You can (almost) always trust your local access, and QuickBooks Desktop reinforces that by keeping your accounting data on your local drive or network. QuickBooks Desktop can feel rigid and resistant to modification or integration—the same way Apple products and iOS felt rigid back when everyone had overheating, self-cooking Android phones. QuickBooks Desktop is a better fit for businesses that prefer to store their data locally and are less dependent on real-time updates or extensive collaboration.
- You can learn more in our guide to the industry-specific editions of QuickBooks Enterprise.
- Learn more about the time tracking capabilities in our full review of QuickBooks Time.
- Nothing matches the comprehensive opportunities available through QuickBooks Online.
- This approach essentially marries the robust functionality of QuickBooks Desktop with the accessibility of QuickBooks Online, providing businesses with a powerful, flexible solution.
- Here, we’ll detail everything you should know about the two versions, including their core functions, pricing tiers, hosting location, extra features and latest updates.
- The sales receipt can be created by clicking the +New button in the upper left-hand corner of the screen, followed by choosing the sales receipt under the header called Customers.
When you think of the most popular online accounting software, QuickBooks Online will always be in the conversation. Their easy-to-use web-based platform means you can access it from anywhere at any time. It also is routinely one of the least expensive solutions for a business looking for simple bookkeeping or accounting for their entire organization. Helping over 7 million customers around the world, at every https://intuit-payroll.org/ stage of business, from startup to scaling and ultimate growth, it’s focused on helping customers achieve prosperity. Accounting, payroll, payments, raising and managing capital, and even marketing — through Mailchimp — are all possible thanks to QuickBooks. It would be a shame to pass up an opportunity to improve and enhance operations, especially when it comes to something as complex and tricky as finances.
QuickBooks Online vs. QuickBooks Desktop: Reporting options
QuickBooks Desktop and QuickBooks Online are separate platforms that do not sync with each other. However, in addition to its mobile app, QuickBooks Online has a desktop app. Any info you enter into the QuickBooks Online desktop app will sync with your cloud-based QuickBooks platform if your computer is connected to the internet. The maximum amount of users you can have with a QuickBooks Online subscription is 25 (plus an accountant). If you need more users than that, you can contact QuickBooks Online’s customer support to see if you can create a custom plan with custom user access.
QuickBooks Online vs. QuickBooks Desktop at a glance
Read our article on what the QuickBooks Online Desktop app is to learn more. With QuickBooks Desktop, you must make an Accountant’s Copy of your data file and send it to your ProAdvisor. The copy will allow you to continue to work on transactions in the current period while your accountant makes adjustments to past periods. It’s an acceptable system but isn’t nearly as convenient as sharing your books through QuickBooks Online.
Doing so isn’t necessarily a complicated or a time-consuming process, but it does require more effort than having QuickBooks download your bank transactions automatically. Access to accountants is granted independently from your regular user limit in QBDT. However, QBO restricts access to up to two accountants or accounting firms. It is worth noticing that an accounting firm can add their team members, and this does not impact the user limit because it happens from within the firm’s access. When subscribing to a QuickBooks Online plan, you can elect to purchase add-on services and enhancements to better suit your needs, found at
Why QuickBooks Online is a better choice
QuickBooks migration is (hopefully) something you do once, and there is no benefit for you to spin your wheels for days trying to make this work. Non-Plus editions of QuickBooks Desktop put the responsibility of backing up files entirely on you. This can be accomplished in much the same way you’d back up other files. This is by saving them to other locations on your PC, other sorts of media (such as flash drives), or uploading them to the cloud (using apps like Dropbox or Drive). Once the initial setup has been completed, you’re wholly responsible for handling your books. However, if you still need help or simply want to outsource your bookkeeping to an expert, you can also find a bookkeeping professional in the ProAdvisor directory.
For example, it may be more suitable for businesses with complex inventory management needs or those wanting offline access to their financial data. However, QuickBooks Online is the better choice for most companies, especially those with remote accountants and multiple employees. Ease of use gets the highest weight in this case study because we want to give more credit to easy accounting software. For this section, we considered customer service, support network, and a subjective expert opinion score. Users must have easy access to customer service channels in case of problems, questions, or assistance.
One workaround for this is to purchase a subscription to your own backup and restore software. When it comes to user limits, the major difference between QBDT and QBO is in how access is granted to additional users. Fortunately, you can purchase access to additional license seats, which is a fancy term for additional users.
