QuickBook Online vs. QuickBooks Desktop: What's The Difference?
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- čas přidán 11. 07. 2024
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AJ Stockwell is the owner of Learn Bookkeeping Today LLC and Climb CFO LLC. He is a small business accounting and finance expert with a passion for sharing high-quality informative content for:
-Bookkeepers and aspiring bookkeepers or college students who are considering a career in accounting or starting their own bookkeeping business.
-Business owners who want to better understand their numbers or improve their accounting processes and controls.
-CPAs who are looking to bring even more value to their clients and streamline/update their processes.
What sets me apart is the fact that I have been in the shoes of all 3 of these groups. This channel is going to explore a wide variety of topics related to these areas.
Thank you for watching this video. Please subscribe and let me know in a comment below what you would like to see on this channel!
Go check out my blog and course offering here: www.learnbookkeepingtoday.com
You're awesome man... this answered all my questions and I already watched several videos elsewhere that didn't. Thank you!
Just what I was looking for; Thank you!
0:27 "So, let's get right Intuit" - Good pun!
*Pun not intended
Great job summarizing and very clear. Thank you!!
Thanks for posting this, it was great. Thorough, but concise. Well done, sir.
Hi! I just signed up for your course videos; can't wait!
you explained a lot in such a very short video. thank you
Just what we needed to know! TYSM :)
Great input and laid out well. Easy to understand. You cleared up a lot of my questions.
Yess
@@meharriaz4294 for freelance work which one should we learn?
Great video, I just ordered Desktop Pro Plus 2021, 1-Year Subscription, have not used it yet kinda exited
Thank you. This was very helpful
Subscribed! Thanks for the info
Very informative and straight to the point. Exactly what I was looking for. Thank you!
Great video. Does Quickbooks Online have job costing and progress billings functionality (for contractors) yet?
Thank you!
How does self employment fit in the versions which should in in I
choose, thanks.
Thank you for the information
Quickbooks Online is also between $300 to $740 per year, depending on the service level. Not an insignificant cost increase compared to desktop versions.
Nice, it was very helpful
Thank you for the video, I'm wondering if any version of Quickbooks can export to Excel and if Quickbooks files from Premiere or Enterprise or Online can be opened in Pro?
Thanks for the video. Does QB desktop off anything for creating a depreciation schedule? We are a small business and need a depreciation schedule...where do I find that?
Good breakdown.
Hi thank you for this. I had to wind up my business this year. I have a desktop QB version back up from a windows pc. If I get QB for Mac online will i be able to read my back up version with it? Thank you.
Great video; but you miss the point I was looking for which is the pricing. I’m thinking to move from QuickBooks online to QuickBooks Premier just for one time payment.
Im using wix for my company site provider and nuvo as my Business bank. Nuvo and wix have integration with quickbooks but do you think I conect them with desktop or would need online version?
Thanks for explaining, From Pakistan
thanks!
I just purchased QB Desktop from Costco and curious if anyone, hopefully AJ can. I am a Real Estate Appraiser and I also manage two small apartment buildings. Do you think it is better to have the Desktop version or online version. Also, I drive a lot and wasn't sure if there was a way to track mileage automatically, Thanks
hi, a question for you, can you sync qb self employed to your iphone so it copies all the rans/miles/inv etc
which version for real estate investment and management? thanks for your videos! I have learnt so much. =)
thank you :D
Very nice and informative videos. I have 1 or 2 files ( pdf or jpg ) attached to each transactions in QB desktop. Will these attachments files transfer to QB online and will it accessible just like how I use in QB desktop?
Great well presented video, very clear, thanks! My question would be, lets say for a selfemployed professional bookkeeper/accountant who maybe does the books for lets say 5 companies... with Quickbooks online does this mean paying the monthly fee 5 times!? (one licence for each company you do the books for) Many thanks
Hi Christian, thanks for the question! Yes, each client would need their own QBO subscription. Usually either the client would be paying for this themselves directly, or the accountant passes the cost on to the client if the accountant is paying it through Intuit's accountant wholesale pricing program.
