It's recommended to employ a POS system if you're running a business to ensure that product and service payments are accounted for properly. Whether you're buying for the first time or replacing your old system with excellent POS software, you have a wide range of choices to consider. To shorten your list of choices, you can look into Square Point of Sale and Quickbooks point of sale. They are two of the best options, but they offer different yet outstanding features that are worth your investment.
Which one is better than the other? In this article, we will compare the Square Point of Sale and the Quickbooks point of sale. You will know how they differ in terms of features, integration of other POS software, hardware, and pricing information. The comparison will help you decide which of the two POS systems works best for your business.
Features
Let’s begin with what both platforms can offer to users. Square Point of Sale doesn’t pack a lot of features, but it offers distinctive features that make it a top choice as your POS system. Some of its best highlights include an employment management system, product customization, real-time inventory, reporting and analytics, customer profiles, invoice tracking, as well as pay, give a tip, and sign directly on the device. It has an integrated payment processing, and you can connect it to other POS software.
Meanwhile, Quickbooks point of sale boasts of more features but still functions almost similar to Square Point of Sale. It features price lookup, customer profile, bar code scanning, inventory tracking, inventories of multiple stores, credit card processing, customer history, orders, purchase history, salesperson history, and a database of customer information, to name a few. Like Square point of Sale, Quickbooks can also be integrated with other software.
Integration
When it comes to integrations, Square is more versatile than Quickbooks point of sale. It can integrate with, at least, 80 POS software, business applications, and systems, including Vend, SuitePOS, Weebly, BigCommerce, Lavu, and Wix Bookings, and eHealth. Quickbooks, on the other hand, is only compatible with eight applications and systems such as AccuPOS, Bindo POS, Magento, QB Accounting, Quickbooks Online, Revel, Vend POS, and Woocommerce.
Hardware
One of the best things about Square point of sale is its hardware. It comes with a credit card reader that can be connected to a smart mobile device in completing a transaction. It also offers other devices like registers, terminals, and business stands.
Besides the small number of POS software integrations, Quickbooks point of sale keeps its classic touch and has limited hardware solutions to offer. If you want to extend the whole system, you actually have to buy devices like a receipt printer, cash drawer, barcode scanner, pin pad, pole display, and wireless barcode scanner. You can purchase most of its hardware solutions on its website.
Pricing Information
Both POS systems have different modes of payment. Square point of sale has a free POS app and Magistripe reader that you can connect to Android and iOS devices. For every card swipe for American, Discover, Mastercard, and Visa, you are charged with 2.75 percent of the customer's total payment. There are also monthly payments for Retail and Restaurant plans. The price starts at $60 per location per month, as well as a 2.5 percent charge with an additional $0.10 for every dip, swipe, or tap.
Quickbooks software is different. It only offers a one-time payment for the software. You can choose from three plans: the Basic is $1200, the Pro is $1700, and the Multi-store is $1900.
They have free trials of QuickBooks SaaS, but you have to purchase the POS hardware to keep this POS system up and running.
Conclusion
Both Square and Quickbooks POS systems have unique features, and they are known for their respective functionality. Choosing between the two can be a bit of a challenge, but if it helps, weigh your decision based on the pricing information. If you want versatility and monthly payment, then go for Square POS. But if you want a one-time payment and hardware solutions of your choice, then choose Quickbooks POS. Either way, it’s a point of sale system win.
