That data will then need to be saved and then exported so that you can use it for reference. First, you’ll need to import your lists of customers and suppliers, along with your opening and closing balances at the end of the fiscal year. Intuit has provided no migration path for this process, so it will be a little laborious. Can I export Desktop data to QuickBooks Online in Ireland? That’s especially galling when Desktop will continue to be updated and supported in the US. It seems clear that there is little commitment from Intuit in terms of UK customers. Xero, Sage, and QuickBooks have seen a growing number of complaints and criticisms about the lack of transparency, support, and communication with UK-based accountants and businesses.įor Intuit and QuickBooks Desktop, this is simply another market exit that doesn’t inspire confidence.
#QUICKBOOKS DESKTOP APP SOFTWARE#
The announcement about the discontinuation of QuickBooks desktop comes as there is growing discontent with the big accounting software vendors in the UK. Dissatisfaction with big accounting software vendors For users hoping to export their data from desktop to Online, the fact is that there are entire sections available on the desktop that aren’t on QuickBooks Online. One other major issue is that QuickBooks Desktop is noticeably more robust than the QuickBooks Online service. There are calls for the decision to be backtracked, but this seems unlikely. The main issue is that exported data may not be sufficient for year-end accounts, which is vital for keeping HMRC happy. All of that data will need to be exported to your chosen QuickBooks alternative.Ĭustomers aren’t happy about this decision by QuickBooks. If you’ve been using QuickBooks Desktop, you will have to migrate your accounting data to an alternative before the deadline of January 31st 2023. Streamlining those services is critical, and when users of QuickBooks Desktop had to utilise multiple add-ons to connect with their accounting service, it’s easy to see why it rapidly became obsolete.
With the incredible pace of digital transformation required by firms in the wake of a global pandemic, digital services are becoming the norm. In their announcement about the discontinuation of QuickBooks Desktop, Intuit said, “Given the recent changes to accounting and tax regulations, and with more on the horizon, we need to ensure you’re on a product that can be supported with regular updates.”Ĭloud-based accounting software is now an essential requirement for any business with one eye on the future. The cancellation is down to users missing out on vital updates thanks to outdated and even non-compliant software for their accounting.
#QUICKBOOKS DESKTOP APP FULL#
Intuit said in their email to UK desktop users, “We won’t be launching a 2022 edition of QuickBooks Desktop in the UK, but you will continue to receive full support until 31 January 2023.” After that time, there will be no support for desktop, and it will no longer be accessible. They stated that any business using the desktop version of QuickBooks would need to find a QuickBooks alternative by midnight of January 31st 2023. Intuit, the company behind QuickBooks, announced the discontinuation of QuickBooks Desktop on October 20th 2021. And when HMRC is continuing to push their Making Tax Digital initiative, cloud-based software is looking like being the key to more streamlined business and financial management. It’s confirmation that cloud-based accounting software will always be safer to use and considerably more reliable than anything that’s limited to desktop use only. While the online version of QuickBooks will remain available, anyone using the desktop version will need to rethink their accounting needs. This has been a major blow for many businesses that rely on QuickBooks and the clock is ticking for business owners to find alternative accounting software. Any business currently using the desktop version of the QuickBooks accounting software should know by now that on February 1st 2023, it will be discontinued.
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