QuickBooks Online Review 2024: Features, Pros & Cons
In contrast, QuickBooks Desktop offers hardly any payment gateways, making it difficult for the modern merchant to accept online invoice payments easily. In addition to having more integrations, QuickBooks Online also has better integrations. QBO’s integrations cover more business needs and include multiple payment gateway options. Join the thousands of people like you already growing their businesses and knowledge with our team of experts. We deliver timely updates, interesting insights, and exclusive promos to your inbox.
The right fit for all kinds of businesses
However, existing Pro and Premier users can still renew their subscriptions. Alternatively, you can hire a QuickBooks ProAdvisor to help with your bookkeeping needs. To help you get started, we prepared a guide on how to find a QuickBooks ProAdvisor. Meanwhile, if you or your accountant want to become a ProAdvisor to demonstrate expertise in QuickBooks, read our article on how to become a QuickBooks ProAdvisor. Additionally, all versions of QuickBooks Desktop tax guide for independent contractors allow you to set up cost estimates for projects and then compare them to actual expenses.
This tool allows you to create consolidated financial reports across multiple company files—making it ideal for businesses that operate multiple entities and subsidiaries. Meanwhile, QuickBooks Desktop has two payroll options with prices that start at $50 per month plus $6 per employee. If you can file taxes confidently on your own, Enhanced Payroll might be suitable.
Can QuickBooks Online do payroll?
- The maximum amount of users you can have with a QuickBooks Online subscription is 25 (plus an accountant).
- Access your account via the cloud for up to 25 users with the Online version, and pay an additional fee per user, up to 40 users, for cloud access with Desktop.
- The two versions are independent of each other, which means the data you enter on Desktop doesn’t sync to the Online version and vice-versa.
- Today’s leading accounting platforms offer standard security features such as data encryption, secure credential tokenization and more.
- 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.
QuickBooks Online is your business income subject to self is cloud based, which means you can access your QuickBooks account anywhere you have the internet and an internet-enabled device. QuickBooks Desktop is desktop based, meaning you’ll buy a hard copy of QuickBooks’ software, then download that software once onto a single device. For instance, if you choose the Simple Start plan, you're the only person who can use the software—apart from your accountant, with whom you can share your business's account at no additional cost. We also don’t recommend QuickBooks Desktop to Mac users, since there’s just one desktop-based plan for Mac users.
Not sure which QuickBooks Online plan you need? We can help.
As a business grows, users can easily upgrade to a more advanced plan with additional features seamlessly. QuickBooks is the platform most used by professional accountants so if you plan to work with an accountant, they will likely be very familiar with the platform, its features and capabilities. Businesses that have purchased one-time licenses of the locally-installed QuickBooks Desktop versions that have been sunset can still use the software’s accounting features. However, these versions don’t receive security updates, live support, or access to cloud-based services such as live bank feeds, QuickBooks Desktop Payments, or QuickBooks Desktop Payroll. A popular add-on is the payroll feature where you can run payroll and access benefits in one convenient place. It does cost more to access this, which is approximately $22.50 more per month plus $6 per employee, per month.
Support network refers to a community of software users that can extend professional help to businesses. Having an independent software expert perform the bookkeeping is good for overall ease of use. achieve outcomes Lastly, our expert opinion score is our subjective rating based on our experience in trying the software. If you have employees, you can add QuickBooks Payroll to your QuickBooks Online account for as little as $45 per month plus $5 per employee.
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Since QuickBooks Online offers four cloud-based plans, it easily grows with your business. As you hire more employees or bring on more customers, you can scale up your software to match. And if you manage your business from multiple locations, you’ll want QuickBooks Online over Desktop. Only QuickBooks Online includes free access to a comprehensive version of the QuickBooks mobile accounting app, which is one of the best apps in the accounting sphere. QuickBooks is a well-established accounting software that is widely used by businesses from a variety of industries. With five plans, each at different price points, users can choose the plan that best meets their business needs without paying for additional features that they don’t want.
