Online Accounting - Do You Need QuickBooks Help in Deciding What's Better for My Business,QuickBooks Online Plus or QuickBooks Pro using remote access ?

By Sandor Lenner,CPA,MBA

The advantages and disadvantages of using QuickBooks Pro remotely and using QuickBooks Online Plus through the world wide web will be discussed in this article.This article has been written to provide QuickBooks help and to assist a small business in understanding the differences in these two QuickBooks products. Intuit, the manufacturer of the QuickBooks products, offers a scaled down version of QuickBooks Online Plus, which is called QuickBooks Online. This article assumes that most small and mid size businesses would prefer the QuickBooks Online Plus version because of its additional functionality and therefore,the scaled down version QuickBooks online is not considered for purposes of this analysis. Generally speaking, remote access provides the ability to remotely access a distant computer from a local computer. Some mid size and larger corporations use a VPN, commonly known as a virtual private network. With a remote desktop a graphical interface from a distant computer is reflected on a local desktop computer. The desktop interface provides the same screen view as one would see if they were operating the same computer at a remote location. The functionality is the same for both computers when using remote access. Online accounting is defined as processing of accounting information through the World Wide Web. Hopefully, this provides a quick summary of remote access and online accounting. Now we can provide QuickBooks help by addressing the major differences between these two small business accounting QuickBooks products, - QuickBooks Pro and QuickBooks Online Plus.

Generally speaking, QuickBooks Pro with remote access gives you access to your accounting data while the QuickBooks Pro and data resides on your server in a different part of your office or any other wired remote location. Whereas QuickBooks Online Plus is a web enabled accounting package providing many useful online accounting features and functions. It is important to note that QuickBooks Online Plus's inability to handle inventory is a major drawback for those businesses that have inventory while for those businesses that do not have inventory the drawback is not relevant. The advantages and disadvantages of QuickBooks Online Plus as compared to QuickBooks Pro is analyzed below.

The advantages of QuickBooks Online Plus as compared to QuickBooks Pro with remote access are summarized and ranked by level of importance as follows:

1. No wired network required. You can connect different departments or offices in multiple locations or from home as long as you have WIFI.

2. Includes up to 3 simultaneous users plus your accountant. The cost to add another 25 users is a little more than $3 per month per user

3. The Intuit servers back up each day off site

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

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

The disadvantages of QuickBooks Online Plus as compared to QuickBooks Pro with remote access are summarized and ranked by level of importance as follows:

1. Does not handle inventory and purchase orders, this rules out retail, manufacturing and distribution type companies from using QuickBooks Online Plus

2. Only one currency can be used

3. Only one QuickBooks window at a time can be opened in QuickBooks Online Plus

4. There is no dashboard or company snapshot

By using the World Wide Web,you as the owner/employer, investor, employee can all collaborate, share, communicate,and analyze the daily accounting information and reports, since everyone receives in real time the same online accounting information. Now,your CPA or accountant can provide QuickBooks support by responding with with faster answers to your important accounting and business questions by accessing QuickBooks Online Plus through the World Wide Web and also correcting your mistakes in real time. You can also outsource selected online accounting functions with QuickBooks Online Plus. If you chose to do this, please make sure that you implement a control process to monitor the outsourced person(s) work.

The Pros for using QuickBooks Online Plus as compared to QuickBooks Pro with remote access are impressive and assuming there is no need for inventories or multiple currencies, then QuickBooks Online Plus is a good choice for those with small business accounting needs.

Notwithstanding the above recommendations and before you make any decision it's important to meet with your CPA or accountant for QuickBooks help,to perform an accounting needs analysis of your business. No matter what you do, it's also important to test the processing speed of your computer to determine whether the QuickBooks Online Plus as compared to QuickBooks Pro with remote access is best suited for your particular situation. You should also observe and test how your employees manually enter the day to day accounting information to evaluate the speed by which the employees are able to enter the data and the computer/web performance and speed of your significant online accounting processes i.e. billing customers,recording deposits,paying vendors,etc..

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