Learn about how manage inventory products and how to create an inventory product in QuickBooks Online. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one. For an extra $50, sign up for a one-time live Bookkeeping setup with any of its plans.
Get all the tools you need to manage your business
However, QuickBooks Online will suffice for most small businesses. If you choose to cancel your QuickBooks Online subscription, you will still have access to your QuickBooks Money account and data. 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.
QuickBooks Money
- However, once you’ve signed up, navigate to your account settings, and you can switch to annual billing to save 10%.
- Use the apps you know and love to keep your business running smoothly.
- Large businesses that need access for up to 25 users will probably want to go with QuickBooks Advanced.
- As a business grows, users can easily upgrade to a more advanced plan with additional features seamlessly.
QuickBooks Online is a cloud-based accounting platform while QuickBooks is a desktop program that provides additional inventory management features. QuickBooks Online is one of the preeminent cloud-based accounting software platforms on the market. With four plans available, there are several options from which to choose, depending on your needs. In this guide, we’ll break down QuickBooks Online pricing, including plans, key features, and alternative platform costs so you can decide which option is best for you. The QuickBooks Online plan that’s best for you largely depends on the number of users who will be using the program, the size of your business and your particular needs.
Using QuickBooks Desktop?
Protect sensitive data with user-level access to specific features and share reports with up to 3 log-ins. Automatically sort business expenses into the right tax categories to keep more of what you earn at tax time. Automatically sort transactions from connected accounts into tax categories for easy organization.
When working with the Desktop version, it’s downloaded right to your computer. This means the data operates as fast as your computer, all without needing to worry about a connection issue. This introduces another notable issue with the Desktop software.
All Online plans include receipt capture, QuickBooks support and more than 650 app integrations with apps such as PayPal, Square and Shopify. QuickBooks Online Essentials gives businesses with up to three users the ability to track income and expenses, manage accounts receivable, and stay on top of accounts payable (money owed to suppliers). It also gives you the ability to run accounts payable aging reports so you keep up on bill due dates. You can also connect with your accountant, making it easier at tax time.
Advanced Pricing / Control, customize, and automate pricing is included in the Platinum and Diamond subscriptions only. Yes, you can switch to another plan from any version of QuickBooks Online, QuickBooks Payroll, and QuickBooks Time. Banking services provided by our partner, Green Dot Bank, Member FDIC. Get paid and manage your business money with one simple tool. That’s why we keep our programs as user friendly as possible. If you’d like additional help, there are tutorials available on accounting profit vs normal profit a wide range of accounting terms, skills and how-tos in our QuickBooks Tutorials section.