QuickBooks Desktop to be discontinued from 2023 | Johnston Carmichael (2024)

FAQs

Will QuickBooks Desktop stop working in 2023? ›

The long answer: Intuit are sunsetting some versions of QuickBooks Desktop (QBD), and it might be possible for some users to keep accessing it —though it is not recommended. From May 31st, 2023, Intuit will stop supporting these QuickBooks Desktop 2020 versions: QuickBooks Desktop Pro 2020.

After May 31, 2023, access to add-on services will be discontinued for QuickBooks Desktop for Windows 2020. This includes all versions of QuickBooks Desktop Pro, Premier, and Enterprise Solutions v20.

For 2023, you will find four new or enhanced features available to QuickBooks Desktop Plus (Pro & Premier) users, and all users of QuickBooks Enterprise and Accountant. These features are the new Cash Flow Hub, the enhanced Track Vehicle Mileage feature, Reports Optimization and improved Banking Connectivity.

September 6, 2022 is the announced date for availability of QuickBooks 2023 to ProAdvisors and the accounting community.

In May 2023 the 2020 version will be sunset. You can learn more about this in the QuickBooks help article: QuickBooks Desktop service discontinuation policy. This means if you're using any version of QuickBooks Desktop 2020 you'll want to move to the new subscription model or to QuickBooks Online.

To view your data after 1 year, you'll have to renew your subscription. Note: As a QuickBooks Desktop user, you still own your data, regardless of subscription status. You can open and edit company files at any time with a compatible license or active subscription.

QuickBooks Desktop Pro 2023 is offered as an annual subscription, and prices start at $549.99 per year for one user. While it may be affordable for a single user, prices increase with every additional user, which explains its low score. Below is QuickBooks Pro's pricing breakdown per user: $549.99 per year for one user.

I got to know that Quickbook is discontinuing add on services and support services in some version of Desktop after May 31, 2023.

Answer: Intuit has significantly increased the prices for QB Premier 2021. The wholesale pricing has nearly doubled, and we don't expect the prices to go down. The guess is that Intuit would like to make QB Premier a subscription service like they did with QB Enterprise a few years ago.

With QuickBooks Accountant or QuickBooks Desktop Enterprise, you can have 2 company files open in 2 different versions of QuickBooks Desktop.

Do I have to buy a new QuickBooks every year? ›

QuickBooks Desktop products are offered on an annual subscription basis. Unlike QuickBooks Online plans, which each come with a set number of users, QuickBooks Desktop plans come with one user license. Business owners must pay extra for each additional license, regardless of plan.

System Requirements for QuickBooks Enterprise 2020, 2021, 2022, and 2023. OS either Microsoft Windows 10 (64 bit) or Windows 11 (latest supported update/version). Operating systems Windows 8.1 and Linux are not supported.

If you're wondering, “can I still use QuickBooks after subscription expires,” the answer is, you can still access the file even if you don't restore the subscription. However, you won't get security updates and online services like the following: Online Backup. Online Banking.

Although QuickBooks doesn't require a close process at the end of a fiscal year, it does allow you to set a closing date for all your transactions. Before getting started, you'll need to make sure all books have been reviewed and all reports are completed.

What's the difference between QuickBooks Online and QuickBooks Desktop Pro? QuickBooks Online is a software-as-a-service accounting program that is hosted online, while QuickBooks Desktop is a locally-installed accounting program with a yearly subscription pricing model.

At the end of your current subscription period, you'll no longer be able to use or access QuickBooks Desktop. Your company file will remain on your device, but you'll need to re-activate your subscription to be able to open and view it.

Going forward, you'll input new data in QuickBooks Online. You'll still keep the QuickBooks Desktop company file with your data, but can only access this data with an active QuickBooks Desktop subscription.

The cheapest QuickBooks Online plan is the Self-employed plan.

Is there a lifetime QuickBooks? ›

Lifetime Promo: Get 20% off 1 - 10 users, 12.5% off up to 30 users for the life of your subscription. After year one, your subscription will be renewed at your current discount charged on a monthly or annual basis unless or until you cancel. Discounts are calculated off the stated pricing above.

From QuickBooks, go to the File menu, select Utilities, and then select Move QuickBooks to another computer. Select I'm Ready, then create a one-time password. Follow the instructions to choose the USB flash drive you'll use. Then wait for the files to be copied.

QuickBooks has serious limitations around its capabilities to handle a growing organization. You have outgrown QBO if you have multiple entities or a have expanded services or products worldwide. If your company gets paid in multiple currencies, we recommend converting to more robust software.

QBO doesn't offer the features you need.

This is its own number because this is such a common rejection of the software. As mentioned QBO is not built to handle everything. Construction accounting, job costing, and inventory management are several common limitations.

QuickBooks Plus is the most popular plan for businesses since it includes features such as inventory tracking, project management and tax support. It also includes up to five users per account.

You can use the QuickBooks desktop for a few years without having to update the software. QuickBooks Online is updated regularly, whereas the online version is updated once a year.

