In this blog post, we will provide you with the differences between Mint and QuickBooks to help you decide on the best software for your business.
Mint or Mint.com is a free personal financial management platform. The tool is made to help you manage your personal finance, income, and credit ratings and easily keep track of your budget. It was introduced by Intuit for US and Canada-based people. Intuit has also introduced some other accounting software, like TurboTax and Credit Karma; however, the most famous one is QuickBooks.
QuickBooks is one of the most favored Business accounting software developed by Intuit. It is mainly a Canadian and US-based software company. It is a user-friendly software with an easy to use interface. The software has all the accounting tools that can help you with tax filing, invoicing, payroll, bank account tracking, budgeting, reconciling, and a lot more things. With QuickBooks, you can manage your finances very easily and effortlessly.
Now, let’s begin the comparison between Mint and QuickBooks on the basis of the features they provide, price, integrations, ease of use, setup, and customer care help.
Also Read: Query Processing Error QuickBooks
If you want any kind of assistance in Mint and QuickBooks, you can get in touch with the professionals for type instance, help by calling @ +1 855 706 0905
Mint vs QuickBooks
Both QuickBooks and are great and leading applications with all the important features and tools to improve your business. However, each of them differs in real-time use. So, let’s dive into the discussion and learn about it.
1. User Base
Mint is individual financial accounting software, and it has all the tools needed for your personal accounting and finance management. The software assists you in keeping track of your expenditures and savings.
On the other hand, QuickBooks is made for handling the budget and finance of organizations. It handles all the complex processes and simplifies your work.
Note: At once, 3 to 5 users can access QuickBooks.
2. Purpose
Mint is used to manage all your personal incomes and savings all over the world. Moreover, it is used by people to budget their monthly expenses.
Whereas QuickBooks is used by big organizations or small business owners, as it is a full-fledged accounting software that is used to manage business accounts and capital.
Important: Each of them has its own different purpose.
3. Features
Mint has all the tools that can help an individual to manage their own capital effortlessly. The features comprise budgeting calculators, automatic transaction categorization, bill tracking, bill reminders, and others
On the other hand, QuickBooks focuses more on features that are important for a business, like sales tracking, invoice raising, automatic tax categorization, payroll management, and business reporting.
4. Reports
When we are discussing reports, Mint generates a few, but they are not as informative as QuickBooks. Reports by Mint are just about spending, debt, income, and a few others.
In contrast, QuickBooks creates many informative reports, for example, general ledger, accounts receivable, accounts payable, profit and loss, account list, summary reports, customer list, etc. These reports assist the firms in knowing more about their business and the loss or profit they are making.
5. Customer Care Help
With Mint, you will not get any kind of Customer Care help. They only provide a short and simple FAQ section to help the users at the time of any issue.
On the other hand, QuickBooks provides a 24*7 Customer help center for its user. If you get stuck in an issue, you can contact the QuickBooks team instantly. As a QuickBooks user, you can ask for assistance via emails, calls, or live chat. Choose one according to your preference and comfort, and they will try to resolve your issue as soon as possible.
Note: QuickBooks’s users can also fix their problem with the help of FAQs and video tutorials that are present on the official website.
6. Integration
To expand the platform and increase the platform’s capabilities, QuickBooks offers various assistance to many third-party integrations. They even have an app store where users can select and integrate programs and applications according to their preferences.
Whereas, Mint doesn’t encourage or give help to any third-party integrations that can control the functionalities of the program.
7. Pricing
When it comes to pricing Mint is a cost-free application. As a mint user, you are not supposed to pay anything to utilize the features and advantages. They have everything to help you to manage your personal financial account.
In comparison, QuickBooks has three subscription options for their user. It starts from $20 per month to $60 per month. They offer different features in different price ranges. However, users can find the best features in QuickBooks Plus that have multiple benefits like project profitability tracking, inventory tracking, etc.
Moreover, QuickBooks also has a Payroll Management add-on at an additional charge of $20 per month +$3 user per month.
Note: Before purchasing, the user can have a 30-day free trial.
Final Words!!
Out of the two software, QuickBooks is always favored by small business owners. However, both are significant and well-known. Further, it depends on you to choose one according to your requirements. We hope by following this blog, you get to know the actual difference Between Mint and QuickBooks. If you still have some doubts, you can get help from our experts. You can contact them via live chat or email and receive the best possible assistance within the quickest time possible.
