QuickBooks Desktop Cloud Hosting vs QuickBooks Online

In this article, we will compare two versions QuickBooks which is accessible over the internet. QuickBooks Online vs hosting QuickBooks, the aim is to help small businesses decide the better suited solution. QuickBooks is one of the most famous and reliable business accounting software in the world. Full with many features and powerful performance, it can streamline even the most complex of accounting processes. In the recent years, the application has felt the effect of cloud technology as well. So, apart from QuickBooks Desktop, you will have two more options to choose from – QuickBooks Online and QuickBooks Hosting. That provides option to customer to choose a perfect platform for his business.

About QuickBooks Desktop

We install QuickBooks desktop on system to do accounting transactions. It is one of the best options available due to its unmatched features and user-friendly environment. Being an application running on the local machine, its processing speed is generally very fast.

About QuickBooks Online

Nowadays customer as going for cloud versions of application. So QuickBooks developer developed QuickBooks Online which is available in three types i.e. Simple Start, Essentials and Plus. This application is totally different from QuickBooks Desktop as compare to user interface. But it is as reliable and safe to use as desktop QuickBooks, but company’s command with the cloud capabilities of the company still remains a concern.

About QuickBooks Cloud Hosting

Apart from GUI difference QuickBooks desktop can be host on third party hosting services. So it enables that benefits of cloud functions such as remote accessibility, multiple user collaboration, etc. So, we can use all features of QuickBooks desktop over the cloud, which is more secure and reliable to use as compared to QuickBooks online.

If you are looking for further information on QuickBooks Desktop and Online, talk to a certified ProAdvisor at QuickBooks customer support number.

QuickBooks Online vs Hosted QuickBooks:

When it comes to deciding which online solution to go for, there are two common options you can choose from: Intuit’s QuickBooks Online or Hosted QuickBooks through an independent cloud provider.

Benefits of QuickBooks Cloud Hosting

Following are the benefits of having QuickBooks on hosting services:

1. Anytime, anywhere access means we can access QuickBooks for cloud from anywhere in world, does not matter you are using within country or outside. It will allow you to access your company file. This is beneficial if user has multi- Location Company and wants to use their business file from mobile as well. 
2. No retraining and no data conversion. Company file can be moved to previous type without changing the format if incase any user does not like cloud hosting, and users do not need to do something as it can be restored in their QuickBooks desktop software.
3. Collaboration with outside parties, such as an outsourced bookkeeper or accountant. Accounting professionals can work on client company file more efficiently and easily as they can directly login to company file from their work station. Which means that user don’t have to create company file or syncing data.
4. In addition to delivering a considerable amount of freedom to the business owner, outsourcing IT services may also deliver significant cost savings for the business. Which means user does not have to pay to IT professionals.

Benefits of QuickBooks Online:

1. Remote access – In order to use company file in QuickBooks desktop you need to have QuickBooks hosting to buy an addition user.
2. Auto Send Reports – Reports or report groups can be scheduled and sent automatically.
3. Automatic upgrades – With QuickBooks Online you are almost always running the most up to date version.
4. Company Scorecard
5. Delayed billing:  user can enter bills to be charged later
6. Income list/transaction center
7. Invoice automation – automatically create invoice from unbilled activity
8. Multiple A/R or A/P account per journal entry
9. Location tracking in QuickBooks Online Plus.
10. FIFO Inventory valuation (available in QuickBooks Enterprise but only with the additional cost Advanced Inventory feature)

There are few common Features in Both QuickBooks Desktop & QuickBooks Online

1. Accept credit card payments from customers
2. Audit trail to track changes in transactions and lists
3. Bank reconciliation
4. Company Snapshot
5. Custom fields – varies on the number, and how you can use them, so you have to look at the specifics
6. Express setup of QB company file
7. Multi user access (different limits to the number)
8. Multiple windows
9. Online banking
10. Payroll (additional fees may be required)
11. Print Bills
12. Recurring Billing / Memorized Transactions
13.  Zoom into details from reports
14. Document management – is much more limited in Online
15. Budgets (not in QB Online Essentials)
16. Class Tracking (not in QB Online Essentials)
17. Create Estimates (not in QB Online Essentials)
18. Prepare and print 1096, 1099 only on QuickBooks desktop.)
19. Job costing – although this is quite limited in QB Online
20. Purchase Orders on QuickBooks desktop
21. Invoices
22. Time tracking and billing by customer (not in QB Online Essentials)
23. Reversing journal entries
24. Memorized reports

I hope this article will easily help you and allow you to work on QuickBooks easily. If you are still facing difficulty in working call QB Premier Support at QuickBooks Online support number 1-888-412-7852.

