Must I Upgrade QuickBooks Each Year?

Ask the Accountant…

Question: I Google searched for QuickBooks support. They told me that I have to upgrade to QB Premier 2020 even though I am in QuickBooks Premier 2019. Is that true?

Answer: I get many calls about this. Internet searches for QB support can connect you with non-QuickBooks entities whose business it is to sell QuickBooks products. You likely were not talking to QB support, and were very likely speaking with one of these sales entities.

QB Premier is a desktop software, meaning that you own it and have it housed on your computer or your server. When you buy QB Premier, you receive software updates at no additional charge for three years.

You own QB Premier 2019. You will receive updates at no additional charge until May 31, 2022. Similarly, QB Premier 2020 will be updated through May 31, 2023, and so on.

Distributors have reported that they were told they had to buy Premier every year, and the person who told them that would be happy to sell it to them. The software releases of Premier do not vary that much—a few new features each year—not enough to make purchasing each year necessary or even cost effective.

Please email your questions to Harriet at Ask The Accountant.

QuickBooks Premier and Enterprise can be modified to better serve ad specialty distributors. Harriet Gatter is a QuickBooks ProAdvisor, a former accounting professor and a former ad specialty distributor. She advises ad specialty distributors to use QuickBooks Premier and Enterprise, often in conjunction with other industry-specific software, to manage the complexities of the ad specialty business, with the results being time saved, errors eliminated and an overall accurate accounting of your business. Contact her at [email protected].

Related posts