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debbiewong77
Level 1
 
4 Comments
vpcontroller
Level 11

@debbiewong77 

 

"What is the best qb plan to use for a property manager to track rental income and expenses individually for multiple properties?"

 

QuickBooks Online Advanced plan or QuickBooks Desktop Premier version

debbiewong77
Level 1

Thanks for the response! What is the difference between the Online Advanced and Online Plus? Would the Plus be sufficient for property management tracking?

RCV
QuickBooks Team
QuickBooks Team

Let me share some information about the difference between the two Online versions, debbiewong77.

 

QuickBooks Online (QBO) Plus and Advanced versions are for business with more complex needs and business growth. Also, both of these versions integrate with some construction management software. This makes them ideal accounting software for construction companies.

 

QBO Plus version can track inventory costs/quantities, create purchase orders, and track project profitability. It also allows you to record labor costs, payroll, and expenses with job costing.

 

In the Plus version, we can track the property management by creating Projects for customers. This helps you set up each property or unit you manage.  Then, use the Location feature to track different property locations and class tracking to highlight different types of service offerings. 

 

To learn more about this version, refer to this link: https://quickbooks.intuit.com/online/plus/.

 

On the other hand, QBO Advanced includes everything in the Plus version. This includes the ability to track by class, along with exclusive features such as creating custom charts and dashboards, batch invoice import, and custom user permissions. See Exclusive features in QuickBooks Online Advanced article for more details. 

 

To learn more about QBO Advanced features, check out this  link: https://quickbooks.intuit.com/online/advanced/.

 

I've got a link here that provides you with articles about managing your business in QBO: https://quickbooks.intuit.com/learn-support/en-us/get-started/07.

 

I'm just on click away if you need a hand running your business in QBO. I'll be here to ensure your success. Take care always.

Fiat Lux - ASIA
Level 15

@debbiewong77 

If you have to open a new QBO account, make sure to click the Buy button to get the discounted price for up to 6 months. If you purchase from the trial account or upgrade your plan, you have to pay the regular rate.

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

Once you are using one of the plan, you may consider having a 3rd party app to integrate with your QBO.

 

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