Intuit QuickBooks Desktop Products and the Broader Industry Shift Towards Cloud-based Solutions

Katelyn Elmore

Jun 13, 2024

QuickBooks Desktop Subscriptions Discontinued: What It Means for Your Business Moving Forward

Intuit has announced that after July 31, 2024, they will discontinue new subscriptions for several QuickBooks Desktop products in the US, including:

  • QuickBooks Desktop Pro Plus
  • QuickBooks Desktop Premier Plus
  • QuickBooks Desktop Mac Plus
  • QuickBooks Desktop Enhanced Payroll

Additionally, starting January 8, 2024, the fee for direct deposits through QuickBooks Desktop Payroll increased. This move signifies Intuit’s strategic pivot towards QuickBooks Online, a transition that might bring challenges but also opportunities for your business.

 

Why This Matters to You

Security Risks: Non-subscription licensees will no longer receive security updates, which poses a significant risk. Hackers can quickly exploit vulnerabilities in outdated software.

Limited Choices: The only desktop SKU sold for 2025 and going forward will be QuickBooks Enterprise. Other 2022-2024 versions will continue to be supported, but will phase out annually, starting with the 2022 version in May of 2025.

Performance Concerns: We understand that many business owners have reservations about QuickBooks Online, noting it can be less responsive and might lack some functionalities of the Desktop versions. However, with Intuit steering the market towards online solutions, adapting to this change is becoming inevitable.

 

The Benefits of QuickBooks Online

Despite some concerns, QuickBooks Online offers several advantages, especially for businesses needing remote access or those with mobile workforces. It provides:

  • Remote Accessibility: Easier access to your accounting data from anywhere.
  • Enhanced Collaboration: Simplified data sharing with external accountants and remote users.
  • Improved Security: Regular updates and robust security features to protect your data.
  • Ongoing Support: subscriptions will continue receiving support, including security and product updates.

 

How We Can Help You Transition

Kirsch CPA Group is committed to supporting businesses through this transition. Here’s how we can help:

  • Assessment and Planning: We will evaluate your current accounting needs and help you determine the best path forward.
  • Migration Support: Our team can assist with the migration process, ensuring your data is securely and accurately transferred to QuickBooks Online.
  • Training and Support: We offer training sessions to help you and your team develop good processes with the new platform and make the most of its features.
  • Ongoing Assistance: Our experts are here to answer any questions and provide continuous support to your business.

 

Looking Ahead

We understand that transitions can be challenging, but they also offer opportunities for growth and improvement. The shift to cloud-based solutions is an industry-wide trend, and our expertise is available to navigate these changes, ensuring your business continues operating efficiently and effectively.

If you have any concerns or questions about this transition, please don’t hesitate to contact us. Our team is ready to help you make this shift as smooth as possible.

 

Schedule an appointment to learn how we can support you

 

© Copyright 2024. All rights reserved.

 

About The Author

Kate joined the team in late 2017, eager to expand her accounting talents and to share her communication,…

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