If you are running a small and medium-sized business and you want to manage your financial transaction so, you can choose Quickbooks online subscription and it will fit in your budget and it will help you to your business.
Quickbooks provides you four Quickbooks subscriptions. In this article, we will discuss all the three plans of Quickbooks and which plan is good for you or what is the cost of each plan. Every plan has a unique feature and if you want to add more feature then you need to pay more money for more features.
Quickbooks has been released many versions of the Quickbook. It will help you to track your income, Expenses, Customer invoices & quotes, Snap & sort receipts, Connect multiple bank accounts, free updates, and you can import data from Excel spreadsheets. Now you have to analyze your business and then purchase a suitable plan.
Pricing of Quickbooks online
This is the most frequently asked question by many businessmen. Quickbooks provides four different subscription plans so the price of QB online subscription varies for different plans. In the Quickbook online subscription you can pay for monthly or yearly if you choose yearly plan then you will get this subscription cheaper than monthly payments.
Mostly Quickbooks gives a discount you can check price on the Quickbooks official website. You have to plan which comes in your budget.
The current price of Quickbooks online are the following:-
Quickbooks Start plan
This is the smallest subscription package of Quickbooks the actual price of this plan is 15 dollars but Quickbooks announced 50% off for the first 6 months. It means that you can use Quickbook at cost 7.5 dollars per month for the first 6 months after that you need to pay 15dollars.
Quickbooks Essentials plan
This plans has some additional features so the price of this plan is 11.50 dollars per month. As you read above currently you are getting 50% off for the first 6 months. The actual price of this Quickbooks is 23 dollars but now you can use Quickbooks cost at 11.50 dollars.
Quickbooks Plus Plan
The discount of 50% is also applicable in the Quickbooks plus the actual cost of this plan is 31 dollars now you use is 15.50 dollars per/month for the first six months.
Quickbooks Advanced plan
In the last few months ago Quickbooks introduce Quickbooks advance. This plan basically make for larger business and the cost of this plan is 150 per month.
Types and its Feature of Quickbooks online subscription
Simple start plan
Mainly Quickbooks provides four Subscription which is the following:-
Quickbooks are designed to keep these things in mind Small businesses, Proprietors, LLCs, and partnerships. Quickbooks allows you to create a chart of account up to 250. This plans provides the feature of doing basic accounting for small size businesses.
Features of simple start plan
Track your income and expenses in Quickbooks – Quickbooks is more secure than other accounting software it imports yours from your bank account and Quickbooks store this transaction in categories method.
Unlimited sales receipts and invoices – Quickbooks allows your customer to do online payment from their debit card, credit card, and bank transfer. You can also create your custom invoices you can see your receivable accounts and you can also check the cash flow.
Sales tax prepared automatically – Quickbooks help you to create the Sales tax automatically and help you to your sales tax on time and you get 550+ integrations.
The Essential Quickbooks online subscription plans come with three users and two accounts. Mostly small-sized businesses take this plane because it has more features as compared to a simple start plan.
Features of Essentials plans
Manage multiple users – Here you can give access up to three users. You can also give access to your employees and contractors within the working time period and they will no count against three users limit. Users must have to use provide his credentials for login.
Recurring Transactions- It means that you set the remainder for invoices, bills, sales will be created automatically on a scheduled time. For this, you need to create a template and scheduled it according to you.
Multiple currencies- If you want to do your business entire world then the multi-currencies option will help you to get rid of the problem of currency.
The plus plan allows only five users and two accountants It has all the features of the simple start plan and the Essential plan. Plus plan has the most advanced features.
Features of Essentials plans
Multiple users – Into the plus plan you can add up to 5 users and others can access the report but they can not make changes.
classes and location tracking – If you have more then one segment of businesses then you can see all activity of another location segment.
Track inventory – If your business is on buying and selling the product than this plan is suitable for you here you can keep eye on your stock and what come-in what goes-out.
Create a budget – Budget is an important part of the business. You can see the income and expenses and make a plan for the future.
Quickbooks introduced his new plan some days before and This plan is made for larger businesses. Quickbooks’ advance plans allow you to create up to 10 users.
- You can give anyone user permission and restrict some areas by doing customization.
- Quickbooks advanced gives you 5 training classes.
- You can do advanced reporting.
Quickbooks online subscription comes with four plans 1) Simple start plan, 2) Essential plans, 3) Plus plan and 4) Quickbooks advance. You can choose any plan which is suitable for you. If you are confused about which one good first you have to find your requirement according to the requirement chooses any of them. Most of the people adopt Quickbooks essential plan.