The software covers all the accounting bases as well as invoicing, expense tracking, accounts payable, contact management, project management, inventory, budgeting, and more. 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. If you choose an industry-specific plan, you’ll get thorough financial reports customized to your industry. (The general business version still includes excellent reports—they’re just more broad.) For instance, the general contractor plan includes job costing and reports that organize costs by vendor.

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The Plus Plan is $45 per month for the first three months, then becomes $90 per month, and adds up to five users. It also has inventory management and gives you the ability to project profitability with forecasting reports. The Advanced Plan is the final tier for $100 per month for the first three months, then reverts to $200 per month.

QuickBooks Premier is robust, locally-installed software with plenty of features and 200+ integrations. Unfortunately, QuickBooks no longer offers this option for purchase online. To purchase QuickBooks Desktop Pro, you will need to contact QuickBooks Sales by phone. QuickBooks Solopreneur is best for freelancers, contractors, and other self-employed individuals in need of basic bookkeeping and tax support. Not only does Quickbooks Solopreneur help freelancers navigate the scary waters of estimated quarterly taxes, but it also gives them basic bookkeeping tools to track income and expenses.

1. A popular add-on is the payroll feature where you can run payroll and access benefits in one convenient place.
2. 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.
3. QuickBooks Enterprise offers around 200+ industry-specific reports to Premier’s 150+ financial reports.
4. Additionally, QuickBooks Premier supports up to five users, whereas QuickBooks Pro only supports a maximum of three.

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Or let a tax expert powered by TurboTax do your taxes for you, start to finish. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work. No matter how your customers choose to settle up, track payments in one place to make managing your business finances easier than ever.

App integration

Small businesses can customize how they use the platform so that they only use the features they need. Consider what the system’s interface looks like, how the navigation works and what setup entails. Your familiarity with accounting concepts and the availability of customer support is also worth weighing. QuickBooks Pro Plus is the most basic version of QuickBooks Desktop. This is a desktop product, meaning you download and install it on your computer. QuickBooks Pro Plus has a full range of features including invoicing, inventory tracking, reporting, billing, and income and what is gross monthly income expense tracking.

QuickBooks Solopreneur (formerly QuickBooks Self-Employed) isn’t quite accounting software. QuickBooks Self-Employed is tax software created to help freelancers manage their finances. 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. Stay updated on the latest products and services anytime anywhere. QuickBooks’ other cloud-based product, QuickBooks Self-Employed, focuses on freelancers and contractors who want to maximize end-of-year tax-write offs.

Midsized businesses with several customers or clients might benefit from the ability to track profitability with QuickBooks Plus. 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. 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.