Intuit QuickBooks is a well-loved small business accounting software solution that has been getting the job done for 20 million businesses over years. With versions like Pro and Premier, it’s able to offer many features necessary in managing finances like sales, services, inventory, payroll and more. It is an efficient tool for any entrepreneur on a budget.
QuickBooks Online was released to the market in 2008 as a web-based version of Quickbooks. Instead of using downloaded software installed on a computer or laptop, it’s accessed over the internet from anywhere with an Internet connection.
But what are the differences between these two versions? Which is better for your business, online or desktop software?
Differences Between QuickBooks Hosting and QuickBooks Online
QuickBooks hosting is good for large businesses with lots of transactions and invoices. Cloud-based QuickBooks hosting offers easy access to your data from any Internet-connected device, whether you’re at home or on the road. You can also save time by letting Intuit manage backups for you and keep everything up to date and secure .
On the other hand, Quickbooks Online is best for small businesses who are more likely to use Intuit’s accounting software on the go. It is also good for businesses on a budget since it’s affordable and requires no additional hardware. It is easy to set up, it’s perfect for business owners who do not have any IT department or employee to manage quickbooks on a laptop.
Benefits of Quickbooks Online
Quickbooks online provide a lot of benefits for business owners. You can access your data from anywhere with an Internet connection. You don’t need any high end laptop to use quickbooks. However, if you’re using Quickbooks Desktop then you need the best laptop for quickbook which should pass the quickbook desktop specifications.
Set-Up and Use
If you’re using Quickbooks Online, you’ll be able to enjoy the benefits of using your own software without dealing with all that pesky installation and maintenance. Your hosting provider installs packaged versions onto a server located in their data centers which provides users remote access from any internet connected device they choose!
Using a Quickbooks Online subscription goes above and beyond hosting. It’s like having your own personal IT department at your fingertips without the extra expense! Your provider will also provide your company with any technical support you may need so if you’re ever having problems, they’ll be right there to help you out.
Features
Intuit QuickBooks comes with a package of features that deliver you enough accounting power for your small business. Intuit takes care of backups and updates, leaving you to focus on growing your business.
Quickbooks Online is also able to give small businesses the accounting tools they need without all the hassle. It’s perfect for those who want an affordable solution today as well as the option to upgrade in the future. The availability of third-party apps means that you can customize it even more.
Maintenance
Hosted versions of QuickBooks come with all the server and security maintenance taken care of. You don’t need to worry about keeping your system updated or backing up on a regular basis because it’s all handled by Intuit.
Quickbooks Online is an affordable option for small businesses who want to save time and money without having to deal with installation, upgrade, and maintenance issues. However, there are also many third-party apps that can be integrated into your Quickbooks system too!
Security & Data Privacy
With hosted versions of Quickbooks, you never have to worry about how secure your data really is . Your provider handles everything from their servers which means that you don’t have to worry about password resets or software updates.
Quickbooks Online includes top-notch security features to keep your data completely safe at all times . Not only is Intuit a trusted name in QuickBooks hosting, they also have the most up-to date security measures.
Benefits of Quickbooks Hosting
As you can see above, Quickbooks Online and Hosting both have its own benefits that will help you to run your business.
Quickbooks hosting is helpful for those who want a more hands-on approach with their accounting software and/or need the flexibility of multiple users sharing data. It does require some IT knowledge as well as server space which not every small business owner has or wants to do themselves.
Automatic Data Backups
Quickbooks hosting provides automatic data backups so you won’t have to worry about your information being lost. You can also expect around-the-clock tech support to help you out if ever you need it.
Installation & Updates
You’ll have access to install and update as many copies as needed as well as configure user privileges much more easily with Quickbooks Hosting. There’s no limit on how many users or companies that can be added to a single shared server. This would require much more time and effort if done manually through the internet without a host to set up all installations for you.
Remote Accessibility
Since your copy of Quickbooks is always available, you won’t have to worry about missing an update or installation time. You can log in from anywhere in the world with an internet connection and gain access to all your data right away.
Conclusion
Quickbooks Online is ideal for those who don’t care to deal with installation, upgrade, or maintenance issues. However, if you need more flexibility when it comes to sharing files between multiple users or businesses, then Quickbooks hosting may be a better option for you!
Both QuickBooks Online and Hosting are incredible options that small business owners will find incredibly helpful for their accounting needs. Of course they both have differences but the most important thing is that you which one will work best for your specific situation.
