QuickBooks’ cloud-based software allows your bookkeeper, accountant, or colleagues, to log in simultaneously and work directly with your data online.
Manage your finances
Manage your finances anywhere with your accounting data organized in the cloud with QuickBooks, you can track sales, create and send invoices, and know how your business is doing at any time.
QuickBooks uses advanced, industry-recognized security safeguards to keep all of your data protected. Best of all, your information is automatically backed up
There are two versions of QuickBooks First one is known as a “Desktop QuickBooks” which is operated through computer without having an internet. Some features of Desktop QuickBooks are given below.
Bank-level security and ongoing IT maintenance keep your business running smoothly.
Scale up or down, add users and access from multiple locations.
No new training required—just upload your data and go.
Organize your business finances easily/span>
QuickBooks Online vs. Desktop Primary Feature Differences
The primary differences between QuickBooks Online and QuickBooks Desktop are:
Software Installation: QuickBooks Desktop requires you to download software onto your computer which also means that you are not able to access the program when you are not at your desk. QuickBooks Online does not require installation and can therefore be accessed anywhere with an internet connection (including your mobile phone).
Automatic online backup and protection: QuickBooks Online data is automatically backed up and secured by Intuit’s servers. QuickBooks Desktop data is not automatically backed up. You will need to create a backup plan and set it up on your own.
Access data from multiple platforms: QuickBooks Online data can be accessed from a PC and Mac. QuickBooks Desktop data is only accessible from a PC or Mac, depending on which version of QuickBooks you are using.
Access data from anywhere at anytime: QuickBooks Online data can be accessed by users in different locations at the same time – no reason to transfer files back and forth. QuickBooks Desktop data can be accessed by multiple users in different locations only with the purchase of hosting services.
Unlimited Free Technical Support: With QuickBooks Online, you can contact technical support as much as you like at no additional charge. QuickBooks Desktop support is free for the first 30 days after you install the software. After 30 days, you will have to purchase one of the support plan packages.
Automatic access to the latest version of QuickBooks: With QuickBooks Online, you have immediate access to the latest version of the software. QuickBooks Desktop requires that you purchase the latest version of the software to gain access to new product features.
30-Day Risk Free Trial: QuickBooks Online is available to try free for 30 days. You do not have to provide a credit card until the trial has expired and you decide to convert to a paid subscription. QuickBooks Desktop does not offer a free trial version of the software.
Sample company file Test Drive: This will give you access to a sample QuickBooks Online company file that already has QuickBooks data in it. You are able to navigate around the program and practice entering transactions. QuickBooks Desktop does not offer a test drive.
Multiple inventory tracking options: QuickBooks Online allows inventory tracking using the FIFO (First In First Out) method only. QuickBooks Desktop offers two options for tracking inventory: the average cost method or the FIFO method (FIFO method available when you purchase the Advanced Inventory add-on module.)
Batch invoicing: QuickBooks Desktop has batch invoicing capability. This feature allows you to invoice multiple customers at the same time. QuickBooks Online does not offer this feature.
Industry-specific versions available: QuickBooks Desktop offers industry-specific features for businesses that fall into one of the following industries: General Business, Contractor, Manufacturing & Wholesale, Professional Services, Retail & Nonprofit. QuickBooks Online does not offer industry-specific features.
Both QuickBooks Online and QuickBooks Desktop come with a 60-day money back guarantee.
In short this QuickBooks Desktop addition we can’t open any where until unless we should have QuickBooks Backup file. and Online QuickBooks Addition we can access through multiple advices anywhere through internet. So this is reason why most of the Business firms prefer QuickBooks online Addition. We will also discus thoroughly about the newly addition of latest Era Accounting Software “QuickBooks Online”.