QuickBooks is an accounting software designed for a wide range of independent contractors and businesses. It offers both cloud-hosted and on-premise solutions, designed to help simplify taxes, payroll and deductions. QuickBooks automatically syncs with your bank and credit card accounts, sends and tracks invoices, runs reports and more.
How Much is QuickBooks?
QuickBooks offers tiered pricing options for its Online (cloud-hosted) solution:
QuickBooks Online Plans
Self-Employed – $20/month. With this plan, you can:
- Track income and expenses
- Track miles
- Send invoices
- Maximize Schedule C deductions
- Automatically calculate estimated quarterly taxes
- Capture and organize receipts
- Run basic reports
Simple Start – $30/month. With this plan, you can:
- Maximize tax deductions
- Invoice and accept payments
- Send estimates
- Manage 1099 contracts
- Track sales and sales tax
- Predict cash flow
- Connecting with one sales channel (e.g., Amazon, Shopify, eBay)
Essentials – $60/month. This plan adds on:
- Everything from the Simple Start plan
- Bill payments
- Tracking time
- Connecting with up to three sales channels
- Up to three users
Plus – $90/month. This plan includes:
- Everything from the Essentials plan
- Track project profitability
- Track inventory
- Connecting with unlimited sales channels
- Up to five users
Advanced – $200/month. This plan includes:
- Everything from the Essentials plan
- Data syncing with Excel
- Employee expense management
- Batch invoicing
- Automated workflows
- The ability to restore company data
- Custom user permissions
- Revenue recognition
- Priority support and training
- Up to 25 users
Note that each plan is the original subscription price as QuickBooks offers a 50% discount for the first three months. All plans include receipt capture, expert support and app integration.
You can also add Payroll Core for $22.50 per month (for first three months) and an additional $6 per employee, per month, Payroll Premium for $40 per month (for first three months) and an additional $8 per employee, per month or Payroll Elite for $62.50 per month (for first three months) and an additional $10 per employee, per month.