For years, QuickBooks Online has helped small business owners manage their companies’ finances on the go. While it’s an undeniably handy ability, there are some tradeoffs to browser-based accounting.

Many business owners are familiar with Intuit QuickBooks — one of the leading accounting software programs for managing payroll, operations, accounts receivable and numerous other financial functions.

Katherine Haan, MBA, is a Senior Staff Writer for Forbes Advisor and a former financial advisor turned international bestselling author and business coach. For more than a decade, she’s helped small ...