QuickBooks Online vs Desktop: A Quick Feature Comparison
For any successful business, managing and monitoring the company's finances is the top priority. Thus, any carelessness in handling the company's data could lead to issues tracking costs, earnings, and other commercial activities.
In light of this, it is crucial for business owners to invest in the right accounting software. Intuit has released advanced accounting software QuickBooks for better financial management, but it comes in primary versions: Online and Desktop. Wondering which one to choose? This extensive guide covers the comparison between QuickBooks Online and Desktop. Read this guide until the end.
Are you confused about which version is better, Online or Desktop, and don’t know which one to choose? Dial +1-877-750-0672 to connect with professionals and determine which version suits your business.
An Overview on QuickBooks Desktop
Enjoy everything in one place with QuickBooks Desktop —accounting, inventory management, reporting, pricing rules, job costing, payroll, and reporting and get the benefits of cloud hosting services.
QuickBooks Desktop is an advanced accounting software by Intuit that is locally installed and is accessible via the computer where it’s installed. Three versions of the Desktop version are available: Pro, Premier, and Enterprise. Depending on the subscription, some features are not available in Pro & Premier, but for advanced accounting management, consider getting the QuickBooks Desktop Enterprise, such as Multi-level inventory categorization, automated builds, POs, landed costs, Order management and more.
The Pro & Premier versions are more suitable for small businesses, and the Desktop is for enterprises and businesses running on a larger scale. Get hands on advanced features such as Inventory management, reporting even data entry with QuickBooks Desktop.
Explore the QuickBooks Online Features
Access from anywhere using any device and enjoy peace of mind with QuickBooks Online.
QuickBooks Online is a web version which can be easily accessed from anywhere using any device and lets you manage more than one company altogether. You, your accountant or other team member can log into QuickBooks Online from any web browser, giving you an access to information on the go. This online services makes the business management more convenient and easier.
QuickBooks Online is also available in multiple versions with different subscription fee that allows you a limited access to certain features and getting the higher version lets you enjoy the entire business management at one place.
Enjoy unlimited time tracking, reports-only users, transaction scheduling and more QuickBooks Online.
QuickBooks Online vs. Desktop Comparison
Here’s a quick feature comparison between the QuickBooks Online vs. Desktop versions:
*$299/year per additional user
Hosting
• QuickBooks Desktop: QuickBooks Desktop is hosted locally and has limited user access. The computer on which the software is installed and a handful of licensed computers. Installing QuickBooks on the server computer is necessary to use it on other computers.
• QuickBooks Online: QuickBooks Online is hosted in the cloud. After entering a valid username and password, you can access it from any Internet-connected device, including a mobile device with the QuickBooks Online app installed. Since QuickBooks Online is cloud-based, it's a great option for those who need QuickBooks access from outside the office.
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Payment Model
• QuickBooks Desktop: Previously, desktop QuickBooks products came in a CD packaging and were sold for a one-time fee. These days, QuickBooks Desktop packages may only be downloaded via the internet and are only accessible with an annual subscription.
• QuickBooks Online: QuickBooks Online is a subscription service that runs on a monthly basis. The service tier you select affects the cost.
Know Which QuickBooks Version Suits You Best
In this section, we will discover both versions for which businesses it suits and who should get the Desktop and the Online version.
Still confused about which version to use? Here’s the bottom line:
Who Should Get with QuickBooks Desktop?
Need more stability and better control with a convenience application manage your data – QuickBooks Desktop is a best solution.
Opt for QuickBooks Desktop if:
• You prefer working offline without needing the constant internet access and are more comfortable with the desktop based application.
• You are not comfortable with the monthly subscription but want to get the software with a one-time annual fee.
Choose QuickBooks Online If?
Want to get the real-time collaboration and better accessibility to their accounting data? QuickBooks suits you well. Also, here’s an overview why opt for the Online version.
Go with the Online version of QuickBooks if:
• You have larger team
• You prefer cloud-based accounting for an easy access
• You want to enjoy the automated features like bank feeds, mobile invoicing and real-time collaboration.
• You want to avail the advanced features such as monthly payments and more affordable options.
Important Note: QuickBooks Online becomes the primary focus of Intuit and working on improving the software. The version is already trusted by hundred of American businesses. Read this QuickBooks Online review for a detailed overview of this platform's features, tools, integrations, and more.
Summary
QuickBooks by Intuit is a comprehensive solution for all of your accounting needs. The software comes in to versions; Desktop and Online offering different features and lets you mange the business with different solution. This guide has covered a quick QuickBooks Online vs Desktop comparison on both the versions and for which businesses is this suitable for. Need more assistance or professionals help to make a decision, dial +1-877-750-0672 to connect with experts and know which one suits you well.
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