Upgrade QuickBooks Desktop to 2024

Do you need help in moving to QuickBooks Pro, Premier, or Enterprise? Don't look forward! This easy-to-follow instruction will assist you with this. Known for its accounting features, QuickBooks Desktop software is an important tool for any business. Whether you choose QuickBooks Desktop Pro, Premier, or Enterprise, regular software upgrades are essential to stay current with new features, security enhancements, and bug fixes. Upgrading QuickBooks Desktop to 2024 will bring many new features.

What are the Advantage of Upgrading to QuickBooks Desktop 2024?

With its new features, QuickBooks Desktop 2024 enables users to track customer prepayments, automate routine processes, improve security, and much more. Learn about the advantages of updating to QuickBooks Desktop 2024 in this section:

• With QuickBooks 2024, users may efficiently manage their cash flow and finances.
• The Google Chrome browser can be used to record transactions in QuickBooks 2024.
• QuickBooks Desktop 2024 collaborates with team members and permits data and document sharing among team members.
• QuickBooks Desktop 2024 users may notice quicker load times and processing speeds, which will increase efficiency and save time.
• Because the software can run with Windows 10, users may monitor their finances with QuickBooks Desktop 2023 and the latest Windows software.

What are the New features in QuickBooks Desktop 2024?

QuickBooks Desktop 2024 includes several new features and improvements across various areas of the software. Here are some of the key updates:

Security Enhancements

• AES 256 Encryption: QuickBooks Desktop 2024 uses 256-bit encryption, providing an additional layer of security against data threats.
• Smart Security System: The software now includes a smart security system that can identify and block new threats in real-time.

Improved User Interface

• Modernized Design: QuickBooks Desktop 2024 features a modernized user interface with a fresh look and feel, making it easier to navigate and use.

Advanced Reporting Capabilities

• Custom Reports: Users can create custom reports and dashboards to track key performance indicators (KPIs) and generate reports for specific stakeholders.
• Export Custom Reports: Reports can be exported to various formats, including Excel, CSV, or PDF.

Improved Integration Options

• Automation Features: QuickBooks Desktop 2024 includes several new automation features, such as reconciling accounts and sending invoices automatically.

Increased Automation

• Recurring Transactions: Users can schedule recurring transactions to be processed automatically, reducing the risk of errors.

Enhanced Item List Search

• Faster Search Utility: The search utility has been enhanced to provide a faster search feature for items in the inventory.

Improved Payroll Module

• Direct Deposit: The payroll module now includes the ability to set up direct deposit for employees, eliminating the need for paper checks.
• Payroll Access Rights: Users can assign payroll access rights to specific users, enhancing security and control over sensitive payroll information.

Enhanced Reporting

• Custom Fields: Users can add custom fields to transactions such as invoices, bills, and purchase orders to capture specific details relevant to their operations.
• Export Custom Reports: Reports can be exported to various formats, including Excel, CSV, or PDF.

Other New Features

• Budget Management: Users can create and manage budgets directly within QuickBooks Desktop.
• Carbon Footprint Tracking: The software includes a carbon footprint tracking feature to help businesses track their environmental impact.

These new features and improvements aim to enhance the overall user experience, improve security, and increase productivity for businesses using QuickBooks Desktop 2024.

What are the QuickBooks 2024 System Requirements for Upgrade?

The optimized system requirements of QuickBooks 2024 guarantee seamless operation. Better handling of financial duties is guaranteed by improved performance, which also offers a seamless user experience.

QuickBooks Desktop 2024 System Requirement for Upgrade

What are the Current Release Numbers for each version of QuickBooks Desktop?

Follow these procedures to verify the most recent updates for each version of QuickBooks that are available:

• Start by opening QuickBooks Desktop.
• Press and hold F2, sometimes known as Ctrl+1, to bring up the Product Information window.
• Next, review your most recent release and version, which comprises: 
  • QuickBooks 2024 R1
  • QuickBooks 2023 R7_25
  • QuickBooks 2022 R9_74
  • QuickBooks 2021 R13_19

What are the Easy-to-update QuickBooks Desktop 2024?

Depending on the needs, users can update the QuickBooks Desktop program automatically or manually.

To download and install all of the latest updates as soon as they become available, turn on automatic updates.

The choices for updating software to the most recent version are shown below:

• Automatic update method (default setting)
• On-demand (immediate) update method 
• Release download
• Manual QuickBooks update

What are the Requirements Steps Before Upgrading to QuickBooks 2024

Before proceeding, confirm that you have completed all of the tasks mentioned below:

• Examine the specifications for the system.
• Make a backup of the corporate file.
• Try updating the format of your company file to the new one.
• To ensure the integrity of your company file, double-check and recreate your data.
• Turn off your firewall and antivirus programs for a while.
• Update your software regularly.

What is the Automatic Update Method (Default Settings)?

Updates for QuickBooks are downloaded and installed automatically by default.

If customers prefer not to use the automatic update option, which is not advised, they can disable the updates automatically.

The following steps below help update QuickBooks using the automatic update feature:

• You have to open your Existing Version of QuickBooks.
• Next, select the Help menu.
• Choose Update QuickBooks Desktop now.
• When finished, you have to select the Get Updates option by clicking on the Update Now tab.
• Finally, to finish the upgrading process, you have to close and restart the QuickBooks program.

On-Demand (Immediate) Update Method

You can get the latest updates from the official Intuit website using this on-demand option. Maintaining access to your software during the update download is not necessary. This is a method that you can use if you want to receive updates instantly.

Note: If the option for automatic updates is enabled. It is advised to check for updates once a month at the very least.

