QuickBooks Desktop service 2020 discontinuation policy

If you use QuickBooks Desktop or Premier to manage the finances of your business, you should be aware of the discontinuance policy for this service. QuickBooks Desktop will no longer be available as a subscription product as of 1 July 2023.

Until January 31, 2023, all current subscribers will have access to continue utilizing the software. All users will be required to upgrade to a newer version of the program after the specified date.

Policy Regarding the Discontinuation of QuickBooks 2020

The QuickBooks Desktop service will be discontinued shortly. If you are already using QuickBooks Desktop to manage the finances of your business, we recommend that you migrate your data to our more modern and intuitive QuickBooks Online service.

Beginning on December 15, 2017, Intuit will no longer offer QuickBooks Service Discontinuation Policy for download or sale. Before this date, we advise all users to migrate your data to our new and improved QuickBooks Online service.

We recognize that this may be challenging for some individuals, and we are here to assist. We have produced a migration guide that will assist you in transferring your data to our new service.

What is QuickBooks Desktop?

Application used to manage one’s finances. It contains functions such as cost tracking, tax filing, and budgeting. QuickBooks Desktop is no longer available for purchase or download at this time.

How will my data be handled following the cessation of QuickBooks Desktop service?

If you utilise QuickBooks Desktop, you should be informed that the service will be discontinued on January 12, 2023. In the meanwhile, if you require assistance with your data, please contact our customer service staff. Here is a list of what will occur after the service is discontinued:

After the QuickBooks Desktop service is discontinued, clients will be required to transfer their data to QuickBooks Online. For data migration, customers will have two options: the migration wizard and the migration assistance. The migration wizard will become available on January 15, 2020. The migration helper will be accessible beginning on 15 March 2020.

A migration wizard is an online tool that guides clients through the data migration process. The wizard provides users with step-by-step instructions and a progress meter so they can monitor how much data they are transferring and how long the process will take. You can access the wizard at quickbooks.com/online migration.

You may also avail of the QuickBooks Data Services

Customers can move their data using the Assistant web-based application without using the wizard. The assistant features both an import and export wizard. Additionally, customers can utilize the assistant to explore their data and locate missing files.

Customers who wish to retain their data following the discontinuation of QuickBooks Desktop Payroll 2020 can migrate it using the migration wizard or the migration assistance. Customers who want to retain their data after the termination of QuickBooks Desktop service must contact their

All data will be permanently destroyed If your subscription is active, your data will be moved to QuickBooks Online. If you do not have a current membership and your 30-day free trial has expired, your data will be destroyed.

What options do you have if you must relocate your data before the service expires?

There are three alternatives available for data migration: converting to an online version of QuickBooks, transferring data to a different accountant, or using a third-party migration application.

The first alternative is to utilise QuickBooks Online. If you already use the online version of QuickBooks and wish to continue using it, you should choose this option. You can migrate your data by logging in at myaccountant.quickbooks.com. After logging in, select Online from the Use Online Version drop-down box under File > Accountant Connection Settings > Preferences > Accountant Version Settings. Then, press OK.

The second method involves transferring your data to a new accountant. If you do not want to use the online version of QuickBooks or if you want to use a different accountant, this alternative is suitable. By visiting myaccountant.quickbooks.com and selecting Transfer Data, you can transfer your data.

You may also like to read: This company file needs to be updated QuickBooks 2023

Do any exceptions exist to the policy?

For Intuit account holders in the United States, the QuickBooks 2020 Discontinuation Policy will be in effect until December 31, 2023.

They have announced that the QuickBooks Desktop service will be discontinued on December 31, 2022. After this date, users will no longer be able to access their data or files. There are a few exceptions to this guideline, though.

If you are a U.S.-based account member who has already paid for a full year of subscription, you will have access to the service until December 31, 2023. If you have not yet paid for the full year of service, your subscription will expire on December 31, 2020, and you will no longer have access to the Service.

If you are a non-U.S. account holder who has paid for at least three months of service, you will be permitted to continue using the service until December 31, 2020. If you have not yet paid for at least three months of service, your subscription will expire on December 31, 2019, and you will no longer have access to the Service.

Conclusion

Use both newer and older versions of QuickBooks Desktop if you’ve used it for a time or if you’re an accountant with a large customer base. Multiple versions and editions (Pro, Premier, Enterprise) can be installed on the same computer.

Access to QuickBooks Desktop Payroll Services, Live Support, Online Backup, and Online Banking, as well as other services, will be withdrawn after May 31, 2023, according to the QuickBooks 2020 Discontinuation Policy. The platform quickly organizes invoices and transactions, collects payments from businesses, and handles payroll duties. Intuit recently stated that outdated versions of QuickBooks Desktop will be discontinued.