If you need accounting features, you can explore more QuickBooks plans to find the right fit for your business. Gusto offers affordable payroll services with basic reporting, onboarding, and health insurance administration with all of its plans. It tops our best payroll software list as the best overall payroll software for small businesses. Your budget and the amount of work you want to put into your payroll can help you decide which QBO Payroll plan is right for you. 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.
Similarly, you can create a client database and track overdue client payments to keep on top of who owes you what. At the end of the day, the cost of QuickBooks Online depends on your business’s needs, and the cost of QuickBooks doesn’t stop at just $35/month for most businesses. Integrations are third-party add-ons that give you additional features and capabilities.
QuickBooks Online Pricing And Plans (2024 Guide)
Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services. 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.
Talk to our sales team
While QuickBooks products work for many businesses, they aren’t the best choice create an invoice in word for all businesses. If neither of these options seems to be the right fit or you’re just exploring your options, make sure to check out our list of the best accounting software for small businesses for more great options. If you go with QuickBooks Desktop Pro or Premier, a payroll add-on is available for an additional monthly fee. While these products will still be available to existing users, QuickBooks Desktop Payroll for Pro and Premier will no longer be available for new users to purchase starting on September 31, 2024.
- However, the QuickBooks Desktop app is a very pared-down version of the desktop and is poorly rated.
- But there are some general guidelines to know which version might be the one for your business (and your budget).
- Read on for a breakdown of QuickBooks Online plans and costs, along with guidance on which package is right for your business.
- QuickBooks Online is a subscription-based product that gives you the freedom to work on the go.
QuickBooks Solopreneur is an easy-to-use version of QuickBooks for solo business owners. If you are a sole proprietor who uses Schedule C (form 1040), QuickBooks Solopreneur is designed for businesses like yours. To learn more about what is included in each version of QuickBooks, keep reading or explore QuickBooks Online subscription levels. Click here for the latest QuickBooks Online pricing, promotions, and subscription information.
Between the QuickBooks Online monthly fee and add-on costs, the monthly pricing of QuickBooks Online can add up fiscal quarter quickly. QuickBooks now offers a free small business checking account called QuickBooks Checking (formerly known as QuickBooks Cash). Opening a QuickBooks Checking account is free, with no monthly fees or account minimums. The QuickBooks Online Simple plan costs $35/month and supports one user. Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one. 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.
Industry-Specific Features
FreshBooks’ pricing starts at $17 per month, so it costs a little less than QuickBooks’ $20-per-month plan. FreshBooks stands out for a great set of features, but it does not offer the payroll processing or advanced tools that QuickBooks has. All plans (except QuickBooks Simple Start) come with an unlimited number of time-tracking-only users.
QuickBooks Online Additional Fees and Features
But there are some general guidelines to know which version might be the one for your business (and your budget). QuickBooks Online supports up to 25 users, hedge fund administration services which does fall short of the 40 users supported under QuickBooks Desktop. Both QuickBooks Desktop and QuickBooks Online utilize a subscription pricing model. For just $50, QuickBooks Live Bookkeeping will set you up with an expert for one session.