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Compare QuickBooks Online With QuickBooks Enterprise
Intuit is a big name in the world of accounting, with several variations of QuickBooks software catering to different and, at times same segments of users. It has garnered popularity to such an extent that now its main competitors are its different software under the banner of QuickBooks. One such example is displayed below where we have illustrated the comparison between QuickBooks Enterprise vs QuickBooks Online as clearly as possible. Although both are warriors in their sphere, one certainly is a notch better than the other. Let’s find out which one:
Compare Chart of QuickBooks Enterprise vs QuickBooks Online
Below are some essential points on which Accounts Pro reviewed and ranked both software. Customers who want to compare other QB products can read Compare QuickBooks Products.
| Comparison | QuickBooks Enterprise | QuickBooks Online |
|---|---|---|
| Product Description | A complete, comprehensive solution for day-to-day and long-term accounting tasks fit, flexible, and reasonably priced for small to medium-sized businesses. The best part is as user-friendly and intuitive as previous editions of QuickBooks. | A perfect little accounting software version set up by Intuit for freelancers and small businesses. This integrated tool can be used to simplify complex accounting tasks and finish them in time for results. |
| Client Satisfaction | As per a survey done, about 95% of the clients of QuickBooks Enterprise are perfectly satisfied with the way their software functions, its tools, and the QuickBooks Enterprise technical support team. | This satisfaction number is a little low with QuickBooks Online software, around 90% to be exact, which is, however, not such a bad performance. |
| Mode of Payment | This software can be subscribed to with either a monthly payment plan or with a one-time annual payment. | QuickBooks Enterprise was created to aid small and medium-sized businesses in handling their complex accounting activities. |
| Devices Compatibility | Different OS and devices with which users can easily connect QuickBooks Enterprise are Windows, Mac, Linux, and web-based. For a successful setup of software, connect with experts through QuickBooks Enterprise technical phone support. | Different devices and OS with which QuickBooks Online is compatible are: Windows, iPhone / iPad, Android, Web Based, Mac |
| Popular Business Module | QuickBooks Enterprise was incepted to aid small and medium-sized businesses in handling their complex accounting activities. | On the other QuickBooks Online is one software that can be easily used by both small businesses and freelancer accountants and bookkeepers. |
In-Built Tools and Features
1. QuickBooks Enterprise: Some of the powerful features of QuickBooks Enterprise that are very different from QuickBooks’ online software features are listed below:
| Reporting & Finances | Sales & Customers | Purchasing & Vendors |
| Inventory | Security & Productivity Tools | Actionable insights |
| Field Service Management 1. Work Orders & Scheduling 2. Billing & Mobile Payment | Advanced Pricing 1. Quantity Discounts 2. Manufacturer Markdowns 3. Price Changes by Class | Payroll & Employees 1. Bin Location Tracking 2. Barcode Scanning 3. FIFO Inventory Costing 4. Serial Number or Lot Tracking 5. Multi-location Inventory |
| Automatic tax calculations | Automated online banking | Banking data synchronization |
| Create custom invoices | Create and manage invoices | Create estimates |
| Dashboards and feeds | Export data to Excel | Enter and manage bills |
| Free trial | Multi-device document sharing | Mobile receipt capture |
| Profit and Loss and Balance Sheet reports | Smartphone compatible | Support for Mac |
| Track sales and expenses | Track payments | Desktop Enterprise Software |
| Online backup and data storage | US-based QuickBooks Enterprise customer support | Mobile application facility |
| Pay online link in invoices | Profit and Loss and Balance Sheet reports | Print checks |
| Automated product upgrades | Advanced Reporting |
2. QuickBooks Online: QuickBooks Online offers features such as customizable reporting, sales and customer management, expense tracking, invoicing, online payment options, profit and loss reports, balance sheet generation, mobile receipt capture, and data synchronization. It enables users to track sales, manage expenses, create estimates and invoices, print checks, and access financial data on the go via smartphone compatibility.
This comprehensive comparison highlights the key differences and features of both QuickBooks Enterprise and QuickBooks Online, assisting users in making informed decisions based on their business requirements and preferences.
Frequently Asked Questions
What’s the primary difference between QuickBooks Enterprise and QuickBooks Online?
QuickBooks Enterprise is a desktop-based software tailored for medium to large-sized businesses, offering extensive features like advanced inventory management and enhanced reporting. QuickBooks Online, on the other hand, is a cloud-based solution suitable for smaller businesses or those needing remote access, with features geared towards simpler accounting needs.
Can I access QuickBooks Enterprise and QuickBooks Online from multiple devices?
QuickBooks Enterprise supports various operating systems like Windows, Mac, and Linux and can be accessed through web-based platforms. QuickBooks Online is compatible with Windows, Mac, iPhone/iPad, Android, and web-based systems, allowing users flexibility in accessing their accounts from different devices.
How does the pricing structure differ between QuickBooks Enterprise and QuickBooks Online?
QuickBooks Enterprise typically offers both monthly subscription plans and annual payments, providing users with options for payment flexibility. QuickBooks Online, however, primarily operates on a monthly subscription basis, making it suitable for businesses that prefer ongoing payment models.
What level of customer satisfaction can I expect from QuickBooks Enterprise and QuickBooks Online?
QuickBooks Enterprise boasts a high satisfaction rate, with around 95% of users expressing contentment with the software’s functionality and the support provided by the QuickBooks Enterprise technical team. QuickBooks Online, while still satisfactory for many users, tends to have a slightly lower satisfaction rate, averaging around 90%.
Which businesses are best suited for QuickBooks Enterprise and QuickBooks Online?
QuickBooks Enterprise is designed to meet the complex accounting needs of medium to large-sized businesses, offering robust features such as advanced inventory management and customizable reporting. QuickBooks Online, on the other hand, caters more to small businesses and freelancers, providing simpler accounting solutions accessible via the cloud and offering features like mobile invoicing and expense tracking.
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