Question

Read Chapter 14: Quickbooks Online Accountant and Review intuit product options.

Prepare a one page summary of the various Quickbooks Options using Word. The following topics should be addressed:

What Quickbooks Options does the Client/User have? What are the differences between the options (Make sure to explain all the options)?

What would the advantages and disadvantages be of using Quickbooks Online?

What Quickbooks Options does the Accounting Firm have? What are the differences?

Answer 1

We need to Read Chaper 14. Below is answer based on quickbooks website: -

SIMPLE START, ESSENTIALS, PLUS & Self Employeed. Please find below features of each -

SIMPLE START	ESSENTIALS	PLUS	SELF-EMPLOYED
Track income & expenses	Track income & expenses	Track income & expenses	Track miles
Maximize tax deductions	Maximize tax deductions	Maximize tax deductions	Track income & expenses
Invoice & accept payments	Invoice & accept payments	Invoice & accept payments	Estimate quarterly taxes
Run reports	Run reports	Run reports	Run reports
Send estimates	Send estimates	Send estimates	Invoice & accept payments
Track sales & sales tax	Track sales & sales tax	Track sales & sales tax
	Manage bills	Manage bills
	Multiple users	Multiple users
	Track time	Track time
		Track inventory
		Track projectsNEW
		Manage 1099 contractors