@@LearnBookkeepingToday Thanks for your reply! Ah ok so Intuit have an accountants whole sale pricing program... thanks for the info! :)
Hello AJ. I own a laundromat. Very little invoicing. Just track expenses and do payroll for three employees. I pay a bookkeeper $2500 a year to do this for me. What online version would be best for me?
I am in the business of Bookkeeping - I like the online version; However, it dose not have all the good and heavy features in QB Desktop - As a bookkeeper I do recommend the desktop for now until online picks strong.
for freelance work which one should we learn?
Tim G Hi I like the online version too, but now we change to desktop and I’m lost. I liked the invoices so neat and clean on QBO, but in the desktop version, I just can’t find how to modify the invoices to look good, they’re so awfully awful😬😕
@@GabykzB Thats weird... the online version its impossible to customize besides the very basics, while the desktop you can customize them however you want via the templates
@@steveross6359 then maybe I just needed to learn more. Thanks 🙂
I have QB Desktop 2020 with assisted payroll. Which QB online plan should I get? there are so many plans and it is soooo confusing. Quikcbook online plus or simplestart? Payroll Core or Payroll Essentials?
As an accountant and bookkeeper I do like the online version cuz it is simple. But honestly the desktop is much more reliable to use.
If Intuit wants to get rid of QBD, they need to make Online be able to handle Build Assemblies. How many more years are they going to not implement this feature?
for freelance work which one should we learn?
Question. If I have QB online and I am unable to pay monthly fee then do I lose access to my data?
I am currently going to school for accounting but I am trying to get a job within accounting before I graduate so that I have work experience before I have my degree. I’m trying to learn Quick Books at the moment. Do you have any tips?
Is there ANY bookkeeping/accounting software that ISN'T a subscription model? I want to be able to import bank and credit card statements at the very least. I found 3rd party software that allows this for QB desktop pro, but after a bit of digging, people say that QB desktop cuts off bank feed importing after the hidden subscription is over. Is this true? That's the main feature I want to keep.
So is there ANY software at all that is a one time fee that includes this feature? I don't want to be entering data all day, and I don't want to be stuck into a subscription. Is this even possible today?
HELP! I'm trying to start out in bookkeeping, and I DESPISE subscription based models. Thanks
Upgraded my 2011 Mac Mini to High Sierra. Quickbooks 2012 won't work with High Sierra. Will 2016 work?
I really liked all that you explained here, I’m looking for answers because I used the online version and I liked it, but now we change to desktop and I’m lost. I liked the invoices so neat and clean on QBO, but in the desktop version, I just can’t find how to modify the invoices to look good, they’re so awfully awful😬😕 I’ll keep learning. Thanks again for this video and I’ll subscribe to your channel [because I like the way you explain: clear and slow...] thank you again friend :) blessings to you
Hello, If my client wants me to do payroll only, for QBO you have to pay for the main subscription and the Payroll subscription and the $/employee meaning the Payroll is an "add-on". They have to pay for something that they don't want if I use QBO. Would you recommend me doing Desktop for Payroll-only clients and if clients want all the bookkeeping, do QBO?
Hi Stacey, Payroll is a separate add-on for Desktop as well. I believe it still has a base fee and then a small fee per employee. I think of Payroll separately and wouldn't recommend choosing either Desktop or Online just based on payroll. The Desktop vs Online decision should be made based on the business's needs.
hey...iam an intern, in a college, as a bursar, , how can i enter tuition for a student or students in desktop quickbooks, do enter them as sales or
We use QB Premier Contractor 2021, we do not want to change to online, but we need to upgrade by May 31, 2024. We also use a PR Subscription, we don't use all the features of Premier, could we just go with Pro 2024?
How hard is it to transfer a business that is using the desktop format to the online format?
Hi Gwynn. Intuit is doing their best to continue streamlining this process. I'll be making a video about this in the future, but in the meantime here is a helpful page about it: quickbooks.intuit.com/learn-support/en-us/update-products/move-your-quickbooks-desktop-file-to-quickbooks-online/00/186520
I am three quarters through and I still have not found the comparison between Desktop and Online the presenter promised in the title.
