QuickBooks Online vs Desktop: Which Is Right for You in 2024?

purchase quickbooks desktop

Add in a new pricing structure starting with the launch of QuickBooks Desktop 2022 products, and it only gets more complicated. All QuickBooks Desktop Pro, Desktop Premiere, Mac, and Desktop Enhanced Payroll products, excluding QuickBooks Desktop Enterprise, will no longer be available to new users after September 30, 2024. Existing QuickBooks Desktop Pro, Premier, Mac, or Enhanced Payroll users will not be impacted. Security updates and product updates will still be released for all users who purchase a QuickBooks Desktop Plus or QuickBooks Desktop Payroll subscription before the cutoff date. Because QuickBooks Online is connected to the cloud, you can work from any device with an internet connection. Reports are important for managers, owners, and decision-makers.

Payment gateways allow you to accept payments from your customers. Common payment processing options include PayPal, Stripe, Square, and Authorize.Net. QuickBooks Pro offers 14 payment processing integrations, or you can use QuickBooks Payments. QuickBooks Premier and Enterprise offer significantly fewer payment gateways, so you’re basically looking at QuickBooks Payments. Most integrations come with additional monthly subscription fees, so be sure to account for these extra costs when calculating how much QuickBooks is going to set you back.

  1. You can switch from QuickBooks Pro Plus to QuickBooks Premier Plus or go from QuickBooks Premier Plus to QuickBooks Enterprise — whatever your heart desires (and your business requires).
  2. The software must have enough reports that can be generated with a few clicks.
  3. Ease of use gets the highest weight in this case study because we want to give more credit to easy accounting software.
  4. Stay in sync with the QuickBooks mobile app and work where you want.
  5. The A/P section focuses on vendor management, bill management, bill payments, and other payable-related transactions.
  6. Existing QuickBooks Desktop Pro, Premier, Mac, or Enhanced Payroll users will not be impacted.

QuickBooks Enterprise Platinum

With QuickBooks Desktop, you must make an Accountant’s Copy of your data file and send it to your ProAdvisor. The copy will allow you to continue to work on transactions in the current period while your accountant makes adjustments to past periods. It’s an acceptable system but isn’t nearly as convenient as sharing your books through QuickBooks Online. QuickBooks Online is generally easier to use than QuickBooks Desktop as it has a more streamlined navigation menu.

Additional QuickBooks Enterprise Costs

QuickBooks Online files are also easier to share because you only need to invite an accountant to your company file, and they’ll have 24/7 access to your books. Another key difference between QuickBooks Online and Desktop is that the former allows you to track your activity, such as income and expenses, by class and location. This is useful for businesses with multiple departments or divisions and those that provide various types of services. Meanwhile, QuickBooks Desktop allows you to set up classes, but you can’t track your income and expenses by location. If you previously purchased QuickBooks Desktop licensing, you can continue to use the software as long as you like. However, be aware that support for your product will end three years after its release.

Level Up Your Business Today

purchase quickbooks desktop

The Salesforce CRM connector is a service provided by DBSync and is available as an add-on subscription to QuickBooks Desktop Enterprise Diamond. Advanced Inventory is included in the Platinum and Diamond subscriptions only. Advanced Reporting is included in all QuickBooks Desktop Enterprise subscriptions. Expand your functionality for even more productivity across your business. Each of these versions gives you access to specialized features and reports at no additional cost. You can calculate how much your QuickBooks Enterprise software will cost on the Intuit website by inputting the number of users you need.

QuickBooks Desktop Payroll requires a supported version of QuickBooks Desktop Enterprise updated to the most current maintenance release. QuickBooks Desktop Enterprise supports over 100,000 employees, customers, vendors and other names combined. However, performance may slow when processing files containing more than 250 employees.

In evaluating pricing, we considered the billing cycle (monthly or annual) and number of users. On the other hand, QuickBooks Enterprise involves a more complex setup due to its extensive feature set designed for larger businesses. You need to properly install and set up the software, which often requires IT support for proper configuration.

QuickBooks Desktop is preferable for companies wanting to manage their books without an internet connection. It’s also the better option for businesses requiring complex inventory accounting features. We went to user review websites to read first-hand reviews from actual software users. This user review score helps us give more credit to software products that deliver a consistent service to their customers.

Terms, what is the journal entry to record a gain contingency in the financial statements conditions, pricing, subscriptions, packages, features, service and support options are subject to change at any time without notice. In addition to the features offered by the Gold and Platinum plans, QuickBooks Enterprise Diamond adds Assisted Payroll and QuickBooks Time Elite. A Salesforce CRM Connector is available for this plan for an additional monthly fee and setup fee.

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