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FloQast vs QuickBooks

FloQast logo

FloQast

Software

Close management software for accounting teams

From
$29/month
Rated
-
Full reviewWebsite
QuickBooks logo

QuickBooks

Software

Smart, simple online accounting software for small business

From
$30/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: FloQast no pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against; QuickBooks chart of Accounts is capped on every QuickBooks Online tier except Advanced; Simple Start, Essentials and Plus all have a limited entry count
  • They diverge on capability: FloQast covers Close management, QuickBooks covers Income & expense tracking.

Where they differ

Only the attributes on which FloQast and QuickBooks actually diverge.

Attributes where FloQast and QuickBooks differ
AttributeFloQastQuickBooks
Starting price$29/month$30/month
PlatformsWebWeb, Ios, Android, Api
Founded20131983

Identical on both: pricing model (subscription), free tier (No), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in FloQast

  • Close management
  • Reconciliation
  • Flux analysis
  • Audit prep
  • Team collaboration
  • NetSuite
  • QuickBooks
  • Sage

Only in QuickBooks

  • Income & expense tracking
  • Invoicing
  • Payment processing
  • Financial reporting
  • Tax preparation
  • Bank reconciliation
  • Bill management
  • Mobile apps

What people use each for

The jobs each tool is most often brought in to do.

FloQast

  • Managing the accounting close with checklists and reconciliationsnot QuickBooks
  • Automating account reconciliation and compliance workflowsnot QuickBooks

QuickBooks

  • Bookkeepingnot FloQast
  • Invoicingnot FloQast
  • Expense trackingnot FloQast
  • Financial reportingnot FloQast
  • Tax preparationnot FloQast

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

FloQast

  • No pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against
  • The product is split into five separately packaged solution categories
  • Every route to a figure runs through a personalised demo

QuickBooks

  • Chart of Accounts is capped on every QuickBooks Online tier except Advanced; Simple Start, Essentials and Plus all have a limited entry count
  • Even the top Advanced tier caps bulk invoice uploads at 1,000 transaction lines per batch
  • Payroll is a separate paid add-on billed per employee per month (USD 6 to 10 depending on plan) on top of the base subscription

Pricing, plan by plan

FloQast

$29/month
  • StandardFree
    • Custom pricing
    • Close management
    • Reconciliation

QuickBooks

$30/month
  • Simple Start$30/month
    • Income & expense tracking
    • Invoice & payments
    • Tax deductions
  • Essentials$60/month
    • Everything in Simple Start
    • Bill management
    • Time tracking
  • Plus$90/month
    • Everything in Essentials
    • Inventory tracking
    • Project profitability
  • Advanced$200/month
    • Everything in Plus
    • Dedicated account team
    • 25 users

Which should you pick?

Choose FloQast if

  • You need close management.
  • You also want reconciliation.
FloQast review

Choose QuickBooks if

  • You need income & expense tracking.
  • You work on Web, Ios, Android, Api.
  • You also want invoicing.
QuickBooks review

Questions people ask

Is FloQast or QuickBooks better?
Neither clearly leads. FloQast starts at $29/month and QuickBooks at $30/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or QuickBooks?
FloQast starts at $29/month and QuickBooks at $30/month.
Does FloQast or QuickBooks run on more platforms?
FloQast runs on Web. QuickBooks runs on Web, Ios, Android, Api.
What is FloQast best used for?
FloQast is most often used for managing the accounting close with checklists and reconciliations, automating account reconciliation and compliance workflows. Of those, managing the accounting close with checklists and reconciliations and automating account reconciliation and compliance workflows are not what QuickBooks is typically brought in for.
What can FloQast do that QuickBooks cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep. QuickBooks covers Income & expense tracking, Invoicing, Payment processing, Financial reporting.
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