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EmLedger vs QuickBooks

QuickBooks charges per company. EmLedger charges per tier. If you manage multiple entities, the savings are dramatic.

Short answer

EmLedger is a QuickBooks alternative built for people running multiple companies. QuickBooks Online charges roughly $115/month per company on Plus, while EmLedger covers up to 3 entities for $49/month and up to 15 for $129/month — one login, no per-company fees. EmLedger also adds consolidated reporting, one-click entity switching, and inter-company tracking that QuickBooks Online doesn't offer.

Pricing

The cost of Per-Company Pricing

QuickBooks Plus costs $115/month per company. Here's what that means as you grow.

# of Companies 135101525
QuickBooks Plus $115/mo $345/mo $575/mo $1,150/mo $1,725/mo $2,875/mo
EmLedger $49/mo
Solo
$49/mo
Solo
$129/mo
Growth
$129/mo
Growth
$129/mo
Growth
$299/mo
Enterprise
You save $66/mo
(57%)
$296/mo
(86%)
$446/mo
(78%)
$1,021/mo
(89%)
$1,596/mo
(93%)
$2,576/mo
(90%)

* Based on QuickBooks Plus pricing of $115/month per company as of January 2026.

Running multiple companies in QuickBooks gets expensive fast

QuickBooks Online prices every company as its own subscription. A single QuickBooks Plus file is about $115/month, so an operator with five LLCs is paying roughly $575/month — and ten companies runs about $1,150/month — before payroll or add-ons. EmLedger replaces that per-company math with tier pricing: one Growth plan covers up to 15 entities for $129/month, so your bill stops climbing every time you register a new entity. The savings widen as you grow — at ten companies, EmLedger's Growth plan costs about 89% less than ten QuickBooks Plus subscriptions.

Price is only half the story. QuickBooks Online keeps each company in a separate file, so seeing the whole picture means logging in and out of accounts and rebuilding combined numbers in a spreadsheet. EmLedger keeps every entity under one login, switches between them in a click, and produces a consolidated P&L, Balance Sheet, and Cash Flow across all of them. Inter-company transactions and their eliminations are tracked automatically instead of reconciled by hand — the work most multi-entity teams currently do in Excel.

Switching from QuickBooks Online is a guided import, not a rebuild. EmLedger brings over your chart of accounts, customers, vendors, and historical transactions, and the migration team helps map several QuickBooks files into separate EmLedger entities when you're consolidating. Most moves take one to three days depending on entity count and history, and EmLedger keeps the features you rely on — invoicing, bills, bank reconciliation, inventory, fixed assets, budgeting, and 1099 tracking — so day-to-day bookkeeping feels familiar from the first login.

Features

What QuickBooks can't do

EmLedger has everything QuickBooks has, plus multi-entity capabilities QuickBooks lacks entirely.

EmLedger only

  • Multi-entity management from one login
  • One-click entity switching
  • Consolidated P&L across entities
  • Consolidated Balance Sheet
  • Inter-company transaction tracking
  • Automatic inter-company eliminations
  • Entity-level permissions
  • Cross-entity comparison reports

Both have

  • Invoicing & accounts receivable
  • Bills & accounts payable
  • Bank reconciliation & feeds
  • Inventory management
  • Financial reporting (P&L, Balance Sheet)
  • Budgeting & forecasting
  • Fixed asset tracking
  • 1099 tracking
Why switch

3 reasons to switch from QuickBooks

Save Up to 92%

Stop paying $115/month per company. EmLedger's tier-based pricing means dramatic savings as your entity count grows.

Consolidated View

See all your companies in one dashboard. Consolidated financials with one click instead of exporting to Excel.

One Login

No more logging in and out of separate QuickBooks accounts. Switch between entities in one click.

FAQ

Switching from QuickBooks: questions

Why switch from QuickBooks to EmLedger?
If you manage multiple companies, QuickBooks charges you per company. 10 companies on QuickBooks Plus costs $1,150/month. EmLedger's Growth plan covers up to 15 entities for $129/month - an 89% savings. Plus, EmLedger has built-in consolidated reporting, entity switching, and inter-company transaction tracking that QuickBooks lacks entirely.
Does EmLedger have the same features as QuickBooks?
EmLedger includes 140+ features covering everything QuickBooks offers: invoicing, bills, bank reconciliation, inventory, reporting, budgeting, fixed assets, and more. The key additions are multi-entity management, consolidated reporting, inter-company transactions, and entity-level permissions - features QuickBooks doesn't offer.
Can I migrate my data from QuickBooks?
Yes. EmLedger provides migration tools for importing your chart of accounts, customers, vendors, and historical transactions from QuickBooks Online. Our team can assist with complex migrations involving multiple QuickBooks accounts being consolidated into EmLedger entities.
Is QuickBooks better for a single company?
For a single company with no plans to add more, QuickBooks is a mature option. However, EmLedger's Solo plan at $49/month covers 1-3 entities with all 140+ features, making it competitive even for single-entity use. And you're ready to scale when you add more companies.
Does EmLedger support QuickBooks Desktop or Online?
EmLedger is a cloud-based platform that replaces QuickBooks Online. If you're currently on QuickBooks Desktop, migrating to EmLedger modernizes your workflow with real-time bank feeds, cloud access, and multi-entity management.
How long does migration from QuickBooks take?
A typical migration takes 1-3 days depending on the number of entities and transaction history. Simple migrations with a few entities can be done in hours. Complex migrations with dozens of QuickBooks accounts may take up to a week with our migration support team.
Can you run multiple companies in one QuickBooks account?
Not really. QuickBooks Online ties one company file to one subscription, so each business you run needs its own login and its own monthly fee. There's no shared dashboard and no combined reporting across files. EmLedger was built the opposite way: every entity lives under a single account, you switch between them in one click, and consolidated financials are generated across all of them — without paying per company.
Is there a QuickBooks alternative for multiple LLCs?
Yes. EmLedger is a QuickBooks alternative designed specifically for people managing several LLCs, subsidiaries, or client books. Instead of a separate QuickBooks subscription per LLC, EmLedger's Solo plan covers up to 3 entities for $49/month and Growth covers up to 15 for $129/month. Each LLC keeps fully separate books with its own chart of accounts, while you manage and consolidate them all from one login.
Does QuickBooks do consolidated reporting across companies?
QuickBooks Online doesn't produce true consolidated statements across separate company files on its own — you typically export each file and combine the numbers in a spreadsheet, or buy a third-party consolidation tool. EmLedger includes consolidated P&L, Balance Sheet, and Cash Flow across all your entities natively, with automatic inter-company eliminations, so the combined view is one click rather than a monthly Excel exercise.
What's the best QuickBooks alternative for multi-entity accounting?
For multi-entity accounting, the best QuickBooks alternative is one that prices by tier instead of per company and includes consolidation out of the box. EmLedger covers up to 15 entities for $129/month with one-click entity switching, consolidated reporting, inter-company tracking, and 140+ accounting features — the multi-entity capabilities QuickBooks Online lacks. For a single company with no plans to grow, QuickBooks remains a mature option.
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