QuickBooks Online

Description	Features	QBO Start Up	QBO Essential	QBO Plus	QBO Advance
Number of users		1 + 1 Accountant user	3 + 1 Accountant user	5 + 1 Accountant user (Max can add up to 25 users)	25 + 3 Accountant user
Accounting & Reporting	Track income and expenses, generate financial reports (profit & loss, balance sheet, etc.).	Basic	Full	Full	Advanced
Automated Workflows	Set up automation rules for recurring transactions, reminders, and approvals.	No	No	No	Yes
Bank Reconcilation	Reconcile bank and credit card statements to ensure accuracy in financial records.	Basic	Basic	Advanced	Advanced
Budgeting	Create and manage budgets, compare actual performance against budgeted amounts.	No	No	Yes	Yes
Cloud-Based Access	Access QuickBooks Online from any device with an internet connection, ensuring data is always up-to-date.	Yes	Yes	Yes	Yes
Customisable Reports	Create custom financial reports tailored to specific business needs.	No	Yes	Yes	Advanced
Estimates & Quotes	Create and send estimates or quotes, convert them to invoices	Yes	Yes	Yes	Yes
Expense Tracking	Connect bank accounts, categorize expenses, and manage receipts.	Basic	Advanced	Advanced	Advanced
Fix Asset Manager	Automates how you manage and track your fixed assets, calculate book depreciation, and generate reports.	No	No	No	Yes
Inventory Management	Track inventory levels, set reorder points, and manage vendors and purchase orders.	No	No	Yes	Yes
Invoicing	Create and send professional invoices, track payment status, and set up recurring invoices.	Basic	Customisable	Customisable	Customisable
Mobile App	Access financial data, create invoices, and manage expenses on the go.	Yes	Yes	Yes	Yes
Multi-Currency support	Handle transactions in multiple currencies, manage exchange rates, and create multi-currency reports.	No	Yes	Yes	Yes
Project Management	Track project profitability, manage tasks and deadlines, and allocate resources.	No	No	Yes	Yes
Role-Based Access	Assign different levels of access to team members based on their roles and responsibilities.	No	No	No	Yes
Sales & Customers	Manage customer information, track sales, and monitor outstanding balances.	Basic	Basic	Full	Advanced
Sales Tax	Calculate and track sales tax, set up multiple tax rates, and file tax returns.	Basic	Basic	Advanced	Advanced
Third-Party Integrations	Integrate with various third-party apps such as PayPal, Shopify, and TSheets for enhanced functionality.	Limited	Limited	Extensive	Extensive
Time Tracking	Track billable hours, manage timesheets	No	No	Yes	Yes
Vendor Management	Track vendor information, manage purchase orders, and monitor payables.	Basic	Basic	Full	Advanced

Brief Overview:

Simple Start: Best for freelancers and sole proprietors who need basic accounting features.

Essentials: Suitable for small businesses needing more features like multiple users and bill management.

Plus: Ideal for growing businesses requiring project tracking, inventory management, and more users.

Advanced: Designed for larger businesses needing advanced features, customization, and dedicated support.

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