Updating your QuickBooks Desktop software to the latest version ensures that you gain access to the newest features and enhancements. Intuit regularly releases updates, and moving from QuickBooks Desktop 2021 to 2024 incorporates three years' worth of improvements. The upgrade can be easily accomplished using the QuickBooks Desktop Upgrade Tool on your Windows PC. Follow our simple guide to seamlessly upgrade from QuickBooks 2021 to 2024.
QuickBooks is powerful accounting software used by businesses of all sizes to manage their finances efficiently. Keeping your QuickBooks software up-to-date is crucial to access the latest features, security patches, and bug fixes. In this article, we'll guide you on how to upgrade QuickBooks 2021 to the latest version, QuickBooks 2024.
Before we explore the steps to upgrade, it's important to understand why updating your QuickBooks software is crucial. QuickBooks regularly rolls out updates to enhance both functionality and security. By upgrading, you ensure that your financial data stays precise and secure.
The first step in the upgrade process is to back up your data. This precautionary measure ensures that you won't lose any essential financial information during the transition.
Make sure your computer meets the system requirements for QuickBooks 2024 to avoid compatibility issues. Check the official QuickBooks website for the latest system requirements.
Some of the great benefits of upgrading include:
Improved Payroll — More employee pay types, better reports, and simplified processes. QuickBooks Payroll gets faster and more seamless with each upgrade.
Enhanced Transactions — QuickBooks 2024 introduces more flexible custom transaction support. Record and track unique financial events.
Inventory Updates — Better track inventory across locations. Transfer stock quickly between warehouses for accurate counts.
Additional Integrations — Connect to more of the business web apps you use every day directly within QuickBooks Desktop.
Improved Search — Finding transactions and customer data in large company files is significantly faster in QuickBooks Desktop 2024.
So upgrading keeps your financial data secure while making QuickBooks easier and faster to use.
Completing a few preparatory tasks before installing the latest QuickBooks Desktop upgrade ensures the process finishes smoothly:
Update Company File — Launch QuickBooks 2021 and choose Help > Update QuickBooks Desktop. This updates and optimizes your company file before upgrading.
Run Payroll Tax Update — If using QuickBooks Payroll, download the Payroll Tax Update (Help > Update QuickBooks Desktop Payroll) so 2024 tax tables are ready post-upgrade.
Backup Company File — Always backup before any major change! Save a copy of your company file to external media or cloud storage to be safe.
Install Windows Updates — Log into Windows and install the most recent operating system updates before upgrading.
Check Your License — You need an active QuickBooks Desktop subscription license for the new 2024 version. Login to your Intuit Account to view or update your license status if needed.
There are two primary methods for upgrading QuickBooks: manual and automatic updates.
To manually update QuickBooks, you need to download the new version from the Intuit website and install it on your computer.
QuickBooks offers an automatic update feature that simplifies the process. The software will notify you when an update is available, and you can follow the prompts to install it.
Visit the official QuickBooks website and navigate to the 'Downloads & Updates' section. Select the version you want to upgrade to and download the installer.
Once the download is complete, run the installer. Follow the on-screen instructions to install QuickBooks 2024.
After the installation, open the new version of QuickBooks. It will prompt you to update your company file. Follow the steps to migrate your data seamlessly.
Upgrading to the latest version of QuickBooks Desktop takes just a few minutes:
Download QuickBooks Desktop 2024
Visit quickbooks.intuit.com and select Desktop.
Click Upgrade and download QuickBooks Desktop 2024
The QuickBooks Upgrade download assistant will install automatically after the download finishes.
2. Run the QuickBooks Upgrade Assistant
Locate and double click on the QuickBooks Upgrade Assistant app.
Select your country from the dropdown menu and click Get Started.
3. Install 2024 and Finish Upgrading
The Upgrade Assistant will verify your System meets the QuickBooks 2024 requirements and has a valid license associated with your Intuit ID.
