Differences/advantages or comparisons between Quicken vs QuickBooks ?

jntcasey
jntcasey Member
edited March 2022 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 2022
    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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