Intuit QuickBooks Update
As of July 31, 2024, Intuit QuickBooks will no longer sell new subscriptions to its QuickBooks Desktop Pro Plus, Premier Plus, Enhanced Payroll, or Mac Plus plans. Current QuickBooks Desktop subscribers can renew their subscriptions year over year, but all new sales will cease at the end of July 2024, limited to the United States only. QuickBooks will continue to sell desktop software in the form of QuickBooks Enterprise.
Intuit QuickBooks is a well-known accounting software used worldwide. While QuickBooks Online is the most popular product, Intuit offers multiple products with various plans. QuickBooks Online is recommended for small to midsize businesses, QuickBooks Solopreneur for individual business owners needing tax help, and QuickBooks Desktop for larger businesses with complex finances.
QuickBooks Products Comparison
QuickBooks
- Employees per Company Size: Micro (0-49), Small (50-249), Medium (250-999), Large (1,000-4,999)
- Features: API, General Ledger, Inventory Management
QuickBooks Online: Best overall
QuickBooks Online is recommended for most businesses for its user-friendly interface, accessibility, and mobile app features. Plans range from $30 to $200 per month.
Pricing
- QuickBooks Simple Start: $30 per month for one user
- QuickBooks Essentials: $60 per month for up to three users
- QuickBooks Plus: $90 per month for up to five users
- QuickBooks Advanced: $200 per month for up to 25 users
Features
Basic features include cash flow tracking, customizable invoices, and accounting reports. Advanced plans offer time tracking, inventory management, and more.
QuickBooks Solopreneur: Best for freelancers
QuickBooks Solopreneur is recommended for freelancers with basic bookkeeping needs at $20 per month.
Features
- Basic cash flow tracking
- Financial goal creation
- App-based mileage tracking
QuickBooks Enterprise: Best for large enterprises
QuickBooks Enterprise is a desktop-based solution for complex financial needs, starting at $1,922 per year.
Features
- Integration with over 200 third-party apps
- Inventory management
- Built-in payroll
QuickBooks Payroll: Best payroll option
QuickBooks Payroll is a cloud-based solution starting at $45 per month, recommended for QuickBooks Online users.
Features
- Full-service payroll
- Optional employee benefits
- Unlimited payroll runs
QuickBooks Live Bookkeeping: Best virtual bookkeeping service
QuickBooks Live Bookkeeping offers virtual bookkeeping services starting at $300 per month, based on monthly expenses.
Features
- Basic introduction to QuickBooks Online
- Expense categorization
- Bank reconciliation
Which Intuit QuickBooks Product Is Right for Your Business?
QuickBooks Online is recommended for most businesses, but other options like QuickBooks Solopreneur, QuickBooks Enterprise, and QuickBooks Live Bookkeeping cater to different needs. Explore the best fit for your business.
Methodology
Reviews and comparisons of QuickBooks products are based on free trials, demos, and user reviews. Star ratings are generated using criteria like pricing, features, ease of use, customer service, and firsthand testing.
Frequently Asked Questions
What are the different types of products in QuickBooks?
QuickBooks offers various accounting, payroll, and bookkeeping products, including QuickBooks Online, QuickBooks Enterprise, QuickBooks Solopreneur, QuickBooks Payroll, and more.
Is QuickBooks phasing out QuickBooks Desktop?
Most desktop-based QuickBooks products will no longer be sold in the U.S. after July 31, 2024, except for QuickBooks Enterprise. Customers outside the U.S. can still access desktop software.