Click Upgrade Now once verification completes and follow the onscreen instructions.
Your company file will automatically open under QuickBooks Desktop 2024 once the install finishes!
Review any new features or changes highlighted in the What’s New window.
And that’s all there is to it! With QuickBooks Desktop 2024 now installed, you have the
latest tools, features, and three years of updates to help manage your small business finances.
Upgrades can sometimes come with unexpected challenges. Be prepared to troubleshoot common issues like compatibility conflicts, data migration problems, and installation errors.
Upgrade License Issues — Activate a valid new or subscription license for QuickBooks Desktop 2024 in your Intuit account to proceed with the upgrade installation.
Windows Admin Access — Log into your Windows PC with an Admin account to avoid permission issues during upgrade.
Damaged Company File — A severely damaged QuickBooks company file may fail to open under the new version. Try restoring from a backup.
Stuck Upgrades — If your upgrade seems stuck with no progress, restart your PC and rerun the QuickBooks Desktop Upgrade app to retry.
In many cases, you can resolve these minor technical issues yourself. But if problems persist with upgrading from QuickBooks Desktop 2021 to 2024, contact Intuit Customer Support via phone or chat for troubleshooting. They can directly assist with any stubborn upgrade failures.
You are prompted to upgrade the company file to the 2024 version the very first time you open QuickBooks desktop 2023 in its more recent version. Here’s how to go about it:
Verify that every user has exited the company file.
Launch your specific new QuickBooks Desktop 2024 version.
If the company file is not open, select Open or Restore Company.
You can also select Open or Restore Company from the File menu.
Select Open a business file, then select Next.
Navigate to the file on your computer, then click Open.
Log in as the admin user to the company file.
QuickBooks will automatically create a backup of the current company file before QuickBooks Upgrade to 2024. Change this default location to store allows you to save the specific backup file in a chosen folder.
Choose Update Now to start the upgrade.
This enables the user to benefit from improved data security.
Additionally, it guarantees an error-free user experience
Another benefit of updating the software is that it fixes bugs and common security loopholes.
The update includes improved data files, real-time tracking of invoice status, etc.
The newest edition of QuickBooks, which includes improved features and functionalities, is released every year. The new QuickBooks Desktop 2024 version is available in stores from October 23 2023 onwards.
Both normal users and accountants will benefit greatly from the latest update’s numerous additional features. Keep reading until the conclusion of the article or call our team of specialists at +1800-961-4963 to speak with an expert and certified QuickBooks professional for more information on the features, price, and license policy.
The user should first confirm which version is receiving the most recent update. The following steps can be used to achieve this:
Open QuickBooks desktop as the first step.
Then, to open the product information window, press F2 and Ctrl + 1.
Check the most recent release and version as well.
Verifying the most recent version of QuickBooks is the final step.
There are several ways to download the QuickBooks 2024 upgrade from the internet. Make sure your connection and internet speed are strong. Following are your choices:
Method for Automatic QuickBooks Update (default setting)
Method for On-Demand Updates
Launch Download
Manually updating QuickBooks
This straightforward method checks for new updates to go to the QuickBooks 2024 website. Only when you are not using QuickBooks or the internet are the updates downloaded. Additionally, when you are not using the internet, it will download the available updates.
This method downloads updates from our website on its own to determine whether the software is running or not. However, if you don’t want to upgrade QuickBooks to 2024, you can choose to turn off the automatic update feature.
You can keep downloading and installing the available updates. If the update feature is giving you trouble or if you want to install updates using the update feature. It is advised to use the update feature for QuickBooks Upgrade.
If you use multiple copies of QuickBooks, you must make sure to update each copy. If you don’t, you might have trouble opening the company file.
This process for starting a QuickBooks Upgrade is very straightforward. The most recent version of QuickBooks is obtained by QuickBooks itself from an Intuit server. After that, whenever you are not working or otherwise using the internet, the QB update is downloaded automatically.
