Finance Forward Blog

As the accounting industry evolves, it's vital for businesses and accounting firms to stay informed about updates that could impact their operations. Recently, QuickBooks made significant announcements regarding its product offerings, particularly affecting users of QuickBooks Desktop in the United States. Here's a breakdown of the key information:

What's Happening?

QuickBooks is planning to cease new subscriptions for QuickBooks Desktop Pro Plus, Premier Plus, Mac Plus, and Desktop Enhanced Payroll after July 31, 2024. However, existing subscribers of these products will be able to continue renewing their subscriptions beyond this date. It's worth noting that QuickBooks Desktop Enterprise remains unaffected by these changes.

Who Is Affected?

This change specifically affects new customers in the U.S. who are considering purchasing QuickBooks Desktop products. Existing subscribers and users can rest assured that their access to support, updates, and security patches will remain uninterrupted.

Why the Change?

QuickBooks' decision to discontinue new sales of certain Desktop products reflects industry trends favoring cloud-based solutions. While Desktop versions have served many businesses well over the years, QuickBooks Online offers enhanced flexibility, remote access, and real-time collaboration, making it a more appealing option for modern accounting needs.

What Are the Alternatives?

For businesses impacted by this change, QuickBooks Online emerges as the primary alternative. Its robust features cater to businesses of all sizes, ensuring efficient workflows and seamless collaboration. At J. Hall and Company, we recommend QuickBooks Online to our clients as our preferred platform. QuickBooks Enterprise also stands as a viable option for those seeking a Desktop solution beyond July 31, 2024.

Transitioning from QuickBooks Desktop to QuickBooks Online

While migrating from QuickBooks Desktop to QuickBooks Online may seem overwhelming, it's a transition we highly recommend considering. Our firm prefers QuickBooks Online as the best solution for modern bookkeeping, and as such, we have experience facilitating smooth migrations for our clients from QuickBooks Desktop to QuickBooks Online. If you are interested in making the switch, don’t hesitate to reach out to see if we might be a good fit!*

Conclusion

As QuickBooks prepares to halt new sales of certain Desktop products, it's essential for businesses to assess their accounting software needs. Embracing modern cloud-based solutions like QuickBooks Online offers numerous benefits and positions businesses for future success in an increasingly digital world. If you're considering a transition or need guidance navigating these changes, feel free to reach out to our team for expert assistance.

In summary, while change can be challenging, it also presents opportunities for growth and innovation. By adapting to the evolving landscape of accounting software, businesses can streamline their operations, enhance efficiency, and achieve greater success in the long run.

*Due to the complexities involved, please note that we have limited capacity for onboarding new clients in need of transitioning software. We recommend setting up a call with us so that we can talk through your specific situation!