QuickBooks Fees & Costs Subscription, Add-ons, & Payments

QuickBooks Online is a leader in the accounting industry with it being the bookkeeping software of choice for many accountants, certified public accountants (CPAs) and bookkeepers. When comparing it to other bookkeeping providers, such as FreshBooks and Xero, we note that all three have a 30-day free trial to test the system out. This is important to note since you’ll want to make sure that it is capable of doing what you need in a manner that you understand and can digest. If you’re seeking a desktop-based solution for your small business’s accounting needs, QuickBooks Premier is a solid pick. It offers industry-specific reporting in five different fields, helping you to customize your finances.

Cleanup typically takes 30 days once you upload your required docs. If your monthly average is $50,001 or more, the monthly price for QuickBooks Live is $400. If your monthly average is $10,001-50,000, the monthly price for QuickBooks Live is $300.

QuickBooks Online Pricing FAQs

For example, Self-Employed is best for freelancers or solopreneurs, while Simple Start is ideal for small businesses wanting to track assets and liabilities. Essentials is preferable if you need to track unpaid bills, while Plus is great if you require inventory and project management. QuickBooks certified public accountant vs enrolled agent salary Advanced has many bells and whistles compared to Plus, but there are no additional features that are crucial to good bookkeeping. However, it removes the limitations on the number of classes, locations, and chart of accounts, making it ideal for businesses with a growing staff.

Intuit Merchant Services doesn’t charge any set-up fees for credit card processing. Swiped credit cards and debit cards require your own card reader or a mobile card reader provided by Intuit Merchant Services through your QuickBooks merchant account. If you’re evaluating or currently using QuickBooks as your accounting software, have you considered including fees in your budget? If you use QuickBooks Payments, these fees range from basic subscription fees to credit card processing fees.

QuickBooks Time

If you’ve done several jobs for a client, you can consolidate multiple invoices into one email so they aren’t overloaded with spam. After a customer pays, you can present an air of professionalism with personalized payment receipts. Along with these 150 reports, you’ll also be able to enter up to 14,500 inventory items, which should be more than enough for most businesses. Your chart of accounts can also hold up to 10,000 entries, which again, should be ample. Businesses will need to upgrade to the higher QuickBooks Online plans to use inventory accounting features, such as the ability to track stock items and value and automatically update quantities.

• QuickBooks Desktop, on the other hand, is locally installed with a license pricing model.
• The cheapest version of QuickBooks Desktop is Quickbooks Desktop Pro which costs $349.99/year.
• You’ll be able to track bills, set up recurring billing, track expenses, record payments in multiple currencies, and scan bills to keep abreast of all the money your company is owed.

With five plans available, including a plan specifically for self-employed individuals and independent contractors, 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. QuickBooks Enterprise has significantly fewer additional fees than QuickBooks Pro and Premier since many features are included with your annual subscription.

QuickBooks Pro Plus

Businesses with inventory will likely get the most benefit from QuickBooks Plus. Large businesses that need access for up to 25 users will probably want to go with QuickBooks Advanced. Preferential rates offered to new QuickBooks Payments customers only as long as they maintain an active QuickBooks Enterprise Solutions Full Service Plan (FSP).

Accurate Books Guarantee is only available for active customers of QuickBooks Live Monthly Bookkeeping who have provided their current business tax return. If your Live Bookkeeper makes an error that requires you to re-open your books for any month, we’ll correct the error in your books for the month that the error occurred at no additional charge. Available from 6am-6pm Mon-Fri; 6am-3pm Sat (PST) for Pro, Premier, Standard, Plus and Enterprise. Access to messaging with live experts or call back features requires a QuickBooks Care Plan, and internet connection. Care plan is included with Standard, Plus and Enterprise subscriptions.

Is QuickBooks Online Right for You or Your Business?

You can calculate how much your QuickBooks Enterprise software will cost on the Intuit website by inputting the number of users you need. (To give you an idea of how much this price fluctuates, one user on the Silver plan would cost $1,340/year, while 30 users would cost upwards of $7,076/year). Luckily, Intuit is often running promotions and discounts on the Intuit website. One of the biggest differences between QuickBooks Pro and QuickBooks Premier is that Quickbooks Premier offers six industry-specific versions of the software in addition to the standard version.

QuickBooks Plus vs QuickBooks Advanced

QuickBooks allows you to create and customize an invoice for clients, and then accept credit card, debit card or bank transfer payments within the invoice itself. Also, if you’d like to add on the ability to accept online payments for your invoices, you’ll need to sign up for QuickBooks Payments. There is a free plan that charges $3 for automated clearing house (ACH) bank transfers and anywhere from 2.4% to 3.5% plus 30 cents for credit card transactions. To get a discount on those rates of 1.6% to 3.3% plus 30 cents, you can pay a monthly $20 service fee. It also supports batch importing, to help a single user create, edit, and send multiple invoices, checks, expenses, or bills. You can also automate key accounting tasks such as setting reminders for invoices, payments, or deposits.

If you need more users than you can get with QuickBooks Premier but don’t need advanced features, then maybe Gold is a better option. With three distinct QuickBooks Desktop options, the pricing structure can be confusing. What’s more, Intuit makes it incredibly difficult to track down prices for all the additional charges you may face. Add in a new pricing structure starting with the launch of QuickBooks Desktop 2022 products, and it only gets more complicated. QuickBooks Desktop users may find that it saves both time and money to use the Quickbooks payroll integration for free tax forms, instant paychecks, and e-filing. Another cumbersome feature that users don’t like is the requirement that clients must establish their own accounts to pay an invoice.