See a quick summary of pricing and add-on fees below, and read the whole post for more detailed information. Between the QuickBooks Online monthly fee and add-on costs, the monthly pricing of QuickBooks Online can add up quickly. Here are our top tips for how to save money on QuickBooks Online.
Essentials
- See what you’ll expect to pay for a subscription to QuickBooks Desktop.
- Additionally, support for QuickBooks licenses ended after three years, so users could no longer use features such as payroll or get the latest updates and security patches.
- QBO Payroll’s features and ease of use make it an efficient and competitive product.
- The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities.
Whether QuickBooks Online is a better deal than QuickBooks Desktop depends on the needs of your business. QuickBooks Online can be a more cost-efficient option for businesses with multiple users that don’t want to navigate the steep learning curve of QuickBooks Desktop. However, QuickBooks Desktop may be the better value for businesses that want a locally installed software option with enhanced accounting features. All plans (except QuickBooks Simple Start) come with an unlimited number of time-tracking-only users. If you have five employees who need to track time and only two who need access to other features in the software, you can still use the Essentials plan without upgrading to introduction to inventories and the classified income statement the Plus plan. Most integrations come with monthly subscription fees, so be sure to account for these extra costs when calculating your total costs for QBO.
Using QuickBooks Desktop?
In addition to the base price of each package, you can add on options. Help us to improve by providing some feedback on your experience today. Discover BusinessLoans.com’s lender network offering up to $3M in funding, no minimum credit score required. If you want to give QuickBooks a try before buying, you can sign up for a free 30-day trial or use the company’s interactive test drive that’s set up with a sample company. Hopefully, knowing the exact costs of QuickBooks Online will ease your mind and help you create a more realistic business budget.
Choose The Intuit Online Payroll Elite Plan If…
QuickBooks Online has over 750 integrations to choose from, including common software programs, such as Shopify, Gusto, and Mailchimp. Depending on which product you choose, you will have to make weekly payments plus APR or other fees. The QuickBooks Online Simple plan costs $35/month and supports one user. We’ve got you covered with a breakdown of the four QuickBooks Online (QBO) plans. Learn how to know which plan is right for you and what additional costs to expect before subscribing to QuickBooks Online.
The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation. By providing feedback on how we can improve, you can earn gift cards and get early access to new features. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. When you’re ready to set up and run payroll in QuickBooks Online, you can sign up directly through the QuickBooks Online dashboard and select your subscription plan directly from there. While QuickBooks Online is a reputable company with plenty of features, there are plenty of alternatives to QuickBooks Payroll.
If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live bookkeeper’s work. There are two different versions of QuickBooks payroll products. The QuickBooks Desktop Payroll system works with QuickBooks Desktop products and the QuickBooks Intuit Online Payroll platform, which is available for QuickBooks Online clients.
All of these small costs can add up, making your end bill higher than the predictable $35-$235/month fee. Note, each QuickBooks Live offering requires an active QuickBooks Online subscription and additional terms, conditions, limitations and fees apply. For more information about services provided by Live Bookkeeping, refer to the QuickBooks Terms of Service. QuickBooks is an accounting software designed for a wide range of independent contractors and businesses. It offers both cloud-hosted and on-premise solutions, designed to help simplify taxes, payroll and deductions.
A 30-day free trial is available if you’d like to test out QuickBooks Online Payroll before signing up. You do not have to have a QuickBooks Online accounting software subscription to use QuickBooks Payroll. However, many business owners find it easier and more convenient to have their accounting and payroll data all in one place. While we all understand the drive to save money, it’s worth noting that budget shouldn’t be the only determining factor in selecting your payroll software. Payroll software with more advanced features like ADP or with full PEO options like Paychex might be a better fit. Make sure to do your research before deciding which payroll option is right for your business, so that you can get the most bang for your buck.
Finally, you can connect to your bank account and sign your tax forms. It seems complicated, but QuickBooks Online walks you through the entire process. QuickBooks currently has a promotion where you can get your first three months of payroll for 50% off. However, you will have to choose between the free trial and the current promotion.