Scorecard

QuickBooks Online: plans, prices and score

66

Pros

  • Native Shopify, Amazon and Square connectors
  • Receipt capture and reports earn high levels
  • Inventory and multicurrency on higher plans
  • Prices published for every plan

Cons

  • A second company needs a full subscription
  • Bank matching earns only a mid level
  • Invoicing earns only a mid level

Verdict

A capable ledger for a store that sells through several channels, with a Free plan and a full subscription for each extra company.

Key details
QuickBooks Online
Type
Software
Free plan
Yes
Rating
4.3 on Capterra

Plans and prices

Free Free
Simple Start $38 a month
Essentials $85 a month
Plus $140 a month
Advanced $340 a month
66 Score by criterion
Full scorecard
Price for one business Weight: 20
A free plan, or a published plan in the lowest band for its kind, covers one business.
Cost of a second business Weight: 15
A second business needs its own full subscription at the full price.
Bank feeds and reconciliation Weight: 15
Live bank feeds and a reconciliation tool are listed on the paid plans.
Invoicing Weight: 10
Invoices with online payments, recurring invoices and payment reminders.
Receipt capture Weight: 10
Receipts are read automatically and matched to bank transactions.
Financial reports Weight: 10
Customizable reports plus tracking by class, location or project.
Price transparency Weight: 10
Every plan has a list price; add-on or usage costs are quoted or partial.
Customer sentiment Weight: 10
A verified review profile with a good score on a moderate number of reviews.

Among the five accounting scorecards here, QuickBooks Online has the longest list of native store connectors, with Shopify, Amazon and Square all listed. Its four paid US plans run from $38 to $340 a month, and the price detail sits in the cost of a QuickBooks subscription. For a ledger chosen against the closest rivals, the QuickBooks and Xero face-off and FreshBooks or QuickBooks set it side by side.

Plans and score

Simple Start lists invoicing with online payments. Essentials adds multicurrency, Plus adds reconciliation and inventory, and Advanced keeps both at a higher price. It rates 4.3 from 8,544 Capterra reviews. Receipt capture and reports earn some of the highest levels in the group. Bank matching and invoicing sit at middle levels, and a second company needing its own subscription earns the lowest level, which holds the score back.

Owners comparing options can read alternatives to QuickBooks, and software to keep the books in ranks every general ledger. Monthly bank matching works the same way in any package, and checking the ledger against the bank statement walks through it.

Who should look elsewhere

Wave and Zoho Books both earn a higher price transparency level, and FreshBooks earns a higher invoicing level, so each is listed under the point where it scores above QuickBooks. A business whose bank matching is the main job can look at Zoho Books for the same reason.

Banks and till feeds are the other split. The bank feed answers explain what to expect from any tool, and accounting that reads the till ranks the options for a café. Pricing and setup questions about this tool are in questions about QuickBooks.

Quick answers

Anyone choosing between invoicing tools can see where FreshBooks earns points, and two tools compared head on shows the other pairings.

Common questions

How much does QuickBooks Online cost?

The four paid US plans list at $38, $85, $140 and $340 a month, and there is a 30-day trial.

Does QuickBooks Online connect to Shopify and Amazon?

Yes. QuickBooks lists native connectors for Shopify, Amazon and Square.

How is QuickBooks Online rated?

It rates 4.3 from 8,544 reviews on Capterra.

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