Skip to main content
J
jasonbsimpson
September 27, 2021
Question

Quicken Home & Business vs Quickbooks Online

  • September 27, 2021
  • 2 replies
  • 0 views

So I'm debating on which software to use for my accounting. It looks like Quicken Home and Business would be perfect except I own a Mac, so I'd need to setup a virtual drive on it to run windows and quicken. The other drawback is that it wouldn't be on the cloud, so I''m also looking at using quickbooks online.

 

This would be to track my personal accounts as well as my small business accounts. I've got a Real Estate Investing business that I operate from my home, and currently have no employees.

 

Any input/feedback would be appreciated!

2 replies

Fiat Lux - ASIA
Fiat Lux - ASIA
September 27, 2021

Running Quicken H&B on Parallels is one option. If you have a Windows PC, you may run Quicken H&B or QB Desktop 2020 or 2021 with a one time license, then you can access your company file by a remote desktop app on your Mac.

https://my.splashtop.com/splashtop_referral/AAHHq6GG344maw

 

Last option, consider to purchase QB Online Plus to utilize the Class/Location feature. 

https://quickbooks.grsm.io/US

https://quickbooks.grsm.io/us-promo

 

J
Jimmywick
July 13, 2022

According to me, QuickBooks Online is much easier to navigate than Quicken. Tasks are grouped by workflow, so you can easily find the task you need. The QuickBooks Online dashboard has a menu bar on the left that makes it easy to navigate programs. The dashboard shows a summary of total paid and unpaid customer invoices, total spending, profit and loss (P & L), and sales for the selected time period.

Also, QuickBooks Online is easier to set up than Quicken because it's purely web-based, with no downloads or installations required, and users can easily access their QuickBooks Data on their Azure Desktop. QuickBooks Online is also easy to track business income and expenses because its the main focus, but Quicken can be confusing and unnecessary to track business income. There are many other personal financial functions.

So from my point of view, You should surely go for Hosted QuickBooks without any doubt.

 

Regards,
J Wick

    S
    SYZYGY Media
    January 15, 2025

    THANKS! That is precisely the information I was looking for. My only question (hope, prayer!) is that there is a way to import the tons of data I currently have in Quicken Home & Business. Do you know if that is possible?

    A
    Aldren18
    January 16, 2025

    Yes, @SYZYGY Media. Importing your extensive Quicken Home & Business data into QuickBooks Online (QBO) is possible. This change will simplify your accounting tasks and help you focus more on growing your business. I’ll provide tailored guidance to ensure a smooth transition.

     

    Before proceeding, I suggest exporting your Quicken data to a file in .csv format so you can import it into QBO. If you run into problems with converting your file, you can contact Quicken support  for help.

     

    Once everything is good, you can begin the importing process by following these steps:

     

    1. Sign in to a QuickBooks Online account.
    2. Navigate to the Gear icon located at the top right of the screen.
    3. Select the Import Data option under the Tools category.
    4. Choose the type of list that you want to import and hit the Import tab.
    5. Select Browse and locate the CSV file, then click on Open.
    6. Hit Next, and a green checkmark will appear on the fields that QuickBooks recognizes. Otherwise, you’ll see No Match.
    7. Use the dropdown menus to map the fields and go to Next.
    8. Review all the entries that you’ll import and click on Import.

     

    After successfully importing your data into QBO, I encourage you to connect your bank account. This will allow you to utilize bank rules for automatic transaction categorization, simplifying your accounting tasks significantly.

     

    Furthermore, I’m excited to share a valuable resource that will guide you through getting started with QuickBooks Online. This comprehensive guide will equip you with the knowledge to navigate the platform effectively and maximize its features: Getting Started with QBO.

     

    Finally, consider exploring QuickBooks Live Expert Assisted to enhance your experience with the program. This innovative service connects you with QuickBooks-certified experts who provide personalized guidance tailored to your needs, particularly in managing your data.

     

    Revisit this thread for any further questions or need assistance along the way. This Community forum is always available and serves as a resource to support your specific needs. I wish you all the best as you embark on this new journey.

    Terms & ConditionsAccessibility statement