QuickBooks is accounting software that has been established by Intuit. If you talk about this accounting software, you can view 3 products from there such as QuickBooks Desktop Premier, QuickBooks Desktop Enterprise, and QuickBooks Desktop Pro. QuickBooks Desktop Pro is suitable for small and medium-sized enterprises, but QuickBooks Desktop Premier is excellent for medium-sized companies. The third product has proven to be a suitable choice for QuickBooks Desktop Enterprise. Each version of this accounting software provides users access to many features as well as accounting tools. Due to its complex accounting and robust features, multiple organizations that are already using QBO are opting to Convert QuickBooks Online to Desktop service to meet their complex accounting needs.
But, being a business owner, you are wondering which software should be purchased for your company? To know both in detail, we are here to compare QuickBooks Online Vs Desktop based on all the aspects related to the software in the given blog.
QuickBooks Online Vs Desktop
Number of Users
The number of users can access QuickBooks Online at the same time. Whereas QuickBooks Desktop can be used by one person at a time. You are allowed to create a separate account for another person to use QuickBooks Desktop.
QuickBooks Online allows you to run all the features during the trial. You don’t need to install software to use any features.
On the other hand, you need to install QuickBooks Desktop on the PC to avail of the features and functionalities of this software.
You can use QuickBooks Online from your tablet or phone by integrating it with your accounting functions. With the online version, you are allowed to reconcile your bank statement and access payroll by just having an internet connection. On the other hand, no such feature can be availed of in the QuickBooks Desktop. As cloud access is available for the Desktop version via other vendors, it applies some additional costs and needs IT expertise.
If you are interested to work 24*7 without dealing with backup or transfer files, QuickBooks Hosting will be an excellent option. Since you can remotely access this software on their Microsoft Azure VDI at any time. More than 25 users can use this software at the exact time. Whereas the QuickBooks Desktop version requires IT costs and licensing fees for the remote access feature.
This software allows software updates in real-time which indicates you have to install the updates as they are released. Whereas, In the case of QuickBooks Desktop you can only install the software updates when they are out in the market.
You will be able to track the product sold by your firm in QuickBooks. QuickBooks will automatically track and update this for you once you entered the transaction.
In QuickBooks Desktop, you will get two techniques to track inventory, the first one is the average cost and the second one is first in first out (FIFO). However, In QuickBooks Online, you can only track inventory using the FIFO technique.
Well, picking a side on QuickBooks online Vs Desktop reviews depends on your budget and your business activities. Apps4Rent provides services for thousands of consumers. We also have expertise in the Zimbra to Office 365 Migration into business processes. We work with businesses from many different industries. These organizations range from small to big-sized businesses across the United States.