Holdings vs QuickBooks
QuickBooks charges $30+/mo for accounting and doesn't include banking. Holdings gives you both — zero-fee banking and full accounting software — for free.
Feature comparison
See how Holdings stacks up against QuickBooks
| Feature | Holdings | QuickBooks |
|---|---|---|
| Monthly Cost | Free | $30 – $200/mo |
| Business Banking | ✅ Included free | ❌ Not included |
| Checking Account`, holdings: `✅ ${SITE_CONSTANTS.APY}% APY`, competitor: `❌ Must use external bank | ||
| Auto-Categorization | ✅ Real-time | ✅ With bank sync |
| P&L Reports | ✅ Included | ✅ Included |
| Balance Sheet | ✅ Included | ✅ Included |
| Cash Flow Statement | ✅ Included | ✅ Included |
| Invoicing | Coming soon | ✅ Included |
| Bank Sync Delay | None (native) | 1–2 business days |
| Sub-accounts | Unlimited (free) | N/A (chart of accounts) |
| FDIC Insurance | Up to $3M | N/A (not a bank) |
| Payroll | Not included | Add-on ($45+/mo) |
Why choose Holdings over QuickBooks
Save $360–$2,400 per year
QuickBooks costs $30–$200/mo. Holdings includes the same core accounting features — categorization, P&L, balance sheets, cash flow — for free with your banking account.
No bank sync delays
QuickBooks waits 1–2 business days for bank transactions to import. Holdings categorizes transactions instantly because banking and accounting are the same system.
Banking + accounting in one login
With QuickBooks, you manage your bank in one app and accounting in another. Holdings combines both — one platform, one login, zero reconciliation gaps.
Earn interest on your money
QuickBooks doesn't hold your money. Holdings pays 1.75% APY on every dollar while keeping your books current automatically.
Get the Accounting Switch Guide
Moving off QuickBooks? This guide covers data migration, what integrations you'll need (hint: fewer than you think), and how Holdings replaces your entire stack.
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When QuickBooks might be the better choice
QuickBooks may be a better fit if you need invoicing, payroll, inventory tracking, or advanced job costing. QuickBooks also has a deeper ecosystem of integrations and a larger accountant network.
Frequently asked questions
Can Holdings really replace QuickBooks?
For core accounting — categorization, P&L, balance sheets, cash flow reports — yes. If you need invoicing, payroll, or inventory management, you may still want QuickBooks for those features alongside Holdings banking.
How much would I save switching from QuickBooks?
QuickBooks Simple Start costs $30/mo ($360/year). QuickBooks Plus costs $80/mo ($960/year). Holdings includes equivalent core accounting features for free with your banking account.
Can my accountant use Holdings?
Yes. Invite your CPA or bookkeeper with the Bookkeeper role. They get full access to your accounting tools, reports, and transaction history. You can also export to QuickBooks format if they prefer it.
What about bank feeds from other accounts?
Holdings can connect external bank and credit card accounts for a complete financial picture — similar to how QuickBooks connects to external banks.
Does Holdings support multiple entities?
Yes. Holdings supports multiple business entities from one dashboard with separate accounting for each. QuickBooks charges separately for each entity.
QuickBooks is the name everyone knows
Holdings is the platform that combines banking and bookkeeping so you don't need separate software. Same accounting features, zero monthly fee. Open free and see how it compares.
1.75% APY† • Zero fees^ • FDIC insured to $3M*