You can access and sync data across all your devices – computer, tablet and smartphone. Your data is securely backed up and you have instant access to the latest product and feature updates. Additionally, you can connect QuickBooks Online to over 300 apps you already use, and save even more time. For a subscription-based Desktop plan, learn more about QuickBooks Desktop Premier Plus. QuickBooks Solopreneur (formerly known as QuickBooks Self-Employed) costs $20/month or $120 for the first year.

When To Choose A More Expensive Option Than QuickBooks Online Payroll

If you’re a single freelancer, you won’t need to manage any other employees, and you won’t need to track many sales (if any) – so the Self-Employed Plan is best for you. We’ve ranked the best self-employed accounting software, and QuickBooks is at the top. QuickBooks Online pricing offers five main plans, plus a host of add-ons for an extra monthly charge.

QuickBooks Setup Fee

Payment gateways allow you to accept payments from your customers. Common payment processing options include PayPal, Stripe, Square, and Authorize.Net. QuickBooks Online offers around 25 payment balanced budget definition processors, or you can use QuickBooks Payments. Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work.

You’ll also get free online training with this plan, which can benefit you and your employees. It has everything from the Plus plan but with more integrations and customizations. For example, you can set up automatic workflows and backups for better efficiency and productivity. If you’re a growing company, tracking employees’ billable hours will also help because you can compare budgeted and actual working hours. If you have the QuickBooks Payments add-on, they can pay directly through the invoice, making it convenient.

1. While QuickBooks Online is a reputable company with plenty of features, there are plenty of alternatives to QuickBooks Payroll.
2. If you’re a growing company, tracking employees’ billable hours will also help because you can compare budgeted and actual working hours.
3. Ramp offers a free corporate card and finance management system for small businesses.
4. To manage payroll through QuickBooks Payroll, you’ll need to pay a fee for this add-on service, with plans ranging from $45 to $125 per month, plus an additional $5 to $10 per employee per month.
5. Gusto offers affordable payroll services with basic reporting, onboarding, and health insurance administration with all of its plans.
6. QuickBooks is the platform most used by professional accountants so if you plan to work with an accountant, they will likely be very familiar with the platform, its features and capabilities.

We Want Your Feedback

But you can save on costs for 3 months with their 50% off discount. So you can get a decision in minutes and receive what is unearned revenue a definition and examples for small businesses the funding in just a couple of days after getting approved. What’s more, your financial records and accounting software are updated instantly when you print checks using your QuickBooks Online account.

QBO is Cost-Effective and Saves Time

QuickBooks Live Bookkeeping partners you with a live bookkeeper who can help you clean up and update your books. They will review your chart of accounts and ensure that your past transactions are well-organized. The Essentials plan is best for growing or service-based small businesses.

This lets you easily keep track of your business expenses and separate them from your personal ones. Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation. Help us to improve by providing some feedback on your experience today.

You can have up to 3 users per account, which is enough for a small team. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s free accounting services contract template expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

QuickBooks’ range of over 650 integrations will help you connect your account to useful third-party apps and services. Perhaps you’ve already used some, like Google’s G Suite or Microsoft’s 365, or perhaps you just need to be able to accomplish something that QuickBooks doesn’t support. Whatever the case, the right integration will make your business operations even more streamlined. QuickBooks Online also offers more automation features, which might be a better fit for small businesses — the more tasks you can delegate to the software, the more efficient your business will be. QuickBooks Desktop also has a more dated and harder-to-navigate UI than QuickBooks Online. QuickBooks Online allows up to 25 users on its most expensive plans.