23 Nov Which QuickBooks Online version is right for your law firm?
QuickBooks Online (QBO) comes in four subscription levels. As a law firm, there are five questions to answer to know which version of QBO is the right for your firm.
1. Do you need to track expenses by clients
- Yes, then QBO Plus or QBO Advanced
- No, then you can go with Essentials
2. Do you want to track revenue by attorney or practice area?
- Yes, QBO Plus or QBO Advanced
- No, then QBO Essentials
3. Do you want a backup copy of your QBO files?
- Yes, QBO Advanced
- No, QBO Plus or QBO Essentials
4. Do you want custom reports templates – to run on your schedule?
- Yes, QBO Advanced
- No, QBO Plus & QBO Essentials
5. How many accounts do you use in your current accounting system?
- Less than 250, QBO Plus or QBO Essentials
- More than 250 QBO Advanced
If you are not in the correct version of QBO, call us. We are happy to answer your questions and help get you into the correct version for your law firm.