QuickBooks Desktop has been helping businesses grow since the early 1990’s. As it has been around longer than QuickBooks Online, it has more features and is a more powerful accounting tool, particularly when managing large amounts of inventory and job costing.
There are many gaps in the features of QuickBooks Online and QuickBooks Desktop. The best way to find out what is the right version for your business is to look at the features that QuickBooks Desktop has and what QuickBooks Online does not. Then ask youself “Is there anything there that I can’t live without?”
If you can, QuickBooks Online is for you. However, if there is something in QuickBooks Desktop that you need, see if there is an Online app available. If there is, ask yourself these two questions: will it work in this country and what is the cost? If there is a negative on either of these points, use the desktop version.
If you still can’t find the right answer, consult with either your accountant or bookkeeper.