QuickBooks Online Review 2024: Features, Pros & Cons
It provides features that cater to invoicing, expense tracking, payroll management, and tax preparation. QuickBooks Desktop doesn’t offer the same multi-user accessibility, but it does have a more comprehensive assortment of features that provide an in-depth view of your accounting operations. QuickBooks Desktop offers more advanced inventory management features, job costing worksheets, sales orders, and highly customizable reports. I was impressed with how you could do batch invoicing, something QuickBooks Online doesn’t offer. Access your account via the cloud for up to 25 users with the Online version, and pay an additional fee per user, up to 40 users, for cloud access with Desktop.
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The downsides are the lack of sales orders, lead management, and other complexities that loyal Desktop users may miss (such as customizable letter templates, a built-in calendar, and even spellcheck). The company has updated its help centers to be more user-friendly, but there’s still no email support. Both options, however, are working to reduce long hold times on the phone by now offering a callback feature. If your business needs sales orders, QuickBooks Desktop is your only option. Although Intuit has talked about adding sales orders to QuickBooks Online, this feature is only available with QuickBooks Desktop products at this time. QuickBooks Online offers over 80 reports depending on your plan, whereas QuickBooks Desktop Pro has over 130 reports.
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.
- If you choose to cancel your QuickBooks Online subscription, you will still have access to your QuickBooks Money account and data.
- Other popular merchant processors don’t require this, making collecting payments more difficult.
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- Access your account via the cloud for up to 25 users with the Online version, and pay an additional fee per user, up to 40 users, for cloud access with Desktop.
QuickBooks Online vs. Desktop pricing
The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships. You should also consider budget constraints before choosing, as QuickBooks Online provides more plans and more diverse pricing options, while QuickBooks Desktop ytd financial definition of ytd can be more expensive. I want to confidently say that the difference in pricing is due to the considerable amount of features that QuickBooks Desktop offers, but I’m unsure if that’s the case.
Katherine Haan is a small business owner with nearly two decades of experience helping other business owners increase their incomes. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. QuickBooks Checking Account opening is subject to identity verification and approval by Green Dot Bank. However you work, no matter what your business does, QuickBooks has a plan for you.
QuickBooks Desktop Enterprise
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. In other words, Mac users can’t scale up their software from one plan to the next as they add software users.
The assisted capital lease definition migration offer is eligible to Desktop customers that are migrating their data and setting up QuickBooks Online. Personalized setup is limited to a 1-hour session with a customer success product expert. Intuit reserves the right to limit the number of sessions and the length and scope of each session. Assisted migration results may vary based on business complexity and file size.
QuickBooks Contractor Payments
If you go criteria for north star fund grants with QuickBooks Desktop Pro or Premier, a payroll add-on is available for an additional monthly fee. While these products will still be available to existing users, QuickBooks Desktop Payroll for Pro and Premier will no longer be available for new users to purchase starting on September 31, 2024. For small business owners new to the accounting scene, this service may bring much-needed peace of mind when managing your books and filing small business taxes.
— Posted on December 23, 2022 at 1:33 pm by permagroove