Good day, Cerama3187.
While we're unable to directly recommend what product to use, I've listed some pointers below that will guide you in choosing the right accounting software for your business.
The 2022 edition/version of QuickBooks Desktop for Mac is subscription-based, and users will have to renew their licenses annually. They also will have access to free customer support, data recovery services, and other capabilities, including the following:
- Connect with QuickBooks add-ons, like payroll and merchant services.
- Upload receipts and create new transactions or match receipts to existing transactions.
- Schedule customer statements.
- Create rules for automatically organizing customers into groups by customer type, location, balance, etc.
- Export register to Excel.
- Automatically categorize downloaded bank transactions.
- Sort transactions by class.
- Securely send emails through Gmail.
- Organize saved transactions as pending, cleared, void, past due, etc.
- Customize invoices, sales receipts, estimates, statements, and purchase orders.
On the other hand, QuickBooks Online is a cloud-based accounting solution that helps small businesses manage their accounting, income, expenses, payroll, and more. No additional software is required to be installed as the accounts are viewed through an online login portal, All versions include access to the mobile apps, customer support, and third-party app integrations. Here's a short overview of QBO's capabilities:
- Track income and expenses.
- Send invoices and accept payments.
- Sort income and expenses into tax categories.
- Run and export financial reports.
- Upload or email receipts on the go with the QuickBooks mobile app.
- Automatically track miles with your smartphone’s GPS.
- Monitor and manage cash flow.
- Customize and send estimates.
- Manage 1099 contractor payments.
Both platforms use and double-entry accounting and can send a copy of your data or file to your accountant. To learn more about the different plans and pricing, you can visit our website.
Feel welcome to reach out to me again if you have further questions about QuickBooks. I'm always here and ready to help.
