Intuit is phasing out its accounting software, QuickBooks Desktop, and this will take effect from June 30, 2023. These changes will impact all UK customers.
Intuit stated that this decision is due to the Desktop platform increasing the risk of customers using outdated and non-compliant software, which could result in users missing important updates and failing to meet regulatory compliance.
Additionally, Intuit also plans to discontinue add-on services for QuickBooks Desktop after May 31, 2023.
This means you won’t be able to subscribe to live technical support or any other Intuit services that can be integrated with QuickBooks Desktop. Also, you won’t receive security patches and updates.
Intuit has advised that customers begin the process of transitioning to QuickBooks Online (QBO), which is still available.
While it may seem like a simple switch, businesses need to carefully consider whether QuickBooks Online meets all their requirements.
For example, there are many features and capabilities in QuickBooks Desktop that are not available in QuickBooks Online. Additionally, if you use third-party applications or services that integrate with QuickBooks Desktop, you may need to find compatible alternatives for QuickBooks Online.
NetSuite Financials: A More Powerful QuickBooks Desktop Alternative
Oracle NetSuite is a market-leading unified business management suite, trusted by more than 36,000+ organisations in 200+ countries. The suite combines Enterprise Resource Planning, Financial Management, CRM, and eCommerce solutions to provide businesses with a truly cover-all customisable, customer-specific, pixel-perfect experience.
NetSuite’s financial and accounting software is a worthy alternative to QuickBooks Desktop for businesses that want to move away from the platform. It offers all the features of QuickBooks Desktop, plus a wide range of features that aren’t available in the Intuit platform.
This powerful cloud-based financial ERP delivers a modern, scalable solution to run all core back-office operations, with an integrated business intelligence system that combines vital business data. It enables companies to manage all key financial processes in a single, fully-integrated system, thereby eliminating the need for multiple enterprise applications.
A suite of innovative and intuitive tools helps improve visibility over financial performance, automate processes, and reduce costs.
As NetSuite is completely cloud-based, you won’t have to worry about manual hardware setup and maintenance. It’s accessible from anywhere and at any time. It’s highly secure and compliant with a range of industry standards and regulations.
NetSuite Financial Management integrates seamlessly with other NetSuite modules, such as:
This streamlines critical business processes — such as quote-to-cash, procure-to-pay, etc. — and provides a single view of an organisation’s finances, sales information, and customer data.
Talk to us today!
With 25+ years of experience in providing finance and accounting solutions, FinanSys is the perfect partner to help you transition from QuickBooks Desktop.
Our team of highly competent and proficient finance system experts will assist you every step of the way to ensure that your switchover process goes as smoothly as possible.