QuickBooks Desktop 2024: Pricing, New Features, and More You Need to Know
QuickBooks Desktop continues to be the preferred accounting software for small businesses that want robust functionality without having to pay a monthly subscription. The latest 2024 version builds on the reliability that users love while adding some exciting new capabilities.
Pricing for QuickBooks Desktop 2024
Intuit has maintained 2020 pricing for the QuickBooks 2024 lineup. Users can purchase QuickBooks Pro for a one-time fee of $299.99 or QuickBooks Premier for $449.99. For small business owners who want additional users and advanced functionality, QuickBooks Enterprise starts at $1,600 for the first year.
While the upfront cost is higher than subscription options, you end up saving money over time by owning the software permanently instead of paying a monthly fee. Intuit also occasionally offers discounts around the holidays, so keep an eye out for deals.
Top New Features
QuickBooks Desktop 2024 delivers improvements focused on ease of use, smarter insights, and enhanced reporting. Here are some of the most exciting new features small businesses will benefit from:
Simplified Inventory Management
Manually tracking inventory can be tedious for product-based businesses. The new Inventory Center provides an intuitive hub to view key details like stock levels, valuations, and popular items. Setting up products is easier, too, with batch editing capabilities.
Smart Reports
Reporting is crucial for understanding the state of your finances. QuickBooks now suggests reports tailored to your business and lets you compare date ranges in one view. The visually appealing graphs and charts make it simple to spot trends.
Receipt Management
No more frantically searching for paper receipts! The improved Receipt Capture feature allows you to take a photo of a receipt and automatically match it to bank imports for easier categorization.
Advanced Budgeting Tools
Creating accurate budgets is [critical] for businesses to plan finances and reach goals. QuickBooks 2024 offers customizable budgets with higher complexity, plus forecasting tools to predict future cash flow.
Improved Payroll
Running payroll smoothly keeps employees happy and retention high. QuickBooks Payroll gets [enhancements] like location-based tax capabilities, contractor payments, and reminders to file returns and make deposits on time.
More Integrations
QuickBooks already connects to many apps small businesses use daily. New [integrations] introduced include HubSpot CRM, Mailchimp marketing automation, and attenuated Slack communication.
These shiny new capabilities build on top of the classic functionality that has made QuickBooks 2024 Desktop a favorite for over 30 years: robust accounting, invoicing, nonprofit controls, multi-user access, transaction splitting, smart reports, and so much more.
QuickBooks 2024 FAQ
Here are answers to some frequently asked questions small business owners may have about the latest version of QuickBooks Desktop:
What are the system requirements to run QuickBooks Desktop 2024?
Most Windows PCs purchased within the last 3–5 years that run Windows 10 or 11 will support QuickBooks Desktop 2024 smoothly. Make sure you have at least 2 GB RAM and 2.4 GB free storage space.
What if I’m currently using QuickBooks 2021 or 2022?
No worries — your QuickBooks company file will seamlessly upgrade when you install QuickBooks Desktop 2024. You won’t lose any data!
Is QuickBooks still releasing CD/installed versions or only downloads now?
While Intuit is focusing on cloud products, they still offer physical CDs for QuickBooks Desktop Professional 2024 if required. Just select this option during checkout.
When will QuickBooks 2024 be available?
Historically, new versions launch around August-September of the previous year. Expect QuickBooks Desktop 2024 downloads and discs to become available in late Q3 of 2023.
What if I need help understanding the new features?
Intuit provides excellent live support 9 am-10 pm ET on weekdays and 3 pm-10 pm on weekends. You can also access onboarding guides, video tutorials, FAQs, and community forums 24/7. Consider hiring a QuickBooks expert online or locally if you need assistance optimizing workflows.
Can I still use my current version if I don’t want to upgrade yet?
Absolutely! Older versions of QuickBooks Desktop will continue functioning. However, Intuit ends support and patches after three years, so upgrading before 2026 is recommended.
