To answer your query, QuickBooks desktop can be hosted on the cloud servers of a third-party hosting provider. It enables you to access all the desktop version features and data and benefit from the mobility and flexibility offered by the cloud.
Therefore, with QuickBooks hosting get all the features of your desktop application but with the benefits of cloud. Furthermore, many competent service providers also provide enhanced security, scalable resources, pay-as-you-go pricing plans, and more.
I hope my answer would be of some help to you.