In 2018, Intuit announced the official sunsetting of their QuickBooks Desktop 2016 software. As of June 1, 2019 Intuit also discontinued critical security updates to their software. If you haven’t yet, now is the to switch to the newer cloud-based version of QuickBooks Online.
What Does It Mean?
Since June 1st, Intuit discontinued services including Online Banking, Desktop Payroll Services, Live Support, Online Backup, and other services through QuickBooks Desktop 2016. This applied to both PC and Mac versions of the software.
This means users can no longer access these features of their desktop software, and you’ll no longer receive any new, critical security updates. This will leave your version of QuickBooks vulnerable to data breaches.
Do I Need to Buy New Software?
You will need to switch to a newer version of QuickBooks like QuickBooks Online. Because of the discontinuation, you’ll be unable to access support to troubleshoot issues on the QuickBooks Desktop 2016 software. Your data will still transfer over to the new software once you convert it to work with your new version of QuickBooks.
Should I Switch to QuickBooks Online?
QuickBooks Online, unlike the Desktop software, doesn’t need to be installed. It’s a completely online platform, so you can access it from a browser. This makes it easier to access your business’ data. QuickBooks Online also integrates with other platforms and apps to give you more robust functionality for your business.
Fattmerchant’s Omni platform integrates with QuickBooks Online to sync customers, invoices, payments, and more between the two platforms. This totally eliminates the need to reconcile your payments and QuickBooks bookkeeping.
The bottom line with this sunsetting is that Intuit will no longer support QuickBooks Desktop 2016 software. You’ll need to upgrade to a new version of software if you want to manage your bookkeeping. Once you’ve switched to the newer software, you’ll have access to more features with better, current security measures.
Is QuickBooks Online better than QuickBooks Desktop?
There are a number of reasons that switching to QuickBooks Online will make your life easier. Here are some of our favorite features:
- Access your business anytime: With QuickBooks Online, you can check on your customers, invoices, and more from any smartphone device. This is great for business owners on the go or with multiple business locations.
- Upload receipts from your phone: Say goodbye to clunky and difficult scanners. Take photos of receipts on your phone and quickly upload to your QuickBooks account.
- Faster reconciliation: Integrate your credit card processing into QuickBooks Online to eliminate manual data entry.
Related Content: Fattmerchant vs Quickbooks Online Payment Processing
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