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QuickBooks Online vs. Desktop: Which Is Right for Your Business? - NerdWallet
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money. Known as the industry standard for small-business accounting software , QuickBooks offers two core types of products: the cloud-based QuickBooks Online and the locally hosted QuickBooks Desktop.
With four plans, robust features and a user-friendly interface, QuickBooks Online is the ideal choice for most small businesses. QuickBooks Desktop, on the other hand, is a good option for businesses that prefer desktop software, need its advanced inventory tracking and reporting tools, or are looking for an industry-specific solution.
QuickBooks Online. QuickBooks Desktop. Better for. Most small to midsize businesses that want a cloud-based solution. Small to midsize businesses that want a desktop solution or need advanced inventory and industry-specific features. Maximum number of users. Ease of sharing with accountants. You can send email invites to your accountant from within the software. You can send a copy of your company file to your accountant and import their changes.
With four plan tiers, QuickBooks Online can scale with your business. Add-ons like QuickBooks Time may expand your functionality. You can upgrade to any version of QuickBooks Desktop as your needs change. However, converting your data from one desktop solution to another can be a complex process.
Ease of use. QuickBooks Online is user-friendly, but it requires some prior accounting knowledge to get the most out of it. QuickBooks Desktop has a more dated user interface than some cloud-based products and requires prior accounting knowledge to get the most out of the product. These are intended for Windows operating systems, but the company has separate software for Mac users, too. There are a variety of resources and community support online to guide you through setting up your QuickBooks account and navigating the software, regardless of which version you choose.
Additionally, QuickBooks has a wide network of ProAdvisors — accountants who are certified in the software — who you can work with for professional assistance. Additionally, the desktop products are only available as annual subscriptions, making them a bigger commitment than QuickBooks Online. The QuickBooks mobile app is also available for free and lets you manage your account on the go. QuickBooks Desktop is more limiting.
You must purchase additional licenses if you want to access it on multiple computers. While you can add cloud access to QuickBooks Enterprise, it involves an additional fee. These include the ability to track raw materials and finished products and automate order management, among other functions. It also has barcode scanning capabilities, in which business owners can download the QuickBooks Desktop mobile app and use their mobile device as a scanner.
QuickBooks Desktop Premier Plus and Enterprise plans have industry-specific reports for manufacturing and wholesale, retail, nonprofit, general contractor and professional service businesses, too. For example, nonprofits can use the desktop products to run donor contribution summary reports while manufacturing, wholesale and retail businesses have the ability to forecast product sales.
Contractors and professional service businesses can use the software to compare revenue by city, customer and job type. Read Review. Wave Financial Free add-ons available. QuickBooks Online vs. Desktop comparison. Why QuickBooks Online is a better choice.
When you might choose QuickBooks Desktop instead. Advanced inventory management. Industry-specific reports. QuickBooks alternatives. Bookkeeping and accounting software. NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. Shop Now. On a similar note Dive even deeper in Small Business. Explore Small Business. NerdWallet rating NerdWallet's ratings are determined by our editorial team.
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