Your boss asks you whether or not you think the company should move from the desktop version of Quickbooks to Quickbooks online. You are asked to research the pros and cons of both options -- provide your lists of pros and cons and make a recommendation for your company based on your research.  

You will find what you requested in the explanation area, I hope I have been able to help you. I wish you a lot of success!

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Step-by-step explanation

QuickBooks Online
 

QuickBooks Online is Intuit's cloud-based accounting product. QuickBooks Online is designed specifically for small businesses; however, the new QuickBooks Online Advanced plan also makes the software scalable for larger businesses. The software offers a strong feature set, strong accounting, online payroll, attractive invoices, 650+ integrations, and a unique loan feature.
 

Pros
• Cloud-based
• Easy to use
• Monthly prices
• Strong features
• 650+ integrations
• Operates with true double entry accounting principles and has both accumulation and cash accounting
• When it comes to accounting, it offers a bookkeeping service called QuickBooks Live Bookkeeping, where you can pay for professional support from QBO certified accountants and CPAs.
• With regard to billing, it facilitates the creation of orderly invoices for customers.
• QuickBooks Online offers up to 80 reports depending on the plan you choose.
• You have a loan service called QuickBooks Capital.

Cons
• Customer Support
• More expensive than other products for SMEs
• Fewer features than desktop
• No sales orders
• Limited by Internet
• Rental use
• A company file
• Company file stored in Intuit
• The payroll function must be purchased separately for $ 45 per month

QuickBooks Desktop
 

QuickBooks Desktop is accounting software, released in 1992. Each desktop version of QuickBooks offers amazing accounting tools and extensive features, including expense tracking, budgeting, and job costing, 200 integrations, and positive reviews of the customers.
 

Pros
• Strong features
• Traditional accounting
• Potentially safer
• 200+ integrations
• Full use of the software
• A payment
• Software ownership
• Various company files
• You have actual possession of the company's file
• Operates with true double entry accounting principles and has both accumulation and cash accounting
• Allows you to manage and track leads and contacts.
• QuickBooks Desktop Pro has 130 reports.
• Regarding payroll, if the business chooses QuickBooks Desktop Pro, they can purchase a payroll add-on starting at $ 29 / mo. However, if you choose to purchase QuickBooks Desktop Enterprise, that software will come with enhanced payroll built in.
• You have the option of sell orders

Cons
• Windows only
• Customer Support
• No remote access or mobile apps
• Expensive license structure
• Fewer automations than QBO
• Invoices are messy, out of date, and much more difficult to personalize.
• The basic desktop version does not have a built-in payroll.

Recommendation:
I would choose the desktop version.
 

Each company has different needs that can lead them to choose one or another option, as it is very important to know which are the characteristics that best suit the functions and needs of a particular company, as seen above most of the accolades are directed towards the desktop version because it is the one that provides greater security in terms of stored information, archiving capacity and prices, however, the online version also receives praise regarding the functions it offers, including the Loan option that is the most commented on, in addition to the possibility of accessing information anywhere with the only need for an internet connection, which is a novel option for those who want to work from home, yet it also receives various criticisms which surpass the desktop version, even so I consider that this online version offers the company the possibility of retrieving information in case of accidents with the equipment that prevents data recovery, which I consider to be a very valuable feature in favor of the simple fact that the information is in the cloud and it is these diversification options that position it as the most expensive option, but We must take into account that in a digital era focused on teleworking, this is the most suitable option at this time. A company must always measure the disbursement capacity looking for the option that allows it to obtain greater profits and benefits, for which I consider that the desktop version is more suitable, you can be more accessible, it is not difficult to use, you do not need internet and it is adjustable to small and large companies that have complex accounting needs and require more personalized functions, although it can continue to be refined, the online version should improve much more.