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QuickBooks offers many versions designed to fit the accounting required of virtually any small or medium-sized business. All versions of QuickBooks feature tools for routine accounting that clarify tracking invoices, expenses, consumers, bills and more.

QuickBooks saves time by helping to assure correct accounting and by decreasing or eliminating altogether, required to enter the same accounting data in different software applications. 

Read more : QuickBooks & How Do Businesses Use it

Regardless of your business needs, a Quickbooks version exists to aid you in your accounting process. If you would like to use the online version of the software you can select from five disparate versions. The online software comes with a monthly charge, but you will always have the latest software version and you can access your data from any computer. 

If you prefer a desktop version of the software, so you can load it on your computer and use it even if you are not online, Quickbooks has three desktop versions to meet your requirements.

QuickBooks Self-Employed (Online) :

This online version has the fewest functions, but also the lowest monthly price. At the time of publication, this software costs $5 per month. You can track your income and expenses, create invoices and accept payments, estimate your quarterly taxes and run several reports to consider your business results.

QuickBooks Simple Start (Online) :

• Small business and sole proprietors.
• Easily upgraded to other QuickBooks version as your business develop.
• Offers everything in the self-employed version, plus the capability to track sales taxes, send estimates and maximize your tax deductions.
• QuickBooks Simple Start, Essentials and Plus (Online) :

One of the biggest benefits of QuickBooks Online is its compatibility. The online versions can work across all platforms because the software does not run on your desktop, laptop or mobile device. Instead, it is hosted and run on Intuit's servers and you access it using an internet browser. This offers extra security and protection from data loss and assures you always have the most updated version of the software. The feature set consist of the following :

• Create estimates and invoices.
• Track sales, payments, sales tax, and inventory.
• Share data with accountants.
• Create over 100 customizable accounting reports.
• Manage payroll.
• Send invoices, reports, and estimates from QuickBooks Online.
• Add choices for online payroll, budgeting, and class tracking and sales tools.

The company offers three subscription plans for QuickBooks Online : Simple Start, which consist of the basic functions specified above. Essentials add the option of having various users, time tracking and the capability to maintain bills. The Plus version consist of all of the features of the other two versions, plus the functionality to track inventory, projects, and 1099 contractors. Every comes with a 30-day free trial period.

QuickBooks Pro Edition (Desktop) :

QuickBooks Pro edition can create estimates and invoices; payments, sales tax, track sales and inventory; integrate with Microsoft Outlook and export data to Excel, among many other features. Additionally, all three desktop versions track inventory, and the Enterprise version consist of advanced inventory-tracking features.

• Share data with accountants
• Create over 100 customizable accounting reports
• Manage payroll
• Track all bills in one place with QuickBooks Bill Tracker
• Step-by-step tutorials
• Supports up to three simultaneous users
• You'll get a 60-day money back guarantee with QuickBooks Pro.

QuickBooks Premier Edition (Desktop) :

QuickBooks Premier offers all of the performance of QuickBooks Pro plus the following additional features :

• Industry-specific reporting
• Business planning tools and sales and expense forecasting
• Create sales orders and track back orders
• Track costs for finished products and inventory
• Supports up to five simultaneous users

QuickBooks Enterprise Solutions (Desktop) :

QuickBooks Enterprise edition is the most powerful version of QuickBooks. It is designed for medium to large businesses, especially those that are increase to multiple locations. It encompasses the features of the smaller editions, adds a few more large-scale features, and expanded the number of concurrent users to 30.

• All of QuickBooks Premier features, with improvements to some of those features.
• Support for up to 30 simultaneous users
• Tracking for up to 100,000 inventory items, consumers or vendors.
• Manage fixed assets and employees
• True Commerce's EDI Transaction Manager software now included
• Store QuickBooks Enterprise Solutions data on Linux servers.

More Accounting Software Resources :

Unlock the full power and potential of your accounting and financial software, consist of QuickBooks software options, or find a financial software solution that is right for your business, whether you are an independent contractor or sole proprietor, partnership, small business or a large enterprise.

If you want to learn more about Is Quickbooks a Good Fit for a Midsized Business? then Quickbooks Training in Chandigarh is the right place for you.