QuickBooks Online vs QuickBooks Pro
July 13th, 2010 by Income Tax Pro
QuickBooks Online vs QuickBooks Pro which one to choose? QuickBooks Online is gaining in popularity as QuickBooks Pro users learn of the great benefits available by making the switch. While there are trade offs, here are some of the key features available to those who buy a QuickBooks Online edition.
- Login to your account from any Mac or PC with internet access.
- Share financial information with your accountant, partners, and business associates without visiting their office.
- Multiple user licenses are available, add users as you grow.
- Data is protected by daily automated backups.
- No software to install, maintain, or upgrade.
- Customer support is included.
- Try it free, no contract, cancel anytime.
Many small business and work from home business owners fear that one day their computer will crash, and many important files will be lost. They also dread having to set up accounting software on new employee computers, and to upgrade software whenever there is a security or upgrade alert. QuickBooks Online eliminates many of these worries for small businesses since upgrades and backups are done for you automatically.
QuickBooks Online Plus vs QuickBooks Pro
QuickBooks Online sounds interesting, but now which online edition should you choose? Quickbooks Online Basic is best for those who are new to QuickBooks or for light QuickBooks software users. If you already use QuickBooks Pro and would like to import your existing data, QuickBooks Online Plus is the edition for you.
The price for QuickBooks Online Basic is $11/month and QuickBooks Online Plus $39.95/month. At first glance QuickBooks Online Plus might look expensive vs QuickBooks Pro software purchase. Consider for a moment the following features of QuickBooks Online Plus:
- QuickBooks Online Plus price $39.95/month
- Free trial for first 30 days, cancel anytime
- 5 user licences + your accountant
- Support by phone, email, chat
- Automatic upgrades
- Automatic daily backup of data
Now consider what the above features would cost if you purchase the QuickBooks Pro software:
- QuickBooks Pro price $229.95 ($183.96 with our 20% off coupon)
- 1 user included, price of $180 per additional user
- Support is an add-on of $299 per year
- QuickBooks Pro upgrades are $179.95 each
- No daily data backup, you must do this yourself
The monthly price of QuickBooks Online Plus should now look like a better value when compared to purchasing the QuickBooks Pro software. To make the QuickBooks Pro software comparable, you would have to add 4 more licenses at $180 each, support of $299 per year, upgrades of $179.95 each, and subscribe to a secure offsite daily data backup service which costs more than $10/month.
QuickBooks is America’s leading small business accounting software. The makers of QuickBooks claims to have an 85% market share, and boast that 4 out of 5 accountants recommend the product to small businesses. Any time of the year is a good time to start using QuickBooks Online or QuickBooks Pro.
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