Which QuickBooks Solution Suits Your Needs?
About QuickBooks Intuit rolled out QuickBooks software in the year 1998. QuickBooks has over 60% of the market share of accounting software in the world. QuickBooks software is equipped with tools to manage customers, vendors, finances, and inventory. It can integrate with more than 200 add-ons. QuickBooks is available both as a desktop-based application and cloud-based solution.
Choosing The Right Solution QuickBooks has evolved over the past few decades and came forward with multiple solutions to suit different industries and business types. It can be divided broadly into two parts- cloud-based and desktop versions. Selecting the right one is crucial for your business. Check out the following solutions to understand which suits your needs.
QuickBooks Desktop QuickBooks offers 3 main versions of the desktop application, namelyQuickBooks Pro, QuickBooks Premier, and QuickBooks Enterprise. Each software is designed as per the various features required by different organizations.
QuickBooks Pro QuickBooks Pro is suitable for small-sized businesses with 1 to 3 concurrent users for the application. It is known for its user-friendly and easy navigation system. Also, it is equipped with basic essential accounting tools to ease everyday tasks.
QuickBooks Premier QuickBooks Premier is suitable for mediumsized businesses with around 5 users for the application. It offers industry-specific solutions through its 5 variants loaded with features required for businesses, including wholesale, retail, and manufacturing.
QuickBooks Enterprise QuickBooks Enterprise is a one-stop solution that can accommodate up to 40 concurrent users. It offers all the advanced features including advanced reporting, inventory management, payroll service and more.
QuickBooks On Cloud QuickBooks can be used on cloud servers for better mobility and flexibility. There are two ways to achieve the sameQuickBooks Hosting, or QuickBooks Online. Here is a brief description of both of these solutions-
QuickBooks Hosting QuickBooks Hosting is a third-party service wherein the desktop version of the application is hosted on cloud servers of the service providers. It offers anytime access, multi-user access, scalability, a cost-efficient budget, and enhanced security.
QuickBooks Online QuickBooks Online is a SaaS-based solution developed by Intuit. It offers all the basic features for accounting. It is also hosted on cloud servers but has considerably lesser functionalities than other QB counterparts.
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