Facts You Must Know About QuickBooks Desktop Discontinuation Policy

Applications must install the newly launched software version updates to comply with the latest technical enhancements and updates.

Similarly, QuickBooks Desktop offers high-tier security and improved features to get the most out of the software. So, to bring changes and improvements to the newly added versions of QuickBooks, Intuit discontinued the older versions. In this comprehensive post, we have covered all the relevant facts regarding the QuickBooks Desktop discontinuation policy.

Want to get in-depth details regarding the QuickBooks Desktop discontinuation policy and need instant help? Contact us at 1-844-266-9345 and have a one-to-one consultation with our certified experts for a quick resolution to the problem.

Discussing When will QuickBooks Desktop Discontinuation Happen

Intuit will discard the QuickBooks Desktop 2021 version on 31 May 2024. However, according to the latest updates, all the 2021 editions of QuickBooks, including QuickBooks Desktop Pro, QuickBooks Desktop for Mac, QuickBooks Desktop Premier, and QuickBooks Enterprise Solutions v21, will end.

Above all, if you don’t upgrade the QuickBooks Desktop 2021 at the end of May, you will be restrained from using the live technical support facility. Along with this, the users won’t be able to use certain Intuit services that can be integrated with QuickBooks Desktop. These services comprise of QuickBooks Desktop Payments, online bank feeds, and QuickBooks Desktop Payroll.

Reasons Behind the QuickBooks Desktop 2021 Discontinuation Policy

Intuit launches several new updates and upgrades to QuickBooks Desktop every year to stay compliant with enhanced technology. However, the decision to discontinue QuickBooks Desktop 2021 is taken so that users can stop using the older version of the application and use the new one. Besides this, there are other reasons discussed below; check them out.

Concentrate on Latest Versions Available:-

QuickBooks focuses more on enhancements and priority maintenance on the newly added versions of QuickBooks Desktop. This would help them focus more on the latest features, improve security, and give better support to users.

Technological Enhancements:-

Software companies like Intuit mainly focus on adding new features to improve user experience and security. Moreover, with every new edition of the QuickBooks Desktop, some new add-ons are added to the features, performance, and compatibility with the operating systems and hardware.

Compliance and Regulatory Changes Done:-

Software updates are important for users to comply with the company’s changing laws and standards. Similarly, Intuit also put an end to the older versions so that they can concentrate on improving the changes added to the new editions.

Crucial Points You Must Know Before QuickBooks Desktop Discontinued

Here, we have listed a few points you must know before the QuickBooks Desktop 2021 is discontinued.

You won’t be able to upgrade QuickBooks Desktop for unsupported users after July 31, 2024.
If customers don’t update their products by the end of July 2024, only QuickBooks Desktop and QuickBooks Online users will be available for sale.
Also, the product must be updated to a supported Plus version by the end of July 2024. The users must have a yearly subscription to the Plus edition.

Explore the Services that Are Affected After the QuickBooks Desktop 2021

Are you wondering which products or services will be hampered after the QuickBooks Desktop 2021 discontinuation? If that’s the scenario, you no longer need to worry. Read the pointers listed below for a better understanding.

1. Credit Card Processing:-

Payment Processing:-

While processing the payments in QuickBooks Desktop 20921, you will receive a pop-up message stating that the services aren’t available. However, that message will contain instructions for processing credit cards and checking transactions outside the QuickBooks application.

E-invoice:-

The users may also face difficulty processing the eInvoice by accessing the QuickBooks Desktop 2021. However, having a compatible version of QuickBooks and an active payment subscription is necessary to use this service.

Merchant Service Deposit (reconciliation):-

Users might be unable to download the credit card and check the details of the product.

Recurring Payments:-

You might face trouble while downloading the recurring payments. However, the best thing is that these transactions will be processed continuously. Moreover, you can process the recurring payments at the MerchantCenterIntuit.com.

2. Payroll Services:-

Assisted Payroll:-

After the end of May, the users won’t be able to compute the accurate payroll taxes, provide payroll forms, or let you send the payroll data using the QuickBooks Desktop 2021. Besides this, your subscription will be canceled, and your tax forms will not be filled on your part.

