QuickBooks seems to be THE system everyone uses when keeping track of their business expenses, payroll, invoices, bank reconciliations, profit and loss reports and the like. However, which option would be the best for you and your business; QuickBooks desktop or QuickBooks online? What are the perks each one offers? Deciding which version you should choose is like dating, you look at what appeals to you and give it a go, that’s what free trials are for! Well you’re in luck my friends, we’ve got some specs for you all to check out about each.

Both the desktop and the online version offer pretty much the same things, but each version has their own strong points and discrepancies. Take a look at the pros and cons of the desktop version:

Pros

  • Prepare 1099s
  • Invoicing
  • Profit and loss reports
  • Ability for multiple users

Cons

  • Difficulty sharing files
  • Escalations with pricing
  • Retiring products after 3 years

We have found that even though the desktop version might be pricier, but it’s not as clunky as online and more user friendly. However, some people are super tech savvy and love the constant access to the online version. Now let’s take a look at what’s up with the online version and keep in mind that, unfortunately, all products have their pluses and minuses. What it comes down to is what fits your business needs the best.

Pros

  • Low monthly cost packages
  • Compatible for smartphones and iPads
  • Ability for multiple users
  • Accessible anywhere, anytime

Cons

  • Lack of coverage of product features compared to desktop
  • Server downtime caused by heavy internet traffic
  • Not as many graphs and reports
  • Support not as robust

Each product has its own bells and whistles, both of which should be researched further for the best idea of what suits your business. Sometimes, one product may have features that your business doesn’t need or lacks something integral that you do need.

Lastly, don’t let the product stress you out! If you have any questions or concerns, please feel free to contact me and we can talk over what’ll best work for you. AND we can help train you on what features you’ll be using to help make any transition as easy and seamless as possible! We can help with everything from set up to training to technical support if you make an error. Just give us a call!