If you are using QuickBooks Desktop, it might be time to upgrade. After midnight on 31 January 2023, QuickBooks will no longer be supported or accessible. The decision to upgrade to a newer version of the program should be carefully considered by businesses that rely on the software. There are many important features to look for in a new version of QuickBooks. For example, the software supports many more payment options than the online version does. This is great news for businesses that need to keep track of multiple accounts.
The downside to using an older version of QuickBooks is that you are not likely to receive important security updates. This means that if you don’t update your software, you may not be able to access the advanced features that are available in the new version. Also, you’ll lose access to all QuickBooks add-on services, such as payroll. In addition, you won’t be able to access online backup services, live support, or other services that require the updated software.
As for the pricing changes for QuickBooks Desktop Payroll, subscribers of Enhanced Payroll and Basic Payroll will be affected by a per employee price increase. The new per-employee pricing plan is $5 per employee per month, and is applicable to new subscribers. The old monthly per-employee fees are removed for basic payroll. If you already have QuickBooks Desktop Payroll, you won’t be affected by the change.
As for the end of support for QuickBooks Desktop, there are a few ways to move your company’s data to a new version. Hopefully, if you have not upgraded yet, you’ll be able to migrate your existing data to QuickBooks Online instead. If you’re looking for a new version, you can choose the 2020 or 2021 editions. QuickBooks Online has many benefits over QuickBooks Desktop, including credit card processing, web-based access, and automatic bank account updates.
The main advantage of QuickBooks Online is the price tag, and it’s easy to see why Intuit decided to stop support for QuickBooks Desktop in 2021. The price of QBO, in fact, has become more competitive with the newer version. Smart businesses are moving to QuickBooks Online as a new option because it’s cheaper. And if you’re not moving your company to QuickBooks Online, you’re still wasting money.
If you’ve decided to upgrade to QuickBooks Online, you’ll have to figure out how to import your data into the new system. The most popular way to do this is to use QuickBooks online and import it from your desktop. Then, once you’ve got everything, you can use the online version. Afterward, you can transfer your data to another system. It’s really easy to migrate your data to the cloud, so you can save money and time in the long run. Click here to grasp additional details visit is quickbooks desktop going away
Another advantage of QuickBooks Online is that you can access your files from any computer. You can even use your smartphone to access your account. However, if you use QuickBooks Desktop, you’ll need to install it on your computer. It’s more efficient than QuickBooks Online, but you’ll also have more restrictions when it comes to sharing the file with others. QuickBooks Online will automatically calculate sales tax based on your customer’s address, and integrate with third-party payment processors, which is a big advantage.