Compare QuickBooks and TurboTax Free Edition Online - Oct 2022

Shlomi LaviShlomi Lavi / Oct 16, 2022

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Bottom Line: Which is Better - QuickBooks or TurboTax Free Edition Online?

TurboTax Free Edition Online is more expensive to implement (TCO) than QuickBooks, and QuickBooks is rated higher (99/100) than TurboTax Free Edition Online (91/100). QuickBooks offers users more features (6) than TurboTax Free Edition Online (3). There is a clear winner in this case and it is QuickBooks!

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

DynaDo Vs. Intuit

DynaDo: DynaDo is a complete suite of tools needed to communicate and manage your business. It includes Email, Project Management, Customer Support, File Storage, Discussion Forums, Calendar, Chat, CRM. It replaces software like GMail, Dropbox, Zendesk, Salesforce and Basecamp.

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Who is more expensive? QuickBooks or TurboTax Free Edition Online?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for QuickBooks and TurboTax Free Edition Online.

QuickBooks price starts at $12.50 per month , On a scale between 1 to 10 QuickBooks Online Plus is rated 4, which is lower than the average cost of Core Accounting software. TurboTax Free Edition Online price starts at $170 per license , When comparing TurboTax Free Edition Online to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: QuickBooks cost is around the same cost of TurboTax Free Edition Online.

Which software includes more/better features?

We've compared QuickBooks Vs. TurboTax Free Edition Online based on some of the most important and required Core Accounting features.

QuickBooks: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Tax compliance.

TurboTax Free Edition Online: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

The software application has actually specifically been made for tiny and medium services. TurboTax Free Edition is perfect for individual users who are looking for help with their simple/1040EZ tax return.

QuickBooks

ITQlick rating
(4.2/5)

starts at $12.50 per month

QuickBooks Online is a web based accounting management solution for small and medium businesses. Its capabilities include expense tracking, automatic data backup, invoice creation, and others. The software was ...

Categories: Core Accounting.

TurboTax Free Edition Online

ITQlick rating
(3.9/5)

starts at $170 per license

TurboTax Free Edition is a tax software that can help users with their tax return needs. It can prepare and print your 1040EZ/ simple tax return for you and also supports efiling them if possible. Users can als...

Categories: Business tax.

Compare specifications

Compare features

QuickBooks: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Tax compliance

TurboTax Free Edition Online: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Compare
TurboTax...
ITQlick rating
3.9/5
Score
91/100
Pricing
5.6/10
License pricing
$170 per license
Functionality
4
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.