We are about working on data migration for one of our retail clients in Lagos. They have been running their financials on the Pro version of QuickBooks for the last 5 years and want to upgrade/migrate QuickBooks financials to the cloud, but management is contemplating whether to subscribe to the online version or the Enterprise Cloud Solution.
The current version of QuickBooks Pro on their systems is a desktop application that does not require license renewal; the data is stored on the host laptops and does not require an internet connection before users can launch and update records.
However, as a business expands to different locations with management requesting for centralization and real-time monitoring of transactions from the head office, the desktop version except there is a wide area network for remote access, may not be scalable. This calls for a cloud solution which will as well preserves all the previous records.
QuickBooks currently offers two cloud solutions: the Online Version and the Enterprise Cloud Solution.
Both platforms are designed to help business owners monitor transactions from anywhere – you do not have to be in the office to access the company’s data, to enter transactions or to generate a report!
On how to access your data; the online version is accessible via a web URL provided by Intuit after your subscription is completed, while the Enterprise cloud version leverages on “Right Network”- the official QuickBooks hosting partner.
The online versions are available in three (3) different packages: Basic, Essential and Online Plus, while the Enterprise Cloud Solutions comes in Silver, Gold or Platinum Version.
See – More Features of QuickBooks Pro, Premier and Enterprise
QuickBooks Online Packages For Businesses You Should Know.
- Simple Start
- Track income & expenses
- Capture & organize receipts
- Maximize tax deductions
- Invoice & accept payments
- Run basic reports
- Send quotes
- Track sales & sales tax
- Essential
- Track income & expenses
- Capture & organize receipts
- Maximize tax deductions
- Invoice & accept payments
- Run basic reports
- Send estimates
- Track sales & sales tax
- Manage bills and expenses payments
- Multiple users (up to 3)
- Online Plus
- Track income & expenses
- Capture & organize receipts
- Maximize tax deductions
- Invoice & accept payments
- Run advanced reports
- Send estimates
- Track sales & sales tax
- Manage bills and expenses payments.
- Multiple users (5+)
- Track projects
- Track inventory
Industry Recommendations: The online version is suitable for service and inventory-based businesses that would like to centralize their accounting systems such as businesses in the service sector, constructions, wholesale, retail, online stores, non-profit organizations, travels and hospitality, etc. Kindly note that this version is not recommended for manufacturing firms or businesses that assemble items together.
For pricing plan and enquiries about your business, please connect with BigResources Solutions professionals via +2348105090001 or +2348084219399.
See – QuickBooks Online Pricing Plan
QuickBooks Enterprise Cloud Versions For Businesses You Should Know.
- Silver
- QuickBooks Desktop Enterprise software
- Advanced Reporting
- Gold
- QuickBooks Desktop Enterprise software
- Advanced Reporting
- QuickBooks Desktop Payroll Enhanced (it is not adaptable to Nigeria tax system)
- Platinum
- QuickBooks Desktop Enterprise software
- Advanced Reporting
- QuickBooks Desktop Payroll Enhanced (it is not adaptable to Nigeria tax system)
- Advanced Inventory4 Advanced Pricing
Industry Recommendations: As the name implies, the Enterprise Cloud Solutions is for inventory based firms with multiple stores or manufacturing outfits that are looking for a robust cloud-based enterprise software which ensures a simple and an efficient accounting system.
See – QuickBooks Enterprise Pricing Plan
If you run a service-based business and you are looking for a cloud solution, Enterprise is not what you need, the online version is the best for your business!
For more enquiries on QuickBooks cloud solution for your growing business, please connect with our support centre at:
info@accountingsoftware.com.ng
bigresourcessolutions@gmail.com
OR
Call: 08105090001, 08084219399.