Contact Peak Advisers to upgrade the old software that will serve you for many years. It is just changing to subscription products. On or around May 31, 2023, support for the QuickBooks 2020 version will likely. QuickBooks Desktop is a flagship product for Intuit it is not going away. QuickBooks 2023 cannot be used with earlier versions of Windows from Microsoft. The products don’t update after four years because they need to be upgraded to a current application with proper privacy, security, and the newly developed features that older products don’t have. Updates of older software versions have sunset after four years of service for the past many years. There are six QuickBooks versions that allow business owners to manage their accounting and finances: QuickBooks Online, QuickBooks Self-Employed, QuickBooks. Honestly, this isn’t out of the normal for QuickBooks. These older versions of the software will be out of compliance and outdated as of January 31, 2023. If you purchased your QuickBooks Pro or Premier before 2020, you will find some product services will no longer function (i.e., Currency update, Payroll Subscription, etc.). Over the past year, new QuickBooks Pro and Premier purchases have moved to the Pro Plus and Premier Plus products. Access to the latest version, with the most up-to-date features. It might not be a bad idea, but it requires more thoughts than a simple “Update”.It’s QuickBooks Desktop Pro and Premier’s turn to become an annual subscription product. Simply a preview of new features included with the release of QuickBooks Desktop Plus 2022. If Intuit suggests that you “Upgrade”, that’s a marketing message to convince you to buy the new version of QuickBooks. While it may be affordable for a single user, prices increase with every additional user, which explains its low score. In other words, if Intuit suggests that you “Update” to a new “Release”, go for it. QuickBooks Desktop Pro 2023 is offered as an annual subscription, and prices start at 549.99 per year for one user. What you should really care about are the bug fixes and security patches. Sometimes, they even add features, but that is not the more important part. The Intuit Developer Group tracks and updates information about QuickBooks Desktop and the QuickBooks Desktop SDK here. Those are important updates, because they fix bugs and they plug security holes. You don’t have to install it right away, and you can skip this message a few times, but eventually, you should install it. You will get a notification when you launch QuickBooks that an “Update” is available and it will ask you if you want to install it. Those are called “Updates” or “Releases”. Once you have a given version of QuickBooks installed, Intuit will make small fixes throughout the year. Upgrades are not backward compatible, which means that once your company file has been upgraded to the new database structure (QuickBooks Pro 2013 in this example), it can’t be opened by older versions of QuickBooks anymore. In the process, it will modify the database to match the new features of the product. Once you’ve installed QuickBooks Pro 2013 on your PC, QuickBooks will guide you to open your company file in this new version. QuickBooks Desktop 2023 introduces several features to help automate and streamline your daily accounting tasks. Even if you are already on an older version of QuickBooks Pro, you will have to pay full retail price to get QuickBooks Pro 2013. For instance, in the Fall of 2012, they will most likely launch QuickBooks Pro 2013. To find a list of update changes, look for the link on the download page under Release Notes or Whats New. Within each desktop product (Pro, Premier, Enterprise,…), Intuit launches a major new version each year. a previous post, QB 2005 is file version 15.0. The online versions get updated seamlessly in the background, so this discussion of “upgrade” vs “update” applies only to the desktop versions. The first distinction to understand is that they have desktop versions (Pro, Premier, Enterprise, etc…) and online versions (Online Essentials, Plus, etc.). Understanding what they mean helps you make the decision on what to do next more comfortably. Intuit has announced its new 64 bit version of QuickBooks Desktop for 2022, and a subscription only model for Pro and Premier. These messages can be a bit intimidating. When using QuickBooks, you will often get a warning telling you to update or upgrade. Some are called “Upgrades” and those need to be purchased. Some are called “Updates” and those are free. Intuit, the maker of QuickBooks, releases new versions of QuickBooks on a regular basis. From Patrick Bonnaure, founder of ProLedge Bookkeeping Services
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