QuickBooks “Updates” vs. “Upgrades”: What You Should Know

More than five million new businesses are started each year in the United States, and the differences between their sectors can, in some cases, be enormous. However, what all these newly established companies have in common is the need for a comprehensive bookkeeping solution that takes into account their requirements. Are you one of the newly established firms in the US markets, and are you fighting for market recognition? In that case, one solution to consider would be to use the QuickBooks Simple Start plan.

There is no QuickBooks free version anymore, but the Simple Start plan starts at €1/mo for the first three months and includes most of the features you would expect for a comprehensive accounting program. What is included in the Simple Start version of the Inuit software? For one thing, you can manage your income and expenses, handle 1099 forms, develop estimates and send them directly to clients, create invoices, and keep track of your venture’s expenditure and receivables data. Moreover, you can connect your bank, track GST and VAT, add your CPA to the account, and gain reports on the financial plan implemented.

Other tiers, like the Essential plan, also add multicurrency support or track employee time. Is the Simple Start plan enough for your business requirements? It depends on your market projections and the industry in which you are active. Our employees will help you pick a QuickBooks version suitable for your needs, and we will handle everything from collaborating with connected banks to managing your progress invoicing.