CEO and Founder of Kruze Consulting
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Quickbooks comes in many flavors, and once upon a time, this was a piece of Desktop software. Quickbooks has now migrated to the Cloud (ie in your Internet Browser) and the only remaining Quickbooks desktop applications are heavyweight solutions meant for manufacturing, inventory, or enterprise level companies.
The vast majority of companies can and should use QuickBooks Online (vs the desktop version) - called QBO. The best version of QBO for a startup is usually QBO Essentials, the version of QBO that Intuit designed for companies that expect growth and to eventually have a professional finance team.
We strongly believe that QuickBooks Online is the best accounting software for startups (especially if you are based in the US). Lots of API integrations into banks and credit cards and other fintech software, pretty good UX, and it’s an accepted industry standard - so pretty much any CPA or VP of Finance should be able to use it.
PS. Don’t do the Quickbooks Payroll “add-on” - its awful and we see a ton of missed payroll filings. Read about the best payroll providers for startups - we cover Gusto, Rippling and some PEOs.
Categories:Bookkeeping Startup Accounting Fintech Systems
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