How KashFlow and QuickBooks Software compare on pricing
As a business owner or accountant, you need reliable accounting software to keep your business finances on track. However, with so many different options available, it can be challenging to choose the right one for your business. Two of the most popular accounting software options are KashFlow and QuickBooks. In this post, we will compare the pricing of these two accounting software options to help you decide which is the best fit for your business needs.
KashFlow pricing
KashFlow offers a straightforward, tiered pricing structure that's based on the number of active customers you have for your business. With KashFlow, there are two pricing plans available, as summarized below:
1. The Starter Plan
KashFlow's Starter plan is priced at £7 per month and includes up to 10 active customers.
2. The Business Plan
KashFlow's Business plan is priced at £15 per month and includes up to 500 active customers.
QuickBooks pricing
QuickBooks offers various pricing plans that depend on the features you need from the software. Here's an overview of QuickBooks pricing plans:
1. Self Employed Plan
The QuickBooks Self Employed plan is geared towards self-employed individuals, freelancers, and sole traders. The pricing for the Self Employed plan starts at £6 per month.
2. Simple Start Plan
QuickBooks' Simple Start plan costs £12 per month and is designed for small businesses with basic bookkeeping needs.
3. Essential Plan
QuickBooks' Essential plan costs £20 per month and offers additional features such as bill management, time tracking, and project profitability.
4. Plus Plan
QuickBooks' Plus plan costs £27.50 per month and includes all the features of the Essential plan, plus inventory management and multiple user access.
Comparison
Overall, KashFlow tends to offer lower pricing options than QuickBooks. When comparing plans with similar features, KashFlow typically offers a more affordable option, depending on the number of active customers you have.
However, it's important to note that QuickBooks does offer more advanced features, such as inventory management and user access, which KashFlow may not provide at their pricing level.
Therefore, if you require advanced features, QuickBooks may be the better choice, despite its higher pricing. Conversely, if you're a small business with limited accounting needs, KashFlow may be the more cost-effective option.
Conclusion
When it comes to choosing between KashFlow and QuickBooks, your choice of accounting software should be guided by your business's unique needs. Both software options have their own pricing structures, features, and user interfaces. By understanding the differences between the two, you can make an informed decision that aligns with your business goals and budget.
References
- "Pricing - KashFlow." KashFlow.com, https://www.kashflow.com/pricing/.
- "Pricing - QuickBooks UK." QuickBooks.co.uk, https://quickbooks.intuit.com/uk/pricing/.