QuickBooks for Small Business: Which Version Do You Need?
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QuickBooks offers six accounting products, but one of its online accounting plans will be the best choice for most small businesses. Freelancers and independent contractors may opt for simpler options, while larger small businesses might turn to QuickBooks products with advanced inventory, sales and reporting features.
Here's a look at all of QuickBooks' small-business products, including accounting, point-of-sale and payroll software. Plus, you’ll find details on how QuickBooks stacks up against its competitors, as well as alternatives to consider.
QuickBooks accounting products at a glance
QuickBooks Online | QuickBooks Solopreneur | QuickBooks Pro Plus | QuickBooks Premier Plus | QuickBooks Enterprise | QuickBooks Mac Plus | |
Price | Starts at $35/month. | Starts at $20/month. | Starts at $549/year for one user. | Starts at $799/year for one user. | Starts at $1,410/year for one user. | Starts at $549/year for one user. |
Maximum users | 25. | 1, plus accountant access. | 3. | 5. | 40. | 3. |
Accessibility | Cloud-based. | Cloud-based. | Desktop. | Desktop. | Desktop, but you can purchase cloud access. | Desktop. |
Best for | Most small businesses. | Freelancers and independent contractors. | Small businesses that prefer locally installed software and work with a PC. | Small and medium-sized businesses that need industry-specific tools. | Larger businesses with sophisticated inventory, reporting and accounting needs. | Small businesses that prefer locally installed software and work from a Mac. |
» MORE: How much does QuickBooks cost?
QuickBooks Online
QuickBooks Online — often considered the industry standard for accounting software — is fairly user-friendly, but some basic accounting knowledge will help you get started. Higher-tier plans include more advanced capabilities like inventory management and job costing. Because the product is cloud-based, it’s accessible anywhere with an internet connection.
Quickbooks Online |
QuickBooks Solopreneur
QuickBooks Solopreneur helps freelancers and independent contractors separate their business and personal expenses and prepare their taxes. It includes basic invoicing capabilities, a receipt capture feature and mileage tracking. Top-tier plans also offer direct support for tax filing.
QuickBooks Pro Plus
QuickBooks Pro Plus is the most basic version of QuickBooks Desktop. This is a desktop product, meaning you download and install it on your computer. QuickBooks Pro Plus has a full range of features including invoicing, inventory tracking, reporting, billing, and income and expense tracking.
QuickBooks Desktop Pro |
QuickBooks Premier Plus
Premier Plus is also a QuickBooks Desktop product, but compared with Pro Plus, it offers more in-depth capabilities — especially for reporting, job costing, inventory management, sales orders and project profitability. Additionally, Premier Plus includes industry-specific features for manufacturers, wholesalers, nonprofits and retailers.
QuickBooks Desktop Premier |
QuickBooks Enterprise
QuickBooks Enterprise is the most customizable and powerful version of all the QuickBooks products, making it ideal for larger businesses with complex finances. It builds on Premier Plus with QuickBooks’ most advanced inventory, reporting and pricing capabilities. Enterprise is more easily scalable than other QuickBooks Desktop products, offering four plans and the option to add remote access.
QuickBooks Mac Plus
QuickBooks Mac Plus is similar to QuickBooks Pro Plus, but it's the only desktop version of QuickBooks that is compatible with Mac systems.
How to choose the right QuickBooks accounting product
Consider these factors when determining which version of QuickBooks is best for your small business.
QuickBooks accounting alternatives
If you’re looking for an accounting product with features QuickBooks doesn’t offer — like a free starter plan — consider these alternative solutions.
QuickBooks accounting comparisons
These articles contain more in-depth information on how QuickBooks differs from competitors.
In addition to accounting products, QuickBooks offers payroll and POS software, along with payment processing services.
