QuickBooks Online is – how shall we say this gently? It is not universally loved. It was rebuilt “ from the ground up” and launched in its current form two years ago. It has all the advantages of cloud-based programs: it does not require an onsite server, it reduces the need for assistance from outside IT consultants, and it is accessible from anywhere on any device.
It can import company files from the desktop QuickBooks programs but is otherwise not particularly compatible or even very similar. It has fewer features and is simpler to use than the desktop versions of QuickBooks, with less accounting jargon.
The time for panic may come but it’s not right around the corner.īriefly, QuickBooks Online is a subscription-based online accounting service for small businesses. Of course, three months ago I would have said the same thing about Quicken, and that story had a surprise twist, but the two products have very different revenue models and different audiences. It’s going to cajole and persuade and harangue you to switch, but it’s not going to abandon the millions of people supporting the desktop version of QuickBooks – at least not yet. It’s obvious that Intuit wants to bail out of the desktop software business. If Intuit even hinted at such a thing, an army of thousands – nay, tens of thousands – of accountants and bookkeepers would storm Intuit’s corporate offices, waving pitchforks and howling for blood. The desktop versions of QuickBooks are not going away.
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It’s going to pressure you to give up the familiar desktop version of QuickBooks Pro that’s been running your business for years.įirst, a brief note to keep you from being unduly alarmed. It really wants you to use QuickBooks Online. Intuit wants you to use QuickBooks Online. Previously: Intuit’s Plans For Quicken And Quickbooks Aren’t What You Expect
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