Which QuickBooks Online is right for me? Choosing QuickBooks Online can be confusing. We cover the features of QuickBooks Online Advanced, QuickBooks Online Plus, QuickBooks Online Essentials, and QuickBooks Online Simple Start. This video will also show you how to receive a 50% discount on your first-year subscription to save you money.
Choosing the right version of QuickBooks Online (QBO) depends on the specific needs of your business. QuickBooks Online offers several plans, each designed to cater to different business sizes and requirements.
1. QuickBooks Online Simple Start
Best For:
- Freelancers
- Sole proprietors
- Very small businesses
Features:
- Income and expense tracking
- Capture and organize receipts
- Invoicing
- Basic reports
- Tax deductions
- One user + one accountant
Why Choose Simple Start:
- You have a straightforward business model with minimal accounting needs.
- You need basic invoicing and expense-tracking capabilities.
- You want to manage your finances on the go with mobile access.
2. QuickBooks Online Essentials
Best For:
- Small businesses with slightly more complex needs
- Businesses with multiple users
Features:
- All Simple Start features
- Manage bills and track payments
- Multiple users (up to 3)
- Time tracking
- Integration with third-party apps
Why Choose Essentials:
- You need to manage and track bills and payments.
- You require time tracking for yourself and employees.
- You have multiple users who need access to the system.
3. QuickBooks Online Plus
Best For:
- Growing small to medium-sized businesses
- Businesses needing advanced tracking and reporting
Features:
- All Essentials features
- Inventory tracking
- Project profitability tracking
- More detailed reporting
- Manage and pay bills
- Track income and expenses
- Multiple users (up to 5)
Why Choose Plus:
- You need to manage and track inventory.
- You want to track project profitability and expenses by project.
- You require more advanced and customizable reporting.
4. QuickBooks Online Advanced
Best For:
- Larger small businesses
- Businesses requiring robust features and customization
Features:
- All Plus features
- Advanced reporting and insights
- Batch invoices and expenses
- Business analytics and insights
- Dedicated account manager
- Customized access by role
- Workflow automation
- Multiple users (up to 25)
- Premium customer support
Why Choose Advanced:
- You have a larger business with complex needs.
- You need advanced reporting and analytics capabilities.
- You require more users and customized access roles.
- You want additional support and training resources.
- Key Considerations for Choosing the Right Plan
Business Size and Complexity:
- Smaller businesses or freelancers may find Simple Start or Essentials sufficient.
- Growing businesses with inventory needs or project-based work may benefit from Plus.
- Larger businesses with complex requirements should consider Advanced.
Features Required:
- List the specific features your business needs (e.g., inventory management, project tracking, bill management).
- Match these needs with the features offered by each plan.
Number of Users:
- Determine how many people will need access to QuickBooks Online.
- Ensure the plan you choose supports the number of users required.
Budget:
- Compare the costs of each plan against your budget.
- Consider the value provided by the features of each plan relative to your business needs.
QuickBooks Essentials is ideal for businesses with high accounts payable volume, providing access for up to three users simultaneously. On the other hand, the QuickBooks Online Plus Plan offers the most comprehensive features and is well-suited for large businesses, allowing access for up to five users.
Find the right QuickBooks Online version for your business from the different versions of QuickBooks Online. Discover which QuickBooks Online version is best suited and user-friendly for your business needs. Our step-by-step video tutorial will guide you in selecting the right QuickBooks Online version for your business.
[This video tutorial describes which QuickBooks Online is right for you.]
Contact us to schedule your free consultation to get the most benefit from your software. We provide custom software solutions to optimize business processes and gain a competitive advantage.