Lol, I though the same thing.. This is a completely useless video. He didnt go into even a single thing. The only thing I got out of it is they have different names. What a useless video.
Hi,i want to integrate the QuickBooks online into my DOT NET web API.Can i do it?
good
...security issues, costs over time, etc???
hey, how do i download it for a Mac? having difficulty
My company invests in different loans. Do you have any videos on how to use Quickbooks for this type of business? I.E. how to enter and label the companies I invest with. how to track the loan principal and interest payments?
Hi Avi -- Thanks for your comment. I don't have any videos on this right now, but will make a note of it as I expand my training
Set up your recurring payments on the pro online but on the desktop its called saved memories.
Hi there! , Can you tell it to me how to become Certified Quickbooks Pro user?
sign up for the Accountant's Edition of QBO. It's free and you can go into the ProAdvisor tab and read about how to get certified.
This was very helpful. Thank you for putting it together. I appreciate it.
Here's an additional important comment. QB Desktop uses Internet Explorer for some of its functions. IE will be discontinued by Microsoft in the near future causing I don't know what problems. Those of us who want to hang on to the desktop version as long as possible may suddenly lose some or all functionality. I wish I knew for sure what will happen. Anyone have an update on this?
I wonder if they'll change to Microsoft Edge? I have been on the fence to upgrade to the new desktop with a subscription or online. On their website, it says that they're working on a fix.
Can I use QuickBooks desktop on a laptop computer?
Hi Alex -- Yes, you absolutely can.
What could possibly go wrong with cloud based accounting?
For Inventory Management and Accounting software please contact 7002957139 and also visit www.peasx.com
You can do e-mail us on
Sales@peasx.com
Are foreign currency gains/losses unavoidable?
Im a US LLC so my home-currency is USD.
If I have foreign-currency activity without converting to USD will I always have gains/losses? Let me explain:
Say I have a GST liability account (CAD). I make a sale in Feb and collect $1000 GST. The CAD/USD exchange is 0.80 so my balance sheet will show a GST liability of $800 USD. On Apr I remit this $1000 GST to the CRA, but the CAD/USD exchange is now 0.70 so my GST liability is now $100 USD. I'd have to DR GST liability $100 & CR curreny gain $100 and pay tax on it.
In this scenario, I recieved and remitted $1000 CAD to the CRA. I am being taxed on a gain I never realized. Is this simply unavoidable for transacting in foreign currency?
I have QuickBooks Online but I'm a small business with only one employee I would like to just purchase it outright what's the best one that also has payroll
Hi Richard, thanks for your message. QuickBooks Online is an ongoing subscription-payment platform. If you want to make a one-time purchase of the software, you'd need to check out QuickBooks Desktop. As far as payroll options, there are several options for both QBO and QBD. The one you pick depends on the bells and whistles you want. You can check out the QBO payroll plans and pricing here to see what's right for you: quickbooks.intuit.com/payroll/pricing/
I moved away from cloud based bookkeeping. Too slow. Pages have to refresh all the time and way too much lag time.
Unfortunately too many people don't know about this problem...which is real.
Is there a private message function? I have a comment that you might find embarrassing. (Something wrong with your photo.)
Hi Beth! You can email me at aj@learnbookkeepingtoday.com.
I like the desk top Version better, you can back up your data and have complete control of your books.
Where is the comparison??????!!
What don't you show us rather then just taking !
I don't like the Online / hosted versions - way too many data breaches these days .
Pretty much ONLINE is better and getting hype in 21 century.
QBO looks like an outdated accounting program from 1980. It is absolutely pathetic.
I came here looking for a review of desktop vs. Online, there was no break down of features or differences. You spent too much time blabbing about things that no one needs to hear and ZERO time reviewing key feature differences, NO ONE trying to decide between the 2 versions needs you to explain that QuickBooks is Accounting software . and the ignorant supposition that desktop is preferred by "tech or Change fearing" accountants was a big put off. There are plenty of people who prefer not to use cloud services, I am one of them, it has nothing to do with hesitancy towards the "NEW". I am not hating on your video here, this is feed back from the exact consumer you targeted with your video title.
Thank you!