If you file taxes in more than one state, each additional state is currently $12/month. Active subscription, Internet access and Federal Employer Identification Number (FEIN) required. QuickBooks Desktop Payroll requires a supported version of QuickBooks Desktop Enterprise updated to the most current maintenance release. QuickBooks Desktop Enterprise supports over 100,000 employees, customers, vendors and other names combined. However, performance may slow when processing files containing more than 250 employees.
Your business size and structure will determine which QuickBooks Online plan is best. If you’re a single freelancer, you won’t need to manage any other employees, and you won’t need to track many sales (if any) – so the Self-Employed Plan is best for you. We’ve ranked the best self-employed accounting software, and QuickBooks is at the top. Setting up the software involves plenty of one-time tasks that you’ll want to get right the first time, like connecting your bank account and setting up a series of automated processes and templates. Through Live Bookkeeping, you’ll get a single one-on-one session that can clear up any questions and start your accounting software subscription off on the right foot.
Choose the QuickBooks Desktop or Online product for your needs
QuickBooks Self-Employed is not included in the case study because it is not a full double-entry bookkeeping system. QuickBooks Desktop no longer offers licenses; instead you have to accounting, tax and business advisors buy a yearly subscription. A QuickBooks Desktop Pro subscription costs $350/year, while QuickBooks Desktop Premier costs $550/year, and QuickBooks Enterprise costs $1,740+/year.
- Learn more about the details of each additional QuickBooks product or fee below.
- POs are essential because they help you specify what products and services you need from your vendor or supplier and by when you need them.
- While they’re both cheaper than QuickBooks Premier, they’re also far less robust.
- Latest available version of Intuit Data Protect for your version of QuickBooks is required to ensure proper functioning.
We’ll also discuss the features of each product and guide you on how to choose the right QuickBooks Desktop edition for your business. Your bookkeeper ensures you’re keeping track of income and expenses. Your bookkeeper categorizes transactions and reconciles accounts for you, freeing up time to focus on your business. Have a bookkeeper categorize expenses, reconcile accounts, and close your books with guaranteed accuracy, so you know where your business stands.
Can I buy QuickBooks Desktop without a subscription?
Through the QuickBooks app, you can snap receipts and upload expenses, which are then automatically sorted into tax categories for easier end-of-year tax deductions. For $1,410 per year, get the Enterprise plan with advanced pricing, reporting and inventory. The higher your plan tier, the more reports and users you can add, although it’s important to understand concurrent users are each sold separately. Whether QuickBooks Online is a better deal than QuickBooks Desktop depends on the needs of your business. QuickBooks Online can be a more cost-efficient option for businesses with multiple users that don’t want to navigate the steep learning curve of QuickBooks Desktop.
Read our full QuickBooks Desktop vs QuickBooks Online comparison for more information. QuickBooks Enterprise Gold differs from the Silver package in that Gold includes QuickBooks Enhanced Payroll. These features are available in every QuickBooks Enterprise subscription. Ask questions, get answers, and join our large community of QuickBooks users. QuickBooks Live Bookkeeping is, hands down, why I have been able to stop waking up in the middle of the night panicking about the financial end of my business. Learn how our Live Bookkeepers are helping small businesses get more done.
Payment gateways allow you to accept payments from your customers. Common payment processing options include PayPal, Stripe, Square, and Authorize.Net. QuickBooks Online offers around 25 payment processors, or you can use QuickBooks Payments.
QuickBooks Self-Employed vs QuickBooks Simple Start
These prices have risen slightly since early 2023, when this plan cost just $55 per month. For businesses that prefer locally installed software, Sage offers a few different plan options with pricing that’s relatively comparable to QuickBooks Desktop pricing. While Sage does not offer a free trial, the company does allow you to cancel your subscription at any time and offers a full refund within 60 days. Whether your small business sells products or services, you might sometimes want to offer sales and discounts as incentives. With QuickBooks Online, you can make these price adjustments automatic, set them up to run for a specific time period, and extend the adjusted price to all your customers or just a certain segment. While customers aren’t limited to sending a certain number of invoices each month, they can only invoice a certain number of customers with each plan.
Let us know how well the content on this page solved your problem today. All feedback, positive or negative, helps us to improve the way we help small businesses. You can switch from QuickBooks Pro Plus to QuickBooks Premier Plus or go from QuickBooks Premier Plus to QuickBooks Enterprise — whatever your heart desires (and your business requires). If you previously purchased QuickBooks Desktop licensing, you can continue to use the software as long as you like. However, be aware that support for your product will end three years after its release.
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. Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities.
Create a TechRepublic Account
FreshBooks is great for self-employed individuals, sole proprietors and independent contractors. It is incredibly user-friendly and easy to navigate, so if you are a sole proprietor looking for basic accounting software, FreshBooks will meet your needs at a relatively low cost. Its basic plan is in line with QuickBooks Simple Start, at $15 per month. Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one. If you’re a small business looking for accounting software, you might want the Simple Start Plan, which allows you to create and manage invoices, estimates, bills, and sales taxes.
Can I access my data if I decide to cancel my subscription?
A key added feature of the QuickBooks Essentials plan is the ability to manage unpaid bills and allocate billable time and expenses to a specific customer. Additionally, QuickBooks Essentials will send reminders regarding upcoming bills to be paid so that you don’t miss a payment. If you choose to cancel your QuickBooks Online subscription, you will still have access to your QuickBooks Money account and data. FreshBooks tailors its plan tiers to business type, making it easier to navigate your options. Reasonable monthly pricing makes FreshBooks an affordable option for self-employed and freelance workers. Like QuickBooks, FreshBooks offers a free 30-day trial of its product or the option to receive a discounted price for the first several months.
If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work. Some of Xero’s plans cost less than QuickBooks’ plans, but most do not. Xero’s plans cost $13, $37, and $70 per month, compared to the QuickBooks $15, $30, and $60 per month plans. The QuickBooks software offers dropdown menus for easy access to its many tools.
