Intuit QuickBooks is the best accounting software for small and mid-size business setups. The easy-to-use accounting software helps you stay up to date with the finances of your business. An essential software for your growing business, the Intuit QuickBooks accounting software comes in various versions like Accountant, Pro, Premier, and Enterprise. Each version offers different sets of features. You can choose the one that suits your business model the best.
You get real-time insights with QuickBooks, which offers better control of the business. Depending on your business requirement, you can opt for QuickBooks online or QuickBooks hosting plans. Though the names look similar, both QuickBooks Online and QuickBooks Hosting have their own sets of unique features. Which one is better of the two? This is the question that concerns most business owners, accountants, and bookkeepers.
Let us compare the two options, online and hosting, and understand them better.
QuickBooks Online is a transition from QuickBooks Desktop. The online model helps users access their data anywhere anytime. This Intuit’s offering is managed by the company itself in their private cloud. With better UI and user experience than QuickBooks Desktop, QuickBooks Online is a preferable option. There are certain limitations to the QuickBooks Online like inventory tracking, currency calculator, and the company overview. As far as the customer support is concerned, Intuit offers a solution to most of the user queries. Even though the support team tries to resolve all the queries, some of them might take time to get resolved because of the vast product popularity.
Here is the option that offers you the best of both worlds, QuickBooks Online and QuickBooks Desktop. Hosted Quickbooks lets the user access files remotely from any location. With good encryption code, QuickBooks Hosting ensures your data stays safe. In this model, the hosting providers offer the customer space on their cloud and let them access any information on the go. Once in the cloud, multiple users can access the data simultaneously. Available with all the QuickBooks features, the QuickBooks Hosting software is the best solution for most of the business models. It comes with more functionality and let the user do more with their data. QuickBooks Hosting is offered by dedicated hosting providers that ensure better reliability. The cloud is capable of taking care of heavy traffic and adopt changing needs smoothly.
A quick glance at the comparison between the two options, QuickBooks Online and QuickBooks Hosting would help you make your decision.
|Features||QuickBooks Online||QuickBooks Hosting|
|Anytime, Anywhere Access||Yes||Yes|
|Easy of Add-on Integration||Yes||Yes|
|Calculate & rebill job costs||No||Yes|
|Calculates Customer Discounts||No||Yes|
Talking about the costs involved, both the options are almost equally priced. When choosing the one for your business model, go for the one that suits your requirements best. If you are looking for a dynamic accounting software for your mid-size business then QuickBooks Hosting is the best option. But, if you are looking for a software with basic features and few user support then QuickBooks Online will certainly do the justice to your business needs.