QB Issue Resolution:

It’s kind of a personal preference.  Some folks love the online and some folks don’t.  It also depends on where you are at.  If your address is “End of the Dirt Road, Middle of Nowhere, ND”, you might want to go with the desktop version since your internet might be a little iffy to work the online version.

Resolution for Issue 'Which quickbooks version is better to use for an S corp? Online or desktop version? I seem to be having some problems with the online version since it does not have drop downs for loans to the corp' available: Yes (Solved).
Source: Intuit Community forum.

Which quickbooks version is better to use for an S corp? Online or desktop version? I seem to be having some problems with the online version since it does not have drop downs for loans to the corp: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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