You can also connect with your accountant, making it easier at tax time. While your QuickBooks Online plan includes most of the features you’d expect from accounting software, there are a few additional add-ons available. QuickBooks Payroll is one of the most popular, with prices ranging from $50/month + $6/employee — $130/month + $11/employee. QuickBooks has been phasing out its desktop product offerings and encouraging businesses to move to using one of its online products.

How Much Is QuickBooks Online?

Additionally, there are numerous time-saving automations, such as recurring invoices and auto-scheduling. QuickBooks users can also easily apply for funding through the built-in lending platform QuickBooks Capital. Intuit is constantly offering discounts for QuickBooks Online, so be sure to check for any current promotions. All Gold features, plus advanced inventory, advanced pricing rules and workflow approvals. Standard accounting tools, including invoicing and payments, income and expense tracking, bill management and basic reporting. We believe everyone should be able to make financial decisions with confidence.

QuickBooks Online Integrations

For the Desktop version, you pay an annual fee starting at electronic filing e $1,922 per year, and the cloud-based option starts at $15 per month. Both versions have mobile apps, but the app for the Desktop version primarily functions as a way to upload receipts, and the Online mobile app is robust in comparison. QuickBooks Online offers a 30-day free trial of three of its plans, a test drive account of QuickBooks Plus, and a demo of its Advanced plan. No credit card information or contracts are required, and you can cancel the service at any time.

QuickBooks Online Vs. Desktop: What’s The Difference?

For $1,922 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. Overall, QuickBooks Online has a lot to offer in terms of features, accounting, and usability.

1. The UI has a beautiful design, though the organization could still be improved.
2. QuickBooks Online Plus gives you the functionality of Simple Start and Essentials with the added ability to track inventory and track profitability by project.
3. QuickBooks Online is one of the company’s most popular accounting software choices for small-business owners.
4. Overall, QuickBooks Online has a lot to offer in terms of features, accounting, and usability.
5. Intuit typically offers deals where new users can get a discount on QuickBooks Payroll by bundling it with a QuickBooks Online subscription.

It also gives you bill management and collects employee time for invoices to add them for proper billing. QuickBooks Online offers more features on the go and is a better overall value than QuickBooks Desktop. If you don’t need the advanced features offered by the Desktop plan, the Online version will save you money. QuickBooks Desktop is a good choice if you need specialized features such as inventory tracking or forecasting, and you don’t mind paying more for them. However, QuickBooks Online will suffice for most small businesses.

Add payroll to QuickBooks Online starting at $45 per month, or to Desktop starting at $50, plus $2 per employee, per month. The two versions are independent of each other, which means the data you enter on Desktop doesn’t sync to the Online version and vice-versa. One thing that FreshBooks has that QBO lacks is excellent customer support. It may also be a more affordable option provided you don’t have many users, as FreshBooks charges an additional fee per user. When it comes to features and integrations, QuickBooks Online and Xero are pretty evenly matched. However, Xero has a few advantages because it supports unlimited users at no additional cost, making it a solid choice for larger businesses.

However, once you’ve signed up, navigate to your account settings, and you can switch to annual billing to save 10%. All Online plans include receipt capture, QuickBooks support and more than 650 app integrations with apps such as PayPal, Square and Shopify. The software offers an impressive number of integrations and also has a few unique features you won’t find elsewhere, such as QuickBooks Live Bookkeeping service and QuickBooks Capital built-in lending. With an overall rating of 4.3/5, QuickBooks Online makes our list of the best accounting software for small businesses.

Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Prior to joining the team at Forbes Advisor, Cassie was a content operations manager and copywriting manager. QuickBooks Online outperforms FreshBooks in many other areas, including advanced features and reporting.