Switching to QBO? Follow SaaS-based these steps.
Data security and regulatory compliance special database considerations on
Introducing: Rewind Backups for QuickBooks Online.
As part of its strategy to sunset its QuickBooks. Desktop (QBD) products, Intuit is discontinuing QuickBooks Desktop for its UK customers. Support will end on June 30, 2023. Migrating to QuickBooks Online (QBO), the SaaS version of the software, is the easy and natural next step for thousands of users of this handy accounting tool.
In this article, we’ll explore the transition from desktop-based to cloud-based accounting tools and outline some of the security and regulatory considerations to be aware of.
Why move to SaaS-based accounting software
As cloud computing has entered the mainstream, more vendors have introduced SaaS-based versions of their products and are gradually sunsetting their desktop ones.
For most businesses, moving to a
cloud-based accounting solution is a more attractive prospect. With the desktop model, a license is purchased per sales process: a 5-step process you won’t hate computer, the software is only accessible by one user from the computer in which it’s installed, and it can’t be used on mobile devices. Not ideal for team collaboration and remote working scenarios! In addition, it requires manual installation and updates. You have to pay an upfront license cost plus an additional be numbers fee for upgrades. In terms of features and functionality, desktop accounting software is pretty cookie-cutter and rarely supports integration with third-party apps.