Autobooks vs. QuickBooks: Which One is Best for Your Small Business?
It’s 8 in the evening, and a mountain of receipts surrounds you. How are you going to put all these receipts into order?
In such a scenario, accounting software can help, and two of the best are Autobooks and Quickbooks.
But the question is, which one of these two accounting software is best for your small business?
In this wild accounting match of Autobooks vs. QuickBooks, let’s find out which one wins the first spot.
What is Autobooks?
Autobooks has been operating for the past 20 years and is accounting software designed for small and micro-businesses. The tool offers a single, easy-to-use interface where you can find information about payments, accounting tools, and more.
The cool thing is that Autobooks can directly integrate with your bank, so you can manage all your business finances without hiccups. In fact, Autobooks bank integration saw a 700% increase in its adoption by small businesses.
Some of the key features of Autobooks include:
Easy transactions
Besides, accounting features like tracking income and expenses and setting up payments and bills are a whole lot easier with Autobooks, so you can focus more on your business and less on writing checks.
When you integrate Autobooks with your bank account, you can ask customers to pay you through a secure payment link. On the other hand, you can pay other businesses, and Autobooks will keep track of your finances.
Pro invoicing
One of Autobooks’ cool features is that it can send direct invoices to your customers’ inboxes. You can keep track of these invoices, like who paid you and which one hasn’t, and set up automated payment reminders.
If your small business is into fancy things, you can customize invoices according to your brand’s colors and aesthetics. Pretty cool, right?
Flowing that cash
If you, as a small business owner, aren’t using a professional service like Tangent Consulting or accounting software like Autobooks, you’ll always be scratching your head.
Autobooks provides multiple digital tools to help you monitor your company’s cash flow. These tools offer vendor payment solutions, incoming customer payments, and more.
Now, let’s see what QuickBooks has to offer.
What is QuickBooks?
QuickBooks is the OG of small business accounting software if you google. ‘Best accounting software for small businesses, you’ll see Quickbooks on the first or second result.
The accounting software giant has been around for 32 years and offers plenty of accounting features, from invoicing to payroll to tax preparation. The software provides you with different options like QuickBooks Payroll, QuickBooks Commerce, QuickBooks Online, QuickBooks Payments, and QuickBooks Live QuickBooks Time.
So basically, you can sit back and relax and let QuickBooks do its things.
QuickBooks dominates the US market, and over 80% of small businesses use the tool. Besides the US, the accounting software company has over 7 million global users.
Here are some of the key features of QuickBooks:
Expert invoicing and payments
QuickBooks makes it super easy to create invoices for current and recurring payments. Like Autobooks, you can share these invoices with customers through emails or hard copies.
Regarding payments, you can connect your bank account and credit card with the QuickBooks account and let the software track all your payments. It automatically tracks your expenses and bills.
Accessible financial sheets
You may wonder about your financial sheets from time to time. QuickBooks makes it easier to access your financial statements, including balance sheets, cash flow statements, and tax statements.
Simple taxation
Here at Tangent Consulting, multiple clients tell us that taxation is the hardest part of managing finances. To them, we say, have you ever hired CFO services for your small business? If they think the costs are too high, we suggest using QuickBooks.
The tool calculates your income and expenses automatically as they happen. You can then give this info to your accounting firm, and they’ll file your taxes.
Autobooks vs. QuickBooks: Which one should you choose?
Now that you have learned about Autobooks and QuickBooks, which one should you select for your small business? Let’s break it down:
Ease of Use
If we have to talk about ease of use and beginner-friendliness, Autobooks is a better option. The interface is straightforward, beginner-friendly, and doesn’t tire you with tedious functionalities.
However, that doesn’t mean Autobooks wins the round.
QuickBooks offers advanced features, and some small business owners may find it difficult to work with. If you like to go into details, then we would recommend QuickBooks.
Cost
As a small business owner, we understand you don’t want to spend much on your accounting software. Luckily, Autobooks and Quickbooks don’t cost a lot.
Autobooks’ monthly pricing plan starts at $10; however, there’s no free trial. Some banks also offer Autobooks for free if you open a business bank account.
QuickBooks’s starting price is $15 per month for the first three months, and then $30 per month. The good news is that QuickBooks offers a 30-day free trial.
Type of business
If Adam runs a small restaurant and Olivia runs a salon, the nature of the business is different, and Adam may not require all accounting and taxation services.
So, Autobooks is good for Adam.
On the other hand, Olivia wants more functionalities for her business, like detailed reporting and taxation, so QuickBooks can help her.
It all depends on what you need from accounting software.
Features
Let’s ask you a question. So far, in this Autobooks vs. QuickBooks match, which software do you think has more features?
If your answer is QuickBooks, give yourself a pat on the back. QuickBooks offers many features and functions, such as payroll, taxation, and multiple app integrations.
So, this round goes to QuickBooks.
Here’s a detailed comparison table:
| Features | Autobooks | QuickBooks |
| Ease of use | Beginner-friendly | Comes with a lot of features but is more complex in use. |
| Accounting features | Basic features like Invoicing, cash flow management, and others. | Extensive features from payroll to taxation. |
| Integration | Allows bank integration | Offers bank integration along with other apps. |
| Best For | Solopreneurs, micro-businesses | Small to medium-sized businesses |
| Cost | Starting from $10 per month with no free trial | Starting from $15 per month with a 30-day free trial. |
Final thoughts
So, there you have it! Whether you choose Autobooks or QuickBooks depends on what you seek in accounting software.
If you want basic features, Autobooks is fine. But if your business is growing and you want more features, QuickBooks is ideal.
Otherwise, if you have a much bigger fish to fry and financial management is getting out of hand, you need an expert accounting firm like Tangent Consulting. With our expert guidance, you can make informed decisions and achieve sustainable growth.
To learn more, check out our services page and learn how we can help you.
FAQs
Are QuickBooks and Autobooks the same thing?
QuickBooks and Autobooks are accounting tools that can simplify business financial management. They offer features such as invoicing, payroll management, taxation, cash flow management, financial reporting, and more.
Is QuickBooks free?
While QuickBooks isn’t free software, it offers a 30-day free trial to test its features.
Why is QuickBooks better?
In many aspects, QuickBooks is better than AutoBooks due to its advanced features and integration with multiple apps.
