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Great Plains vs QuickBooks Online

Updated 16 October 2026

QuickBooks Online may be ideal for simpler organizations with limited reporting, inventory, and entity complexity. The critical question is whether your business still needs the GP features that QBO lacks.

Where QuickBooks Online fits

QBO suits single-entity companies with straightforward accounting, smaller finance teams, and a preference for cloud accessibility and easy administration. If GP's depth went mostly unused, QBO removes cost and overhead you no longer need.

How they compare

DimensionGreat PlainsQuickBooks Online
DeploymentOn-premise rootsCloud-native
EntitiesMulti-entitySuits a single entity
ReportingDeep, complexStandard financials
AdministrationHeavierLight, easy to staff
CostHigher TCOLower

When QBO is the wrong answer

If you need true multi-entity consolidation, dimensional reporting, or heavier inventory and operations, QBO will feel thin. That's the signal to look at QuickBooks Enterprise, Sage Intacct, or NetSuite instead.

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Questions we get asked

Is QuickBooks Online a downgrade from Great Plains?

Only if you need the depth GP provided. For single-entity businesses with standard accounting, QBO isn't a downgrade. It removes complexity and cost you no longer benefit from.

Can QuickBooks Online handle multiple entities?

Not in the way GP or a mid-market ERP does. For real multi-entity consolidation, look at Sage Intacct or NetSuite. QBO fits a single entity.

What do I lose moving from GP to QBO?

Primarily multi-entity depth, advanced reporting, and heavier operational modules, features many GP users weren't actively using.

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Side by side

 Dynamics GPQuickBooks Online
EntitiesOne company per database, consolidated outside the systemOne company per subscription, consolidated outside it
UsersLicensed per seat, on your own server or hostedIncluded up to the plan limit, browser only
ReportingManagement Reporter, built by someone who knows itBuilt-in reports plus a spreadsheet export
InventoryFull, including assemblies and landed costBasic, no assemblies
Who it fitsA business that needs what GP does and cannot leaveA business that outgrew the maintenance, not the functionality
What breaks in the moveThe chart of accounts, alwaysHistorical detail beyond the years you convert

The row that decides it is usually the entity count. Everything else can be worked around; consolidation cannot.