QuickBooks accounting software built for Micro, Small and Medium Enterprises (MSMEs). It has 80% market share of SMEs. QuickBooks has three different kind of products, and each product has unique features and versions. It also has QuickBooks Apps which helps corporate to send and received payment easily. QB Apps also has Point of sale which is cloud based work, and it can handle around 50 employees check and deposits.
General the people who need to file a Schedule C used QuickBooks Self-employed. It works best for individuals like people who do freelance work in accounting, analyst, bookkeepers, consultants, etc. It helps them to create the invoices for customers, tracks sales and inventories, organize reminders for the due date of taxes, has instant QuickBooks Customer Support and it departs the expenses of personal and business individually.
QBO has rare features which makes it more convenient for entrepreneurs and owner of Small and Medium Enterprises. The best things about QuickBooks Online is that it allows multi-user services which means you can work with your team of 5 people on QBO at the same time and even from anyplace. It enables users to import their data from different QB. It offers you to handle your invoices, bills easily, pay to contractors any time, and it also has toll-free services of QuickBooks Technical Support which works all day and night.
QuickBooks Desktop has initially introduced in the 90s and after that Intuit made lots of update in the software. The first thing you need to know about QuickBooks Desktop is that you can't get a 30-day trial just as QuickBooks Online, you have to buy upfront with full price and you can own it (Lifetime) at one-time purchase. To use the Desktop version, you can use it at any time as long as your laptop is fully charged. All the business transactions of invoices, receipts or bills can be managed manually, and QuickBooks Desktop supports one user at a time. It saves you from paying the monthly charge and keeps your financial records from being hacked from the online threat.