If you run a small business, choosing the right money-tracking tool is crucial. Let's break down QuickBooks Online (QBO) and QuickBooks Desktop in simple terms.
QuickBooks Online: Your Office Anywhere
Pros:
- Easy Access: QBO lets you handle money from any internet-connected gadget, making it convenient for office or remote work.
- No Fuss Updates: QBO updates automatically, ensuring you always have the latest features without manual efforts.
- Teamwork Made Easy: Multiple team members can work on finances simultaneously, promoting smoother collaboration.
- Subscription Cost: QBO comes with a monthly cost, similar to a subscription service.
- Buy It Once: Desktop requires a one-time purchase, making it budget-friendly for businesses.
- Works Without Wi-Fi: Desktop doesn't rely on constant internet, ensuring access even in areas with internet issues.
- Extra Cool Features: Desktop often includes advanced features, beneficial for businesses with unique needs.
- Stuck on Your Device: Unlike QBO, Desktop is limited to the computer it's installed on.
- Reminder for Updates: Desktop needs manual updates, requiring your attention.