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Quickbooks desktop vs online |
The Difference Between QuickBooks Online and Desktop - Fourlane
Quickbooks desktop vs online
QuickBooks Desktop is designed for small to mid-size businesses that are looking for the reliability of a desktop software solution. QuickBooks Desktop is also a good fit for niche businesses such as nonprofit organizations, retailers, and general contractors looking for a more industry-specific solution.
During the setup process, you can choose the features and functions that you will likely be using in QuickBooks Online. No need to worry if you skip one; you can always go back and add it at a later date.
Image source: Author. Some of the features found in QuickBooks Online include easy online banking connectivity, which will match bank and credit card transactions with expenses automatically, drastically reducing the amount of journal entries necessary. Other features include:. QuickBooks Desktop features are better developed than comparable features found on QuickBooks Online. Though not web-based, QuickBooks Desktop can be hosted online for more convenient access if desired.
Like the online version, QuickBooks Desktop features are also somewhat plan-driven, with the more expensive plans offering the best selection of features.
QuickBooks Desktop also offers automatic bank feeds so you can connect and download transactions daily. Other features found in QuickBooks Desktop include:. The Inventory setup feature allows you to add product cost and create a reorder point.
QuickBooks Desktop also offers easy integration with QuickBooks Payments so you can accept online payments from customers. QuickBooks Desktop wins. While the features are similar, QuickBooks Desktop offers more functionality, such as the ability to run checks to pay bills and more in-depth customer and vendor management capability. Support options are fairly similar for both QuickBooks Online and QuickBooks Desktop, with the more expensive plans offering better support options.
QuickBooks Online includes numerous learning and support resources. A variety of short video tutorials are available as well as on-demand webinars and training classes. One of the best resources is the QuickBooks Online community, where you can connect with other users to share tips, answer questions, and find answers to problems that may arise.
Product support can be accessed directly from within the application, where you can ask a question or connect to support personnel. QuickBooks Desktop offers the same support options found in QuickBooks Online including video tutorials, on-demand webinars, and various training options. Both applications also include an easy setup process, so you can be up and running in little time. Ease of use is one of the most important things to consider when shopping for software.
Neither QuickBooks Online or QuickBooks Desktop are difficult to use, although they offer very different user experiences.
The application also offers a mobile app that works with both iOS and Android devices. While the dashboard is a bit cluttered, you can easily customize it to only display the information you wish. Those interested in trying out QuickBooks Online can access a free day demo with sample data that allows you to easily explore system features and functions without spending a lot of time entering data. To expedite product setup, you can choose to use the default chart of accounts that is included in the application.
You also have the option to import products and services into the application to avoid having to re-enter the data. QuickBooks Desktop uses navigation centers that make it easy to find the features you need. Users can access features via the vertical menu to the left of the screen or by using the drop-down menu bar at the top, and the My Shortcuts option allows you to add a shortcut to frequently used features.
If the default screen is too crowded for your taste, you can hide the vertical menu, only displaying it when you wish. Features are plan-dependent, so be sure to check the features you want are included in the plan you subscribe to.
Plan options offered include:. As an added convenience, if you outgrow your current edition of QuickBooks Online, upgrade to a more powerful plan in minutes. QuickBooks Desktop pricing varies, depending on the plan you choose. All pricing is based on an annual fee, making it more affordable than QuickBooks Online. QuickBooks Desktop offers annual pricing, making it a more affordable option.
Keep in mind that if you do decide to have QuickBooks Desktop hosted, there will be an additional fee. QuickBooks Desktop wins this category, with pricing coming in much lower than its online counterpart.
Below is a chart with annual costs for each application. Depending on your business, the ability to integrate with other applications may be convenient, while for others, it can be a necessity.
This is one area where the two products vary widely. You can easily connect to any third-party app from within the application, saving you a ton of time in the process. QuickBooks Desktop offers good integration options, integrating with more than third party applications, making it one of the better integrated desktop application options. QuickBooks Online easily wins this one. It offers more integrations, as well as a much smoother integration process that allows you to access third party apps directly within QuickBooks Online without the need to sync applications or import data.
Reporting options are good in both applications, though only one of the applications offers industry-specific reporting options. All QuickBooks Online plans include good reporting options, with the Advanced plan offering the most comprehensive reporting options, including key financial metrics such as revenue and cash flow.
QuickBooks Online Reports option displays a list of all available reports. Users can simply click on the Reports option to access reports in a variety of categories including Favorites, Business Overview, Expenses and Vendors, Employees, and Sales Tax reports, along with several others. All reports can be exported to Microsoft Excel for customizing, viewing on screen, printing, or emailing directly to recipients.
QuickBooks Desktop Report Center displays an image of all available reports. In addition, the Premier and Enterprise plans offer more than reports, with industry-specific reporting options available.
The Report Center offers easy report processing, with a series of icons displayed below each report image that allows you to mark the report as a favorite for easier future access, view additional information about the report, and even request report-specific help. QuickBooks Desktop wins this, offering more reporting options as well as industry-specific reports and forecasting options not offered in QuickBooks Online. By Cassandra R Thompson. March 17, Recent Articles. Top Stories June 19, News June 19, Net Worth June 19, Related Stories.
Cassandra R Thompson - May 30, Jane Mathis - May 27, Cassandra R Thompson - May 26, Privacy Policy. Go to mobile version. Here are some additional reasons why using the QuickBooks Desktop may be more beneficial to your company:.
Even though QuickBooks Online is user-friendly, there are a few challenges that customers may encounter:. QuickBooks Desktop was created to allow you to wait until the end of the month to create reports to see how your business fared. However, when your company grows and expands, the old methods of keeping a finger on the pulse of your organization become obsolete. Other places where QuickBooks Desktop falls short include:. Ultimately, the size, use case, budget, and requirements of your company will be the decisive factors.
Regardless of the option you pick, this comprehensive article will assist you in making an informed decision throughout your search for the ideal accounting software. This article provided a brief introduction to QuickBooks. More specifically it discussed the key differences between QuickBooks Online vs Desktop.
Many critical differentiators were explored to help you with QuickBooks Online vs Desktop decision. However, extracting complex data from a diverse set of data sources like CRMs, Project management Tools, Streaming Services, Marketing Platforms can be quite challenging. This is where a simpler alternative like Hevo can save your day! Hevo is fully automated and hence does not require you to code.
You can also have a look at the unbeatable pricing that will help you choose the right plan for your business needs. Share your experience with QuickBooks Online vs Desktop in the comments section below!
Your email address will not be published. You may use these HTML tags and attributes:. Save my name, email, and website in this browser for the next time I comment. Skip to content. Its attractiveness among small firms is aided by a number of significant characteristics, including: Online Banking: When you link your bank account to QuickBooks Online, your bank transactions are instantly uploaded and categorized.
It gathers all of your information in one place and makes it accessible whenever you need it. The Accountant will review and verify all transactional information and bank statements, making the tax filing process straightforward and accurate.
Payments and Cash Flow Management: You may be paid faster by delivering an invoice or statement to your customer and allowing them to pay you with a credit card or a bank transfer using the QuickBooks Payment System. You can pay your bills online with Quickbooks. You can also download your monthly statement from a participating bank for increased convenience.
Support: QuickBooks Professionals will answer all of your queries and provide you with unlimited free assistance. To help you become a QuickBooks expert, QuickBooks offers seminars, videos, an online community, and other resources.
Minimal Learning : Hevo, with its simple and interactive UI, is extremely simple for new customers to work on and perform operations. Hevo Is Built To Scale : As the number of sources and the volume of your data grows, Hevo scales horizontally, handling millions of records per minute with very little latency.
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