QuickBooks Desktop by Intuit is among the most popular accounting software suites for small and midsize businesses. As they roll out their 2024 update for QuickBooks Desktop with a host of exciting improvements, businesses wonder what’s new and whether they should upgrade right away.
This article summarizes the essential capabilities, pricing plans, and information on how to download QuickBooks Desktop 2024 so you can evaluate if migrating to it makes sense.
Top Features in QuickBooks Desktop 2024
QuickBooks Desktop 2024 comes jam-packed with upgrades spanning the depth and breadth of financial management for US-based businesses. Here is an overview of some of the most useful ones:
Enhanced Transaction Tagging with AI
Hundreds of daily transactions ranging from customer invoices to vendor expenses, inventory receipts, and bank charges have to be correctly classified and reported by bookkeepers. QuickBooks Desktop 2024 uses the latest artificial intelligence to automatically assign categories, tax codes, and other information to transactions in one click based on similarities with past data. This automatic transaction tagging reduces repetitive tasks while increasing accuracy for business managers and accountants.
Tighter credit card integrations
From payment reconciliation to tracking rewards points and fees, credit cards play an important role in small business finances. The latest QuickBooks Desktop release builds further on Intuit's acquisition of Credit Karma to sync critical information with business cards transparently. Important details like balances, charges, cashback earned, limits, etc. are available within QuickBooks Desktop 2024, so you don’t miss crucial action items.
More powerful search tools
Business finances often involve looking up past transactions, invoices, or inventory details for various needs. The enhanced QuickBooks Desktop 2024 search algorithms, coupled with filters, wildcards, and advanced find options, make the process much faster based on keywords, amount, date, location, etc. This time-saving helps accountants when handling client tasks as well.
From simple interface tweaks to underlying reporting engine upgrades, QuickBooks Desktop 2024 aims to boost business productivity.
How much does QuickBooks Desktop 2024 cost?
QuickBooks Desktop is available in three primary versions: Pro, Premier, and Enterprise. Each subsequent edition packs more features, customization, and simultaneous user access for the needs of larger business teams.
Here is an overview of QuickBooks Desktop 2024 pricing based on the licensing model:
QuickBooks Pro 2024 (single user): $300 per year QuickBooks Premier 2024 (up to 5 users): $440 per year QuickBooks Enterprise 2024 (up to 30 users): $1600 per year
Voluntary multi-year subscriptions for Premier and Enterprise unlock greater savings of up to 50% off. Pricing displayed does not include add-on services like payroll, payment processing, remote support, etc. that have additional overhead ranging from $30 to $100 per month, based on scale.
Businesses can choose between cloud or desktop delivery. We focus on desktop pricing here, as online hosted plans have the same base fees but are charged monthly without a long-term commitment.
Understanding the variances among Pro, Premier, and Enterprise versions allows selecting the appropriate edition based on current and future financial management needs.
Downloading QuickBooks Desktop 2024
New Customer Purchase
Head to the QuickBooks Desktop store at https://quickbooks.intuit.com/desktop and select the 2024 release edition you need. Choose a single- or multi-user license, opt for the Windows or Mac version, confirm billing details, and complete checkout.
On verification, you can instantly download the installer file for QuickBooks Desktop 2024 along with your trial license key via email.
Upgrading an Existing License
If you have an older supported QuickBooks Desktop installed already that you wish to upgrade to the 2024 edition, visit https://account.qbtaxadvisor.com and sign in.
Navigate to the Downloads > QuickBooks tab and click the Download Now button alongside the QuickBooks Desktop 2024 version. This will fetch the latest installer to upgrade your software.
Once the download is complete, proceed with the installation steps below to apply and activate the 2024 release.
You are now all set to experience the latest capabilities within QuickBooks Desktop 2024 relevant to your business. We hope you find this rundown of the pricing, features, and how to download QuickBooks 2024 informative. Share your feedback on which elements seem most useful or areas that need improvement in your view.
Navigating Key Improvements in QuickBooks Desktop 2024
Beyond the major feature upgrades in transaction automation, search, and credit card integrations, there are 50+ small yet powerful tweaks included in the QuickBooks Desktop 2024 release, spanning:
1. Banking Workflows
- Connect double the accounts to enable automatic transaction downloads.
- Assign tags when downloading to auto-classify transactions.
- Faster reconciliation capabilities directly compare bank vs. QuickBooks transactions.
- Attach digital copies of checks, deposit slips, etc. against transactions.
2. Inventory Management
- Barcode scanning improves inventory receiving, transfer, and adjustment workflows.
- Serialized inventory tracking is now possible at the unit level with unique identifiers.
- Automated alerts when inventory stock count is low to prevent stockouts
- Track item assemblies that combine components with bills of materials.
3. Payroll Management
- Automated commission and incentive pay calculations for sales teams
- Stronger compliance with overtime, minimum wage, and vacation accrual norms
- Direct feeds into payroll filings like 940 and 941 schedule forms
- Employee self-service portal for payslips, time tracking, and leave requests
4. Reporting upgrades
- Modern graphical reports with support for drill-downs to underlying details
- Memorized reports that can be scheduled and auto-emailed securely
- Pixel-perfect customization with advanced filters, parameters, and branding
- Report-writing tool to modify existing reports or create brand new ones
5. Access and Security
- Restrict data visibility on a need-to-know basis with over 30 granular user roles.
- Complete end-to-end transaction logs enable financial audits showing exact edits.
- Remote access allows accountants and bookkeepers to securely work across networks.
- Multi-factor authentication protection against unauthorized access
6. Customization Options
- Forms and template designer tools to customize invoices, purchase orders, etc.
- A graphic workflow designer enables configuring business processes like approvals.
- 600+ 3rd party developer integrations with apps like payroll, CRM, e-commerce, etc.
- Modify over 150 preferences to tailor terminology, item lists, and other specifics.
While individual capability improvements may seem minor in isolation, together they enable much smoother daily financial workflows for business owners, bookkeepers, and accountants alike. Upgrading to QuickBooks Desktop 2024 allows you to immediately take advantage of these latest features and enhancements engineered by Intuit.
With multi-year access and discounts offered as well, unlocking these smarter financial management capabilities results in attractive value. We hope you find this detailed feature breakdown and pricing summary useful. Share your thoughts or queries in the comments section below!
