QuickBooks Online has the normal account type such as Bank, Accounts Receivable, Other Assets, Equity, Income and so on, but it also has an additional level of account type called the “Detail Type” which allows you to sub-categorize your accounts within your chart of accounts. Here is a list of features and their likelihood to convert or not when you are switching to the online version of QuickBooks.
But before converting, you should know how much work it’s going to take to get your records in working order in the new online system.
QuickBooks Online gives you that freedom. QuickBooks Desktop will always be my favorite software product I suggest to my clients to use for their daily bookkeeping and payroll services, but sometimes clients want the ability to use and see their accounts no matter where they are.
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