Results. QuickBooks Online easily wins this one. It offers more integrations, as well as a much smoother integration process that allows you to access third party apps directly within QuickBooks Online without the need to sync applications or import data.

How many computers can I put my QuickBooks desktop on? ›

A multi-user license allows different people with a QuickBooks license (single-user license) to work with a single QuickBooks company file simultaneously. – QuickBooks Premier Edition – five users. – QuickBooks Enterprise – Up to thirty users.

Yes, the multi-user mode in QuickBooks Pro allows multiple users to collaborate on the same company file at the same time. All users must be networked and must each have their own QuickBooks license. The standard QuickBooks Pro license lets you install the product on up to 3 computers.

If you don't upgrade, the system might become sluggish with performance issues, which commonly happens when there's too much data to process every day.

Upgrade QuickBooks Desktop without a subscription

Here's how. Select Help, and then Upgrade QuickBooks. Select the version you want to upgrade to, then select Upgrade Now. You can keep a copy of your current version of QuickBooks.

After 12 months your data will no longer be available. Was this helpful?

Only QuickBooks Desktop 2022 (Pro Plus, Premier Plus, Pro, and Enterprise) R3 or later has been approved as being 100% compatible with Windows 11 64-bit as of right now. There can be some unanticipated problems with your QuickBooks software if you decide to utilize Windows 11 for older versions of QuickBooks.

Currently, only QuickBooks Desktop 2022 (Pro Plus, Premier Plus, Pro and Enterprise) R3 or later is certified as fully compatible with Windows 11 64-bit.

If you cancel your QuickBooks Online subscription, your data will be available in read-only access for 1 year from the date of cancellation. If you cancel QuickBooks Online during the trial period or if your trial expires, your data will be available in read-only access for 1 year from the date of cancellation.

Once a customer is made inactive, they are removed from the customer list and other places where you could previously find them. If the customer has transactions, they remain part of your company data and you can find them through reports.

Is there something like QuickBooks for personal use? ›

QuickBooks is primarily for businesses, while Quicken is for individuals and families.

The long answer: Intuit are sunsetting some versions of QuickBooks Desktop (QBD), and it might be possible for some users to keep accessing it —though it is not recommended. From May 31st, 2023, Intuit will stop supporting these QuickBooks Desktop 2020 versions: QuickBooks Desktop Pro 2020.

For 2023, you will find four new or enhanced features available to QuickBooks Desktop Plus (Pro & Premier) users, and all users of QuickBooks Enterprise and Accountant. These features are the new Cash Flow Hub, the enhanced Track Vehicle Mileage feature, Reports Optimization and improved Banking Connectivity.

September 6, 2022 is the announced date for availability of QuickBooks 2023 to ProAdvisors and the accounting community.

In May 2023 the 2020 version will be sunset. You can learn more about this in the QuickBooks help article: QuickBooks Desktop service discontinuation policy. This means if you're using any version of QuickBooks Desktop 2020 you'll want to move to the new subscription model or to QuickBooks Online.

Answer: Intuit has significantly increased the prices for QB Premier 2021. The wholesale pricing has nearly doubled, and we don't expect the prices to go down. The guess is that Intuit would like to make QB Premier a subscription service like they did with QB Enterprise a few years ago.

All QuickBooks Desktop licenses require manual processing by Oberlander & Co. There will be a one-time service fee of $75. The prices mentioned above are applicable for 2023, and it is important to note that there will be yearly incremental increases.

Your access to QuickBooks Desktop Payroll Services, Live Support, Online Backup, Online Banking, and other services through QuickBooks Desktop 2020 software will be discontinued after May 31, 2023.

QuickBooks 2023 works well and compatible with Windows 11 and Windows Server 2016.

If you're wondering, “can I still use QuickBooks after subscription expires,” the answer is, you can still access the file even if you don't restore the subscription. However, you won't get security updates and online services like the following: Online Backup. Online Banking.

How often do you have to upgrade QuickBooks desktop? ›

There is no hard and fast rule of exactly when you need to upgrade. There are some professional services companies that do 1-2 large transactions a month, don't have inventory, and for them, QuickBooks Pro will work just fine.

This software supports up to five users. QuickBooks Premier prices come in two available plans. You can purchase QuickBooks Premier Plus or have access to built-in payroll with QuickBooks Premier Plus + Payroll. Both plans are billed annually.

Manual processes can be time-consuming. They can also delay your business from making important decisions. If your business has to process manual data for basic accounting tasks or has trouble balancing financial statements, it may be time to leave QuickBooks.

Access to add-on services, live technical support, software updates and security patches are all discontinued after May 31, 2023 for QuickBooks Desktop 2020. If you do not use add-on services with QuickBooks Desktop, your software will continue to work.

Once your subscription is cancelled, you'll no longer be able to use or access QuickBooks Desktop. Your company file will remain on your device, but you'll need to re-activate your subscription to be able to open and view it.