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Your taxes will automatically be categorized and can easily be shared with your CPA. Sales Tax & Deductionsīoth tracking sales tax and managing deductions are easy in QuickBooks. Invoicing is easy, allowing you to accept bank transfers and credit cards directly in the invoice itself. Then, they’ll be matched to existing categories (or added to new ones). Track your income and expenses on paper? What on Earth are you doing? Just kidding, QuickBooks lets you take pictures of your receipts and upload them, or send them by email. You can import transactions from any way you take payments, like your bank, credit cards, PayPal, Square, and other sources. Here are some of the features that price point affords: Income & Expenses The Simple Start plan is only good for a single user and has a cost of $12/month. I know I’m not the only one who does that! Simple Start Plan
QUICKEN HOME AND BUSINESS REVIEW DRIVER
So next time you’re catching an Uber, you can do your bookkeeping while you ignore the driver completely.
QUICKEN HOME AND BUSINESS REVIEW ANDROID
There are even mobile apps for Apple and Android for when you’re on-the-go. If you’re like me and have multiple devices, this is a huge plus. Just within its small business tier, QuickBooks has four different plans:Įach one increases in price while including all of the features from the previous tier(s), and then some.Īll of these tiers are cloud-based, meaning they can be used anywhere, on any computer. Specifically, depending on the plan you choose, you can allow up to 5 users to have access to the “books.” QuickBooks Small Business (also known as QuickBooks Online) is mostly meant for businesses with a few people.
QUICKEN HOME AND BUSINESS REVIEW SOFTWARE
The small business option has more features, but it’s also more expensive on a monthly basis.Įach variant also caters to different needs, though, as small businesses and self-employed individuals have different things to worry about on a daily basis.īut does QuickBooks do a good job of separating these needs, and does each software satisfactorily serve each market segment? QuickBooks Small Business Features QuickBooks Self-EmployedĪ self-employed person has different needs than a small business, so, of course, it makes sense to have a solution for each of these situations.
They sound super similar, right? Well, they’re definitely not. As a result, we now have QuickBooks Small Business and QuickBooks Self-Employed. This gave rise not only to different pricing tiers but also to entirely different use cases: small business and self-employed. Just like not everyone can wear one size of shoe, not everyone can use the same software. Unfortunately, a one-size-fits-all solution is rarely a good one, and Quicken’s products are no exception. Salesforce is another company that more recently started catering to smaller businesses, vs the giant behemoth companies needing a CRM. Technology changes so fast and Quicken has even more offerings in its product line today.įor instance, the company has realized that with all the different businesses, contractors, and freelancers out there, it needed products that could cater to the needs of all of them. Quicken initially launched in 1984, QuickBooks first appeared in 2002, and QuickBooks Online came two years later, in 2004.Įven though this might make you feel old, 2004 isn’t exactly recent history anymore. So it won’t come as a surprise that a company that is ancient by tech-world standards has seen many changes throughout its history, with its flagship products being no exception. The company was founded all the way back in 1983, one of the first years of the Millennial. If the company were a person, it would just barely be a Millennial. Quicken has been arguably the most well-known name in the accounting industry for years. QuickBooks Self-Employed History of Quicken