Add payroll to QuickBooks Online starting at $45 per what is advanced research projects agency arpa month, or to Desktop starting at $50, plus $2 per employee, per month. Access your account via the cloud for up to 25 users with the Online version, and pay an additional fee per user, up to 40 users, for cloud access with Desktop. What used to be a huge bulk of QuickBooks business is no longer so—it focuses mostly on its cloud version and actively encourages users to make the switch from Desktop to Online. This may signal future abandonment of its Desktop version as more people move to the cloud. If you make the switch from Desktop to Online, you can import your data and access your original company file at any time. When working with the Desktop version, it’s downloaded right to your computer.
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. QuickBooks Online, which you’ll need to process payments through QuickBooks Payments, allows you to sign up for a free 30-day trial period. However, keep in mind that the company offers significant discounts for a three-month trial period that are not available to people signing up for the first month free. To compare transaction fees, you will need to consider how much money you plan to process per month. The rates for each company change based on the processing amounts, as well as whether you process payments in person or online.
How much does QuickBooks Payments cost?
Between the QuickBooks Online monthly fee and add-on costs, the monthly pricing of QuickBooks Online can add up quickly. QuickBooks Capital offers term loans up to $200,000 and an invoice financing option that provides landlord tax guide up to $50,000 to eligible QBO users. 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.
- Both versions offer automatic syncing with your bank so you can categorize transactions.
- QuickBooks Solopreneur (formerly known as QuickBooks Self-Employed) costs $20/month or $120 for the first year.
- Join the thousands of people like you already growing their businesses and knowledge with our team of experts.
Most people have heard of QuickBooks in the context of bookkeeping software that allows you to keep track of invoices and accounting for small and medium businesses. QuickBooks Payments lets you accept payments for your business and is a particularly convenient way to keep all payments and accounting in one place for QuickBooks customers. Its highest-tiered plan is the Advanced option, which costs $100 per month for the first three months, then $200 per month after that. One of the biggest issues you’ll find with QuickBooks is poor customer support. There are also a few kinks in how the software is organized, and the software can be a little expensive, especially if you upgrade to the Advanced plan for more features and users.
Is QuickBooks Payments Right for You or Your Business?
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. Although many customers like QuickBooks Online, there are a few significant shortcomings to the software.
QuickBooks Solopreneur pricing
However, QuickBooks Online may be the ideal solution for businesses that want lots of features in easy-to-use, how to depreciate furniture cloud-based software. If QuickBooks pricing is out of your budget or if the complexity of its plans and pricing structures has your head spinning, here are a few alternative accounting software solutions to consider instead. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews.
QuickBooks Online Fees & Extra Costs
It may also be a more affordable option provided you don’t have many users, as FreshBooks charges an additional fee per user. On the other hand, QuickBooks is easier to learn, has strong mobile apps, and has tax support. 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. The mobile apps rank highly with Android users (3.9/5 stars) and iOS users (4.7/5 stars). As far as the quality of customer support, QuickBooks Online users are split.
We believe everyone should be able to make financial decisions with confidence. Let us know how well the content on this page solved your problem today. All feedback, positive or negative, helps us to improve the way we help small businesses. If you want to give QuickBooks a try before buying, you can sign up for a free 30-day trial or use the company’s interactive test drive that’s set up with a sample company. Intuit typically offers deals where new users can get a discount on QuickBooks Payroll by bundling it with a QuickBooks Online subscription.