Thanks for all the great information!
I agree with what you said about QBO. It's just so expensive, not anywhere comparable to their own desktop product. I don't get it, and I won't be buying it.
The reason why I considered not upgrading QuickBooks for Mac is because the only feature I would lose that I use is the easy syncing with my bank and credit card accounts. And I was told that I could do that manually. I use QB for very basic bookkeeping, no payroll.