Difference Between QB Desktop and Online 2020

In the case of online software, you can access your data anytime, anywhere. It also saves the storage of your system by saving your work on the cloud. The below article helps you to choose from QuickBooks Online or QuickBooks Desktop. QuickBooks Online and Desktop both the software created to give the best service related to accounting, both are excellent and for small business accounting software. Additionally, both software allows double entry of transactions and automatic processing of closing entries. If you are thinking to switch from Desktop to online or from online to Desktop versions, it is always advisable to take a long look at both the software, its pros and cons, benefits, features, etc.

QuickBooks Desktop vs QuickBooks Online 2020

QuickBooks Desktop and QuickBooks Online 2020 are the software that is assisting to manage the accounting of small and large business owners. Although there are many versions of QuickBooks such as pro, premier, online, etc. The main difference between the QuickBooks Desktop and online 2020 is that Online is a cloud-based software with monthly pricing but QuickBooks Desktop is software that is installed on a specific computer.

QuickBooks Online – This is the Intuit’s cloud-based accounting software. It was initially far less developed than QuickBooks Desktop. It was launched in 2004 and with time Intuit made many changes that are tremendously changing the way of working for the users, it is also adding new features to serve better the small-sized business.  All know that QuickBooks Online is developed for small businesses but the new version is also applicable for the larger business. It offers you many sets of features, excellent accounting, online payroll, attractive invoices, and many more unique features.

QuickBooks online is easier to learn and use than QuickBooks Desktop.  As it is cloud-based then it means anyone can work from anywhere, you just need to have an internet connection and you can also manage with the mobile apps.

Some of the Pros and Cons are mentioned below

Pros Cons
Strong features Customer support
Built-in lending No sales orders
More than 500 integrations More expensive than other SMB products
Monthly pricing Fewer Features than QuickBooks Desktop
Easy to use
Cloud-based

QuickBooks Desktop – It is the oldest accounting software, it made the Intuit what it is today. Today is also it is one of the primary choices of the users.  It offers QuickBooks Desktop Pro, QuickBooks Desktop Premier, QuickBooks Desktop Enterprise. The pro is developed for the small business, Premier for medium business, and Enterprise for the large business. Each plan comes with different features and plans.

Below are some Pros and cons mentioned below:

Pros Cons
Strong Features Customer support
200 plus integrations No remote access or mobile apps
More secured Fewer automation than QBO
Traditional accounting Expensive License structure

Below is the comparison chart of QuickBooks Desktop and QuickBooks Online

QuickBooks Online QuickBooks  Desktop
Create Professional invoice Yes Yes
Automatically schedule and send an invoice Yes Yes
One-click tax and sales report Yes Yes
Track expenses and sales Yes Yes
Track Miles Yes Yes
Manage accounts payable Yes Yes
Real-time collaboration with accountants Yes Yes
Connect to 650 plus cloud-based apps Yes Yes
Support Yes $89 for 90 days or included in selected products
Cloud access Yes $44- $200 monthly per user
Access up-to 25 users Yes Pay Per user
Access to the latest product and features updates Yes $299 annual  repurchase or included with select products
Automatically download bank transactions Yes Bank Fee may apply
Automatic data encrypted back up Yes $9.95 per month or included in selected products
Restore company data Yes No
MObile  apps for smartphone access Yes No
Calculate job costs No Yes
Discounts by customer No Yes

 

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