QuickBooks Online vs Desktop: Which Is Right for You in 2024?

qbo vs desktop

While QuickBooks Online does offer security features like multi-factor authorization and encrypted data storage, it’s accessible by anyone with employee login credentials and an internet connection. QuickBooks Desktop has a more dated user interface than some cloud-based products and requires prior accounting knowledge to get the most out of the product. 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. QuickBooks Desktop is preferable for companies wanting to manage their books without an internet connection. It’s also the better option for businesses requiring complex inventory accounting features.

QuickBooks Online Reviews

I’ve deduced that it comes down to a stubborn user base—one that refuses to let go of QuickBooks Desktop in favor of its cloud-based successor. Granted, most people agree QuickBooks Online is the better option, but the old-timer is still somehow in the running. Offers four plans to accommodate a range of businesses with different needs; each plan limits the number of users, though. QuickBooks Online is cheaper than QuickBooks Desktop if you need multiple users.

  1. In contrast, QuickBooks Desktop offers hardly any payment gateways, making it difficult for the modern merchant to accept online invoice payments easily.
  2. Both QuickBooks Online and QuickBooks Desktop are designed to handle small business’s bandwidth and needs.
  3. You should also consider budget constraints before choosing, as QuickBooks Online provides more plans and more diverse pricing options, while QuickBooks Desktop can be more expensive.
  4. Users must have easy access to customer service channels in case of problems, questions, or assistance.

Online Plus and Payroll Premium Bundle

On the other hand, QuickBooks Enterprise involves a more complex setup due to its extensive feature set designed for larger businesses. You need to properly install and set up the software, which often requires IT support for proper configuration. Meanwhile, QuickBooks Desktop has two payroll options with prices that start at $50 per month plus $6 per employee. If you can file taxes confidently on your own, Enhanced Payroll might be suitable.

Each Desktop plan comes with one user; additional licenses cost extra. Small to midsize businesses that want a desktop solution or need advanced inventory and industry-specific features. Meanwhile, QuickBooks Online provides some customization options for businesses, but they’re not as extensive as those in Enterprise.

qbo vs desktop

QuickBooks Online is faster, lighter, and uses less processing power than QuickBooks Desktop

Both QuickBooks Online and QuickBooks Pro offer a good number of helpful integrations and add-on products. However, QuickBooks Online offers over 750 integrations to QuickBooks Pro’s 260+ integrations. In the battle between QuickBooks Online and Desktop, it’s best to focus on the differences between the two accounting software options since they are so similar. I find myself leaning toward the futuristic solution, which makes QuickBooks Online my preferred choice of accounting software (my Ralph Macchio). Plus, it’s the only one that integrates with Zapier, enabling you to seamlessly link your accounting management to the rest of your business’s tools. QuickBooks Online is simply easier to learn, provides a detailed onboarding process, and is very intuitive.

While both QuickBooks Online and Desktop are supported by a large network of independent ProAdvisors, it’s much easier to share your books with your ProAdvisor using QuickBooks Online. Getting assistance with your Desktop bookkeeping is difficult since you must save an Accountant’s Copy of your company file and send it to your ProAdvisor. Do you value the ability to work from anywhere, appreciate integrated apps (like QuickBooks Payroll), and enjoy the convenience of automatic updates that QBO provides? If so, switching is worth considering, especially if you use a remote accountant.

Existing QuickBooks Desktop Pro, Premier, Mac, or Enhanced Payroll users will not be impacted. Security updates and product updates will still be released for all users who purchase a QuickBooks Desktop Plus or QuickBooks Desktop Payroll subscription before the cutoff date. We believe everyone should be able to make financial decisions with confidence. Businesses with inventory items should choose accounting software that can track inventory costs, manage cost of goods sold (COGS), and monitor inventory units. The A/P section focuses on vendor management, bill management, bill payments, and other payable-related transactions. A/P features include creating vendors and bills, cr what does cr stand for the free dictionary recording purchase orders and converting them to bills, creating service items, and recording full or partial bill payments.

Access your account via the cloud for up to 25 users with the Online version, and pay an additional fee per user, up to 40 users, for cloud access with Desktop. What used to be a huge bulk of QuickBooks business is no longer so—it focuses mostly on its cloud version and actively encourages users to make the switch from Desktop to Online. This may signal future abandonment of its Desktop version as more people move to the cloud. If you make the switch from Desktop to Online, you can import your data and access your original company file at any time. QuickBooks is a suite of accounting software developed and marketed by Intuit, designed for small and medium-sized businesses to handle their financial management and automate accounting operations. It provides features that cater to invoicing, expense tracking, payroll management, and tax preparation.