QuickBooks Just Hiked Their Rates Again

You know that sinking feeling when you think something’s going to go wrong? That’s how I felt when I found out QuickBooks is raising their prices again. It’s not like we want this to happen, but it looks like they’re going to do it anyway.

What Happened

Effective June 1st, QuickBooks Online is increasing its subscription rates. The Simple Start plan will go up by 17%, and the Essentials plan will see a 12% hike. This isn’t the first time they’ve done this, but it’s still not great news for small businesses trying to keep costs down.

And if you’re wondering why they’re doing this, well, I guess we’ll never know exactly what goes on in their boardrooms. But one thing’s for sure: you don’t want your clients getting the short end of the stick because of these price increases.

What This Means for Your Business

The villain here is clear: it’s those price hikes that eat into your budget and leave you feeling helpless. You’re not just dealing with a few extra dollars; you’re looking at potentially higher costs across the board, which can add up fast.

And let’s be honest, you don’t want to be caught off guard when these changes hit in June. This is about being confident and in control of your finances, rather than reacting after the fact.

What To Do This Week

• Review Your Current Costs: Take a look at what you’re currently paying for QuickBooks and how these increases will affect your budget.
• Explore Alternatives: If the price hikes are too much, start looking into other accounting software that might fit your needs better without breaking the bank.
• Contact Your Provider: Reach out to QuickBooks directly to see if there are any ways to mitigate these costs or get a heads-up on future changes.

Questions about how this affects your setup? Schedule a free IT consultation and we’ll walk through it with you.