+ No server/network required, only need internet
+ No IT person to manage
+ various 3rd party apps
- Subscription (in case you are still using an outright license)
- No backup restore feature (only available in QBO Advanced, or purchase a 3rd party app)
https://quickbooks.grsm.io/Canada
- Reporting capabilities may be lacking from QB Desktop
- Need to purchase a 3rd party service to convert big data or migrate specific data (e.g attachments, custom fields, jobs).