Linda Tuttle

The Future of QuickBooks: Navigating the Discontinuation of QuickBooks 2020

Are you still using Quickbooks 2020 desktop version and you’ve been seeing the red notifications letting you know your service is going to be discontinued? 

Not sure what this means for you and your business? 

Let’s go over what that means and how you can move forward in your business with confidence.

With every episode of Linda Tuttle Adventuring Accountant TV, I like to equip you with a free resource that goes with the episode for the week.  

Since in this episode we're talking about the changes to Quickbooks and what you need to do next, I wanted to provide you with The Ultimate Quickbooks Selection Guide:  Find Your Perfect Fit.

After going through this guide, you will have a better idea of what version of Quickbooks is best for your business and how to get the best pricing.

You can download the FREE resource by clicking the orange button above.

Linda Tuttle

The Future of QuickBooks: Navigating the Discontinuation of QuickBooks 2020

If you are still using Quickbooks Desktop 2020 you have likely seen the red notice saying service is going to be discontinued.

Your access to QuickBooks Desktop Payroll, Desktop Payments, live technical support, Online Backup, Online Banking, and other services through QuickBooks Desktop 2020 software will be discontinued after May 31, 2023. This also means you won't receive critical security updates protecting your data starting June 1, 2023.

Why is this happening?  Quickbooks has required you to update your version in the past, but they are now requiring that you not only update but you pay an annual subscription fee to have access to services.  But like most technology, they are wanting people to move to their cloud based software.  Of course subscriptions are also a great way to increase their revenue.

I know this can be frustrating.  I didn't want to make the change for a long time, but I did move to Quickbooks Online many years ago, and I have come to love many features of it.

So since you can't avoid this change, you have the option to upgrade your Quickbooks Desktop version and pay the annual subscription fee, or you can make the jump into Quickbooks Online.  

Quickbooks Online is a bit different than desktop if you are used to it, but the features really have improved and it is great for many reasons.  Your accountant will love you also because if you are using Quickbooks Online it makes it much easier for them to help you.

There are several versions of Quickbooks Online to fit the needs of your business.

Simple Start 

I put together a free guide to help you determine which version of Quickbooks is best for you.  So don't forget to grab that.  

Resources Mentioned

Profit Booster Crash Course - Learn More Here

Best Pricing for Quickbooks Products - Learn More Here

You can download this FREE resource by clicking the yellow button below 👇

Linda Tuttle
Linda Tuttle

I hope you found value in this post. I share a new weekly training here on the blog each week for you, with different topics to help you grow your business and maximize your income so you can live the life you want as you prepare for retirement. If there are topics you would like me to cover, let me know.

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