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In: Accounting

What is the difference Comparing QuickBooks online to QuickBooksdesktop.

What is the difference Comparing QuickBooks online to QuickBooks desktop.

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Expert Solution

QuickBooks Online and QuickBooks Desktop are applications for small business accounting that varies in functionality and availability of information. QuickBooks Desktop is ideal for companies selling products. QuickBooks Online, on the other hand, is best for service-based businesses that do not spend a lot of time in the office and need access from a mobile device to their data.

When to consider online?

QuickBooks Online is your ideal solution if you are a service-based business with no need for inventory tracking options or complex requirements for invoicing. QuickBooks Online is also the best option for companies that want multi-device access and have more than one person in need of access or those that want automatic cloud updates.

U need to consider majorly when you want following:

Ability to give your accountant or other users access from any location
Ability to enter transactions using a mobile device, PC, or Mac
Automatic, real-time updates

When to consider desktop?

QuickBooks Desktop is generally the best solution if you are a product-based business with complex inventory tracking needs, or if you fall into one of QuickBooks Premier's five industries. Industry-specific desktop versions include customized QuickBooks chart of accounts lists for contractors, manufacturers, wholesalers, retailers, and more.

U need to consider majorly when you want following:

Multiple inventory tracking options
Batch invoicing
Industry-specific versions

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