Which QuickBooks Online Version Is Best for You in 2022?

While there are many versions of QuickBooks, QuickBooks Online seems to be the best option to manage your finances online and keep on top of your books. You may be wondering which version you should use since the software is constantly evolving. In this article, we’ll go over some things to consider when deciding what version of QuickBooks Online works best for you. Hopefully, by the end, you’ll have more clarity about which version to choose in 2022!

General Pros and Cons

QuickBooks is the top pick of small businesses when it comes to accounting software, and for good reason. From invoicing to payroll to inventory management and so much more, it’s an all-inclusive program that helps startups manage their company from the get-go without worrying about outside support or any added features they may need. Plus, it’s compatible with many popular bank accounts, which allows you to manage your money effectively. Here are some other benefits of using Quickbooks:

– All transactions are handled by this program automatically which simplifies bookkeeping a lot (to free up time!)

– It syncs with banks and credit card accounts meaning no manual work is needed on those either! Just sign up and access your data!

Features of Online Plus

The app offers everything you’ll need to help your small business thrive: invoicing, expense tracking, bill payment, and more. It’s an easy solution for all the basics of bookkeeping and accounting–and a great way to get started. One of the newest features is Tax Cuts and Jobs Act compliance, so you can focus on what matters most–your bottom line. Plus, you’ll never have to worry about upgrades or updating when it’s time for a new operating system. Another bonus is that it runs on your devices too, so there’s no need to rely on a separate computer just for bookkeeping!

Features of Pro

Pros of the Pro version of QBO: unlimited company file storage, quicker downloads and uploads, automatic syncing across all devices, and budgeting tools including a three-year forecast.

Cons of the Pro version of QBO: you don’t get access to Pro features until 12 months after your free trial expires, which is a bit shorter than other subscription plans.

Features of Premier

QuickBooks Premier is the most powerful version of our cloud-based accounting software, with advanced features and reports that are invaluable to small businesses. Our customers love it because it’s packed with tools like the Managerial Reporting module, which provides insights on key performance indicators like expenses and cash flow. With at-a-glance views on profit & loss, balance sheets, and more, you’ll have everything you need to run a successful company.

Features of Enterprise

The best part about Enterprise is the integration with the other Intuit products. Built-in analysis and improvements to increase performance are available. The upgraded security options and all the third-party integrations make this version one of the best options to consider. The pricing is perfect for businesses that are growing quickly, costing less than $20 per user per month in a small business.