Intuit said revenue for QuickBooks Online rose by 41 percent for the first quarter ended October 30. QBO had $306 million in revenue for the most recently ended period, compared to $217 million a year earlier.

Sage is not pursuing professional services business. In a change of direction, CEO Steve Hare this week said Sage will let VARs handle services as much as possible.

Intuit is focusing its new QuickBooks Advanced on existing customers, CEO Sasan Goodarzi said this week. That puts the sort-of-midmarket product in a light that suggests the company does not have designs on low-end of the mid-market—yet.