QuickBooks Small Business, or QuickBooks Online, is the online version of QuickBooks accounting software. Quicken Home & Business has one version and costs $100 for one year, as opposed to QuickBooks’ monthly setup. You’ll be able to create personal budget goals, track your spending, and even manage any financing you have. In addition to these business accounting features, you’ll have an effective personal finance manager as well. On the business accounting side, Home & Business offers reports such as profit & loss and cash flow, helps you maximize tax savings, and will categorize your expenses.
QUICKBOOKS FOR PERSONAL BUDGET SOFTWARE
Quicken’s Home & Business version is ideal for small business owners who need basic business accounting software but who also want to take advantage of Quicken’s useful personal finance features. Here’s a breakdown of all key features available with QuickBooks/Quicken: Quicken Home & Business However, if these odd benefits aren’t of value to you, QuickBooks is hands-down the better software.Ĭheck out Quicken. Quicken is also well-suited for those who own rental property as it gives you the ability to track tenants and manage your lease terms and rental rates.
If you’re a sole proprietor, or just a solo business owner, an accounting + personal finance software might be a good fit for you. While QuickBooks is the more expansive business tax software, Quicken has a niche that is sure to be attractive to some small business owners: it’s a great personal finance tool. QuickBooks is perfectly suited for small businesses while also having the necessary features to support you as you grow, no matter what direction your business goes.Ĭheck out QuickBooks. If your only reason for needing business accounting software is for, well, accounting, then QuickBooks is the better option by far. QuickBooks is by far the more robust accounting software. If you rather not wade through a list of benefits and features and just want to get the short of it, this is for you: When to use QuickBooks Quicken: A “Quick” Summaryīefore we dive into our detailed review, for those who want the summarized version (or a “quick” summary– pun intended), we’ve broken down the essential points below. That’s the purpose of this guide: to give you a detailed breakdown of both QuickBooks and Quicken so you know what their strong points are and which you should choose. If you’re looking for accounting software that makes doing your own business accounting easier or looking to replace your accountant, both QuickBooks and Quicken are tried-and-true options that can’t be overlooked.īut which is better? And how do you know which is specifically better suited for your needs?
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