The Quicken platform also comes with a host of useful features for managing rental property. Quicken’s features are optimized for personal finance management, but there are also small business management features that will cater to the needs of most freelance and home-based businesses. Quicken vs QuickBooks: Featuresīoth platforms offer a core range of features that optimize each software to best serve their target customers.

Let’s break down both accounting solutions to see how they compare. This article will focus on QuickBooks Online, which is by far the most popular version of QuickBooks among small businesses. On the other hand, QuickBooks is a double-entry accounting software that lacks the personal finance features of Quicken but comes with much more robust bookkeeping, accounting, and financial management features. You should note that we will only discuss Quicken Home & Business in this article. Quicken has five different product packages for its software, but only Quicken Home & Business includes business accounting features. Users can view banking information, track monthly bills, track investments, manage credit card accounts, and much more. Quicken includes features that let users view the complete picture of their personal finances on a single dashboard. The two platforms are aimed at different audiences. The main difference between Quicken and QuickBooks is that Quicken is primarily a personal finance management software while QuickBooks is a full-featured small business accounting software. What is The Major Difference Between Quicken and QuickBooks? We will compare both software solutions by outlining their key features so that you can decide which is best for your small business.Ĭomparison of both platforms will use the following criteria: There are many good products in the market that provide you with all of the features you need, but we will only focus on Quicken and Intuit’s QuickBooks Online. It’s safe to say if you are not using an accounting software solution for your business right now, you will be getting one soon. Research shows that 64% of small businesses use accounting software and the market for accounting software solutions is projected to be worth $4.3billion by 2023. Small businesses have to choose from a wide variety of accounting software solutions, and this range of choices can be overwhelming.

Sales on quicken software for mac