Looking for an accounting solution? Use our Product Selection Tool to get a free list of accounting software recommendations! technologyadvice.com/accounting-software/?.com&
I like most of your videos, but I think the comparison in this one may be a little confusing for some folks, as you mainly compared them as if they are both developed and marketed to primarily be “business” finance softwares, which is not the case, and may falsely lead some viewers to think of both of them as such. You're comparing like as if it's an apples to apples comparison, when it’s more like an apples to oranges, as they aim at different market's even though there is some overlap. I would say the simpler answer is this: Quicken is mainly developed to manage your "Personal Finance" and "Personal Assets," such as your personal checking accounts, savings, credit cards, debts, creating budgets, your 401k's, IRA's, your mortgage, mutual funds, keeping track of your personal net worth and more etc; although it does have "add on" versions for managing your "Business Finance." QuickBooks, on the other-hand, is "ONLY" and I mean only, developed and marketed to manage all of your “Business finance," and business accounts for a business that you run; it is "not" developed and marketed to manage any of your personal finances at all. I would recommend using “Both” softwares in this way: I would recommend using Quicken to manage all of your personal finances as mentioned before, and then if you also have an “active” business with a worthy enough amounts of finances, accounts, and transactions etc that you want or need to keep track of, I would “Also” recommend having a “separate” QuickBooks account for your business for running and managing your business finances etc.
I think your point about "ONLY" is so important. Only Quicken can do both personal and business (albeit business at a far lesser scale) where Quickbooks is ONLY (to use your emphasis) for business. Left out of your comments is that Quickbooks is "accounting" software where Quicken is "personal finance" software - meaning that if you are not well versed in journal entries, ledgers, accounts receivable and other accounting terms, Quickbooks is likely to be overwhelming and time consuming (to use and learn). If you are a small business owner, and want to do your own finances, I don't think you want to spend the time it takes to learn and use Quickbooks when you've got so many other things to do (unless your small business is accounting) and Quicken can handle many of the same tasks. On the other hand, if your "job" is to handle the books for a business then Quickbooks is a much better solutions. Make your decision wisely because data transfer between the two isn't as easy as it should be since they are now owned by different companies.
Quick books just raised the online price to $50.00/month with no betterment of the basic product. Just had to redo an invoice because the invoice date defaulted in the past to the same date of the last invoice I looked up. This makes the increase in price more painful.
Depending on your volume and type of transactions, think carefully if you really want these ALL in your finance/accounting software vs. a weekly or monthly summary. If you sell a lot of a few things, it probably doesn't make a lot of sense.
Hi! 👋 Both Quicken and QuickBooks requires a subscription, but you may check out this link for our guide to the best free accounting software which you may like: fitsmallbusiness.com/best-free-accounting-software/
![Best Way To DIY Your Accounting Records [Quickbooks vs. Alternatives vs. Xero vs. Spreadsheets]](http://i.ytimg.com/vi/1pLQuiDVyQI/mqdefault.jpg)
Looking for an accounting solution? Use our Product Selection Tool to get a free list of accounting software recommendations! technologyadvice.com/accounting-software/?.com&
I like most of your videos, but I think the comparison in this one may be a little confusing for some folks, as you mainly compared them as if they are both developed and marketed to primarily be “business” finance softwares, which is not the case, and may falsely lead some viewers to think of both of them as such. You're comparing like as if it's an apples to apples comparison, when it’s more like an apples to oranges, as they aim at different market's even though there is some overlap. I would say the simpler answer is this: Quicken is mainly developed to manage your "Personal Finance" and "Personal Assets," such as your personal checking accounts, savings, credit cards, debts, creating budgets, your 401k's, IRA's, your mortgage, mutual funds, keeping track of your personal net worth and more etc; although it does have "add on" versions for managing your "Business Finance." QuickBooks, on the other-hand, is "ONLY" and I mean only, developed and marketed to manage all of your “Business finance," and business accounts for a business that you run; it is "not" developed and marketed to manage any of your personal finances at all. I would recommend using “Both” softwares in this way: I would recommend using Quicken to manage all of your personal finances as mentioned before, and then if you also have an “active” business with a worthy enough amounts of finances, accounts, and transactions etc that you want or need to keep track of, I would “Also” recommend having a “separate” QuickBooks account for your business for running and managing your business finances etc.
I think your point about "ONLY" is so important. Only Quicken can do both personal and business (albeit business at a far lesser scale) where Quickbooks is ONLY (to use your emphasis) for business. Left out of your comments is that Quickbooks is "accounting" software where Quicken is "personal finance" software - meaning that if you are not well versed in journal entries, ledgers, accounts receivable and other accounting terms, Quickbooks is likely to be overwhelming and time consuming (to use and learn). If you are a small business owner, and want to do your own finances, I don't think you want to spend the time it takes to learn and use Quickbooks when you've got so many other things to do (unless your small business is accounting) and Quicken can handle many of the same tasks. On the other hand, if your "job" is to handle the books for a business then Quickbooks is a much better solutions. Make your decision wisely because data transfer between the two isn't as easy as it should be since they are now owned by different companies.
Quicken online Home, Business and Rental Property does have accounts receivable and payable feature
Quick books just raised the online price to $50.00/month with no betterment of the basic product. Just had to redo an invoice because the invoice date defaulted in the past to the same date of the last invoice I looked up. This makes the increase in price more painful.
Any idea if quicken home and business will connect/integrate to shopify, easy, ebay, etc to pull transactions?
Not sure, but quickbooks will
Depending on your volume and type of transactions, think carefully if you really want these ALL in your finance/accounting software vs. a weekly or monthly summary. If you sell a lot of a few things, it probably doesn't make a lot of sense.
Is there anything without a subscription?
If you looking for good and secure honestly no and there is. It not going to last l.
When it comes to tracking your money, its worth paying for the service.
Hi! 👋 Both Quicken and QuickBooks requires a subscription, but you may check out this link for our guide to the best free accounting software which you may like: fitsmallbusiness.com/best-free-accounting-software/
Do you have a version of this video in Spanish?
Le puedes poner subtítulos en español 😊
Quicken was originally developed by Intuit but sold off so the company could focus on QuickBooks.
GOOD GOD THE MISERABLE BACKGROUND MUSIC