A QuickBooks On-Line Essentials subscription retails for $30 a month.  This subscription includes automatic data back up and bank-level security and encryption.  Three company users can have access with different permission levels and 2 accountant users can be added for no additional cost.

If you charge customers sales tax, QBO Essentials will add sales tax to purchases and keep up with the accounting for your sales tax payable.  QBO Essentials will allow you to send customers invoices and estimates and print checks from your computer.  Bank and credit card transactions can be downloaded and accepted into your books.  Your QBO account can be accessed from your smartphone, tablet, or desktop computer.

If you currently use QuickBooks Desktop, your records can be imported into your QuickBooks On-Line Essentials account.  If you currently use other accounting software or you are just getting started, your QBO Essentials subscription will import spreadsheet lists of customers, vendors, products, services and your chart of accounts.  You can also export these lists from your QBO Essentials Subscription.

Additional features of QBO Essentials are:

• Invoices can be set up and sent out on a regular schedule
• Bill payments, charges, and credits can be scheduled for later dates
• Recurring Transactions can be set up
• International currencies and foreign bank accounts are supported

If your company has employees, QB On-Line Payroll can be added to your QBO Essentials Subscription.  QBO Payroll includes free direct deposit and this is a very nice feature for small companies.

If you would like to compare QBO Essentials features to other versions of QBO, click here for a chart with a complete listing of all the features and the prices.

QuickBooks ProAdvisors can help with QuickBooks set-up, training, and/or regular bookkeeping for your company.  QuickBooks ProAdvisors are also able to offer wholesale billing for some QuickBooks products.