Which Version of QuickBooks Should You Use?

Which-Version-of-QuickBooks-Should-You-Use

The size and type of your company, your accounting requirements, and your financial situation will all determine which version of QuickBooks is appropriate for you.

Accounting software in the cloud, QuickBooks Online is perfect for companies of all kinds.

  1. Invoicing and payments
  2. Income and expense tracking
  3. Financial reporting
  4. Payroll
  5. Inventory management

There are several plans for QuickBooks Online, with the base plan costing $7.50 per month.

QuickBooks Desktop is a desktop-oriented accounting program that is perfect for companies requiring more sophisticated functionalities, like:

  1. Job costing
  2. Project management
  3. Time tracking
  4. Multiple currencies
  5. Inventory management

There are several versions of QuickBooks Desktop available, with annual prices beginning at $199.

Here is a table that compares the different versions of QuickBooks:

Feature

QuickBooks Online

QuickBooks Desktop

Cloud-based

Yes

No

Available on mobile devices

Yes

Yes

Easy to use

  

Features

Payroll, financial reporting, tracking income and expenses, invoicing and payments, and inventory management

job costing, project management, time tracking, multiple currencies

Price

Starting at $7.50 per month

Starting at $199 per year

Which version of QuickBooks should you use?

QuickBooks Online is a wonderful choice if you are a small business owner with simple accounting requirements. It is easy to use and offers a variety of features at a reasonable price.

If you are a business owner with more advanced accounting needs, such as job costing or multiple currencies, QuickBooks Desktop is a good option. It offers a wider range of features than QuickBooks Online, but it is also more expensive and more difficult to learn.

If you are unsure which version of QuickBooks is right for you, you can talk to a QuickBooks expert or try both versions for free for 30 days.

  1. Consider your accounting needs: What features are important to you?

The size and type of your company, your accounting requirements, and your financial situation will all determine which version of QuickBooks is appropriate for you.

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3 months ago

Your article helped me a lot, is there any more related content? Thanks!

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