QuickBooks Desktop 2024 — Streamlining Small Business Accounting
The release of QuickBooks Desktop 2024 brings new features and updates to optimize accounting workflows for small businesses. From enhancing security to adding flexibility in managing inventory and customer payments, Intuit continues to evolve its flagship accounting software.
Let’s explore what’s new in QuickBooks Desktop 2024 across areas like features, pricing, and system requirements.
Key Features and Updates
Improved Security Measures
With data security being more vital than ever, QuickBooks Desktop 2024 implements advanced authentication protocols. Multi-factor authentication support ensures only authorized users can access sensitive financial information.
Robust permission management allows control over staff access to specific areas in QuickBooks. Overall, enhanced security paves the way for secure and compliant financial data management.
Flexible Customer Prepayments
QuickBooks Desktop 2024 enables users to easily track customer prepayments and deposits for services to be delivered in the future. This helps create invoices accurately when the work is complete.
The software also allows partial application of deposits, providing flexibility in accounting for progress invoicing.
Better Item and Inventory Management
Enhanced capabilities for managing items and inventory ensure efficiency in tracking stock levels and valuations. QuickBooks Desktop 2024 enables granular categorization of inventory components to generate detailed reports.
The improved search makes finding items a breeze. Inventory reports provide actionable insights into stock positions, transactions, and valuations. Overall, QuickBooks Desktop 2024 makes inventory and supply chain management seamless for small businesses.
QuickBooks Desktop 2024 Editions and Pricing
QuickBooks Desktop is available in Pro, Premier, and Enterprise versions to suit businesses of different scales and complexity.
QuickBooks Desktop Pro 2024
Geared towards small businesses not needing advanced functionalities like inventory tracking or job costing.
Useful for service companies, online sellers, marketing agencies, startups, and freelancers.
Priced at $399.99 per year for single-user access. Additional users cost $299.99 annually.
QuickBooks Desktop Premier 2024
Provides industry-specific reporting templates, job costing, inventory tracking, and more.
Suitable for light manufacturing, wholesalers, retailers, professional services, construction, and other industries.
Single-user license priced at $649.99 per year. Extra users come at $509.99 annually.
QuickBooks Desktop Enterprise 2024
Packs advanced inventory, pricing controls, and other capabilities for medium and large businesses.
Designed for manufacturers, food & beverage producers, agriculture companies, computer hardware makers and other industrial enterprises with complex needs.
Costs $1,299.99 annually for the basic version. Premium editions with advanced reporting, manufacturing, and sales order processing support are also available. Additional users are $1,039.99 per year.
Overall, QuickBooks Desktop 2024 caters to all small business accounting needs with its Pro, Premier, and Enterprise variants.
System and Browser Requirements
Let’s look at the essential hardware, software, and connectivity requirements for running QuickBooks Desktop 2024 smoothly.
Client Requirements
Operating System: Windows 10 or Windows 11 (64-bit only) with latest Microsoft updates. Windows 8.1 and lower versions are not supported.
Processor: Minimum 2.4 GHz
RAM: 8 GB or higher (16GB recommended)
Hard Disk: Minimum 2.5 GB free space
Screen Resolution: 1280 X 1024 or higher. Multi-monitor support available.
Server Requirements (Multi-user mode)
Supported Operating Systems: Windows Server 2016, 2019, and 2022
RAM: 8 GB (supports up to 5 users). Additional memory needed for more users.
Other Aspects
Internet connectivity required for Plus subscription facilities, Payroll, QuickBooks App, and data sync.
Optimized for Google Chrome, with compatibility for Office 2016 onwards for Excel and Word integration.
Support for QuickBooks POS 19.0 integration available.
The desktop editions of QuickBooks continue to evolve each year, helping small businesses streamline their financial workflows. The improvements in QuickBooks Desktop 2024, across enhanced security, inventory management, and flexible customer deposits, attest to Intuit’s focus on addressing user needs.
With something for all business scales through the Pro, Premier, and Enterprise variants, upgraded QuickBooks Desktop 2024 strives to provide holistic accounting automation to companies for simplified success.