What are the differences between QuickBooks Pro & Premier Editions

When we are thinking to buy a QuickBooks edition it may be the most important decision you make with your small business. You’d be wise to differentiate QuickBooks Pro vs Premier and figure out which suits you best before you spend money on the wrong thing. It becomes even more important to use accounting software, but which package is going to be the most suitable for you, is the question. First, we will talk about QuickBooks pro and premier.

QuickBooks Pro Edition

QuickBooks provides a different level of features and information. So, what does the QuickBooks Pro offer? This QuickBooks Pro is a perfect edition for businesses in the service industry, as they allow you to track sales and create invoices in business. This allows you to identify who owes you money when customers paid you, and what products did they buy. In addition, the QuickBooks Pro allows you to pay bills and write checks directly from the software and even download your payment transaction from your credit card or bank. This version of the QuickBooks comes with two pricing options. QuickBooks Pro Plus (Annual Subscription) which offers support, extra upgrades, and data backing features and QuickBooks Pro

QuickBooks Premier Edition:

QuickBooks Premier is an accounting solution that enables the user to track inventories, purchase orders, sales orders and create invoices. This is suitable for a larger business. It even allows you to create a company data file which can have up to 5 users and has a built-in, easy to access report which can be used to track financial data separately by profit center, department, and location. You can select the type of your business like Retail, Wholesale and manufacturing, Non-profit, Professional Services and Contractor in QuickBooks Premier. Every version of QuickBooks gives you access to specific template reports that are geared specifically for that industry. Bill and track clients by time, product, and date or percentage completion are some of the additional features in QuickBooks Premier. You can import data from an older file of QuickBooks like Excel Quicken and much other software and also you can create and print deposit slips. Just like QuickBooks Pro, this version of QuickBooks also comes with two pricing options: QuickBooks Premier (One-Time Payment) with standard options and QuickBooks Premier Plus (Annual Subscription) with support, additional features, and upgrades.

Call now and talk to a ProAdvisor and get all your queries answered for QuickBooks Pro and Premier. Dial QuickBooks Desktop support number.

Differences between QuickBooks pro and premier versions

The main features of QuickBooks Pro:

Ø  In this version of QuickBooks, a Customer Snapshot feature is there which provides key customer insights at a glance,

Ø  Income Tracker that helps you to track customer for unpaid invoices.

Ø  Sales tax tracking.

Ø  Profit and loss, Income and expenses and many other business performance reports.

Ø  Purchase orders and invoice tracking capabilities. 

Ø  Email and accounting report templates.

Ø  You can send professional quotes and invoices with QuickBooks right from your email account.

Ø  Accept credit card payments, pay W-2 employees, file payroll taxes, and integrate shipping with UPS, FedEx, and USPS.

Ø  You can import data from earlier versions of QuickBooks, Excel, or Quicken.

The main features of QuickBooks Premier:

Ø  It Allows all five users to work together at the same time

Ø  You can manage your inventory activities with many available reports from Inventory Center.

Ø  The ability to set up multiple units of measurement for inventory items.

Ø  An Inventory Assembly feature where you can track each piece of inventory and non-inventory material use to create the products you’re selling.

Ø  Review time spent, income and expenses for each job

Ø  Ability to bill clients by job phase, percentage completed, and time spent. 

Ø  Sales orders and back order capabilities.

Ø  Ability to track changes to job estimates.

Ø  Multiple billing rates for different services, employees and clients.

Ø  Balance sheet tracking by location, department, and profit center.

This QuickBooks Premier offers customized forms, reports, and capabilities for each industry choice.

Thanks for reading this article. In case you are facing any problems with your QuickBooks call QB Premier Support at our QuickBooks premier tech support number 1-888-412-7852 or visit our website for more details.