Intuit did confirm that existing subscriptions will not be affected by this change, and that existing subscribers will be able to renew for the foreseeable future. Any new users that purchase a subscription to QuickBooks Desktop prior to the September 30th cutoff will also be able to continue to renew.
Intuit also committed to providing continued security and products updates, as well as product support for QuickBooks Desktop products for the foreseeable future.
QuickBooks is a major force in the accounting software industry, and QuickBooks Desktop provides bookkeeping and payroll assistance for many, many small businesses. While this announcement doesn't indicate sunsetting of this line of products, it's important for business owners to understand how this change could affect them.
If you already have a QuickBooks Desktop subscription, you don't need to panic. You'll still be able to renew for the time being and can expect regular security updates and support. If you are considering a move to QuickBooks Desktop, you'll be able to purchase a new subscription ahead of the September 30th Deadline.
With all of that in mind, it's worth considering a move to QuickBooks Online. This product line is Intuit's primary focus and has seen significant development and refinement over the past few years. At Sweeney Conrad, we strongly recommend our clients consider starting with, or switching to, QBO as they consider accounting software.
While Intuit will likely support existing QuickBooks Desktop users for some time, due to the complexity of accounting software it is never a bad time to consider a switch to their more current product. QBO offers many reasons to switch, including a streamlined interface, access from any device with a web browser, a more robust mobile app, the ability to collaborate in real time with colleagues, and more.
If you're not sure where to start with QuickBooks Online or your accounting software stack more generally you can contact us to learn more. Our Client Accounting and Advisory Services team are experts at implementing QBO and other accounting software, and can help you navigate the complexities of your accounting technology stack.