QuickBooks Pricing: Costs and Pricing Models

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 both its Online (cloud-hosted) and Desktop (on-premise) solutions. Here are the pricing differences for each:

QuickBooks Online Plans

Self-Employed – $15/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 – $25/month. With this plan, you can:

  • Maximize tax deductions
  • Invoice and accept payments
  • Send estimates
  • Manage 1099 contracts
  • Track sales and sales tax

Essentials – $50/month. This plan adds on:

  • Everything from the Simple Start plan
  • Bill payments
  • Tracking time
  • Up to three users

Plus – $80/month. This plan includes:

  • Everything from the Essentials plan
  • Track project profitability
  • Track inventory
  • Up to five users

Advanced – $180/month. This plan includes:

  • Everything from the Essentials plan
  • Business intelligence
  • Batch invoicing
  • Automated workflows
  • The ability to restore company data
  • Custom user permissions
  • Dedicated account team
  • On-demand online 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 $4 per employee, per month, Payroll Premium for $37.50 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.

QuickBooks Desktop Plans

Pro Plus 2021 – $299.99/year (subscription license)

  • Everything from the Pro 2021 plan
  • Unlimited support 24/7
  • Automated data backup
  • Easy software upgrades

Premier Plus 2021 – $499.99 (subscription license)

  • Industry-specific reports
  • Forecasting

Enterprise  – $1,275 (subscription license; discount for the first year)

  • Ability to scale from one to 40 users with permissions
  • Advanced inventory management
  • Sales orders fulfillment
  • VIP Priority Circle premium support that includes access to dedicated Customer Support Manager, quick resolutions to issues and the ability to train up to five employees on QuickBooks

Conclusion

QuickBooks is a leading accounting software solution that many companies around the world use to handle their accounting needs. If offers flexible options for self-employed individuals or small businesses that want to streamline their accounting needs.