. Our experts recommend Xero’s accounting software for small businesses. Payment gateways allow you to accept payments from your customers. Common payment processing options include PayPal, Stripe, Square, and Authorize.Net. QuickBooks Pro offers 14 payment processing integrations, or you can use QuickBooks Payments. QuickBooks Premier and Enterprise offer significantly fewer payment gateways, so you’re basically looking at QuickBooks Payments.
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Security updates and product updates will still be released for all users who purchase a QuickBooks Desktop Plus or QuickBooks Desktop Payroll subscription before the cutoff date. Stay updated on the latest products and services anytime anywhere. No, you can no longer purchase a one-time QuickBooks Desktop prescription. You need to renew your QuickBooks Desktop subscription every year. Note that the subscription will renew automatically at the current software price, which increases each year, and not at the price you initially paid for it.
The Complete QuickBooks Versions Comparison Guide
The assisted migration offer is eligible to Desktop customers that are migrating their data and setting up QuickBooks Online. Personalized setup is limited to a 1-hour session with a customer success product expert. Intuit reserves the right to limit the number of sessions and the length and scope of each session. Assisted migration results may vary based on business complexity and file size. Terms and conditions, features, support, pricing, and service options are subject to change without notice. QuickBooks Online — often considered the industry standard for accounting software — is fairly user-friendly, but some basic accounting knowledge will help you get started.
All six software versions have extensive industry-specific reports. For instance, the nonprofit software generates end-of-year donation statements, donor contribution summaries, and tax form 990. The general business and professional services software have fewer industry specifics, but their easily customizable reports can help you craft financial documents unique to your field. Platinum or Diamond may be the way to go if you need advanced inventory and pricing. If you need more users than you can get with QuickBooks Premier but don’t need advanced features, then maybe Gold is a better option.
Your familiarity with accounting concepts and the availability of customer support is also worth weighing. Think about the specific features you want in your software and which are most important to your business’s success. Use a free trial or ask QuickBooks for a software demo if you’re stuck between products. Subscription clients in QuickBooks Desktop 2023 (R1) or older versions will need to update to the latest 2023 (R3) version before their subscription expires. Since your software for accounting is connected to the cloud, they can use their own login to access reports like the general ledger, balance sheet, or cash flow statement whenever they need.
QuickBooks ProAdvisors
At Business.org, our research is meant to offer general product and service recommendations. We don’t guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services. While QuickBooks Online walks you through every step of your account setup and has a colorful, icon-based dashboard, QuickBooks Desktop’s dashboard is much more technical and less easy on the eyes. Generally, accountants will find QuickBooks Desktop easier to use than first-time business owners with minimal accounting experience. QuickBooks used to offer a one-time QuickBooks software purchase option with a license that lasted for three years.
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. However, Desktop Enterprise’s most advanced features require internet access, including its advanced reporting functions. If you want the full QuickBooks Enterprise benefits, then you need a stable, round-the-clock internet connection. But QuickBooks Desktop’s technical interface works better for accountants and bookkeepers than small-business owners, most of whom have limited financial backgrounds. And QuickBooks Desktop plans cost more than comparable QuickBooks Online plans—which already have higher entry-level prices than competitors like Xero, FreshBooks, and Zoho Books.
A complete view of your business
We offer flexible plans and pricing to meet your needs and budget. Whether you just want help tracking receipts or you’re looking to automate complex workflows and support a large team, we have options for you. Key business tools and third-party apps work better together when they’re under one roof. Track money in and out, run payroll, and make and accept payments—all on one integrated platform.
In addition to the features offered by the Gold and Platinum plans, QuickBooks Enterprise Diamond adds Assisted Payroll and QuickBooks Time Elite. A Salesforce CRM Connector is available for this plan for an additional monthly fee and setup fee. In addition to accounting products, QuickBooks offers payroll and POS software, along with payment processing services. QuickBooks Online offers more features on the go and is a better overall value than QuickBooks Desktop. If you don’t need the advanced features offered by the Desktop plan, the Online version will save you money.
- Freelancers and independent contractors may opt for simpler options, while larger small businesses might turn to QuickBooks products with advanced inventory, sales and reporting features.
- Its highest-tiered plan is the Advanced option, which costs $100 per month for the first three months, then $200 per month after that.
- If you’re new to accounting software, it’s important that you have the time to commit to learning the software.
- If you’re looking for a cloud-based solution, QuickBooks Online offers powerful features, automatic updates, and the flexibility to work from anywhere.
We’re here to make migrating your desktop data and getting to know QuickBooks Online as seamless as possible. Easily do it yourself, or get help from a specialist if you have questions. We also offer expert-led webinars, easy-to-use guides, and free phone and chat support. QuickBooks gives us real-time insight into our business operations and I appreciate that as it allows us to be more productive. I appreciate how it tracks clients/customers, tracks payments, and keeps running calculations of what is due and when. Larger businesses will be looking at QuickBooks Premier, QuickBooks Enterprise, or the QuickBooks Online Advanced plan, depending on the number of users they need.
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. 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.
QuickBooks Online offers an incredible number of features and automations. The software covers all the accounting bases as well as invoicing, expense tracking, accounts payable, contact management, project management, inventory, budgeting, and more. Like all Intuit products, QuickBooks Desktop is fairly intuitive for most customers. However, QuickBooks Desktop isn’t quite as user-friendly as QuickBooks Online, especially for business owners who don’t know much about accounting. QuickBooks accountants can also help you close your books at the end of the year and file your business taxes. And like QuickBooks quickbooks software desktop Online, QuickBooks Desktop syncs with TurboTax tax software (all three products are owned by Intuit).