Question

Which QuickBooks version do I need?

Forum|Forum|7 years ago
January 4, 2019
2 replies
0 views

I currently own QuickBooks Pro 2018 and need to know if this is way too complicated for what I actually need it for. All I want to do is balance 5 bank accounts by using Direct Connect with my bank and utilize a few reports. All this matching and reconciling makes the process longer than I anticipated. I was using Quicken but wanted the reporting of QuickBooks. Do you think there is a better version of QuickBooks I should be using or will I be performing the same tasks regardless of the version?

Thank you for any suggestions you may have.

QuickBooks Desktop

HoneyLynn_G

Level 6

Welcome to the Community, @JeffEdwards.

Thank you for choosing QuickBooks Desktop in running your business. I can share some insights about the QuickBooks versions we offer.

Any QuickBooks Desktop accepted versions (2016-2019) allows you to use the Direct Connect feature. However, the newer the version you're using, the more features it covers to meet all your accounting needs.

For you to get to know more about the products and services we offer, you can check the link below. It's a list of feature categorized by the version year.

QuickBooks Desktop Feature List by Version Year

That information should get you on the right path.

The Community has your back if you need additional assistance. Just let me know by adding a comment below. Have a good one.

C

CYCOPATH

I just purchased the Plus plan last week. It is more than I need. I am doing books for a fitness studio. They already have a program they use to receive online payments and they do not issue invoices. I was using Quicken that I already have, but it doesn't keep track of payables such as sales tax and payroll. Which plan do I need and how to I get that exchanged?

K

Kevin_C

Moderator

I appreciate you for joining this thread, @CYCOPATH.

I'll share some details about the available features of each subscription plan in QuickBooks Online (QBO).

If you only need to track sales taxes and Payroll, you can do so with the QBO Simple Start and QBO Essentials subscriptions. To know more about other features available for each subscription plan, please refer to this link: https://quickbooks.intuit.com/pricing/

Also, please keep in mind that the Payroll subscription is a different package from QBO.

If you want to proceed with downgrading your subscription, don't hesitate to reach out to our Customer Care Team for assistance with this matter.

Additionally, you can always visit our QuickBooks help articles page. There, you can read some of our helpful articles that will guide you through your future tasks.

I'm all ears if you need more help managing your QBO account. Just tag me in your reply and I'll get back to you as soon as I can. Keep safe!

Rustler

Level 15

@JeffEdwards wrote:

I currently own QuickBooks Pro 2018 ... All this matching and reconciling makes the process longer than I anticipated. I was using Quicken but wanted the reporting of QuickBooks. Do you think there is a better version of QuickBooks I should be using or will I be performing the same tasks regardless of the version?

The process is the same, much better to stick with pro

qbteachmt

Level 11

Quicken does this, too: "All this matching and reconciling makes the process longer than I anticipated"

You need to Reconcile using any outside source of reference, to confirm you own entries are on track and correct, and that the bank or lender didn't make any mistakes or perpetrate fraud.

You need to deal with Matching, because you stated you want to use Connectivity. The one requires the other. If you don't use connectivity, make your own entries. And with Connectivity, always confirm the transaction date; that is the date the bank processed it. That isn't your date unless everything you did is Paperless and Online.

I like Quicken's reporting better. The difference is personal vs business. QB is for Business financial management, including sale, order tracking, etc. Pro is the Entry Level.

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