Important QuickBooks Desktop Subscription Updates

By: Natalie Bruns, CPA, MBA- Manager 

Intuit has been focusing their resources and efforts on making QuickBooks Online a suitable accounting software for all QuickBooks users. In an effort to increase the number of QuickBooks Online users, Intuit has announced they will no longer be releasing new QuickBooks Desktop subscriptions after July of 2024.  All QuickBooks users should review their subscriptions to determine if this change may impact their business, or if further action may need to be taken.

If you are already using QuickBooks Online or QuickBooks Enterprise, no further action will need to be taken, as this change does not impact these subscription models.

QuickBooks Desktop users, using 2022 or newer, are already on the new subscription model and will be able to continue to purchase QuickBooks Desktop in the future.

Any QuickBooks Desktop 2021 or prior users will need to determine a plan of action, prior to July of 2024.  These users will not have an active subscription to QuickBooks Desktop or Payroll and will need to decide if they should convert to QuickBooks Online or if they should purchase a new subscription prior to July.  If you are using 2021 and prior, and do not purchase a new subscription, your QuickBooks file will no longer be supported.  Should you have issues with your file, QuickBooks will not assist in helping to recover data, and will not protect your file from data breaches or attacks.  If you want to continue using QuickBooks Desktop or processing payroll, you will need to purchase a new subscription prior to July 31, 2024.

No new subscriptions for QuickBooks Desktop will be able to be purchased after July 31, 2024.

Please reach out to our team if you have any questions on subscriptions for QuickBooks Desktop or converting to QuickBooks Online, and one of our dedicated QuickBooks ProAdvisor’s would be happy to assist.