Sunday, January 15, 2023

Is intuit discontinuing quickbooks desktop

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Is intuit discontinuing quickbooks desktop. QuickBooks Desktop Discontinues



  Businesses using the Desktop version of accounting software QuickBooks should be aware that this will be discontinued from June QuickBooks Desktop Software Being Phased Out Intuit has recently announced its decision to discontinue its older versions of QuickBooks Desktop after May This also means you won't receive critical security updates starting June 1, If you receive any security updates before this date, install them.    

 

Is Intuit getting rid of QuickBooks Desktop? – .QuickBooks Desktop to be discontinued from | Johnston Carmichael



   

Separately, they can choose how their vendor will receive the payment — as a deposit in their bank account ACH or as a paper check. Vendor payment details are securely recorded with Melio and not in the QuickBooks Desktop Company file. Once the payment is processed, QuickBooks marks the bill as paid, for visual confirmation. Take a look at this video on how to pay bills online with QuickBooks Desktop. Features: Users can manage cash flow by defining a customizable approval process for vendor bills received.

They can delegate accounts payable tasks backed by an established bill approval process before a vendor bill can be processed for payment. The dashboard organizes those bills that require specific approval before being paid. Both the accounts payable clerk and selected approvers receive emails, keeping them informed of the status of vendor bills. For a video on how to set up custom bill approval workflows, click here.

Optionally, from a displayed vendor bill payment transaction, on the formatting ribbon select Manage Templates. Features: Users can email customizable bill payment stubs to vendors and modify the bill payment stub to include their business logo, along with details of the payment made in QuickBooks.

How to find it: From a mobile device, log into the QuickBooks Desktop app and select Document, then follow the prompts. Features: Users can snap a picture of a document with the free QuickBooks Desktop mobile app, or optionally scan documents into the QuickBooks Desktop Attachment Center.

Attach these documents to transactions or records to avoid the need to keep paper copies. Select the customer record for which you want to create multiple email addresses. How to find it: Available as an add-on for an additional fee. Features: This is for QuickBooks Desktop users with an online storefront presence. Webgility integrates with QuickBooks Desktop to simplify e-commerce management.

Users can select from three packages — Core, Classic and Deluxe. This add-on provides a e-commerce integration with online stores including Shopify, WooCommerce, Big Commerce, Magento and online marketplaces like eBay, Amazon and Walmart.

Users can add new product listings and update inventory management details for their channels. Email the link to customers for them to process the payment without having to receive an invoice. Users can track the payment links sent in QuickBooks. When the payment is received, QuickBooks will record the payment as an unapplied customer credit in the Accounts Receivable account.

There are multiple access points in QuickBooks Desktop. Setup requires only debit card details and a one-time verification. Features: Merchant payments can be deposited into the business bank account.

Users can review the Instant Deposit details available balance, connected debit card, fees, etc. How to find it: When processing payroll with an active Assisted Payroll subscription.

Features: Businesses can pay employees and keep funds for longer in the business bank account; process payroll any time before 5 p. PT the day before payday. Businesses will now have access to the following through QuickBooks Desktop Mac Plus: Access to the latest version, with the most up-to-date features, security patches, and support for third-party operating system changes; Unlimited customer support; Data recovery; and, Time-saving and money management features.

Unlimited customer support Users have access to live customer support through messaging and call-back options, at no additional cost. Improved bank feeds Users can automatically categorize bank transactions with more details by using enhanced rules, batch editing and improved matching.

Receipt management Users can automate regularly sent statement emails tailored to different customer needs. Automatically send customer statements Automate the process of creating statement reminders to send to clients. Apple silicon processor compatibility QuickBooks Desktop is now optimized to work with legacy Intel processor-based Macs as well as the latest Apple Silicon processor-based Macs.

This has been a major blow for many businesses that rely on QuickBooks and the clock is ticking for business owners to find alternative accounting software. While the online version of QuickBooks will remain available, anyone using the desktop version will need to rethink their accounting needs. In many ways, this is good news. And when HMRC is continuing to push their Making Tax Digital initiative, cloud-based software is looking like being the key to more streamlined business and financial management.

They stated that any business using the desktop version of QuickBooks would need to find a QuickBooks alternative by midnight of January 31st After that time, there will be no support for desktop, and it will no longer be accessible. The cancellation is down to users missing out on vital updates thanks to outdated and even non-compliant software for their accounting.

Cloud-based accounting software is now an essential requirement for any business with one eye on the future. With the incredible pace of digital transformation required by firms in the wake of a global pandemic, digital services are becoming the norm.

All of that data will need to be exported to your chosen QuickBooks alternative. The main issue is that exported data may not be sufficient for year-end accounts, which is vital for keeping HMRC happy. There are calls for the decision to be backtracked, but this seems unlikely. The announcement about the discontinuation of QuickBooks desktop comes as there is growing discontent with the big accounting software vendors in the UK. Xero, Sage, and QuickBooks have seen a growing number of complaints and criticisms about the lack of transparency, support, and communication with UK-based accountants and businesses.

It seems clear that there is little commitment from Intuit in terms of UK customers. Intuit has provided no migration path for this process, so it will be a little laborious. That data will then need to be saved and then exported so that you can use it for reference. The decision by Intuit might be based on how digital accounting is changing, but the announcement itself and the difficulties of upgrading and data transfer has been problematic. It can take work to take the pain out of accounting.

There are several options, so take the time to do some research. Always have a clear idea about what your business needs from that software, and — as we can see with this announcement by Intuit — using cloud-based accounting software is clearly the best option. We can help you manage your migration to avoid interruptions to your accounting workflows. You can even get hands-on with your new accounting software by signing up for a FREE trial.

Find out for yourself how we can work together to make greater use of your finances to help your business grow. Initially, this company was a reseller for Take 5 Accounts and Payroll software. He also found time to set up two mobile phone shops under the Cellular World brand and a web design company offering website design services for small businesses.

In , he bought the majority share in a small Irish software business, Big Red Book. At that time, the company was losing money. The company became profitable within two months, and Marc then acquired a payroll company to compliment Big Red Books Accounting products. He is a very keen sportsman, having played rugby for 20 years, represented Leinster at under 16 and under 20 levels, and league squash with Fitzwilliam Lawn Tennis Club for 10 years.

Marc has competed in 11 Marathons, including the London and Boston Marathons, and has completed several Triathlons and Half Ironman races. T: 01 E: info bigredcloud. Dublin, A96 VY Hit enter to search or ESC to close. Close Search. What happens next? Dissatisfaction with big accounting software vendors The announcement about the discontinuation of QuickBooks desktop comes as there is growing discontent with the big accounting software vendors in the UK.

Choose a reliable QuickBooks alternative It can take work to take the pain out of accounting. Share Tweet Share Pin.



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