Categories in QuickBooks Online are used to classify transactions into general groups and are based on the chart of accounts. Meanwhile, Items allow you to specify products and services associated with sales and purchases and are mapped to particular categories: Categories provide a high-level overview of business income and expenses. Items provide a more detailed…
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Grasshopper vs Lili Business Checking: Which Is Best?
If you want to open a business bank account online, Grasshopper’s Innovator Business Checking account and Lili’s Basic account are excellent cost-effective options with no monthly fees and transaction limits. Both offer integrated expense tracking and bookkeeping tools, which suit freelancers, solopreneurs, and small business owners looking to simplify business processes. Here is what each…
ERP vs Accounting Software: Which Is Best for Your Business?
Enterprise resource planning (ERP) software and accounting software serve different functions within an organization, although there can be some overlap in functionality depending on the specific features of each system. While ERP systems often include accounting modules, they can also integrate with standalone accounting software to provide more specialized financial management capabilities. ERP vs Accounting…
Task Management vs Project Management: Which Is Best for Your Business?
Task management entails managing tasks or individual assignments within a project, while project management is an organizational process spanning a project’s life cycle from start to finish. In this article, we compare task management vs project management and explore the key differences between project and task tracking software to help you better understand the different…
Kanban vs Scrum: Which Is Better for Your Small Business?
Kanban is a project management framework that uses visual tasks to manage workflows, while Scrum is a framework that helps teams structure and manage their work through a set of values, principles, and practices. Read our comparison guide to learn about Kanban vs Scrum methodologies—what they are, how to use them, and their benefits. Based…
Toll-free vs Local Number: Which Is Best for Your Business?
Communication is crucial to growing a successful business, and a professional business number allows you to establish rapport, trust, and security between you and your customers. If you’re deciding between getting a toll-free vs a local number for your business, a local number boosts your local presence, while a toll-free number is great for setting…
Paychex vs QuickBooks Payroll: Price, Features & What’s Best
Paychex Flex and QuickBooks Payroll are cloud-based payroll systems designed to help you process employee and contractor payments. QuickBooks Payroll allows unlimited pay runs and integrates with Intuit products like QuickBooks (a popular small business accounting software), while Paychex Flex has scalable payroll solutions (from a one-person plan option to enterprise or PEO), more robust…
Contact Center vs Call Center: Which Is Best for Your Business?
The terms “call center” and “contact center” are often used interchangeably, as they both contribute to delivering quality customer service and generating sales. However, their primary difference lies in the channel or medium used. If you’re deciding between contact center vs call center and want to determine which is better, know that it depends on…