QuickBooks - Know the Right Version for Your Client

Overview

QuickBooks Desktop has been the go-to solution for companies since 1984 (Intuit originally created Quicken for bank reconciliations) and has grown into a powerful tool to track business finances. QuickBooks Online is one of the fastest growing applications in the accounting market today. With its ability to be an “on-the-go” solution, many service providers, entrepreneurs, and other industries prefer to keep it simple and use QuickBooks Online. Understanding the pros and cons of QuickBooks Desktop and QuickBooks Online will help you advise your client on the best solution for their business. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this class include:

• Why a Needs Assessment is the first step in deciding which software is best for your client and how to complete one
  
• What are the questions to ask your client that will also assist in determining which is better - QuickBooks Desktop or QuickBooks Online
  
• A deep dive into the features of each version such as User Permissions, Bank Feed differences, Sales Tax, Reporting, as well as pricing comparisons
  
• The challenges of converting between versions
  
• A look at what's new for 2020 in both Desktop and Online

Prerequisites

None

Designed For

Anyone who suggests QuickBooks to business owners and anyone who uses QuickBooks

Objectives

After attending this presentation you will be able to...

• Identify the major benefits to QuickBooks Desktop when selecting an accounting solution for their clients
  
• Identify the major benefits to QuickBooks Online when selecting an accounting solution for their clients
  
• Analyze the two solutions and provide a solid recommendation to their clients

Preparation

None

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by CPA Crossings.