You're probably familiar with account management software programs like Quicken and QuickBooks but may not know how they differ. Both are useful software products designed to handle finances, but Quicken is for managing personal or family finances, while QuickBooks is a full small-business accounting software package.

QuickBooks

Running a business requires managing payroll and employee benefits, creating budgets, and tracking business income and expenses like mileage, receipts, cash flow, and sales tax. is meant to help with all of that and more. It's a financial management suite that gives you the tools to support your employees and handle any detail of business management.

QuickBooks offers four plans, all featuring free mobile apps, QuickBooks support, and app integrati✅on. You can use QuickBooks on your desktop or online through a web browser or mobile device.

For each plan, you can choose between a discounted rate for three months, followed by the standard monthly rate, or a free 30-day trial, followed by the standard monthly rate:

• Simple Start: ($17.50/month discounted; $35/month standard) This streamlined plan offers features for self-employed contractors or people with limited business needs.
• Essentials: ($32.50/month discounted; $65/month standard) This includes all the features of Simple Start, plus the option to add three users and three sales channels. You also can work in multiple currencies.
• Plus: ($49.50/month discounted; $99/month standard) In addition to all the Essentials plan features, you can connect all sales channels, add five users, do 澳洲幸运5官方开奖结果体彩网:inventory, and get project profitability and financial planning tools.
• Advanced: ($117.50/month discounted; $235/month standard) You'll get all the previous features, plus the ability to add 25 users. You'll also get features to help you run a larger business, like batch invoices and expenses, 24/7 support and training, and a subscription to Fathom, a financial reporting tool.
  

As you can see, there's a plan for everyone (or any size business). That said, some of the more advanced features can take some getting used to, especially if you're managing data for a large company. That's why 24/7 support is valuable.

Pros and Cons of QuickBooks

Quicken

Quicken is designed to simplify personal finances, making multiple accounts easier to manage. For instance, you can monitor your account balances, budget, debts, and investments in one place. To do so, Qui🔯c🍸ken offers three plans at various prices.

All Quicken plans come with some of the same features, like tracking your savings, a 12-month budget with suggestions, and the ability to see or download your account information. Specifically, you can monitor your checking, savings, credit cards, 澳洲幸运5官方开奖结果体彩网:personal loans, investments, retirement accounts, assets, and more:

• Simplifi: This streamlined plan is designed primarily for web and mobile and costs $71.88 annually.
• Classic: The original Quicken plan costs $95.88 annually and is designed for desktop use. Within the Classic program, you can choose Premium or Deluxe options (Deluxe has fewer features).
• Business & Personal: This new Quicken plan costs $95.88 annually and gives you the opportunity to manage both your personal and business finances while providing tax support. You also can 澳洲幸运5官方开奖结果体彩网:track rental properties.

All plans offer a 30-day, money-back guarantee.

Pros and Cons of Quicken

QuickBooks vs. Quicken: Key Differences

Before deciding which product to sign up for, it helps to determine what you're looking for from a software management program. For many users, cost is a main concern. While QuickBooks does cost more than Quicken (charging up to $235 for its top-of-the-line plan), both programs offer a number of plans at a variety of price points, so people or businesses of every size have options.

When it comes to features and number of users allowed, QuickBooks certainly gives more tools and access to a greater number of users (up to 25 with its Advanced plan). However, most individuals or small business users won't need many of these impressive features.

When to use Quicken:

• You want assistance generating and tracking your budget
• You're self-employed and want to manage your small business
• You want to manage debt or come up with a savings plan
• You want to come up with a retirement savings plan
• You own rental properties and want to manage payments and expenses

When to use QuickBooks:

• You want to track your business's inventory, payroll, or income
• You want to manage your small business
• You want to automate business tasks
• You want to generate business reports or integrate with other business software

The Bottom Line

With such similar-sounding names, it's easy to get Quicken and QuickBooks mixed up. However, there are a number of differences that make them distinct. Just remember, Quicken is primarily for personal finances or limited small businesses. QuickBooks, with its expansive features and higher cost, is geared toward businesses.