Among the many accounting software systems available in the market, QuickBooks is the most popular, especially for small and mid-sized businesses. With the many features and easy scalability it has to offer for small businesses, this system is most preferred by businesses that are looking for affordable accounting options. However, there is a remarkable difference between the features and prices offered by QuickBooks Online and QuickBooks Desktop.
In the online version of QuickBooks, there are three different types of plans available for small businesses: Simple Start, Essential and Plus plans. In the Simple Start plan, you get to experiment with the very basic features of QuickBooks and carry out tasks like creating invoices, estimating different figures, and downloading bank transactions. This version is available for PC, Mac and mobile in a completely functional way. However, this is a single-user version. You can get the Simple Start plan for $12.95 per month.
The Essential plan comes with all the features that the Simple Start plan has to offer along with some additional ones. Available for $26.95 per month, this plan allows up to three users to use it simultaneously. In terms of features, it allows you to pay and manage your business bills through your QuickBooks Bank Feed.
Last is the Plus plan, which offers all of the features included in the Essential plan while allowing you to prepare your 1099s and print them and to keep a track of your inventory. This plan is available for $39.95 per month.
You can determine which plan to go for by availing the free 30-day trial. So don’t let this opportunity slip out of your hands.
For those who like QuickBooks desktop better, there are again four types of programs available: QuickBooks for Mac, QuickBooks Pro, QuickBooks Premier, and QuickBooks Enterprise. The QuickBooks for Mac is designed specifically for MacOS devices and offers features like built-in tax time reports, creating estimates and invoices and tracking expenses and sales. The pricing for the software is based on a one-time payment structure but varies depending on the number of users interacting with this software. The single user QuickBooks Pro is available for $249.95, two users for $499.95, three users for $749.95, four users for $999.95 and five users for $1249.95. Also consider than most of the times, there are discounts of 20% to 25% under retail prices available.
QuickBooks Pro is available for Windows desktop PCs. Allowing you to carry out tasks like sales and expenses tracking, invoice creation, estimation and built-in tax time reports creation, this software is available for a one-time price of $249.95. However, you can also get this plan on an annual subscription basis for $299.95 per year. By choosing this option, you will get additional services like data backup system, user support and regular automatic updates.
As for the QuickBooks Premier plan, this with all the features of Pro plan and also includes additional features like sales orders, forecasting, planning and other industry-specific tools and reports. The prices are one-time payments and are $399.95 for a single user, $799.95 for two users, $1199.95 for three users, $1599.95 for four users and $1999.95 for five users. Same as Pro, you need to also consider than most of the times, there are discounts of 20% to 25% under retail prices available.
For small businesses, it is easy to select any of these plans depending on what their requirements are and what they can currently afford. When they grow, the easily scalable software can expand and provide the additional services they would need.