Real Estate Companies and other business service should use which version of QB

Jessie2410 · ‎October 11, 2024

Hi all,

Real Estate Companies in the US want to use QuickBooks and include Nails business and other services.

Which should I buy which version of QuickBooks and match with my business? Simple, Essential, Plus, or Advanced?

Pls give me your advice.

FaithA · ‎October 12, 2024

It's fantastic that you're considering QuickBooks Online (QBO) for your real estate company, Jessie. Let me help you go through your options and find the best fit for your business.

Each version of QBO offers unique features tailored to various business needs. Here's a breakdown of the options to help you choose the perfect one:

QuickBooks Simple Start: This is the most basic plan. It's suitable for sole proprietors or very small businesses that only need basic accounting functionalities.
QuickBooks Essentials: This option offers more functionalities than Simple Start, including bill management and time tracking. It is good for small businesses that have more complexity in their accounting needs.
QuickBooks Plus: This is often the most popular plan for small to medium-sized businesses, offering advanced accounting features, including project tracking, inventory tracking, and management tools. For a real estate business, the project tracking can be extremely helpful, allowing you to track income and expenses by property. If you also have a nails business and other services, Plus will give you the flexibility to handle the accounting needs across different services.
QuickBooks Advanced: This is designed for larger businesses with more complex needs. This version offers advanced reporting, dedicated account support, and more automation tools. If your real estate business is large or growing rapidly, or if you have multiple businesses with complex accounting needs, this option is the best fit.

You can refer to this link for more information about QBO plans and pricing: Find a plan that's right for you.

Furthermore, after signing in to QBO, you can check out this article to help you get started: Get started with QuickBooks Online.

I'm only a comment away if you need more help about starting up with QuickBooks. I'll be happy to assist you right away. Take care

View solution in original post

FaithA · ‎October 12, 2024

It's fantastic that you're considering QuickBooks Online (QBO) for your real estate company, Jessie. Let me help you go through your options and find the best fit for your business.

Each version of QBO offers unique features tailored to various business needs. Here's a breakdown of the options to help you choose the perfect one:

QuickBooks Simple Start: This is the most basic plan. It's suitable for sole proprietors or very small businesses that only need basic accounting functionalities.
QuickBooks Essentials: This option offers more functionalities than Simple Start, including bill management and time tracking. It is good for small businesses that have more complexity in their accounting needs.
QuickBooks Plus: This is often the most popular plan for small to medium-sized businesses, offering advanced accounting features, including project tracking, inventory tracking, and management tools. For a real estate business, the project tracking can be extremely helpful, allowing you to track income and expenses by property. If you also have a nails business and other services, Plus will give you the flexibility to handle the accounting needs across different services.
QuickBooks Advanced: This is designed for larger businesses with more complex needs. This version offers advanced reporting, dedicated account support, and more automation tools. If your real estate business is large or growing rapidly, or if you have multiple businesses with complex accounting needs, this option is the best fit.

You can refer to this link for more information about QBO plans and pricing: Find a plan that's right for you.

Furthermore, after signing in to QBO, you can check out this article to help you get started: Get started with QuickBooks Online.

I'm only a comment away if you need more help about starting up with QuickBooks. I'll be happy to assist you right away. Take care

Jessie2410 · ‎October 12, 2024

It's so clear and has enough information.

Thank you so much, Faith A

Archie_B · ‎October 12, 2024

We're glad to hear you've found the information you need, Jessie2410.

You can always return to this thread or post any additional questions about QuickBooks Online in the Community space. We will always ensure that you receive relevant information to address your queries.

Your appreciation means a lot to us, and we're grateful for your kind words. Again, if you have any more questions or need further assistance, don't hesitate to ask. Have a wonderful day!