Intuit has announced the discontinuation of services for QuickBooks Desktop 2020, with the termination of add-on services scheduled for May 31, 2023. Users relying on QuickBooks Desktop 2020 will lose access to critical services such as Desktop Payroll, Payments, and Support, as well as security patch updates safeguarding data. After May 31, 2023, QuickBooks Desktop Pro, Premier, and Enterprise Solutions v20 will no longer be supported, necessitating action on the part of users.
To prevent service disruptions, it is recommended to transition to QuickBooks 2023 or QuickBooks Online. The cessation of services implies a loss of access to features, add-on services, and the inability to subscribe to live technical support. Discontinued versions will no longer receive security patches or updates, including crucial components for data protection.
Even for users not utilizing add-on services, continuing with QuickBooks Desktop 2020 is discouraged due to the absence of technical support and updates, particularly security updates vital for fraud prevention.
Apart from QuickBooks Desktop 2020, other Intuit products, notably QuickBooks Desktop Point of Sale 19.0, will cease to be supported after October 3, 2023.
Options for bookkeeping software include upgrading to a newer version of QuickBooks Desktop, switching to QuickBooks Online, or opting for another cloud-based platform like Microsoft Dynamics. Upgrading ensures ongoing support and access to the latest features, while QuickBooks Online offers a cloud-based, future-ready, and cost-effective solution with enhanced features.
The transition process from QuickBooks Desktop or Enterprise to QuickBooks Online involves moving data, and resources are available to guide users through this strategic transition. QuickBooks is committed to facilitating the migration, providing discounts and support to ensure a seamless move. The problem for many of our small and Medium Sized Business (SMB) customers is that the footprint for QuickBooks online is unwieldy. For those ready to migrate and seeking assistance or wishing to focus on their business while outsourcing bookkeeping, contacting the TSI team is a good starting point. Tekmar Solutions, Inc has expertise with various packages to meet diverse needs. Schedule a Technology Strategy Session Today for assistance.