Accounting & Tax Tips
February 28, 2024

Intuit Announces End of QuickBooks Desktop

If you’re a QuickBooks Desktop user, you’ve likely noticed that Intuit has been encouraging customers to switch to QuickBooks Online. We support this move for a number of reasons. Not surprisingly, Intuit recently announced that QuickBooks Desktop will no longer be available for purchase by new subscribers in the U.S. after July 31, 2024. 

Built on a foundation of innovation, at Wendroff & Associates, CPA, we understand the importance of staying ahead in a digitally evolving world. Here is a breakdown of Intuit’s announcement and how it potentially affects your business.

What Quickbooks Products Will Be Affected?

The discontinuation of sales will affect all QuickBooks Desktop products, including QuickBooks Desktop Pro, Premier, and Mac editions for 2021 and older. We recommend that if you’re using any of these versions of the application, you understand the implications and consider your options well before the July 31, 2024, deadline.

Will Quickbooks Desktop Support Still Be Provided?

Intuit has confirmed that it will continue to provide product support for existing users of the standalone desktop applications. However, the company will focus its resources and development on QuickBooks Online products going forward.

Should My Business Move to QuickBooks Online and What Are the Benefits? 

Considering Intuit’s shift in focus, migrating to QuickBooks Online will be a smart move for many businesses. 

QuickBooks Online offers several significant benefits, including:

Always Up to Date: With QuickBooks Online, you always use the most current version of the application. There’s no need to worry about installing updates or purchasing new versions.

Efficient Workflows: QuickBooks Online is designed to optimize your accounting processes and includes handy automation features offering more streamlined workflows.

Work From Anywhere: Accessing your accounting software from anywhere, at any time, provides unparalleled flexibility. Whether at the office, at home, or on the go, your financial information is at your fingertips with QuickBooks Online.

Enhanced Collaboration: QuickBooks Online facilitates easier collaboration between your team and your accountant. Sharing data is straightforward and secure, simplifying the review and management of your financials.

Taking a closer look at these benefits can help you decide whether moving to QuickBooks Online is the best option for your business.

What’s Next?

We encourage users of standalone QuickBooks Desktop Pro, Premier, or Mac versions 2021 and older to consider the shift to QuickBooks Online. This video from Intuit will help you learn how to import your QuickBooks Desktop company file into QuickBooks Online.

Additional instructions for transitioning to QuickBooks Online are available on Intuit’s website. This move will ensure access to the latest product features and continual support into the future. 

Should you have further questions or need assistance transitioning to QuickBooks Online, please use the Free Consult below to schedule a time to discuss the next steps. Our Wendroff & Associates, CPA Certified QuickBooks Online ProAdvisors, are here to assist you with this change, ensuring a smooth and seamless process. 

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