As one of the most-used accounting platforms in the world, it’s no surprise that QuickBooks has competitive prices that make them a more desirable choice over other industry providers. Right now the brand is running a special price of up to 50% when you buy now.

All plans come with what Quickbooks lists as their “base features”: track income & expense, invoice & accept payments, maximize tax reductions, run reports, capture & organize receipts, send estimates, track sales & sales tax, and track miles. Customers can also add full service pay roll services to any level plan for $22.50 per month + $4 per employee per month.

Simple start

$12 per month for the first three months, $25 per month afterward. The first of the small business options is the Simple Start plan. With nearly all the features of the Self-Employed plan, the Simple Start also has additional tools for tracking sales, maximizing tax deductions, and sending estimates that can later be converted to invoices. This plan is best suited for sole proprietors, as it only allows one user.

Plus

$40 per month for the first three months, $80 per month afterward. The Plus plan, intended for small to mid-sized corporations, partnerships, and non-profits. This plan comes with all the features of the Essentials plan, plus the ability to track projects, inventory, and manage 1,099 contractors. If your business is continually taking on new ventures, you can see how much you’re making on each one and allocate all expenses and unbilled work to the specific project. Together with the more advanced features, this plan also allows up to five users.

Advanced

$90 per month for the first three months, $180 per month afterward. The Advanced plan is a great option for larger scale businesses or organizations. This plan comes with all the features of the previous plans, with the addition of business analytics and insights, custom access by role, automated workflows, enhanced custom fields, and more. In addition, customers get the support of a dedicated account manager, on-demand training, and the ability to restore company data. This plan includes 25 users.

With over 7 million users, QuickBooks is one of the most popular accounting platforms for small and mid-sized businesses. Although it still offers a desktop version, the majority of business owners favor the cloud-based QuickBooks platform, which can be accessed on practically every device. Coupled with easy accessibility, this accounting platform also has various plans available, depending on the size and needs of your business.

Custom Invoices, quotes & payment tracking

The invoices and payments feature allows users to create custom invoices, accept payments from clients, and monitor past-due invoices. It is extremely easy to convert estimates to invoices, set up recurring invoices, and set automatic invoice reminders. There are also options to include tax, discounts, and shipping costs, all while Quickbooks keeps track of how much you earn and owe.

Business Insights

Easily view profit & loss, balance sheets, and other easy-to-read visual reports in one click. By connecting your bank and credit card accounts you can view accurate cash flow insights instantly.

Mile tracking

The mile tracking tool is available with the Self-Employed plan and uses your cell phone GPS to automatically track distances. It also allows you to categorize the miles and then deduct them from your taxes.

Project tracking

Available with the Plus plan, QuickBooks lets you analyze the revenue and expenses of a particular venture to aid in long-term decision making for your business. Since the plan allows up to five employees to access the platform, all project stakeholders can easily see its successes and pitfalls.

Payroll processing

For an additional charge, full payroll services can be added to any level plan. This includes full-service payroll and pay employees via next-day direct deposits. The platform also stores W2 forms and provides automated tax filing.

Cloud Accounting & Data Security

Quickbooks is a cloud based platform. This means all of your information stays stored in the cloud and can be accessed at anytime from any device. Everything is protected by bank-level security to ensure that your data is only accessible to you or those you choose to share it with.

Although it’s not rocket science, familiarizing yourself with QuickBooks does take some effort. The platform itself is set up almost instantly. As with all accounting platforms, you will need to set up your company at the beginning. Once your company information is added, you’ll find that the interface is clean and easy-to-use, with a navigation bar on the left-hand side and a simple layout. There’s also a search bar where you can find transactions, contacts, and reports.

Don’t be scared away if the dashboard seems foreign to you; QuickBooks has a rich library of tutorial videos to help you get up and running. Since it’s such a popular platform, there are numerous how-to videos on YouTube and other third-party sites. If you prefer to learn in-person, Intuit hosts two-day classes in various cities throughout the United States.

Intuit carefully designed QuickBooks so that it could be integrated with multiple applications and platforms. Below is an outline of some of the essential add-ons and integrations that make QuickBooks so powerful:

• Import transactions from PayPal, Square, your bank, and other financial institutions
• Link Shopify and other e-commerce platforms to track both sales and sales tax
• Process payments with mobile credit card readers or POS
• File both federal and state payroll taxes directly from your dashboard
• Download the QuickBooks app on both Androids and iPhones
• Link with Bill.com to automate your accounts payable process
• Sync Method: CRM to keep track of all customer interactions