A comparison between cloud based QuickBooks and desktop installed QuickBooks

​When it comes to accounting solution then most of the businesses prefer going with advanced and useful QB accounting solutions. You should know that this is one of the most advantageous and feature-rich accounting software that is famous all over the world. 

You will be surprised to know that in the U.S alone, QuickBooks has more than 83% of market share and it is growing in other countries as well. This advanced accounting software is very easy to use and it allows you to take advantage of the best features of accounting with maximum automation.
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But if you are using this advanced accounting software by installing it on your desktop then you are surely missing a big part of the modern accounting solution. In order to use this advanced accounting software at its peak and in order to make the most out of it, you will have to use QuickBooks desktop cloud hosting. In order to shift your accounting software on the cloud, you will have to choose the best cloud hosting provider and then they will shift your data along with your accounting software on the cloud. There are many advantages of shifting to the cloud platform but if you are still stuck with desktop installed QuickBooks solution then here is a comparison between both the available solutions on different parameters.

Security

If you will compare both the solutions on the basis of the security of your financial data then the cloud-hosted solution will surely be way ahead of the traditional desktop installed solution. You should know that in the desktop installed solution, you will have to store your sensitive financial data on the local hard disk and this way you will make your financial data vulnerable to different types of data breaches.
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But if you will be using the cloud-hosted version then you will never have to worry about the security or safety of your financial data as cloud is considered as the safest platform to store sensitive business information. The cloud hosting comes with various layers of security that make your data ultra-safe and away from any type of cyberattack and data breaches. Even the smartest criminals will find it very difficult to breach into the security system of cloud.

Uptime

All the businesses have now realized that continuity is the key to success in the market and business workflow is no exception to this trend. But even in the case of uptime, the modern cloud-hosted solution in the form of cloud-hosted QuickBooks outpaces the traditional desktop QB. When you will be dealing with the traditional solution then you will face frequent downtime due to system issues or other issues that are very common with the traditional solution.
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But when you choose the modern and advanced cloud-hosted solution then words like downtime will become meaningless in your business. Most of the reputed and admired cloud hosting providers offer 99.95% of uptime and this means that in a whole year, you will have to face only a few minutes of downtime. So, the amount of downtime that you will face in the year will become almost negligible. With no interruption in work and with more continuity, you will surely be able to increase your productivity.

IT maintenance

When you are running a small business then dealing with IT maintenance can turn out to be a big hassle for you as you already have more on your plate. With the traditional accounting solution, you will have to take care of the responsibility of keeping the system and application up and running and this is why small businesses find it very difficult to deal with IT maintenance, especially in the case of a desktop installed software solution.
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But when you will go with cloud hosting services for QuickBooks then you will never have to worry about IT maintenance. You should know that popular QB hosting providers offer round the clock customer support without charging even a single extra dime from you. You should know that this service offered by the cloud hosting providers is free of cost and with this, you can offload all your IT hassles on the cloud hosting provider. You can also focus on your core job instead of worrying about IT maintenance.

Accessibility

There is no doubt in the fact that the cloud-hosted accounting solution is way ahead of the traditional desktop installed accounting solution in terms of accessibility. When you will use the traditional accounting solution then you will have to be dependant on your office desktop in order to access your file and the data stored in it but that is not the case with the cloud-hosted solution.

When you will be using the cloud-hosted accounting solution then you will be able to access your accounting software and the data stored in it from anywhere and at anytime.
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So, after looking at the comparison, it is very clear that the QB on the cloud solution is much better than the traditional business solution. Move to cloud hosting solution before you are in over your head.