Which QuickBooks Online Version Should You Choose?
Which QuickBooks Online Version Should You Choose?
QuickBooks Online Made Simple (Masterclass)
QuickBooks Online comes in several versions, and choosing the right one depends on the needs of your business. Here’s a quick breakdown to help you decide:
🟢 EasyStart
Best for solopreneurs and very small businesses who:
Only need to track income and expenses
Don’t require bill tracking or recurring transactions
Don’t need to enter purchase orders or manage inventory
⚠️ Limitations: No ability to enter bills, use recurring transactions, or access some key reports. If you can live without those, it’s a solid starting point.
🟡 Essentials
Ideal for growing businesses that need:
Bill tracking (Accounts Payable)
Multiple users (up to 3)
Time tracking
Recurring transactions and reminders ⏱️
This version unlocks many of the features I refer to throughout this guide and is recommended for business owners who have slightly advanced needs.
🔵 Plus
Best for businesses that need:
Inventory tracking
Project tracking
Purchase orders
Up to 5 users
More detailed reporting
If your business is product-based or you need to track profitability by job/project, this version is worth it.
🔴 Advanced
Geared toward larger or more complex businesses. Most small business owners and solopreneurs won’t need this version—but it’s there if you grow into it.
📌 My Recommendation
If you’re just starting out, Essentials is the version I usually recommend. It strikes a good balance between functionality and cost—and includes the features you’re most likely to need as your business grows.