QuickBooks Online Edition Cost
How much does it cost to purchase and implement QuickBooks Online Edition?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?
Software price
QuickBooks Online Edition offers three main pricing plans: Simple Start at $25 per month, Essentials at $50 per month, and Plus at $80 per month. There is also an Advanced plan available for $180 per month. These prices are based on an annual subscription.
Plans compared
The Simple Start plan includes features such as tracking income and expenses, invoicing and accepting payments, and running basic reports. The Essentials plan adds features like managing bills and multiple users, while the Plus plan includes inventory tracking and project profitability. The Advanced plan offers advanced reporting and premium customer support.
Plans fit
The Simple Start plan is best suited for freelancers and small businesses with basic bookkeeping needs. The Essentials plan is ideal for growing businesses that require more robust features, while the Plus plan is suitable for larger businesses with inventory management needs. The Advanced plan caters to more complex businesses requiring advanced reporting and support.
Other cost
Implementation costs for QuickBooks Online Edition can vary based on business size and complexity, ranging from $500 to $5,000. Customization costs are optional and can range from $500 to $2,000. Training costs can vary from $200 to $1,000 per user depending on the business size and type.
One time fees
QuickBooks Online Edition does not require any specific hardware or servers. There may be additional costs for add-on services or integrations. One-time fees for additional users or premium support may apply.
Alternatives compared
Compared to alternatives like FreshBooks, Xero, and Wave, QuickBooks Online Edition is competitively priced, offering a range of features for different business sizes. FreshBooks may be more suitable for service-based businesses, while Xero offers advanced inventory management. Wave is a free option for very small businesses with basic needs.
Verdict
QuickBooks Online Edition is competitively priced compared to its alternatives, offering a comprehensive set of features for different business sizes. With a pricing grade of 85/100, it is considered a good value for the features and support it provides.