QB Online Edition vs Quickbooks Pro 2009

QuickBooks Online Plus is a web enabled accounting package with some advantages and some disadvantages, specifically less functionality for one of the most important parts of a business namely, no inventory capabilities.

Some of the benefits of QuickBooks Online are :

1.No wired network required – you can connect with WIFI from anywhere in the world that has internet access and you can connect different department or offices in multiple locations.

2. Includes up to 3 simultaneous users plus your accountant.

3. Offsite daily backup at Intuit servers

4. Automatic software updates and QuickBooks help support included in cost

5. Quicker and simpler sign in – Just press your Web shortcut key

Some of the major drawbacks of QuickBooks Online are summarized as follows:

1. Does not handle inventory and purchase orders, this rules out retail, manufacturing and distribution type companies

2. Lacks multi-currency functionality

3. Unable to open multiple QuickBooks windows in QuickBooks

4. No Company snapshot/dashboard in one desktop view

The differences between QuickBooks Pro and QuickBooks online are compared by Intuit at this URL

http://oe.quickbooks.com/compa....

Please feel free to visit my blog on useful online accounting tips for small businesses. The URL is http://sandylenneronlineaccountingfinancial.blogspot.com/

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