We've covered how to check for and install any updates that may be available below: 

• Start by opening QuickBooks and then take your cursor over the Help menu.
• Click on the Update QuickBooks option now.
• Next, you have to choose which updates to download, then select Get Updates. More information about the updates that are added can also be found in the Updates column.
• Click on the Maintenance Releases link to view the updates' changes and enhancements on a new page.
• If you are asked to apply the update now or later, then what you have to do is to close and restart QuickBooks. Then, select Apply Now (or Yes) to begin the installation process.
• After the installation has successfully finished, you have to restart your computer.

How to Upgrade to QuickBooks 2024 - Manual Upgrade Method

Follow the below steps for manually upgrading to QuickBooks 2024:

• Begin by closing QuickBooks and your company files.
• Then, on Windows go to the Start menu and search for QuickBooks Desktop.
• Next, you have to select Run as administrator by right-clicking on the icon.
• Then, you have to hover your cursor over the Help menu on the No Company Open window, then you have to choose Update QuickBooks Desktop.
• Next, select Mark All from the Options menu, then hit Save.
• Now you have to select the Reset Update checkbox after choosing the Update Now tab.
• Click Get Updates when you are prepared.

Download and Install QuickBooks Desktop 2024

Note: You have to make sure that your system follows the latest release of QuickBooks.

Step 1: You have to collect your QuickBooks Valid License or Active Subscription details. Make sure that you follow the below information if you haven’t had an Active Subscription or Valid License. 

Create or Log in to your Account

Using QuickBooks for a long time, it is really easy to log in with your credentials. In case you don’t want then by following the below steps you can create a new user:

• Go to the Intuit accounts page and then you have to choose Create an Account link.
• Now, you have to enter your email address and phone number.

Note: In case you notice a “This user ID is already taken” message then it indicates you already have an account.

• If you have forgotten the user ID or Password link then you can type your email address and then you can create a unique password.
• Once it is done then you have to select Create Account.

Download QuickBooks Desktop 2024

When the QuickBooks Desktop 2024 purchase is complete and if you have logged in to your Intuit account, then you have to follow the steps as mentioned below:

• From your Intuit account dashboard, you have to go to the Products and Services Page.
• Then you have to choose Yes, No, or Not sure accordingly, in case you want to use QuickBooks Desktop in multi-user mode.
• After that, you have to select your country.
• Now you have to choose the version (Pro, Premier, or Enterprise) according to your requirements.
• Then you have to look for the latest QuickBooks release in the list of products and then you have to click on it.
• After that, for QuickBooks Desktop 2024 you will be directed to the download page.
• Now you have to press Download and the downloading process will start.

Activate QuickBooks Desktop 2024

To activate QuickBooks Desktop 2024 after the installation you have to follow the below steps:

• From the QuickBooks toolbar that is at the top, you have to select Help.
• From the dropdown menu that is displayed on your screen, you have to select Activate QuickBooks.
• When a window pops up you have to fill in the information that is required and it will ask you to enter your valid license and product key number.
• After that, you have to select the one installation method that is between quick or manual installation as per your preferences.
• Now you have to properly read and agree to all the terms and conditions that are mentioned in the licensing agreement. Now you have to press Next or Accept to proceed.
• Lastly, to finish the activation process you have to click Activate. Now, to check your product and licensing details QuickBooks is ready.

Conclusion

Upgrading to QuickBooks Desktop 2024 enables businesses to adapt to changing requirements, streamline operations, and drive growth. With its comprehensive features and ongoing support, it serves as a cornerstone for financial management excellence in today's fast-paced business environment. All the important steps regarding upgrading QuickBooks Desktop to 2024 are mentioned above. In case still you face any kind of issue then you can call the help desk team.

Frequently Asked Questions (FAQ)

Q 1: Can I upgrade directly from QuickBooks 2023 to QuickBooks 2024?

Ans: Yes, you can upgrade directly from QuickBooks 2023 to QuickBooks 2024.

Q 2: Do I need to repurchase QuickBooks 2024?

Ans: No, you do not need to repurchase QuickBooks 2024 if you are already using QuickBooks 2023.

Q 3: To upgrade to QuickBooks 2024, do I have to repurchase it?

Ans: No, you don’t have to buy QuickBooks 2024 again, in case you have a working license for QuickBooks 2023. You just have to get the right QuickBooks 2024 installation files and then activate them with your current license and product details.

Q 4: Do you have to update QuickBooks every year?

Ans:  No, it's not required to update QuickBooks every year. However, if you wait for a long time to upgrade, the system running QuickBooks may have performance issues.

It is advised to update QuickBooks regularly to prevent any inconvenience with the accounting process.

Q 5: Can you update QuickBooks without a subscription?

Ans: Yes, provided that the customer bought QuickBooks just once. You may update QuickBooks using the Upgrade QuickBooks option on the Help menu. The steps are mentioned below:

• From the help menu, you have to select the Upgrade QuickBooks option.
• Click the "Upgrade Now" button after selecting the version you wish to upgrade to—in this case, the 2024 version.

QuickBooks will automatically download, install, and activate the latest version for you in addition to updating your company files. Additionally, you can choose to upgrade QuickBooks without changing from your current version.  Simply you have to select "Keep old version on my computer" and press "Let's go."

Q 6: Can I go straight from QuickBooks 2023 to QuickBooks 2024?

Ans: Yes, upgrading straight from QuickBooks 2023 to QuickBooks 2024 is feasible without the need to get any intermediate versions. Just confirm that your PC has the installation files for the QuickBooks 2024 version upgrade.