This allows more users and increases analytics for users to assess the business’s health. There is workflow automation, data restoration, batch invoices and expenses and on-demand training. This plan also gives you a dedicated account team to help with training, troubleshooting and setup.

Accept credit cards and payments anywhere and we’ll automatically calculate sales tax for you. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships. QuickBooks now offers a free small business checking account called QuickBooks Checking (formerly known as QuickBooks Cash).

• For either of those, you’ll need to have a Simple Start, Essentials or Plus plan.
• QuickBooks Online Simple Start costs $30 per month, includes only one account user (plus access for two accountants) and does not offer billable hours tracking, bill pay or inventory management.
• Don’t wait; seize the opportunity this January to empower your business with the tools it needs for a thriving year ahead.
• This allows more users and increases analytics for users to assess the business’s health.
• QuickBooks Online has a monthly pricing structure — you pick the right plan and then pay every month for the service.

This feature is ideal for service-based businesses that charge work by the hour, such as lawyers and independent contractors. QuickBooks Online’s solid set of features (invoicing, inventory management, reporting, etc.) makes it a great solution for a variety of small businesses. It’s easy to loop in your accountant and, unlike some competitors, it can scale to meet a growing business’s changing needs. After you sign up for QuickBooks Online, you’ll be able to log in to your account and access the main dashboard view. If you’re moving to QuickBooks from another accounting software, you can import your existing files to your new account. Live customer support is available for extended weekday hours, and all plans include a single customer representative dedicated to your account.

QuickBooks Contractor Payments

Your bookkeeper ensures you’re keeping track of income and expenses. Have a bookkeeper categorize expenses, reconcile accounts, and close your books with guaranteed accuracy, so you know where your business stands. With Plus, you can make POs, track them, and send them to vendors.

Software with more advanced features, such as ADP, might be a better fit, so make sure to do your research before deciding which payroll option is right for your business. Even if you never plan to use QuickBooks price levels, it may be worth turning it on just for the ability to create customer types. This is because you will then be able to run a “sales by customer type” report — segmenting out your customer list — which can be a beneficial insight for your business. If you assign products and services to categories in the items list, you will also be able to filter the price level by product category to more easily apply price levels to the applicable products.

Whatever the case, the right integration will make your business operations even more streamlined. But with the right accounting or invoicing software for small businesses, filing tax information can be a simple and streamlined process. QuickBooks makes this process even easier thanks to a huge range of integrations and plug-ins you can use, with familiar names such as PayPal, Shopify and MailChimp all present and accounted for. 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.

How simple is it to change from one QuickBooks Online plan to another?

With Spreadsheet Sync, you can easily generate custom reports in a single spreadsheet, create complex calculations, and use Excel’s built-in tools to work on your data. Once the data is finalized in Excel, you can easily post it back to QuickBooks Online Advanced. Nonetheless, Plus has an advanced job costing capability, which is helpful for construction and contracting firms. If comparing estimated costs to actual job costs is critical to your business, check out Xero. If you want a dedicated expert to handle your ongoing bookkeeping work, you can sign up for QuickBooks Live Bookkeeping, available in Simple Start and all higher plans. Read our detailed QuickBooks Live Bookkeeping review to learn more about this assisted bookkeeping add-on.

Choose The Intuit Online Payroll Premium Plan If…

Even without those higher-level plans, you can create custom tags and run reports to show where you make and spend the most money. These features can help you organize your finances and provide insights such as cost-cutting opportunities or sales trends that you can use to improve and grow your business. Available in industry-specific editions; includes inventory management, advanced reporting, job costing, priority customer service and more.

However, higher-tiered plans have additional functionality, like the ability to enter bill payments and view reports. QuickBooks Online Advanced is slightly better than Plus and the other QuickBooks Online plans in A/P and A/R because of its batch invoicing and expense management features. Batch invoicing allows you to create multiple invoices at once rather than creating them one at a time. This can be useful if you have many customers who need to be invoiced for the same products or services. You just need to create a single invoice template and then apply it to all the customers who require the same invoice. Plus includes inventory accounting that allows you to monitor stock items and quantity—a necessity if you’re selling products.

Whatever your business needs, there’s a plan for you

Compared with QuickBooks, Xero’s plans and pricing structure are simpler and less expensive. Like QuickBooks, Xero offers a free 30-day trial or discounted pricing for the first few months of use. QuickBooks Online Plus helps you manage and view all parts of your business, all in one place. Easily track labor costs, payroll, and expenses with job costing.

Is QuickBooks Online better than QuickBooks Desktop?

Your bookkeeper can’t, however, prepare or file your taxes for you as part of your Live Bookkeeping service—even if they’re a credentialed CPA. But with 12 months of accurate books, your finances are accurate and ready to file taxes at year end. Your bookkeeper will sole proprietorship go over your reports to help you understand your financial situation, but may not provide financial or business advice (even if they’re a credentialed CPA). Because your bookkeeper can’t represent your business before the IRS, they can’t give tax advice or guidance.

Add payroll to QuickBooks Online starting at $45 per month, or to Desktop starting at $50, plus $2 per employee, per month. QuickBooks Desktop is an annual subscription, starting at $549.99 per year, which may be cost-prohibitive for small businesses or cash-strapped startups. While the Desktop version has app integrations, it doesn’t have near as many as the Online version.

This means the data operates as fast as your computer, all without needing to worry about a connection issue. You must pay an additional fee for every user who wants to access the account simultaneously, whereas Online lets multiple users access the account at the same time. Advanced users receive better customer support through its Priority Circle membership. As a Priority Circle member, you get access to a dedicated customer success manager who can assist you with any questions or issues you have with your software. You will get priority support through chat and phone, with shorter wait times than non-Priority Circle members.