QBO vs. QB Desktop

Ever see a turtle on a fence post and wonder how it go up there?

 

Presenter: Stacy Kildal

• Certified QuickBooks Advanced ProAdvisor

• Certified QuickBooks Enterprise Solutions

• 6 Years teaching QuickBooks nationally to end users and accountants/consultants

• Charter Member, Intuit Trainer/Writer Network (TWN)

• CPB, Certified Professional Bookkeeper

• Co-Host, Radio Free QuickBooks

Waterford, Michigan

www.KildalServices.com

www.RadioFreeQB.com

Presenter

Woody Adams is an Intuit Product Specialist, Certified ProAdvisor, Enterprise and Point of Sale Certified, and co-host of Radio Free QuickBooks.

Another QB Resource

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39%

QuickBooks Desktop

QuickBooks Online

Of our new QuickBooks users start online

D

AnnouncementsNew Geographies

From 3 to ~150 Countries

New Data Centers

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Let’s Recap!Why QuickBooks Online? What are The Benefits?

• No IT Guy• Wider Geography Served• No Data Backups• Secure• Always on Access• Affordable• Easy Collaboration• Stress Free Data Sharing

• Work Anywhere!• Reporting at Your Fingertips

• Reduce Data Entry• Save Time

• Focus on Planning & Analysis• Integrated Solutions

• Specific Tools Built to Help Support

• Add Ons to Help Enrich & Grow

QuickBooks Online vs. QuickBooks Desktop

QuickBooks Online has several advantages over desktop editions:

• Navigation– Multiple tabs support dual monitors

• Invoice/Sales Receipt Automation• Delayed customer charges/billing• Anywhere, anytime access• No software to backup or upgrade• No need for transferring data via Accountant’s Copy files• Automatic email reporting• Low cost solution for non-traditional offices – no need for pricey

hosting services or multiple user licenses• Unlimited report reader and time tracker users• Income List/Money Bar• Downloaded Transactions• More than One AR/AP per JE

QuickBooks Online as a Leader

• Integrated payroll & inventory• Integrated Merchant Services (with Mobile Payments & Sales Tax) • Built in Time Tracking• Automatic email reporting• Income List for managing workflow• Unlimited report reader and time tracker users

The world is moving to the cloud(whether we like it or not!)

QuickBooks Online has the tools to enable us to get there

QBDT vs. QBO

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QuickBooks Desktop has several advantages over QBO that are important to consider:

• Sales Orders• Tracking Current Availability• Build Assemblies• Average cost inventory valuation• Estimate to Actual Detail reporting—even by line item/payroll• Change orders on estimates• Price levels, Billing Rate levels• Progress Billing/Invoicing/Partial Receiving • Unit of Measure• Multi-currency• Attaching documents to forms

AnnouncementsRecent QBO Improvements

Ongoing: Performance & uptime improvements (99.9% over the last 6 months)

March: personalized emailsMarch: convert estimate to invoiceMarch: IPN integration w/ statementsMarch: new homepageMay: improved reports navigationMay: improved my-account pageJuly: Simplified Downloaded TransactionsJuly: Money Progress Bar

Just Released

Today: Performance Improvements (most pages load in <2 seconds)Today: From 5,000 FIs, to now supporting 12,500 FIsToday: Multiple sales tax rates, and new sales tax reporting (#1 Accountant request)

Coming Soon

1096 in QBOSimple 3 click and 3 minute migration from desktop to QBO… Simple trialOnline Banking will support 18,000 FIs

QBO Certification for ProAdvisors

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QBO Cert Goes Live Monday, 10/29

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QuickBooksOnline

QBOA

TransactionPro

Importer

Avalara

SOS Inventory

Mavenlink

Method CRM

The QuickBooks Online EcoSystem