How QuickBooks Desktop hosting is beneficial for growing businesses

Grow business with hosting.

QuickBooks desktop has helped several small and mid-sized businesses to organize and manage their finances, employees, inventories and their day-to-day financial operations.

While QuickBooks desktop hosting simply means installing QuickBooks desktop version on a network that is hosted on a third-party cloud provider, you have to understand that there are two different ways of using QuickBooks on the cloud and QuickBooks hosting is one of two. The second way is QuickBooks Online, but presently, the former has more features.

Since QuickBooks hosting has more features than QuickBooks online, it is considered beneficial for growing businesses, but this doesn't mean QuickBooks Online is not improving and accomplishing great things. But for this article, we'll be looking at the benefits of QuickBooks Desktop hosting.

How is QuickBooks Desktop Hosting Beneficial to Growing Businesses

You may be wondering, how will QuickBooks desktop hosting be beneficial to my business? Here's how:

1- QuickBooks desktop features

QuickBooks desktop hosting allows businesses to enjoy all features of the QuickBooks desktop version installed, in addition to the services provided by the third-party cloud service provider. QuickBooks desktop versions include QuickBooks pro, premier, enterprise and POS. The latest features of the QuickBooks desktop 2021 version are:

Streamlined bank feeds: This feature is available on all desktop versions and it allows users to automatically categorize bank transactions using advanced tools like batch editing and advanced matching.

Automated receipts management: This feature is not available in all desktop versions. It can only be seen in the pro, premier plus and enterprise versions. This feature enables users to use the mobile app version to capture receipt data, import and review.

Automated statements/payment reminders: With this feature, businesses can now send automatic reminders to customers along with links to the online payment portal to help them make payments with ease.

Payroll liability reminders: With this feature, businesses can prepare for upcoming payroll taxes and liability payments.

Set up and re-use email templates: To improve communication with customers, the feature allows users to create new or re-use email templates.

QuickBooks Tool Hub: This feature helps users to access standard QuickBooks tools in one place. Also, when issues are detected, you can find help at the Tool Hub.

Rule-based customer groups: This feature allows businesses to create customer groups based on different fields like location, balance, status and customer type. Members of this group all follow a set of rules. This feature helps businesses to manage their customers efficiently.

2- Accessibility

QuickBooks desktop hosting enables users to access data with any device, from anywhere and at any time. This means that multiple users can have access to the software at the same time. As a growing business, you need to have access to your QuickBooks 24/7 and this is possible with QuickBooks desktop hosting. With QuickBooks hosting, you don't necessarily have to be with the local computer, where you installed the software to access any data. QuickBooks desktop hosting supports an unlimited number of users but with user permission control.

3- Cost

4. Processing speed

Unlike QuickBooks Online, QuickBooks desktop hosting operates faster and more accurately. However, this depends on the hosting service providers. If you want to get quicker and more accurate accounting solutions, desktop hosting is highly recommended.

5. Security

One significant benefit of QuickBooks hosting is security. Using this QuickBooks solution ensures the safety of your data as your preferred hosting service provider automatically backs up your data to prevent them from missing. Ultimately, the cloud environment is a safe place for all data.

Final words

Apart from the fact that QuickBooks desktop hosting is cost-effective and safe, it is recommended to growing businesses because it offers faster and more accurate solutions while allowing them to enjoy all the benefits of traditional QuickBooks desktop in a more convenient environment.