How Much Does Each QuickBooks Online Plan Cost per Month?

QuickBooks Online offers a range of subscription plans designed to meet the diverse needs of businesses of all sizes. Whether you’re a solo entrepreneur or managing a growing company, QuickBooks Online provides the tools necessary to keep your finances organized and your business on track. Each plan is tailored to different levels of functionality, making it easier for you to choose the one that best suits your business needs.

With four subscription options available, you can choose a plan that fits your budget while offering the flexibility to upgrade as your business grows. Each plan is priced on a monthly basis, making it easy for businesses to manage their expenses and scale their accounting capabilities as needed.

QuickBooks Online Plans and Their Flexibility

QuickBooks Online offers four subscription options: Simple Start, Essentials, Plus, and Advanced. Each plan comes with its own set of features tailored to different business needs. From basic accounting to advanced financial management, QuickBooks Online provides a scalable solution that can grow with your business.

The monthly subscription model ensures that you only pay for what you need, with the flexibility to upgrade or downgrade your plan as your business evolves. This flexibility makes QuickBooks Online an attractive choice for businesses looking to maintain control over their financial management without committing to a long-term contract.

QuickBooks Online Simple Start

QuickBooks Online Simple Start is the entry-level plan designed for small businesses and sole proprietors who need basic accounting tools. Priced at $35 per month, this plan supports a single user and includes essential features such as income and expense tracking, invoicing, and the ability to run basic reports. Simple Start is ideal for businesses that are just getting started and need a straightforward solution to manage their finances.

When to Use QuickBooks Simple Start

• New Businesses: Simple Start is perfect for entrepreneurs who are just beginning their business journey. It provides the essential tools to track income, expenses, and manage basic invoicing without overwhelming you with unnecessary features.
• Freelancers and Sole Proprietors: If you’re a freelancer or sole proprietor, Simple Start offers everything you need to keep your finances in order. It allows you to easily track your earnings and expenses, ensuring you stay on top of your financial situation.
• Budget-Conscious Users: For those who are mindful of their budget, Simple Start offers a cost-effective solution that covers the basics without the higher price tag of more advanced plans.

QuickBooks Online Essentials

QuickBooks Online Essentials is the next step up from Simple Start, priced at $65 per month. In addition to all the features offered in Simple Start, Essentials includes bill management, time tracking, and the ability to manage multiple users. This plan is ideal for businesses with up to three users and require more advanced accounting tools.

When to Use QuickBooks Essentials

• Growing Businesses: As your business grows, Essentials provides additional features that help manage more complex financial tasks, such as bill management and tracking employee time.
• Multi-User Access: If your business requires more than one user to access QuickBooks, Essentials allows you to add multiple users, making it easier to collaborate and manage your finances as a team.
• Service-Based Businesses: For businesses that track billable hours and need to invoice clients based on time worked, Essentials offers integrated time tracking, which simplifies the process and ensures accurate billing.
• Managing Bills and Expenses: Essentials is ideal for businesses that have multiple vendors and need to track and manage bills. It provides tools to monitor due dates and avoid late fees, keeping your accounts payable in check.
• Businesses with Part-Time Employees: If your business has part-time employees or contractors, Essentials makes it easy to track their time and include their wages in your accounting system.

QuickBooks Online Plus

QuickBooks Online Plus, priced at $99 per month, builds on the features of the Essentials plan by adding project tracking, inventory management, and the ability to manage and pay 1099 contractors. Plus is designed for growing businesses that need more comprehensive tools to manage their operations. It can accommodate up to five users.

When to Use QuickBooks Plus

• Inventory Management Needs: Businesses that sell physical products and need to track inventory levels will benefit from the inventory management features included in Plus.
• Project-Based Businesses: If your business operates on a project basis, Plus allows you to track income and expenses by project, helping you manage profitability more effectively.
• Contractor Management: For businesses that work with 1099 contractors, Plus offers tools to manage and pay contractors, ensuring compliance with tax regulations.
• Advanced Reporting Requirements: Plus provides more advanced reporting features, making it easier to generate detailed financial reports and gain insights into your business performance.
• Businesses with Multiple Locations: If your business operates across multiple locations, Plus allows you to track income and expenses by location, helping you monitor performance and profitability in each area.

Check out our comparison of QuickBooks Online Essentials and Plus.

QuickBooks Online Advanced ($235 Monthly)

QuickBooks Online Advanced is the most comprehensive plan, priced at $235 per month. It includes up to 25 users and has all the features of the Plus plan, along with advanced reporting, dedicated account management, and customizable workflows. Advanced is designed for larger businesses or those with more complex financial needs.

When to Use QuickBooks Advanced

• Large Businesses: Advanced is ideal for larger businesses that need robust financial management tools to handle a higher volume of transactions and more complex accounting processes.
• Businesses with Complex Workflows: If your business has complex workflows and requires customization, Advanced offers customizable workflows that can be tailored to fit your specific needs.
• Advanced Reporting Needs: For businesses that require detailed financial insights, Advanced provides advanced reporting features that allow you to create custom reports and dashboards.
• Dedicated Account Management: Advanced includes a dedicated account manager, providing personalized support to help you get the most out of QuickBooks Online.
• Growing Enterprises: If your business is rapidly growing and requires a scalable solution that can keep up with increased demand, Advanced offers the tools and support needed to manage your expanding operations effectively.

Discover the 50 reasons to use QuickBooks Online Advanced for your business.

Can I Get QuickBooks Online at a Discounted Price?

Yes, you can get QuickBooks Online at a discounted price by purchasing through a certified QuickBooks reseller like Paygration. Resellers often have access to special pricing, promotions, and discounts that are not available directly through QuickBooks. These discounts can make a significant difference, especially for businesses looking to save on subscription costs without sacrificing the features and support they need.

At Paygration, we not only offer exclusive discounts on QuickBooks Online plans, but we also provide personalized service to ensure you choose the right plan for your business. By working with us, you can take advantage of these cost savings while also receiving expert guidance, setup assistance, and ongoing support tailored to your specific needs. This allows you to get the most value out of your QuickBooks Online subscription, all while staying within your budget.

How to Choose the Right QuickBooks Online Plan

Choosing the right QuickBooks Online plan depends on the size of your business, the complexity of your financial needs, and your budget. Start by assessing your current requirements, such as the number of users, the need for inventory tracking, and whether you require advanced reporting or project management tools.

If your business is just getting started, Simple Start may be sufficient. As your business grows, you can easily upgrade to Essentials, Plus, or Advanced to access more features. Consider the long-term needs of your business and choose a plan that not only meets your current requirements but also allows for future growth.

For more information, learn how to choose the best QuickBooks Online version.

Conclusion

If you’re still unsure which QuickBooks Online plan is right for you, our experts at Paygration can help you make the best decision for your business. We offer free consultations and a free test drive so you can experience how QuickBooks Online works for your specific needs. Additionally, we provide exclusive discounts and ongoing support to ensure your accounting software meets your expectations. To get started, call us at 866-949-7267 or request a free trial below.