Both programs can track income and expenses, create budgets and generate reports. Buy QuickBooks as a desktop program or as part of an online program. Starting at $30 per month (50 percent ff for the first three months), QuickBooks Online offers features, such as a more robust mobile app, real-time collaboration and access on the go. Quicken is for managing your personal or family finances, with a few business tools tacked onto its top-tier service, Quicken Home and Business. QuickBooks Online, on the other hand, is full-fledged small-business accounting software with inventory management, advanced financial reporting and hundreds of app integrations.

• Quicken’s monthly fee ranges from $5.99 to $10.99 (billed annually), whereas Simplifi is priced at $3.99 per month (billed annually).
• Both are financial management tools and even share a few features and functions, but the two software programs are built for entirely different uses.
• QuickBooks Desktop’s mobile app isn’t nearly as robust as its Online plan.
• Starting at $30 per month (50 percent ff for the first three months), QuickBooks Online offers features, such as a more robust mobile app, real-time collaboration and access on the go.
• It also lets you split receipts across multiple spending categories—so if you did some personal and business shopping on the same trip, you can separate these expenses easily.
• Through and through, Quicken Classic is a desktop-first solution.

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This will help you decide which accounting software meets your needs best. Every Quicken plan shows all of your bank accounts in one spot and, like the Intuit-owned Mint, automatically categorizes expenses for you. Its bill-specific dashboard lets you save bills or download them as PDFs so the software can easily categorize and track bill payments. And unlike most personal finance apps, Quicken includes over-the-phone customer service.

More about Accounting

If you need to keep detailed records of other business assets, such as inventory, you need to use another program. If you’re a new bookkeeper for a business that uses Quicken accounting software, you could probably use a bit of help and encouragement. Specifically, I will explain what you should know quicken bookkeeping about your computer, Windows, and Quicken. And I can explain how you should perform some of the standard small business financial recordkeeping. If you aren’t sold on cloud-based budgeting apps and don’t mind spending a little to get a lot, Quicken’s locally installed software is an excellent fit.

What You Need to Know to about Quicken Software

Quicken Business & Personal is suitable for freelancers needing basic support for creating customer estimates and invoices, tracking A/R and A/P, and creating several reports. What reports are available on the mobile app suffice for getting a quick look at your key numbers. There’s the Monthly Summary, Net Income and Net Worth, and Spending by Category, Payee, and Over Time.

Explore all you can do with QuickBooks

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How does QuickBooks Online work?

While Quicken has useful features that go beyond basic personal finance budgeting, there are many free alternatives if you’re simply looking for a way to manage your finances. Alternatives to Quicken include PocketGuard, Mint and You Need a Budget (YNAB). Comparing Quicken and QuickBooks is a bit like comparing apples and oranges.

QuickBooks Online Review 2024: Pros, Cons, Alternatives