QuickBooks Online

QuickBooks Online starts at $33/mo (Simple Start) for the Simple Start plan, which includes one user and unlimited bank feeds. The Essentials plan is $55/mo (Essentials) and adds up to three users and bill management. The Plus plan is $85/mo (Plus) and includes project tracking, inventory, and up to five users. All plans are month-to-month.

QuickBooks does not include payroll in the base subscription. Payroll is available as an add-on (Add-on (Employment Hero)) through the Employment Hero integration. This covers STP Phase 2 and superannuation, but it is a separate service with its own subscription cost.

User allowances depend on the plan: the Simple Start plan includes 1 (Simple Start), Essentials includes three, and Plus includes five. If you need more users, you would need to move to the Advanced plan.

Yes. QuickBooks Online supports direct BAS lodgement through the ATO's SBR channel. GST is tracked automatically as you categorise transactions, and you can prepare and submit your Business Activity Statement from within the software.

QuickBooks' entry plan is slightly cheaper than Xero's Ignite plan, and both mid-tier plans are similarly priced. However, QuickBooks includes only one user on Simple Start versus unlimited users on every Xero plan. Payroll is also an extra cost on QuickBooks, whereas it is included in every Xero plan. For businesses with multiple staff or employees on payroll, Xero may offer better overall value at comparable subscription tiers.

Yes. All QuickBooks Online plans include Unlimited bank feeds, which allows you to connect multiple bank accounts, credit cards, and payment processors without restriction.

No. QuickBooks Online in Australia is available on a monthly subscription with no lock-in contract. You can cancel at any time. QuickBooks regularly offers promotional discounts for the first few months for new subscribers.