QuickBooks Desktop software is periodically updated with new versions that provide additional features, improvements, and fixes. Updating to the latest QuickBooks Desktop release helps you stay current and access the newest capabilities. With QuickBooks Desktop 2024 arriving later this year, here is a guide on updating to the most recent version.
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Overview of QuickBooks Desktop Updates
Intuit releases a major update to QuickBooks Desktop each year, usually around August/September. These updates bring new features, performance enhancements, UI changes, and bug fixes.
QuickBooks Desktop updates are numbered by year. For example, QuickBooks Desktop 2023 is the current release. QuickBooks Desktop 2024 will be the upcoming new version this year.
It is recommended to update QuickBooks Desktop every 2 to 3 years to stay reasonably current. Routine updates help you leverage the latest tools and fixes.
Why Update to the Latest QuickBooks Desktop?
Updating provides several benefits:
- Get New Features – Access helpful new capabilities like improved reporting or expanded integrations
- Enhanced Performance – Updates include tech enhancements to optimize speed and stability
- Improved Security – Critical security patches and protections are rolled into updates
- Updated Compliance – Stay compliant with changing tax codes, forms, and regulations
- Fixes Bugs – Updates resolve bugs, errors, and issues identified in older versions
Updating is especially useful after using QuickBooks Upgrade 2024 Desktop for a few years. Refreshing the software improves overall functionality.
How to Update QuickBooks Desktop
Updating to the latest annually released version of QuickBooks Desktop is straightforward:
- Check Update Eligibility – Confirm your QuickBooks Desktop edition qualifies for the free update to the newest version.
- Backup Your Company File – Fully back up your QuickBooks data file before installing any update.
- Download the QuickBooks Desktop Update – Access the update installer file from your Intuit Account or the QuickBooks Desktop software.
- Run the Update Installer – Launch the installer and follow prompts to update QuickBooks Desktop on your computer.
- Verify Update Successful – Confirm data and settings carried over properly after updating to the new version.
Be sure to review Intuit's detailed update installation instructions for your QuickBooks Desktop edition to ensure a smooth update.
Updating QuickBooks Desktop Pro or Premier
For most editions like QuickBooks Desktop Pro and Premier, updating to the latest version is straightforward:
- Backup data
- Download update
- Run update installer
- Verify update
The installer will handle updating your company files seamlessly to the latest release.
Read Also: QuickBooks Helpline Number
Updating QuickBooks Desktop Enterprise
The process for updating QuickBooks Desktop Enterprise is similar but includes a few extra steps:
- Use the Database Server Manager to update the database server
- Update Enterprise on all user computers
- Update QuickBooks License Manager
- Notify users not to access Enterprise during the update
- Verify customized settings and integrations migrated correctly after update
Consult the Enterprise update documentation for the specific steps.
When to Update QuickBooks Desktop?
Aim to update QuickBooks Desktop every 2-3 years or when a major new version arrives that benefits your business needs. Updating too frequently may disrupt workflows.
Allow some time after a major new release to update in case any bugs are discovered initially. Many businesses wait 2-4 months before updating to the latest version.
Do I Have to Update QuickBooks Desktop?
Updating QuickBooks Desktop is recommended but generally not required. Older supported versions will continue to work.
However, updating provides the improvements and features that can optimize QuickBooks Desktop for your business needs. You also gain access to the latest fixes and security protections through updates.
Key Takeaways on Updating QuickBooks Desktop
Updating QuickBooks 2024 Desktop to the newest annually released version provides your business with the latest tools, enhancements, and fixes. Follow the straightforward update process to transition your company file seamlessly to the newest version. Aim to update QuickBooks Desktop every few years or when major new features are released that benefit your business.
