Which Quickbooks Online option is right for you?

Quickbooks Online has four major options for businesses: Simple Start, Essentials, Plus, and Advanced. It is important to find the right fit for your company so you get the best reporting and functional help for your business, without overpaying.

Simple Start is the most basic plan and is usually used by freelancers and very small businesses. You can track income, send invoices, and manage expenses. Essentials adds time tracking (to bill customers for time) and bill management, allowing accounts payable. Plus adds inventory, project tracking, and up to 40 tracked classes and locations (allowing profitability of departments, product lines, or locations). Advanced is typically for larger businesses and includes unlimited tracked classes and locations, custom fields, advanced automation, and reporting capabilities.

Quickbooks Online Payroll also has three tiers: Core, Premium, and Elite. These are add-on features or standalone without Quickbooks Online. Core is the entry-level plan that has automated federal and state tax payments and direct deposit. Premium adds same-day deposit and time tracking for your employees via a mobile app. Elite adds project tracking, 24/7 product support, and tax penalty protections where Quickbooks assumes responsibility for penalties.

If you need any help deciding which is best, I'm happy to help. By signing up with Quickbooks Online through me, you get a 30% discount on monthly services.

Christine Thompson

I help business owners see their business clearly so they can use their time and mental energy to do their passion – create, build their business, and make money.

https://www.claritybookkeepingbychristine.com
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