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Quickbooks Online vs Desktop: Which Is Best in 2024?

Moreover, the benefits of QuickBooks Desktop can be amplified when hosted on the cloud by a reliable partner, combining the extensive features of the Desktop version with the accessibility of Online. QuickBooks Online excels at security due to automatic data backups, encryption, and regular security audits. However, QuickBooks Desktop relies on users to implement security measures and perform regular data backups. We have been working diligently with our IT provider, Solution Builders, to identify and test possible workarounds. This forum on Intuit’s QuickBooks Support webpage show just how big an effect these issues are having. We’ll be posting a Tips & Trick blog shortly with some of the more common fixes.

Unless you’re an accountant, the learning curve will likely be a little higher for you than it would with QuickBooks Online. For instance, if you choose the Simple Start plan, you’re the only person who can use the software—apart from your accountant, with whom you can share your business’s account at no additional cost. We also don’t recommend QuickBooks Desktop to Mac users, since there’s just one desktop-based plan for Mac users. This plan, QuickBooks Desktop for Mac, has the same features as QuickBooks Desktop Pro Plus, the most basic desktop-based plan.

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. Whether you’re thinking about converting to QuickBooks Online or switching from QuickBooks Desktop to QuickBooks Online, your first step should be to take a long look at both applications. When you do, you’ll notice the difference immediately as QuickBooks Online offers a streamlined user interface, while QuickBooks Desktop relies on a flow-chart based interface. While both provide easy access to a variety of features and functions, only you can decide which one will work best for you. QuickBooks Online and QuickBooks Desktop are both excellent small business accounting software applications, both offering complete double-entry accounting as well as automatic processing of closing entries.

  1. Head to our detailed QuickBooks Payroll review to see if it fits the bill.
  2. If you made a one-time software purchase of QuickBooks Desktop, support for the 2021 edition will end in May 2024.
  3. Beyond those, two other reasons for adoption reticence is likely the inconvenience of changing to and learning a new program.”
  4. Once installed, your accounting data will only be accessible on one of these devices, making it difficult to work on the go.

Several of our clients have dealt with these issues to the point of it affecting their ability to run their business. QuickBooks Desktop versions are available through digital download or as products shipped from QuickBooks or other retail merchants. Also budget for integrated add-on third-party apps, including AP automation software.

Pricing for QuickBooks Time

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. We went to user review websites to read first-hand reviews from actual software users. This user review score helps us give more credit to software products that deliver a consistent service to their customers. Ease of use gets the highest weight in this case study because we want to give more credit to easy accounting software. For this section, we considered customer service, support network, and a subjective expert opinion score.

Yes, you can migrate your data from QuickBooks Desktop to QuickBooks Online. Intuit provides conversion tools and services to facilitate the transition. However, it’s recommended to consult the migration guide and backup your data before proceeding with the switch. It’s best to choose one based on your needs, but some businesses use both for specific purposes or workflows.

Which QuickBooks product is best for your business model?

Or, to save money, you can try QuickBooks’ typical offer of 50% off for three months (though choosing the discount waives your free trial). If you’re looking for more from your subscription—like productivity on the go, collaboration with your team, and access on multiple devices (PC, Mac, and mobile)—QuickBooks Online may work better for you. QuickBooks Online is cheaper than QuickBooks Desktop if you need multiple users. For instance, QuickBooks Online Plus only costs $90 per month ($1,080 per year) for up to five users as opposed to Desktop’s Premier, which costs $1,999 per year for five users. QuickBooks Online is generally easier to use than QuickBooks Desktop as it has a more streamlined user interface.

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

QuickBooks Online has been part of the Intuit accounting software family for a few decades now. Since QuickBooks Online is browser-based, not desktop-based, you can log on to your Quickbooks Online account from any web-enabled device with a sturdy internet connection. Every business is unique, and there may be instances where QuickBooks Desktop may be a better fit. For example, https://quickbooks-payroll.org/ it may be more suitable for businesses with complex inventory management needs or those wanting offline access to their financial data. However, QuickBooks Online is the better choice for most companies, especially those with remote accountants and multiple employees. QuickBooks Desktop is preferable for companies wanting to manage their books without an internet connection.

Industry-specific reports

No need to worry if you skip one; you can always go back and add it at a later date. Both QuickBooks Online and QuickBooks Desktop applications offer a good selection of features, though QuickBooks Desktop features tend to be more comprehensive. Katherine Haan, MBA is a former financial advisor-turned-writer and business coach. When she’s not trying out the latest tech or travel blogging with her family, you can find her curling up with a good novel. Another notable difference is QuickBooks Online offers a Self-Employed version for $15 per month, which is not available with QuickBooks Desktop. Learn more about the time tracking capabilities in our full review of QuickBooks 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 online version will soon be the only available version, and it’s used by hundreds of thousands of American businesses. To find out what we thought about it, please check out our review of QuickBooks Online 2024. Launched in 1983, it was originally aimed at individuals looking to manage their money better. If you made a one-time software purchase of QuickBooks Desktop, support for the 2021 edition will end in May 2024.

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. QuickBooks Online supports a variety of browsers including Google Chrome, Mozilla Firefox, Microsoft Edge, as well as Safari 11 or later for Mac. The application also offers a mobile app that works with both iOS and Android devices.

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. Both QuickBooks Online and QuickBooks Desktop users can apply for optional QuickBooks Payments processing by Intuit Merchant Services. IMS charges transaction fees and other fees for accepting customer credit card, debit card, online invoice, and ACH payments. The sellers receive customer payments in their designated merchant bank account.

QuickBooks Premier also has a payroll add-on, or you can purchase the QuickBooks Premier + Payroll annual plan. QuickBooks Enterprise Gold and Platinum plans include Enhanced Payroll, while Enterprise Diamond includes Assisted 9 features of quickbooks enterprise for retail businesses Payroll. With QuickBooks Desktop, you can set recurring invoices, send payment reminders, send batch invoices, and track invoices, but you’ll miss out on many of the other modern, cloud-based automations that QBO provides.

Both QuickBooks Online and QuickBooks Desktop are capable programs with strong accounting features. Many users also complain that QuickBooks Online doesn’t compare to QuickBooks Pro in terms of features and quality. However, the majority of reviews are positive, with QuickBooks Online receiving 4.3/5 stars (based on 6,200+ reviews) on Software Advice and 4/5 stars (based on 3,100+ reviews) on G2. Granted, you don’t have to be an accountant to learn QuickBooks Desktop either, but if you are new to accounting, you will need a lot of time to learn the program. QuickBooks Pro is geared toward small to medium businesses and starts at $41/month for a single user.