Quickbooks POS is a signature product from the venerable Intuit. POS, like the majority of Quickbooks’ products, is targeted at small-business owners and retailers. Anyone who has used Quickbooks before will be able to use the POS with ease. The Quickbooks POS has different price ranges. In this post, we will learn How much does Quickbooks POS costs.
Almost all the small and medium-sized business owners use Quickbooks POS to deal with their daily financial requirements. It is the most popular accounting software that also has advanced tools. This will help you in growing your business rapidly and within no time you will be at the peak of industry advancements.
Before getting to know the price, we should start with what actually QB POS is, so let’s start with that.
QuickBooks POS – Explained
A point-of-sale system (POS) is a software and hardware mix that enables small business owners to perform purchases. QuickBooks’ point-of-sale device consists of a mix of laptop QuickBooks applications and QuickBooks point-of-sale hardware. It’s necessary to bear in mind that the POS program is installed locally on your computer and only operates with QuickBooks Desktop. Here we have introduced different versions of Quickbooks POS along with their price range and capabilities. Let’s have a look at that.
Quickbooks POS Cost Different Plans
Now that we have seen the different plans and prices of the Quickbooks POS, it is time for us to see what each plan has to offer us.
QuickBooks POS: Basic
As you can tell by the name, this is the most basic version of the Quickbooks POS. This means you will have all the most vital functions of POS except the advanced tools and addons.
These are some of the capabilities that Intuit’s Quickbooks POS has to offer you.
- Take payments
- Ring sales
- Monitoring of the customer data
- Performing most basic sales reports
- Coordinate with the Desktop version of QuickBooks
With that being said, you would like to know the price range. Quickbooks POS starts at a price range of $1,200.
QuickBooks POS: Pro
The next version that comes up in Quickbooks POS after the basic version is the Pro version. The pro version will help you more by providing advanced features. It also has larger capabilities, making your life easy and quick.
$1,700 is what you would have to pay for the pro version of Quickbooks POS. Here are some features that it has to offer you:
- Employee management
- Management of payroll
- It gives you gift cards
- Offer layaways
- Advanced reporting
As it lies in the intermediate zone, it gives you the flexibility of both power and money. This simply means you will save a lot of money and still can have a lot of features in your sack.
QuickBooks POS: Multi-Store
As of now, you would have guessed, the Multi-store edition is the most powerful and dynamic version out of the three versions available. Plus, it has a lot of additional features and plugins.
The Quickbooks POS multi-store version’s price range started, QuickBooks POS vs Squares at about $1900. This is what it has to offer to you.
- You can manage multiple stores and channels
- The inventory can be managed and transferred.
- You can carry out advanced sales and inventory reporting between stores.
Price Range of Quickbooks POS Hardware
It is just as important to know the cost of the hardware as it is of the software. After all, that’s what makes the Quickbooks POS work properly. The price mentioned above may vary according to the marketplace you are buying it from. Also, on the QuickBooks point of sale hardware requirement [POS] that you wish to fulfill.
EMV Ready PIN Pad
The card reader is probably the most critical piece of QuickBooks POS hardware for any given POS device. The EMV Ready PIN Pad is the only Intuit credit card processing machine available for QuickBooks Point of Sale systems, enabling your company to accept payments from both magstripe and chip cards.
However, this credit card reader would not encourage your company to accept contactless payments. Many QuickBooks credit card processing competitors would allow the company to accept contactless payments from different payment apps such as Apple Pay and Google Wallet.
Furthermore, at $349.95, this Intuit credit card processing machine is a major investment for your business.
If you want your QuickBooks The wireless barcode scanner is another barcode scanner solution for your QuickBooks Point of Sale device. This choice is more comfortable, but it is still one of the most expensive Intuit hardware pieces available at $409.95.Point of Sale device to be able to send hard copy receipts to your clients, you’ll still need to buy a receipt printer. This computer would cost the company $219.95.
For your QuickBooks POS, you’ll have two barcode scanner options. The first and most economical alternative is a wire edition, which will cost your company $199.95.
