You've come to the right place for advice, RC.
Let me help you choose the best QuickBooks Online (QBO) version that fits best your business needs.
QBO offers five versions: Self-Employed, Simple Start, Essentials, Plus, and Advanced. Aside from the pricing, they also vary in features, user counts, and purposes.
First off, QuickBooks Self-Employed is optimal for small service business owners, which records income and expenses, tracks mileage, and prepares Schedule C. It's great for those with no employees and only issues a few invoices per week.
Second, if you want the easiest and quickest way for single users to manage income and expenses in one tool, QBO Simple Start is the best option. It's a good place to start if you're a consultant or contractor that has to keep track of expenses as they occur, send invoices and receive payment, monitor mileage, and run basic reports.
Third, QBO Essentials offers advanced invoicing options. It's best for small businesses required to track payments due, assign hours worked to customers, and provides access to up to three users.
Next, you can assign locations and classes to your transactions in QBO Plus. It's ideal for small businesses that require job costing, budgeting, and inventory tracking.
Lastly, QBO Advanced is the best option for expanding organizations with complex processes. It automates repetitive tasks and allocates work to more users who can only view what they need to.
For the pricing and detailed comparison between each QBO version, please see this website: QuickBooks products.
Furthermore, you can personalize QBO to work how you want it to. This way, you can turn features on and off.
Feel free to leave a reply if you have additional questions about choosing the best QBO version for you. We'd be more than glad to assist you further. Take care, and wishing you continued success.
