FAQ: Which version of "QuickBooks" should I get for my business?

There are a lot of options within the "QuickBooks" ecosystem.

Well it is kinda hard to make a blanket recommendation without having a deep understanding your business needs.?Luckily I wrote an extensive comparison guide for all QuickBooks versions here: https://bit.ly/qbcomparison

Most small businesses?gravitate towards QuickBooks Online, because?is natively cloud-based, can be used with a phone/tablet as well, and it is incredibly easy to use!

QuickBooks Online is only really great for service-based needs without the need for:

• In-depth job costing reports
• Customized forms & customizable workflows/workarounds
• Inventory management
• Robust user permissions/limitations
• Payroll with fully allocatable costs/classes/labor

Here are all the versions:

$25/m??Simple Start?has 1 user, useful for invoicing, banking, and basic reports

$50/m??Essentials?has 3 users, adds recurring transactions, bills (accounts payables), and time tracking

$80/m??Plus?has 5 regular users and unlimited report-only users, adds light inventory management, budgets, classes/locations tracking, and simple project profitability

$180/m?Advanced?has up to 25 users with some light options for user permissions, custom fields, custom reports, custom workflows, expense management, spreadsheet sync, backup & restore

If you think QuickBooks Online is the right one for you, you get a 30% discount for 12 months using this link: https://quickbooks.intuit.com/irp/?cid=irp-4337#pricing

For larger/established businesses (such as businesses with $1mm+ in sales and 5+ employees), I tend to recommend QuickBooks Desktop Enterprise...

For example, if your?business behaves like a construction?company or contractor, I would probably recommend?QuickBooks Desktop Enterprise Gold which is $1,400 to $7,400 per year (based on number of users: 1-30). But, If your business is more of a wholesale business with heavy?inventory management needs, I would probably recommend?QuickBooks Desktop Enterprise Platinum, which is closer to $1700 to $7,700 per year. Additionally,

If you?are going to need the HOSTED version of QuickBooks Desktop Enterprise, "on the cloud", instead of using your own server/workstation network, you need to add about $65 per user per month to that cost.

There are also the popular "retail" versions of QuickBooks Desktop (often sold at Office Depot, Costco, etc.) as an option as well, known as Pro or Premier, but those are getting less and less improvements over years, and I no longer use them as a primary recommendation. However, their cost is still really competitive?starting at $349/year for Pro and $549/y for Premier. And, of course, my favorite version on this group, QuickBooks Desktop Accountant 2022 which sells for about $800 (WITHOUT AN ANNUAL SUBSCRIPTION, last of its kind... LOL)

Lastly, you can pay us to do a $375 diagnosis and give you a formal recommendation?of which QB and how much implementation/training you might need from us to have a successful?change of accounting system, here is the appointment system for the diagnostic session:

https://calendly.com/qbkaccounting/

I hope this information was useful...