QuickBooks vs Money Pro

QuickBooks is a well-known bookkeeping platform with a lot of power behind it. But power isn’t always what a new business needs. QuickBooks offers a wide range of powerful features, but it has a steep learning curve and higher price point. QuickBooks starts at $20/mo for Solopreneur, a very limited single-person option, and $38/mo for Simple Start, which is the plan most comparable to Money Pro.

In contrast, Money Pro was built specifically for small business owners and offers a more intuitive interface at a lower cost: $30 per month or $300 per year (an annual subscription saves $60).

QuickBooks’ AI is built around financial management — it automates bookkeeping, categorizes expenses, processes payroll, and forecasts cash flow. It’s a powerful tool for managing the financial side of your business.

Velo is built around the entire business journey. It helps you start your business, stay compliant, and grow — handling formation filings, compliance deadlines, and operational guidance from your very first idea.

Velo is free for everyone. QuickBooks’ AI features are included in paid plans starting at $20/month, with more advanced tools available on higher tiers.

Both Money Pro and QuickBooks allow you to connect bank accounts for automated transaction syncing. Money Pro uses Plaid for secure connections, ensuring data protection. It also makes it easy to categorize costs for tax purposes and allows multiple accounts to be connected.

Money Pro and QuickBooks have similar invoice capabilities. Both let users create, send, and track customized invoices, including recurring invoices. QuickBooks supports a broader range of payment methods including cards, ACH, Venmo, PayPal, and Apple Pay, while Money Pro payments are powered by Stripe.

Money Pro doesn’t charge deposit fees, but Stripe processing fees apply to invoice payments: 2.9% plus $0.30 per transaction for credit cards and 0.8% for ACH payments (capped at $5).

QuickBooks has slightly higher fees for invoice payments: 2.99% for card and digital wallet transactions and 1% for ACH transactions. Note that these rates may vary; businesses processing over $2,500/month may qualify for volume discounts. Check QuickBooks’ current pricing page for the latest fee schedule. More established businesses processing more than $2,500 per month may be eligible for discounts on transaction fees.

Syncing a bank account in Money Pro takes just a few minutes. After verifying your banking credentials through Plaid, transactions sync automatically. Money Pro then categorizes expenses with just a few clicks, simplifying expense tracking and reporting.

Money Pro features a built-in mileage tracking tool that simplifies deducting expenses for business trips. There are also client management tools that make it easy to create and track invoices, as well as collect payments from customers.

Yes. Money Pro lets you create and track invoices, collect payments, and upload receipts as images or PDFs directly from your phone.

As of May 1, 2025, each business requires its own Money Pro subscription. Separate entities can’t share a single subscription.

ZenBusiness provides customer support for Money Pro by phone, email, and chat. There’s also a dedicated email channel for Money Pro inquiries. Our support team is available Monday through Friday from 8 a.m. to 8 p.m. CT, and Saturday and Sunday from 9 a.m. to 6 p.m. CT.

Money Pro isn’t a tax-filing service, but it streamlines tax preparation by tracking income, expenses, and deductions throughout the year. The app can even generate estimated quarterly tax projections based on your financial data.

If you’d like help filing taxes or want professional advice, ZenBusiness Tax Services can handle that process for you. Money Pro makes it easy to export reports for any accountant or tax preparer.

Backed by Stripe, Money Pro supports both credit card and ACH payments. You can also set up recurring invoices on flexible schedules: weekly, biweekly, monthly, or yearly.