61% of freelancers today say their biggest problem is landing clients, so streamlining their process can clear room in their schedule to pursue their next gig. QuickBooks Online pricing offers five main plans, plus a host of add-ons for an extra monthly charge. Since you don’t have the additional cost of file hosting and servers, cloud-based software can actually be cheaper overall than desktop-based bookkeeping software. 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.

QuickBooks Setup Fee

On the other hand, QuickBooks is easier to learn, has strong mobile apps, and has tax support. QBO has everything you’d expect from accounting or bookkeeping software, including expense tracking, bank reconciliation, journal entries, class tracking, what is interest expense and how is it calculated and more. You can create invoices, estimates, purchase orders, and sales receipts. While the software is easier to use than its locally-installed counterparts, you may face occasional navigational difficulties. Pricing increases throughout the years also make QuickBooks Online an expensive choice for some businesses.

QuickBooks Online Advanced Plan

But what QuickBooks Pro Plus sacrifices in mobility, it more than makes up for in its features, which are more developed than what you’ll find in QuickBooks Online. QuickBooks Premier is best for small to medium business with five users or fewer that need strong accounting and industry-specific accounting features. QuickBooks Pro is locally-installed software with highly developed features like contact and lead management, expense tracking, project management, accounts payable, invoicing, and more. QBO offers up to 25 full-fledged users total and an unlimited number of time-tracking-only users.

QuickBooks support

1. 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.
2. The more expensive plans include additional users, in-depth reporting, and advanced features.
3. However, QuickBooks Pro’s features do come at a price, as this software has a steep learning curve.
4. It also supports batch importing, to help a single user create, edit, and send multiple invoices, checks, expenses, or bills.

PayPal and Square are included, as our integrations section above touches on, while Stripe and Authorize.Net are two more potential payment services. QuickBooks Online also offers more automation features, which might be a better fit for small businesses — the more tasks you can delegate to the software, the more efficient your business will be. QuickBooks Desktop also has a more dated and harder-to-navigate UI than QuickBooks how does amortization impact interest rates Online.

As a bookkeeper, you must be familiar with pricing and features to pass the ProAdvisor exam. Freshbooks is an up-and-coming contender but lacks basic financial reporting capabilities, as outlined in my detailed review of the best bookkeeping software. As a bookkeeper, finding new clients using the QBO ProAdvisor forms and instructions program is easy. Many potential clients reach out to YOU if your profile is optimized correctly. Use the apps you know and love to keep your business running smoothly.

How much does QuickBooks Self-Employed cost?

This plan is designed for freelancers who file a Schedule C IRS form to report their income as sole proprietor. If you want to pass the QBO ProAdvisor exam, you’ll need to know QBO pricing and subscription levels in detail. Many of my clients use Simple Start with no issues, which is the plan I usually recommend unless they need more users.

QuickBooks Self-Employed is tax software created to help freelancers manage their finances. Each plan varies in terms of features and the number of users allowed. This option is best for large businesses that could benefit from the extra support features, like a dedicated manager or virtual training classes. QuickBooks Online has a monthly pricing structure — you pick the right plan and then pay every month for the service. QuickBooks Desktop, however, has a three-year license, or you can pay for yearly updates.