QuickBooks Online (QBO) is a cloud accounting software, which means that anyone with a user ID and password can access your data from anywhere at any time. In addition, QuickBooks is not limited when it comes to sharing your data with other users or tracking your invoices and bills.īeyond the fact that it’s specifically for businesses, here are three reasons why QuickBooks beats Quicken every time: 1. QuickBooks beats Quicken hands down because it was designed for businesses to do their bookkeeping, whereas Quicken was created for consumers as a way to track their personal finances and investments. For the remainder of this guide, we will, therefore, focus on the features of Quicken Home & Business software versus QuickBooks Online Plus. Quicken only has one software option available for businesses, which is their “Home & Business” package. Otherwise, you’ll want to use QuickBooks for your business needs. However, it can be a better fit than QuickBooks if you have a rental property business and need software that is customized to keep track of tenants, rental rates, and lease terms. Quicken is predominantly a personal finance tool and isn’t great for small businesses. Get up to 50% off with your paid subscription to QuickBooks Online. QuickBooks will grow with you as your business expands, from a startup to a corporation, without having the need to upgrade later. Quicken vs QuickBooks: QuickBooks is almost always a better option than Quicken because it is true accounting software for businesses, while Quicken is more focused on personal finance.

Quickbooks vs quicken home and business