QuickBooks Hosting refers to the installation of the QuickBooks Desktop version on the network, which is hosted by a third-party cloud provider over the internet to provide access to the data or files via a web browser from anywhere. Even though it offers many benefits, it’s important to explore all the options to ensure that the decision is right for the company. Intuit has taken many steps to move its customers to QuickBooks Online. While QuickBooks has been around for years, it has recently achieved traction with numerous small business owners for its customizable and feasible tools. QuickBooks Online is an ideal solution for service-based businesses that do not have complicated invoicing requirements or don’t need inventory tracking options.
QuickBooks Online differs significantly from the desktop version of the software in terms of user interface and feature-set. It is a cloud-based financial management software system that helps businesses manage their finances. QuickBooks OnlineĬiting the huge dependency on the cloud among businesses, Intuit developed a cloud-based version of QuickBooks, called QuickBooks Online. We will lay down some of the facts for you. However, when it comes to implementation, many financial professionals are confused about which one is better for their type of process. Presently, there are two modes of using QuickBooks on the cloud – QuickBooks Online and QuickBooks Hosting that is widely used by businesses nowadays. However, with the increasing adoption of cloud technology, businesses are actively looking for a cloud-based option for QuickBooks. The software can easily integrate with other applications and allow companies to manage their finances. Accountants, CPAs, and small business owners have become more efficient, stable, and productive with the adoption of QuickBooks software for their day-to-day financial tasks such as invoicing, billing, and time tracking.