31-01-2022
We’ve got you covered with a breakdown of the four different QuickBooks Online (QBO) plans. We’ll discuss how to know which plan is right for you and what additional costs to expect, so you can know precisely what you’re getting into before deciding to purchase QuickBooks Online. All subscription levels of QuickBooks Online allow you to securely access your books from anywhere you can connect to the internet. There’s nothing to install, no servers or data files to maintain, and no backups needed.
- Although it has the lowest starting price, at $12 per month, it can be a little more difficult to navigate than QuickBooks or FreshBooks.
- We even consider it the best for tracking freelance income and filing tax returns in our guide to the best accounting software for freelancers.
- Ask your client’s previous accounting firm to remove them from their wholesale or ProAdvisor discount plan.
- Many QBO customers love having their payroll processor immediately integrated with their accounting software, but there are other services that offer payroll integration at a much more affordable price.
Fortunately, QuickBooks offers a 30-day free trial, so you can test out all the features for yourself. Plus, QuickBooks Desktop Enterprise comes with a 60-day money-back guarantee. If you don’t want to edit and assign customer types to customers one by one, you can also assign customers to specific types in batch. Here is an example of a sales receipt for a product with an active price level.
QuickBooks Desktop Enterprise fast facts
Your client buys their own QuickBooks Online subscription and saves up to 50% for their first year.
Once you’ve recorded your billable time, you can add them to your invoice and then send it to your client. This feature is ideal for service-based businesses that charge work by the hour, such as lawyers and independent contractors. QuickBooks offers a free one-on-one meeting with a QuickBooks ProAdvisor for new users. Your ProAdvisor will help you set up your company file, including adding your business information, setting up accounts, and connecting your bank accounts. It’s a great fit if you’ll be doing the bookkeeping yourself and don’t need inventory accounting. These extra features elevate QuickBooks above one-size-fits-all accounting software.
What is the difference between QuickBooks and QuickBooks Online?
You can set up a chart of accounts with an unlimited number of accounts to meet the needs of your business. Many QBO customers love having their payroll processor immediately integrated with their accounting software, but there are other services that offer payroll integration at a much more affordable price. As a QuickBooks ProAdvisor, Mark has extensive knowledge of QuickBooks products, allowing him to create valuable content that educates businesses on maximizing the benefits of the software. Ease of use consists of customer support, support network of bookkeepers, and user reviews. Intuit generally offers the same customer support options on all its QuickBooks Online products, but Advanced gives you access to a dedicated support manager for more personalized bookkeeping assistance. QuickBooks Advanced has many bells and whistles compared to Plus, but there are no additional features that are crucial to good bookkeeping.
So, is QBO worth the cost?
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. With Plus, you can create projects and add income, expenses, and wages.
Is QuickBooks Online a better deal than QuickBooks Desktop?
However, “Buy Now” promotions are invalid if customers use the free 30-day trial before purchasing. At a glance, QuickBooks Online pricing seems more reasonable than the Desktop version (starting at $299). We’d like to take a closer operating cycle vs cash flow cycle look at their pricing structure as well as the additional costs accumulated by QuickBooks Online users. With this method, your client purchases QuickBooks themselves and we bill them directly for their monthly subscription.
This is a 40% reduction in the current wholesale discount program and will no longer be offered by Haynie & Company except for those that are on a subscription plan that includes bookkeeping. There will be an Intuit 30% discount direct bill plan offered by Haynie & Company which is good for 12 months. QuickBooks Online payroll costs between $45-$125/month plus $6-$10/month per employee. Read our complete QuickBooks Online Payroll review for all of the details, and be sure to visit the QBO website to see if Intuit is running a QuickBooks payroll discount before buying. Get current pricing and promotions; if you work with an accounting professional, you may want to speak with your accountant or bookkeeper prior to signing up for any possible discounts or packages.
Enrolling clients
If you haven’t already, ask your client to invite you to become their accountant. No, it is relatively easy to use, though corrections can be more challenging. However, so if you work with a professional accountant, they will likely have an in-depth understanding of the platform and can guide you through its functions. Learn how ProAdvisor Preferred Pricing works so you can pass discounts on to your clients. So, as you can see above, the biggest pro is that it can help sales and potentially keep clients.