If you arrived here, you’re probably wondering what the most sought-after QuickBooks desktop features are and how they stack up against the online version.
With QuickBooks desktop set to be phased out soon, many companies are wondering if they will still have access to the QuickBooks desktop features they like if they move onto the cloud. Here’s what you need to know.
QuickBooks is a full-featured accounting package. QuickBooks desktop features include invoicing, inventory, quotes, receipt management and more.
The main benefit of QuickBooks desktop is that you don’t need an internet connection to access your accounting system. However, QuickBooks desktop features fall short of the online version, and it’s being phased out fairly soon.
QuickBooks Online is an entirely cloud-based accounting package, which means your data “lives” on the QuickBooks server (although you can download it.) One of the biggest QuickBooks desktop features is that it’s loaded onto a local computer or network – so you don’t need to go online to access any data.
A QuickBooks desktop offer is usually something an online retailer will offer you to purchase the software from their store. However, since Intuit is phasing out the desktop version, even if you love QuickBooks desktop features, now is not a good time to buy!
Generally speaking, QuickBooks is one of, if not the best, accounting packages for small and medium-sized businesses. However, even though there are many great QuickBooks desktop features and even more online, there are some limitations.
One is that you have limited users who can access the system at one time. The total file size is also limited, and the security might not be as robust as some other systems. So you will need to take extra care to secure your network and limit user access carefully.
Invoicing and reporting options are not as robust as enterprise-level options, and the desktop version does not offer integration with many applications. However, the online version does fix that!
Technically, you can have multiple companies on QuickBooks desktop, and it’s one of the QuickBooks desktop features that many business owners like. However, the integration and user interface for multiple companies is not smooth or streamlined, so you might find it’s not very user-friendly.