Quicken versus Quick Books
Fantastic article! My small business has been on Quicken since 1998 for my checking, savings, and credit accounts. I used to use QB for POS and inventory, but dropped that for automotive repair POS/Inventory software (NAPA TRACS) in 2007. So Tracs and Quicken are my two programs that I use to run my business. The problem is that monthly reporting to the accountant has to be printed and then data entry’d in to their system. Obviously this is labor intensive in this day in age.
My account has suggested going to QuickBooks, but I apparently only NEED the integration aspect. My fear is that am I looking at $600 a year instead of $100 just for integration?
Croghan AutoCare ltd
I’m glad you enjoyed our Quicken versus QuickBooks article. If I understood your explanation correctly, your accountant wants you to upgrade from Quicken to QuickBooks Online Plus. As you probably know, QuickBooks Online is a cloud-based accounting software that you pay a monthly fee of $60 to use. So yes, this is roughly $720/year (at $600 your accountant is probably giving you a discount).
For the cost, you get automatic updates that are made to the software at least every 6-8 weeks. In addition, you get unlimited tech support via telephone or chat. While it might seem like a steep price, it is a much better software than Quicken and can easily scale with your business as you grow and expand.
Best of luck,
Crystalynn Shelton, CPA