Quickbooks Online
PRO’s for DX1 Users
Easier daily deposits - All Je’s from DX1 have the memo’s visible so you can see what the DX1 MOP was.
Set AR customer credit limits directly in DX1 after initial sync to QBO
Multiple users will have remote access to the books.
Multiple people will have access to the books simultaneously.
High degrees of automation.
CON’s for DX1 Users
Comes with a monthly fee of $60 per company file under 250 accounts and $150 per month over. This is per company file.
If you currently use QB desktop it is a new interface to learn.
If you are coming from QB Desktop, they will lose the ability to easily utilize multiple AR and AP accounts. DX1 transactions can still be sent to specific AR/AP, but you cannot drill into one account once in QBO for bill pay or invoice receiving.
Other Things to Know
Must run windows 10 on the computer/s that will sync, can be accessed from other platforms but the DX1 connector requires windows 10.
If you are currently setup to sync with Quickbooks Desktop there is a one time $500 charge to convert to Quickbooks Online.