Because there is an unlimited number of users that can use the program, you can maximize its use if you have a team of professionals who need access to your accounting software. For Xero’s Early plan ($13), the number of invoices that users can send each month is capped at 20, but for all other Xero plans, users can send unlimited invoices. QuickBooks cloud accounting software gives you access to your business finances from your smartphone with the QuickBooks mobile app. 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.

QuickBooks Desktop Enhanced Payroll subscription is included in QuickBooks Desktop Enterprise Gold and Platinum. Standard Enhanced Payroll subscription fees apply when adding to QuickBooks Desktop Enterprise Silver. Enhanced Payroll included in Enterprise Gold or Platinum does not charge additional monthly per employee fees, additional fees may apply when paying 1099 contractors by direct deposit.

Additional QuickBooks accounting and payroll products

1. QuickBooks Desktop Payroll requires a supported version of QuickBooks Desktop Enterprise Diamond updated to the most current maintenance release.
2. It’s every small business owner’s worst nightmare—and it’s made even more terrifying when you realize that this means all of your financial files are gone too.
3. In stark contrast to QuickBooks Online, each Xero accounting plan includes basic inventory management and an unlimited number of users.
4. It’s important to note that FreshBooks is the most competitively priced software solution we found.
5. Cloud-based QuickBooks refers to the deployment of the QuickBooks Desktop software on cloud servers instead of being installed and run on individual local computers.

But if you can afford QuickBooks’ cost, its excellent features will help you keep your finances in line as you grow from startup to fully fledged enterprise. To manage payroll through QuickBooks Payroll, you’ll need to pay a fee for this add-on service, with plans ranging from $45 to $125 per month, plus an additional $5 to $10 per employee per month. FreshBooks is great for self-employed individuals, sole proprietors and independent contractors. It is incredibly user-friendly and easy to navigate, so if you are a sole proprietor looking for basic accounting software, FreshBooks will meet your needs at a relatively low cost. Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one.

Invoices, estimates and quotes

Whether you want to check a payment or look at a customer’s history, you can do that conveniently from whatever device you’re using and get an immediate grasp on your financial status. If you’re worried that this compromises your personal business information, don’t be. Even better than a trusty computer behind a locked door, top-tier cloud accounting software uses safeguards to protect your information while it’s stored in secured systems. QuickBooks Online offers more features on the go and is a better overall value than QuickBooks Desktop.

More about Accounting

QuickBooks has an accounting tool specifically for freelancers called QuickBooks Online Self-Employed, which starts at $15 a month. QuickBooks Self-Employed tackles basic freelance bookkeeping features like expense tracking, receipt uploading, collect synonyms and antonyms tax categorizing, quarterly tax estimating and mileage tracking. At $30 per month, Intuit QuickBooks Online has one of the highest starting prices of any accounting software.

It also has better customer service reviews than Intuit, even though Xero’s customer service is available via email only. Zoho’s pricier plans include advanced features like sales and purchase orders, recurring bill payments, a collaborative vendor portal and enhanced metrics. While Zoho Books syncs with a fair range of third-party business apps, its primary integrations are with other Zoho products (for instance, Zoho Projects for project management or Zoho Payroll for payroll).

Accounting

Naturally, QuickBooks Online syncs with other QuickBooks products as well, including QuickBooks Time (formerly TimeTrex), TurboTax and QuickBooks Online Payroll. QuickBooks Payroll starts at $45 a month plus $6 per employee paid per month, and new users can choose between a 30-day free trial or 50% off discount just as they can with QuickBooks Online. QuickBooks Online Plus adds essential business tools qualified transportation fringe benefit and loss of deduction under tax reform like inventory tracking and project management. QuickBooks Online Simple Start is geared toward solopreneurs, sole proprietors, freelancers and other micro- and small-business owners. Its basic features include invoicing, online payment acceptance, 1099 contractor management and automatic sales channel syncing (for e-commerce business owners).

Team members can access the same QuickBooks file simultaneously, making it easy to work together in real time. Changes made by one user are instantly reflected for others, electronic filing options for business and self fostering efficient teamwork. This is how you can work on the accounting files available for your business with cloud-hosted QuickBooks. Multiview Financials’ ERP provides a single point of truth within your organization, enabling visibility across divisional, regional, or product line silos.