Subscription-based accounting software has several advantages, including regular updates, accessibility from anywhere with an internet connection, scalability, and often lower upfront costs compared to traditional on-premises software.
Popular subscription-based accounting software platforms include QuickBooks and ZipBooks. These platforms offer a range of features, including invoicing, expense tracking, financial reporting, and integration with other business tools.
However, there are differences between the two platforms, such as range in price, features, and level of customer support, which are worth knowing. Let’s explore each one to determine the best fit for your bookkeeping needs.
ZipBooks
Designed for small entrepreneurs, startups, and micro-businesses with minimal transactions to record, ZipBooks is an excellent ‘starter’ accounting program for freelancers. It offers a Dashboard with Quick Stats, Accounts Receivable, Key to Bar Graph, and Business Health Score features. Customer support options include chat and helpdesk, with four different pricing plans ranging from $0 to $125 per month.
QuickBooks for Mac
Designed to fit well with any size business, QuickBooks has many more features and a vast network of advisors. It offers a Dashboard with Left Menu Bar, Sales, Profit and Loss, Expenses, and Invoice tabs, and omnichannel customer support. There are three different pricing plans, starting at $15 per month.
Ease of Use
Both ZipBooks and QuickBooks for Mac are user-friendly and do not require a bookkeeping background to use. They both utilize simple language rather than industry terminology, making the user experience easier. The decision on which accounting software is best for your business depends on the size of your business, with ZipBooks being best suited for smaller entrepreneurs and QuickBooks offering more features for larger businesses.