QuickBooks Online

QuickBooks Online is a cloud-based accounting software designed for small and medium-sized businesses, offering features such as invoicing, expense tracking, and financial reporting to streamline financial management processes. With its user-friendly interface and integration capabilities, QuickBooks Online simplifies bookkeeping tasks and provides insights into business finances

How to reduce the cost of a Quickbooks Online subscription

 i – Tricks are what we like to call direct ways to reduce your subscription costs.

Occasional Sale (Can be seen on their Website)

https://quickbooks.intuit.com/global/pricing/ 

Multi-Company Discount ( Intuit QuickBooks Online Accountant )

This is perfect for accountants who are working for multiple companies.

https://quickbooks.intuit.com/accountants/offers/terms-multi/

Multi-Company Files in 1 Quickbooks Online

Perfect for business owners with multiple businesses:

https://quickbooks.intuit.com/ph/resources/accounting-and-bookkeeping/multi-files-qbo/

Try Canceling Your Subscription

This redditor was given a 70% discount for 3 months. (note: we think it’s better to reach out for their support and explain your situation to them ) https://www.reddit.com/r/QuickBooks/comments/18swzsq/70_off_quickbooks_online/

Additional reduction ways to try to reduce subscription costs:

Optimize User Licenses 

Audit user licenses and remove inactive users. Consider permission sets to grant specific functionalities instead of assigning full licenses for basic needs.

Data Storage Management

Archive old data. Utilize data validation rules to prevent unnecessary data entry that consumes storage

Process Automation: Utilize workflow and approval processes to automate manual tasks, reducing the need for additional licenses.

How to implement a Workaround to reduce subscription for Quickbooks Online

 i – A workaround is using another tool to reduce your subscription.

• We haven’t found any current workarounds to reduce your subscription  

Additional workarounds to try to reduce subscription costs:

Integrations with Free/Freemium Tools

Explore free or freemium tools like Zapier to automate tasks that might require additional licenses (e.g., basic data cleansing). Consider integrating with freemium tools like Slack for internal team usage

How to reduce Quickbooks Online via bundling

 i – Use one tool to get a discount on another tool.

• We haven’t found any current bundles to reduce your subscription

Additional bundling options to try to reduce subscription costs:

Pairing/Bundling for Discounts

Partner Programs: Check if your company qualifies for partner discounts through partnerships with other software providers (e.g., some cloud storage services offer discounts with Salesforce).

Negotiate with Support. Customer support details of Quickbooks Online

 i – Speak with the Quickbooks Online support team and ask for a discount.

https://quickbooks.intuit.com/global/connect-with-sales/ , +6531633422

Discuss Usage Patterns: Contact support and discuss your current usage patterns. They might offer discounts based on your specific needs and historical data.

Negotiate Renewal Rates: Before your subscription renews, negotiate renewal rates with support. Loyalty and commitment to the platform can sometimes lead to better pricing.

Use this for help: Customer support list or google

How to switch to subscription type for Quickbooks Online

 i – Switching to a longer-term contract or changing subscription type is a good way to save.

• We haven’t found any current subscription types to reduce your subscription

Annual Subscriptions

Switching to annual subscriptions often comes with a discount compared to monthly billing.

Reduce Inactive Users

Regularly review user activity and remove inactive user licenses to free up costs.

Switch to Alternative for Quickbooks Online

 i – Here is a list of similar products that are similar you can switch to for savings.

• Xero: Xero is a cloud-based accounting software that offers invoicing, expense tracking, and bank reconciliation features, providing comprehensive financial management solutions for businesses of all sizes. https://www.xero.com/
• FreshBooks: FreshBooks is an online accounting software designed for freelancers and small businesses, offering invoicing, expense tracking, and time tracking tools to simplify financial management. https://www.freshbooks.com/
• Wave: Wave is a free accounting software with invoicing, accounting, and receipt scanning capabilities, providing small businesses with essential financial management tools without the need for a subscription. https://www.waveapps.com/
• Zoho Books: Zoho Books is an online accounting software that offers invoicing, expense tracking, and inventory management features, providing businesses with a comprehensive solution for financial management. https://www.zoho.com/books/

Open-Source Solutions: Depending on your needs, explore open-source solutions that might offer similar functionalities at a lower cost. When searching try “Opensource for x” to find applicable tools.