If you have a growing business that uses multiple devices and are trying to make the choice between QuickBooks Online and a desktop solution let us stop you here – QuickBooks online is the better solution under the described circumstances. And while one might argue that they each have their advantages and disadvantages – and they do – if you desire to access your data 24/7/365 there is no contest. Here are some of the main differences between the two solutions.
The main advantage to QuickBooks online is that since it uses cloud hosting services you do not have to download any software. You can access it from any computer in the world using an Internet browser. This allows members of your organization to more easily collaborate with each other on projects. As long as you have an active Internet connection you and your staff will be able to use its many features. Speaking of features, QuickBooks online offers these exclusive features over desktop accounting software.
- The ability to automatically schedule and send transactions
- The ability to attach documents, images, signatures & more to transactions using mobile device, or upload on your computer
- The ability to use Audit Log to review actions and track changes over time
- The ability to track by Location in addition to (or instead of!) by Class and choose from multiple location labels
One advantage that many people claim desktop solutions offer over online accounting software is that of cost. And while there is a onetime cost for buying and installing desktop software, upgrades are needed that could cost more not to mention the price to purchase additional features. For example, you will need to create a backup plan with QuickBooks Desktop which could cost an annual fee of up to $299.95. (This includes unlimited support.) So while it may seem that QuickBooks Desktop is more cost efficient than QuickBooks online hosting or ACT! monthly hosting, it is not in the long run. QuickBooks online hosting offers much more flexibility than desktop solutions. Finally, QuickBooks online hosting lessens the chance that your data will be breached than does desktop solutions. In the event of a fire or other danger to your computers, data can be lost if your information is stored on your local network. For all these reasons and more, QuickBooks online hosting with our company makes since. We also have superlative customer support that is free with our service.