Doing so grants you access to the Priority Circle loyalty program, including a dedicated account team, free on-demand training, and premium care from QuickBooks experts. If you have employees, you can add QuickBooks Payroll to your QuickBooks Online account for as little as $45 per month plus $5 per employee. QuickBooks Payroll allows you to pay your employees by checks or direct deposits, e-file and e-pay taxes, print and e-file W-2 Forms at year-end, and more. Head to our detailed QuickBooks Payroll review to see if it fits the bill.
Before the launch of QuickBooks Desktop 2022, the QuickBook products were available as a one-time purchase. Now, Premier Plus and Enterprise packages are available on a subscription-basis only. If you’re a QuickBooks Online user who wants these Desktop features, many third-party apps offer them for an extra charge. Both QuickBooks Desktop and QuickBooks Online offer multiple service tiers that cater to different business needs, such as the number of employees who need to access the software. QuickBooks might encourage its users to switch from QuickBooks Desktop to Online, but it hasn’t issued any statements about discontinuing Desktop entirely.
Like its desktop counterpart, there are multiple editions of QuickBooks Online aimed at serving different purposes. Unlike QuickBooks Desktop, QBO is only available in a subscription-based format regardless of the edition you choose. Thanks to the cloud, you can also access QBO from the convenience of your smartphone or tablet. This means you can check in and manage your books from anywhere in the world, whether you’re relaxing on a beach in The Bahamas or enjoying a hot chocolate at a ski lodge.
There are two main versions of QuickBooks — QuickBooks Desktop and QuickBooks Online — and there are many differences between them. In particular, the QuickBooks Desktop platform, which is either installed locally or hosted remotely, offers different functions than the QuickBooks Online cloud computing version, which is fully remote. QuickBooks Online’s month-to-month subscription service starts at $30 a month (totaling $360 a year).
Even though QB Desktop has more comprehensive features in general, there are some key features that only QuickBooks Online has, such as bookkeeping support. In contrast, QuickBooks Desktop tends to have a steeper learning curve, offers fewer integrations, and has had its previous versions discontinued by QuickBooks. QuickBooks Enterprise offers both locally what is the journal entry for sale of services on credit installed and cloud-hosted offers, which is in contrast to having to pick one or the other via QuickBooks Online or QuickBooks Pro/Premier. Because it’s available online and from the web, you don’t have to worry about lengthy or frustrating software downloads and installations. No updates are required either, even though the software is always up-to-date.
It’s all online, so no software installations or frequent updates.
Because QuickBooks Online is cloud-based, it is a great option for those who need QuickBooks access while not in the office. This means that QuickBooks Desktop users are limited to one hosting provider — the computer on which the software is installed — or a handful of licensed computers. QuickBooks Online can be accessed from any internet-connected device, including a mobile device with the QuickBooks app installed, after you enter a valid username and password.
QuickBooks Online (QBO) is the cloud-based, online version of accounting software provided through a monthly subscription pricing plan. QuickBooks Online offers upgrade options and integrates with many add-on third-party apps to increase functionality. Personalized Setup is limited to a 1-hour session with a customer success product expert. Intuit reserves the right to limit the number of sessions and the length and scope of each session. Terms and conditions, features, support, pricing, and service options subject to change without notice. QuickBooks Enterprise includes all features of QuickBooks Pro/Premier as well as more advanced features than what is offered in QuickBooks Online.
However, businesses with ever-changing needs may prefer the freedom offered the applications offered within QuickBooks Online. Typically the features found within QuickBooks Online will be more basic or well-rounded, meaning it’s better suited for a wide range of businesses. Desktop versions of QuickBooks such as QuickBooks Enterprise have tools that have been developed for specific scenarios and industries over the years. QBE may lack the mobility of QBO, but it more than makes up for it with the comprehensive feature set it offers within it’s offering. You may or may not be able to find the missing tools within the QuickBooks app store. The closest comparison that can be made would be between QuickBooks Enterprise and QuickBooks Online Advanced.
And if data analysis is an important part of growing your business, QuickBooks Desktop is a solid pick. It includes 100+ reports, while QuickBooks Online Simple Start includes around 40. The Desktop Premier edition escalates to 150+ reports, including industry-specific reports for general contractors, manufacturers and wholesalers, nonprofits, and retailers. QuickBooks Online has been part of the Intuit accounting software family for a few decades now. Since QuickBooks Online is browser-based, not desktop-based, you can log on to your Quickbooks Online account from any web-enabled device with a sturdy internet connection. As a QuickBooks ProAdvisor, Mark has extensive knowledge of QuickBooks products, allowing him to create valuable content that educates businesses on maximizing the benefits of the software.