Differences/advantages or comparisons between Quicken vs QuickBooks ?

jntcasey
jntcasey Member
edited March 12 in The Water Cooler
I have Quicken deluxe and have had it for years. Noticed their both Intuit products...

Answers

  • NotACPA
    NotACPA SuperUser ✭✭✭✭
    Intuit hasn't owned Quicken for about 4 years.
    Q is a Personal Financial Manager.  But the HBR version supports individual-owned small businesses that can be reported on Schedule C,  Schedule E or Schedule F of your personal tax return.
    Quickbooks is a "Small Business  Financial Manager" ... but it doesn't support investment accounts.
    There are many other differences between the 2 products ... but those criteria are usually the Make-or-break items in the "which do I need" decision.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Jon
    Jon SuperUser, Mac Beta Beta
    edited February 8
    Quicken is not an Intuit product, Intuit sold Quicken years ago.

    As for differences, it seems like Quickbooks scales up to support a larger business than Quicken Home & Business does. For instance, I don't see anything in Quicken H&B about payroll, so it probably wouldn't be a great fit for someone hiring employees. It's also easier for your accountant to access your finances with Quickbooks.

    This looks like a pretty good evaluation of the differences:

    https://www.nerdwallet.com/article/small-business/quicken-vs-quickbooks
    Quicken Mac subscription. Quicken user since 1990.
  • Ps56k2
    Ps56k2 SuperUser ✭✭✭✭✭
    Jon said:  This looks like a pretty good evaluation of the differences:
    https://www.nerdwallet.com/article/small-business/quicken-vs-quickbooks
    tnx for the link - good comparison -


    QWin Deluxe Subscription - Win10
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