Intuit made many deferent versions and QuickBooks Products for your small business. As you know, QuickBooks is accounting software that gives several versions. That is design consistent with the requirements of most small businesses. All versions of QuickBooks Provide tools for routine accounting that help to track income and expenses. And more advanced versions provide features for managing contractors, setting prices, or tracking inventory.
QuickBooks Products and versions for small business
QuickBooks Products contains the things of your business offers. That items display on your invoices and other sales forms. QuickBooks Offers different products to settle on from and choosing the simplest QuickBooks software which will be intimidating.QuickBooks Products are QuickBooks Online, QuickBooks Online Accountant, QuickBooks Pro, QuickBooks Premier, QuickBooks Enterprise and QuickBooks Self employed.
You can prefer to offer two desktop versions, called Pro and Premier, for one to 5 users and a desktop version for Mac computers. And In QuickBooks, a desktop version called Enterprise can handle 30 users and up to 1,000,000 customers, vendors, and inventory items. Here the small print of QuickBooks Products That assist you to settle on consistent with your business need:
QuickBooks Online Self-Employed
This version of QuickBooks is meant for freelancers. It allows you to:
- Help to trace income and expenses
- Estimated taxes
- Organize receipts
- Track miles
- Run basic reports.
- Invoice clients and accept payments
Important Note- If you begin with this version, you can’t upgrade to the other plan. You can start with one among the small business with the help of software versions. Below to be ready to upgrade to a special plan.
QuickBooks Online Simple Start
This edition is meant for little businesses and sole proprietors. you’ll easily upgrade to other QuickBooks versions as your business grows. It offers everything the self-employed version does, plus the subsequent features:
- Send estimates
- Track sales and nuisance tax
- Manage 1099 contractors
- QuickBooks Online Essentials
The next level of the web software includes the features from Self-Employed and straightforward Start, plus the following:
- Manage bills
- Track time
- Include three users
- QuickBooks Online Plus
The third level of online software advances the subsequent features additionally to what’s included with the previous edition:
- Include five users
- Track project profitability
- Track inventory
- QuickBooks Online Advanced
The top-level of online access provides all features from the previous three editions, plus you can:
- Pay bills
- See smart reporting
- Accelerate invoicing
- Create custom user permissions and custom fields
- Receive priority customer service and training
All online plans include app integration, customer support via tutorials and online resources, payroll add-ons (price supported self-service or full-service plus per-employee cost), and a 30-day free trial.
QuickBooks Desktop Pro, Pro Plus
The desktop editions of QuickBooks are installed on your computer rather than accessed online. they do not include software updates unless you buy the Plus version, which needs a yearly subscription fee.
Desktop Pro costs a one-time payment and includes the subsequent features:
- Track inventory
- Track sales and nuisance tax
- Send invoices
- Manage bills and accounts payable
- Track income and expenses
Desktop Pro Plus QuickBooks Product requires a yearly fee and includes the software with features mentioned above plus unlimited customer support, data backup and recovery, and access to software updates.
Pro and Pro plus enable export to Excel and integration with Outlook; Mac enables export to Apple Numbers software, also because of the ability to later convert to Online or Windows software.
QuickBooks Desktop Premier and Premier Plus
The Premier level of QuickBooks’ desktop software, which needs a one-time payment, includes all of the functionality of QuickBooks Pro plus the subsequent additional features:
- See industry-specific reports
- Create sales orders
- Track costs for products and inventory
- Customize inventory reports
- Support up to 5 users
The Premier Plus version, like the professional Plus version, allows unlimited customer support, automated data backup and recovery, and access to the newest software updates. It requires an annual subscription fee also.
QuickBooks Desktop Enterprise
QuickBooks Enterprise version is the most powerful version of QuickBooks. it’s designed for medium to large businesses, especially people who are expanding to multiple locations. With Enterprise edition, you will find the following:
- All QuickBooks Premier features, with enhancements to a number of those features
- Support for up to 30 users
- Tracking for up to at least one million inventory items, customers or vendors.
- Priority customer service
- Advanced inventory and fulfillment tools
- Automated pricing rules
The Enterprise edition is additionally the foremost expensive offering from QuickBooks, but the corporate offer full refunds within 60 days for anyone not satisfied with the service.
Live Bookkeeping
QuickBooks also provides a Live Bookkeeping option, which provides a licensed bookkeeper who sets up and reviews your books for a monthly fee. Live Bookkeeping is out there with the QuickBooks Online plans.
Conclusion
If you are a sole proprietor otherwise you have an enormous payroll to manage, there is a QuickBooks version to assist you in your accounting process. During which online accounting software includes one level for freelancers, called QuickBooks Self-Employed, and 4 levels for little business, from simple to advanced. You can choose any QuickBooks Product according to your business need.
