QuickBooks Pro has all the ideal project accounting features, including the ability to create an estimate, attach items (like inventory and sales taxes when creating an estimate), and allocate costs and estimates to a project. You can add a new company from the File menu in your QuickBooks Desktop homepage. One of the best things about it is that a single license allows you to do bookkeeping for an unlimited number of companies-something you can’t do with QuickBooks Online. Pro also offers the other general features we look for, including the ability to import beginning and ending balances, create user-defined classes, and close year-end books. You can also customize the chart of accounts or start with a default chart of accounts or import your existing chart of accounts. However, Pro still has great general accounting features, comparable to QuickBooks Online and the other QuickBooks Desktop products.Īfter you download and activate your QuickBooks Desktop Pro account, you can set up a new company by entering your company name, telephone number, email address, and entity type. QuickBooks Pro could have earned a perfect score if it could track income and expenses by location, which is a standout feature of its cloud-based counterpart, QuickBooks Online. More information about QuickBooks Desktop Pro’s app is found in our mobile app section below. Meanwhile, QuickBooks Online and Xero’s mobile apps have more features, such as the ability to create and send invoices and accept online payments. Unfortunately, QuickBooks Pro doesn’t let you do this, as it has a very limited mobile app-you can only use it to capture expense receipts and track mileage.
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