At the Core pricing level, the automated tax filings, basic reporting features, and basic benefits management programs are enough to help a small business with a handful of employees. As a business grows and the HR requirements increase, the offerings at the Premium and Elite levels may align better. The QuickBooks Plus plan costs $49.50 per month — $99 per month after the first three months — supports five users, and includes several advanced features compared to the Essentials plan. QuickBooks is a great accounting software option but how much will QuickBooks Online actually cost you? Our QuickBooks pricing guide covers costs, extra fees, plan differences, and more.

The Best Payroll Software For Small Businesses

1. QuickBooks Plus is the most popular plan for businesses since it includes features such as inventory tracking, project management and tax support.
2. QuickBooks has also stopped allowing users to file their sales taxes online through the service.
3. A Live Bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting.
4. There are no contracts, and you can also add additional features, such as health benefits, 401(k), and workers’ compensation.

Granted, the right plan for you will vary depending on your needs, and there are alternative accounting software options on the market that may also be a good fit. Still, QuickBooks Online offers an unbeatable range of features, packaged in a solid interface with good support. These prices rose in early 2024, when this plan cost just $30 per month. QuickBooks Online offers four pricing plans that start at $35/month and cost up to $235/month, depending on the number of features and users your business needs. If you don’t need accounting just yet, our new money solution offers banking, payments, and 5.00% APY—all with no subscription or starting fees.

Read our complete guide to Square payroll pricing to learn everything you get with this affordable payroll solution. Accountants can get 30% off of the ongoing subscription price, but only if they pay for the subscription on behalf of their client. Many of my clients use Simple Start with no issues, which is the plan I usually recommend unless they need more users.

QuickBooks Online Pricing and Features

All plans (except QuickBooks Simple Start) come with an unlimited number of time-tracking-only users. If you have five employees who need to track time and only two who need access to other features in the software, you can still use the Essentials plan without upgrading to the Plus plan. Most integrations come with monthly subscription fees, so be sure to account for these extra costs when calculating your total costs for QBO. QuickBooks Online payroll costs between $50-$130/month plus $6-$11/month per employee. If your small business needs a payroll solution, be sure to add this cost to the regular QuickBooks Online monthly fee. Read our complete QuickBooks Online Payroll review for the details, and be sure to visit the QBO website to see if Intuit is running a QuickBooks payroll discount before buying.

QuickBooks Online Simple Start: $30/mo

We’ve got you covered with a breakdown of the four QuickBooks Online (QBO) plans. Learn how to know which plan is right for you and what additional costs to expect before subscribing to QuickBooks Online. Today’s leading accounting platforms offer standard security features like data certified bookkeeper encryption, secure credential tokenization and more.

QuickBooks Online Pricing And Plans (2024 Guide)

QuickBooks Self-Employed may be suitable for freelancers but falls short for professional bookkeepers due to its limitations in financial reporting and co-mingling of accounts. top 10 tax tips about filing an amended tax return Most of these programs rely heavily on paid advertising, which is an expensive and possibly unsustainable way to get new clients for your bookkeeping business. Freshbooks is an up-and-coming contender but lacks basic financial reporting capabilities, as outlined in my detailed review of the best bookkeeping software. Wave Accounting is a viable and free option for bookkeepers but has severe limitations and constraints, such as the inability to sort and filter bank feed data effectively.

Here are a few of our top choices for payroll software that are cheaper than QuickBooks Online Payroll. If you want to pass the QBO ProAdvisor exam, you’ll need to know QBO pricing and subscription levels in detail. If your client is an LLC, this could what is a lifo reserve jeopardize their LLC status and asset protection. It also muddies the bookkeeping, preventing the business owner from seeing the true state of their financial health. QuickBooks Self-Employed focuses on tracking business mileage, receipt capture, invoicing and payments, and separating business from personal transactions. As a bookkeeper, you must be familiar with pricing and features to pass the ProAdvisor exam.

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. QuickBooks Online Payroll costs between $50-$135/month plus $6-$11/month per employee, depending on which of the three QBO Payroll pricing plans you choose. Each pricing plan gains you full-service payroll with automated tax support, but the larger the plan, the more additional features and customer support you have access to. Xero is most often used by small to medium-sized businesses (SMBs). Although it has the lowest starting price, at $12 per month, it can be a little more difficult to navigate than QuickBooks or FreshBooks. Because there is an unlimited number of users that can use the program, you can maximize its use if you have a team of professionals who need access to your accounting software.

QuickBooks Online is one of the preeminent cloud-based accounting software platforms on the market. With four plans available, there are several options from which to choose, depending on your needs. In this guide, we’ll break down QuickBooks Online pricing, including plans, key features, and alternative platform costs so you can decide which option is best for you. Note, each QuickBooks Live offering requires an active QuickBooks Online subscription and additional terms, conditions, limitations and fees apply.