Carlsbad Bookkeeping & Tax Inc.

1902 Wright Pl, Suite 200

Carlsbad, CA 92008

760 585-9495

info@carlsbadbt.com

  Navigation
  Home  
  QuickBooks  
  Xero  
  Payroll  
  Income Taxes  
 

Expertise

 
 

About Us

 
     
 

QuickBooks OnLine

 
 
QuickBooks OnLine is a cloud based version of QuickBooks. It is not a replica of any of the desk top versions of QuickBooks. It has almost all the features of the desk top versions plus some features unique to QuickBooks OnLine. However, QuickBooks OnLine has a number of short comings which are described below. It would be an ideal choice for a business that is out and about and needs to access their accounting system from remote locations. QuickBooks OnLine may be accessed from a desktop or notebook computer, a tablet or smart phone. The desk top version may only be installed on two computers with one user license and it can only run on Windows or Mac OS. With QuickBooks OnLine, one could create an invoice, e-mail the invoice to their customer and swipe a credit card where ever the customer is.
QuickBooks OnLine allows the tracking of inventory value by the FIFO method (first-in, first-out). The only inventory valuation method in the standard desk top versions is average cost. The top end Enterprise version of QuickBooks does offer the FIFO valuation method. If you have a need for FIFO inventory valuation, then QuickBooks OnLine may be a good choice.
With each user license, one user at a time may access QuickBooks OnLine. There are a few exceptions. Remote employees may enter limited data. You may allow full access to your accountant or bookkeeper at no cost.
If you do not have a need for remote access or FIFO inventory, QuickBooks OnLine may not be an ideal choice. As with many cloud applications, every time you hit the enter key, there is a slight delay. If you are entering just a few transactions, it is not an issue. When you start entering transactions with a typical small business volume, it can become annoying. The monthly fees for QuickBooks OnLine in a year could be more than the cost of a Desktop version. The lowest level version is too simplistic for most businesses.
Intuit updates QuickBooks OnLine regularly which would normally be a positive. However, you may find that what had been routine for you has changed and requires learning how a process now works.
QuickBooks, Accounting, Income Taxes, Xero
1902 Wright Place Suite 200

Carlsbad, CA 92008

info@carlsbadbt.com

QuickBooks Advaced Certified ProAdvisor QuickBooks OnLine Advaced Certified ProAdvisor
Xero Certified Advisor
Copyright 2015
Privacy Statement
Carlsbad Bookkeeping & Tax Inc.
1902 Wright Place, Suite 200

760 585-9495     info@carlsbadbt.com

                 
 

Home

QuickBooks Xero Payroll Income Taxes

Expertise

About Us

 
                 
 

QuickBooks OnLine

 
 
accounting software
QuickBooks OnLine is a cloud based version of QuickBooks. It is not a replica of any of the desk top versions of QuickBooks. It has almost all the features of the desk top versions plus some features unique to QuickBooks OnLine. However, QuickBooks OnLine has a number of short comings which are described below. It would be an ideal choice for a business that is out and about and needs to access their accounting system from remote locations. QuickBooks OnLine may be accessed from a desktop or notebook computer, a tablet or smart phone. The desk top version may only be installed on two computers with one user license and it can only run on Windows or Mac OS. With QuickBooks OnLine, one could create an invoice, e-mail the invoice to their customer and swipe a credit card where ever the customer is.
QuickBooks OnLine allows the tracking of inventory value by the FIFO method (first-in, first-out). The only inventory valuation method in the standard desk top versions is average cost. The top end Enterprise version of QuickBooks does offer the FIFO valuation method. If you have a need for FIFO inventory valuation, then QuickBooks OnLine may be a good choice.
With each user license, one user at a time may access QuickBooks OnLine. There are a few exceptions. Remote employees may enter limited data. You may allow full access to your accountant or bookkeeper at no cost.
If you do not have a need for remote access or FIFO inventory, QuickBooks OnLine may not be an ideal choice. As with many cloud applications, every time you hit the enter key, there is a slight delay. If you are entering just a few transactions, it is not an issue. When you start entering transactions with a typical small business volume, it can become annoying. The monthly fees for QuickBooks OnLine in a year could be more than the cost of a Desktop version. The lowest level version is too simplistic for most businesses.
Intuit updates QuickBooks OnLine regularly which would normally be a positive. However, you may find that what had been routine for you has changed and requires learning how a process now works.
QuickBooks, Accounting, Income Taxes, Xero
QuickBooks Advaced Certified ProAdvisor QuickBooks OnLine Advaced Certified ProAdvisor Xero Certified Advisor 1902 Wright Place, Suite 200, Carlsbad CA 92008
Copyright 2015 Privacy Statement