No matter which version of QuickBooks Desktop you’re using, you can switch to QuickBooks Online quickly and seamlessly. With our online migration tool, you can move all your data or move only what’s key—like balances and specific lists. If you need help, we can migrate your data for you at no additional cost.
- If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work.
- Every step was prefaced with a tutorial, guiding me in setting up my company’s profile by prompting me to provide specific information.
- 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.
- 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.
- When you upgrade to Enterprise, QuickBooks Desktop’s most comprehensive plan, you’ll gain access to advanced inventory features, including barcode scanning and serial number tracking.
Enterprise Software Bundle
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. Another key difference between QuickBooks Online and Desktop is that the former allows you to track your activity, such as income and expenses, by class and location. This is useful for businesses with multiple departments or divisions and those that provide various types of services. Meanwhile, QuickBooks Desktop allows you to set up classes, but you can’t track your income and expenses baii plus bond valuation by location. Advanced Inventory is included in the Platinum and Diamond subscriptions only. Advanced Reporting is included in all QuickBooks Desktop Enterprise subscriptions.
Over 2.3 million Desktop customers have made the switch to QuickBooks Online.1
A Live Bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting. Once your bookkeeper receives all the necessary documentation, they’ll typically complete your cleanup within 30 days. In some cases, your cleanup may take longer depending on timeliness of documentation and the complexity of your books. To improve the what is the meaning of a favorable budget variance performance of the audit log and also to align with generally accepted audit standards of data retention, audit events will be retained in the audit log for 7 years. This does not affect how long data is held in the product overall, which remains unchanged.
When you upgrade to Enterprise, QuickBooks Desktop’s most comprehensive plan, you’ll gain access to advanced inventory features, including barcode scanning and serial number tracking. QuickBooks Online wins for pricing because it’s essentially more affordable than QuickBooks Enterprise. For instance, if you have five members, you can purchase the Plus plan for only $90 monthly, whereas with Enterprise, you need to pay $427 monthly for five users. Advanced Pricing / Control, customize, and automate pricing is included in the Platinum payroll cost: the small business guide for 2023 and Diamond subscriptions only. While QuickBooks Online is very popular among business owners, some have problems with the system.
How the Software Stacks Up
Speaking of extra fees, QuickBooks Desktop also charges for e-commerce app integration, invoice-based payment acceptance, and online data hosting. If you choose QuickBooks Desktop Pro Plus, you’ll also need to pay extra if you want to access customer service via live chat. Notably, only QuickBooks Desktop Enterprise includes 24/7 customer service. Pro Plus and Premier Plus limit customer service hours to just 12 hours a day, weekdays only. This takes into account customer management, revenue recognition, invoice management, and collections. QuickBooks Online is easier to set up because it’s a cloud-based platform that doesn’t require installation.
When subscribing to this service, you’ll get a 1099 e-file of forms and a next-day direct deposit. QuickBooks Online and QuickBooks Desktop are two solid accounting products from Intuit. While both software types have plenty of perks, QuickBooks Online is a more flexible, affordable, and scalable option for most small-business owners. If you choose to cancel your QuickBooks Online subscription, you will still have access to your QuickBooks Money account and data.
Should I switch from QuickBooks Online to QuickBooks Desktop?
QuickBooks Online and QuickBooks Desktop share the same basic functionality of organizing your accounting processes and automating much of the manual data entry work. It has faster load times and quicker response rates, all while requiring minimal local processing power. QuickBooks Desktop is a better fit for businesses that prefer to store their data locally and are less dependent on real-time updates or extensive collaboration.
And if data analysis is an important part of growing your business, QuickBooks Desktop is a solid pick. It includes 100+ reports, while QuickBooks Online Simple Start includes around 40. The Desktop Premier edition escalates to 150+ reports, including industry-specific reports for general contractors, manufacturers and wholesalers, nonprofits, and retailers.