Payment Service For Worker’s Compensation:-

You may encounter difficulty processing Worker’s Comp Payments via the QuickBooks Desktop 2021 application. To run these services, you must have an accurate payroll subscription and an updated version of QuickBooks.

Payroll:-

After the amendment of the discontinuation policy, you might face issues while computing the payroll taxes automatically. Moreover, you may also notice that your paychecks will not be prepared correctly, and your subscription will be canceled.

Basic, Standard, or Enhanced Payroll:-

Users cannot accurately compute payroll taxes or payroll tax forms. You may also notice that your paychecks will not be processed properly, and your subscription will be canceled.

3. Other Services:-

Online Banking:-

Users might face issues downloading the latest transactions, sending online payments, or sending online transfers. The error message flashes entirely depending upon the download method.

QuickBooks Time:-

This service is no longer available in the QuickBooks Desktop 2021 edition. However, to synchronize QuickBooks Time Data with QuickBooks, shift to QuickBooks Online or use the web connector.

Contributed Reports:-

This feature is no longer in use with the QuickBooks Desktop 2021 edition.

Multi-Currency/ Exchange Rate:-

Switching on the feature to allot certain currency types to your profiles and accounts in the QuickBooks Desktop application may be difficult.

Accountant Copy Transfer Service:-

While accessing QuickBooks Desktop 2021, you may face problems when sending the accountant copies.

Is QuickBooks Desktop being discontinued in 2023?

According to the updates, after May 31, 2023, Intuit is going to put an end only to the QuickBooks Desktop 2020 versions. However, it might include QuickBooks Desktop Payroll, Desktop payments, a live support facility, online backup, online banking, etc.

Above all, users of QuickBooks Desktop 2020 editions won’t be able to get security updates to safeguard their data from unauthorized access from June 1, 2023. Furthermore, we have provided you with the list of products that will also be affected after the end of May 2023.

QuickBooks Enterprise Accountant 20
QuickBooks Desktop Premier 2020 (General Business, Contractor, Professional Services, Retail, Manufacturing & Wholesale and Non-Profit)
QuickBooks Desktop Pro 2020
QuickBooks Desktop For Mac 2020
QuickBooks Premier Accountant Edition 2020
QuickBooks Enterprise Solutions 20
QuickBooks Desktop Point of Sale 19.0

Concluding the Post!!

This comprehensive post has provided you with all the details regarding the QuickBooks Desktop Discontinuation policy. However, if you wish to get more help with your query, you can speak to highly certified experts for immediate assistance.

Frequently Asked Questions (FAQ’s):-

Question 1: Is the QuickBooks Desktop 2023 version going to be discontinued?

Ans. No, the QuickBooks Desktop 2023 version will not be discontinued in 2024.

Question 2: What are the key dates regarding the discontinuation of QuickBooks Desktop?

Ans. According to Intuit’s announcement, the following dates for discontinuing QuickBooks Desktop editions.

QuickBooks Desktop 2021- May 31, 2024
QuickBooks Desktop Pro and Premier 2021 versions:- June 1, 2024

Question 3: Will the QuickBooks Desktop 2021 still work after 31st May 2023?

Ans. The QuickBooks Desktop 2021 will work after 31st May 2023, but there are certain services that you won’t be able to access. Also, you won’t be able to receive any security updates, online support, or the application’s latest features.

Question 4: Why is QuickBooks planning to discontinue its Desktop version?

Ans. According to the latest announcement, Intuit has decided to discontinue the QuickBooks Desktop completely and switch to the QuickBooks Online version. This is because it is much more convenient to maintain one web-based platform for all users rather than creating different products that best suit the requirements.

Question 5: What Do You Understand by “QuickBooks Desktop is discontinued”?

Ans. QuickBooks Desktop is discontinued, which means that users won’t be able to use certain features, services, online support, or download the latest security patches. Moreover, new users will also not be able to purchase the edition of QuickBooks Desktop any longer.