Benefits of QuickBooks Online vs. Desktop

Considering making the change to QuickBooks Online?

It’s a big step, but a very beneficial one if you’re looking for ways to improve your processes.

In this post, we’ll uncover the benefits of QuickBooks Online vs. Desktop to help you determine if which is the right fit for you.

QuickBooks Online can be Accessed Anywhere

The main difference between QuickBooks online and QuickBooks for a desktop is accessibility. QuickBooks online is accessible anywhere you have access to the internet—whether you are in the office, at home, or traveling. QuickBooks (QB) software for a desktop on the other hand requires you to be at the computer it is installed on to use it.

Internet Connection.

One fault to using an internet-based software is that you will need a connection to the internet to use it. This is the case for QuickBooks Online. This will be one area you need to balance out as internet connectivity is less of an issue now, but it can still happen.

Monthly Fees vs One Cost.

QB online requires less of an investment to get off the ground and running, however it will have a monthly fee associated with it. On the other hand, the QB desktop version will cost more to purchase upfront, but will have minimal fees if you don’t need the latest version. If you do need that latest version though, it may save your organization to opt for QB Online.

Updating QuickBooks Desktop.

With an installed version of QB, you will have to update your QuickBooks if you want to stay up to date with the most recent features. This will be required if you use any of the QB connceted services as they will require you keep within the 3-year window of support versions. With QuickBooks Online there is no need to update your application. This means you don’t have to deal with an interruption or the lack of customer service for an outdated version.

Business Doesn’t Stop When you Travel

Traveling shouldn’t put a damper on your accounitng and payroll activities. With QuickBooks online, you can perform your accounting and payroll activities anywhere you have internet access. This is ideal for business owners who travel frequently.

QuickBooks Customer Service

When it comes to customer service, Online QuickBooks wins the comparison. You will get much better service as a subscriber of the online service and your software will never become obsolete.

Which Version of QuickBooks Should I Get?

Determining which QuickBooks is a better fit for you and your business depends on what you need to get out of the program. Do you work remotely on a regular basis? Online is probably a better fit for you. Do you need a lot of technical support dealing with complicated tracking? Online will offer you that support.

The complexity of your business as well as your need to be mobile will have the biggest impact on deciding which service will benefit you the most, so speaking with a professional trained in QuickBooks can help you make the decision with confidence. At CFO Source, we are experts in QuickBooks and would love to help you decide what the best fit is for your small business. Give us a call today to discuss your specific situation!