Pros and Cons of QuickBooks online · 9:39am May 16th, 2023
Planning to switch to QuickBooks Online from QuickBooks desktop? Well, there are a few differences in QuickBooks online and desktop. It completely depends upon the business requirements to choose QuickBooks online over QuickBooks desktop. QuickBooks Online is a cloud version of QuickBooks which makes it easily accessible. However, there are certain pros and cons associated with the software, which might help the user in understanding whether he/she should choose QuickBooks online over a desktop or not. Pros and Cons of QuickBooks Online To know more, make sure to read this post till the end. Or you can also contact our experts at QuickBooks error support our toll-free number +1-844-405-0907 and ask for their suggestions.
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Pros of QuickBooks Online
1. Shared Access- It allows users to work or access a single file at the same time.
2. Easy to set up - The users can easily configure the account and use the available templates for a basic account.
3. Remote Access – You can access account from anywhere. The users can log in to the account and work from home or while traveling via PC or Smartphone.
4. Automatic interface with the bank – The users can accept credit card details or any electronic payment form and automatically update bank transactions, ultimately minimizing the entry time.
5. Payroll integration - QuickBooks Online can be integrated with third-party app, in order to carry out online payroll transactions.
6. Easy to manage users – It allows easy access to more than one admin preferences, and the users can set the rights of each user in the employee online details.
7. Secure data - The confidential data of QuickBooks users are securely saved in the Intuit served in the cloud.
8. No software upgrades - No local data or software to manage, unlike QuickBooks desktop which needs to update the software version.
Cons of QuickBooks Online
1. Security Concerns – In the rarest of rare situations, hackers can hack the network and tap some confidential information, such as customer bank details over the transmission medium.
2. Limited internet access - QBO requires high-speed internet access, and many users might have limited internet speed, ultimately slowing down access to online QuickBooks.
3. Monthly fee – It has a monthly licensing fee for a single company file. If the client has multiple businesses, he is required to pay a monthly fee for each of this company file, and this adds to the cost of using QBO.
Now that you know the pros and cons of QuickBooks online, it is time to make a decision. However, if you are still dicey and require professional guidance, then, in that case, consult our tech support team at QuickBooks error support our toll-free number +1-844-405-0907and they will provide you with instant support services. We are a team of certified QuickBooks professions who work round the clock to provide any QuickBooks-related assistance.