Wireless Barcode Scanner
The wireless barcode scanner is another barcode scanner solution for your QuickBooks Point of Sale device. This choice is more comfortable, but it is still one of the most expensive Intuit hardware pieces available at $409.95.
If your organization deals with a lot of cash, you should think about getting a cash drawer for your QuickBooks POS as well. This piece of hardware would set you back $109.95 if bought from Intuit.
A pole monitor for your QuickBooks Point of Sale system will encourage your buyers to see the results of their purchases, but it will set you back $209.95.
Finally, to speed up your business’s checkout process, you may want to print tags and labels with barcodes. A tag printer for the QuickBooks POS device is available from Intuit Payment Solutions, but it costs $329.
QuickBooks POS Payment Processing
Payment processing is one conspicuous exclusion from our list of QuickBooks Point of Sale features. This is due to the fact that payment processing is not included in the QuickBooks POS product. To begin taking credit card payments from your POS, you must first establish a QuickBooks Merchant Services account. QuickBooks Payments has three separate plans, identical to QuickBooks POS software:
You must have a QuickBooks Online account to use QuickBooks Online Payments, and you must have a QuickBooks Desktop account to use any version of QuickBooks Desktop Payments. The good thing is that there are no fixed-term arrangements for QuickBooks Fees, so you can do it for as long as you want and cancel at any moment. Payments also integrate into the accounting platform, enabling you to simplify the process of entering purchases into your accounts.
However, you could use QuickBooks Payments as your payment processor if you’re using QuickBooks Point of Sale.
What are the Advantages of QuickBooks POS
With all of the information about Intuit POS options in front of us, it’s time to take a step back and look at the big picture.
What does all of the knowledge about QuickBooks Point-of-Sale software and hardware mean for your company? There are a few main advantages and disadvantages of using an Intuit POS framework with your business. Let’s begin with the good news:
The way the QuickBooks Point of Sale expense is set up is one aspect worth highlighting.
It is yours until your company invests in QuickBooks POS. As a result, there will be no monthly subscription costs or configuration fees associated with QuickBooks POS. The expense of QuickBooks POS is designed in such a way that the company will be able to get a decent idea of how much you’ll have to spend on it.
What are the Disadvantages of QuickBooks POS
Despite its benefits, QuickBooks Point of Sale is far from being ideal. In fact, there are potentially more drawbacks to using a QuickBooks POS method than advantages.
Let’s look at the three biggest flaws in Intuit POS solutions, and why they could make you reconsider having a QuickBooks POS framework for your company:
Lump-Sum Pricing Is Costly
Regardless of how you slice it, the rate of QuickBooks Point of Sale is among the best on the market.
And if you want the most simple configuration for your QuickBooks POS device, it will cost the company a lot of money—and that’s before you buy any hardware.
And, since this amount must be paid in one fell swoop, the corporation will be forced to fork over a huge sum of money all at once. This can be a deal-breaker for a lot of small companies.
No Payment Processing Included
In addition to the original cost of QuickBooks Point of Sale, you’ll have to pay for Intuit Retailer Facilities in order to use Intuit credit card processing. And if you’ll just have to pay once for your QuickBooks POS scheme, QuickBooks credit card processing would be a whole different story. So, when working out how much QuickBooks POS can cost, bear in mind that Intuit payment processing will be an extra transaction-based cost to figure in.
It only works for QuickBooks Desktop
Finally, a major disadvantage to purchasing a QuickBooks Point of Sale device is that it is entirely desktop-based. There is no “QuickBooks POS Online,” unlike the QuickBooks accounting app. Only QuickBooks Desktop POS applications will be available.
As a result, QuickBooks Point of Sale applications can only work with QuickBooks Desktop accounting software. If you want a POS system that binds to your accounting program but your company’s books are stored in QuickBooks Online, a QuickBooks POS system would be useless.
So, this was it. Hope you found this Quickbooks pos cost elaboration helpful. Don’t forget to check out other articles on our website.
In addition to Quickbooks POS vs Square, there are a number of POS systems available on the market. Our Quickbooks POS vs Square comparison guide can help you with this.