I will admit I was never a huge fan of QB Online.

In its early years it sported limited capability and a frustrating user interface.  However the newest version has become so robust that I now recommend to most of my clients. 

Here are some reasons why:
 

• Real time. This is a huge benefit when you are utilizing outside support such a bookkeeper or accountant.  No files to upload and move back and forth.
• Works on both Mac and PC – so if you use a Mac but your bookkeeper uses a PC, it’s not a problem.
• Easy invoicing. QB Online allows you to easily email your invoices.  While the regular versions of QB do this as well I find the online is fast and easy.
• Multi-user access is included.  All QB versions offer multi-user licenses for an additional fee, however with QB Online Basic you get 1 user plus your accountant/bookkeeper and with the QB Plus you are allowed 3 users plus your accountant/bookkeeper.
• Access anytime from any computer with internet access.
• User activity tracking. The admin can see what all users have been doing on the file.Class tracking – available on the QB Online Plus.  Very helpful when you have multiple departments and are interested in tracking profitability of each department as well as overhead.
• Budget tracking – also on the Plus.  Ability to create a budget based on historical data.  Tracks actual version budgeted so you always know where you are financially.
• Cost – QB Basic is $9.95 per month and the QB Plus is $19.95 per month.

Note: If your business needs to track inventory you will need to be using the standard Pro or Premier versions.