Choosing the right accounting software can be a critical decision that has a drastic effect on your company’s accounting processes for years to come. For entrepreneurs starting their business, or established small and medium sized business, this is no exception. With so many applications available, it is certainly a decision that needs to be researched and thought out. One question that the bookkeeping team at LedgersOnline hears almost daily is “What is the difference between QuickBooks Online and QuickBooks Desktop?” This is a loaded question, as both applications are great in their own way, and also have their own distinct advantages and disadvantages. It is also important to keep in mind that there are many accounting applications out there; each of which have their own pros and cons.