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. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live bookkeeper’s work.

It also offers QuickBooks Live Bookkeeping for common size balance sheet real-time bookkeeping support and financial advice. This option is best for large businesses that could benefit from the extra support features, like a dedicated manager or virtual training classes. QuickBooks Online has a monthly pricing structure — you pick the right plan and then pay every month for the service.

It has everything from the Plus plan but with more integrations and customizations. For example, you can set up automatic workflows and backups for better efficiency and productivity. If what is a general ledger and why do you need one you have an online store, the Plus plan can be best for you. It seamlessly integrates with your store so you can track and fulfill orders from all sales channels.

1. 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.
2. QuickBooks’ range of over 650 integrations will help you connect your account to useful third-party apps and services.
3. These prices rose in early 2024, when this plan cost just $30 per month.
4. The mobile apps rank highly with Android users (3.9/5 stars) and iOS users (4.7/5 stars).
5. Once the dust had cleared, the winner was QuickBooks with a top score of 4.7 points overall.

QuickBooks Online vs. QuickBooks Desktop

When it seems like there is a business software application for everything, it pays to be choosy. Integrations are third-party add-ons that give you additional features and capabilities. QuickBooks Online has over 750 integrations to choose from, including common software programs, such as Shopify, Gusto, and Mailchimp. There are other QuickBooks Online charges in addition to the monthly subscription fee. Join the thousands of people like you already growing why is prepaid insurance a short term asset their businesses and knowledge with our team of experts.

How Does QuickBooks Online Compare To Other Accounting Software?

It’s one of the most popular accounting software options in the world, and our researchers ranked it the highest overall, meaning that it’s the top pick for the average business, small or large. This plan is best for small businesses, whether an LLC run by just one individual or a simple partnership. It’ll help someone keep their accounting data in one place, although it doesn’t offer many bells and whistles that could be useful for a larger operation. It’s worth noting, however, that these prices are part of a special deal that gets you 50% off for the first three months.

Employees can also take breaks and add timesheet details on it. If they use their smartphones, the app can alert them if they ever forget to clock in or out of the office. With QuickBooks Payments, you can accept credit and debit card payments, ACH transfers, and Apple Pay payments. This makes payments more convenient, which can lead to quicker payoffs. That way, you’re updated on the wage and overtime laws for your business. You’ll also get free online training with this plan, which can benefit you and your employees.

QuickBooks Enterprise vs. Online: Pricing comparison

You can create an unlimited number of invoices and estimates, track your expenses and manage up to 1,099 contractors. You can bring live bank feeds into your account and access a range of third-party integrations. Simple Starts includes all the features from the Self-employed Plan but adds a range of helpful additions covering everything from basic bookkeeping to budgeting. You can also receive an APR as low as 9.99% with payment terms of 6 to 24 months. You can pay monthly or weekly, depending on what’s in your loan agreement.

QuickBooks Setup Fee

QuickBooks Online offers around 25 payment processors, or you can use QuickBooks Payments. Read our full QuickBooks Checking review for more information. FreshBooks is great for self-employed individuals, sole proprietors and independent contractors.

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. Any sized business has paperwork, even just a single freelancer.