It occurs as a result of the accounting software’s default setting, which permits it to automatically download updates from Intuit’s server. If you decide not to update QuickBooks, you can choose to turn off the automatic update.
You must first go to the Downloads QuickBooks and Updates page.
Select your nation from the Select Country drop-down list.
Select the right product from the Select Product drop-down.
After that, select the version from the Select Version option.
You must save the downloaded file somewhere that is easy to find towards the end.
You can switch to QuickBooks 2024 Desktop by downloading the upgrade and installing it on your computer. This adjustment will give you many new features and advantages in addition to helping you solve any issues you were having with your previous version. Your firm will expand more quickly if you upgrade your QuickBooks desktop account, which will also help you work more productively overall.
The most effective and expedient method for downloading, installing, and updating software is typically what people look for. By providing you with a step-by-step manual, we hope to assist you in completing the task swiftly and easily.
Before you can upgrade to QuickBooks 2024 Desktop, you must do the following:
Make sure it meets system requirements.
To avoid data loss, back up your business data.
Update Windows completely.
Install Windows modifications to optimize the system.
It’s easy to upgrade to QuickBooks Pro, Premier, or Enterprise with our detailed explanations of how the product works. You can also buy QuickBooks from us directly! Learn how to upgrade to QuickBooks Desktop 2024 from within the program.
When you open QuickBooks, you will get a notice if there is a new version. You can easily remain current with us. However, you must be aware that the upgrade could take some time. The same thing will depend on your internet speed and the size of your company’s paperwork.
When you’re ready, click Upgrade Now.
Click the old version on my computer if you want to keep the version of QuickBooks you have now.
Select let's go next. You have access to the most current version of QuickBooks, which you can download, install, and activate. Your business file has been changed.
When the update is done, click the Open QuickBooks button.
If you don’t get a message telling you to update, it means you only bought QuickBooks once. You can use the simple update tool to move up. Here’s how to do it:
Click Upgrade QuickBooks under Help.
After choosing the version you want to update to, you need to click the Upgrade Now choice.
You can get the latest version of QuickBooks. Choose “Let’s go” and then “Keep an older version on my computer” to do this.
We download, set up, and turn on the new version of QuickBooks for you. It changes the business files.
Open the Discovery Hub, click Upgrade QuickBooks desktop to 2024, click Upgrade now, and then continue to upgrade.
If you want both, choose Keep older version on my computer. If not, leave it blank.
When you’re done, choose Open QuickBooks.
If you don’t get an offer to choose a new version of QuickBooks, you’ll need to give your QuickBooks licensing information. This happens when you buy QuickBooks with a different email than your QuickBooks Desktop account. Do this:
Find the email that confirms your purchase of QuickBooks.
Enter the License Number and Product Number, and then click Continue. This will finish the change.
The pricing plans for QuickBooks Desktop 2024 are flexible enough for businesses of all kinds. The Basic plan has the most important accounting tools, like billing, tracking expenses, and financial reporting. The Plus plan adds more powerful tools for keeping track of supplies and managing projects. The Advanced plan lets you have up to six people and gives you better reporting tools
For the Enterprise version of QuickBooks Desktop 2024, there are three different membership plans: Silver, Gold, and Platinum. The Silver plan has basic features like managing goods and accounting, while the Gold plan has more advanced features like improved payroll and reporting tools. For people who need even more features, the Platinum plan has everything the Gold plan has plus extras like industry-specific reports and a customer success manager.
can be a great choice for businesses that want to save time, improve efficiency, and cut down on financial mistakes. QuickBooks Desktop 2024 is a great investment for businesses of any size that want to improve their accounting processes. It has a wide range of features and subscription plans that can be customized to meet specific needs.
Downloading QuickBooks Desktop is a critical step in ensuring efficient financial management for businesses and individuals. By following these key points, you can make the process smooth and trouble-free. Be sure to choose the right version, meet system requirements, back up your data, install the software correctly, and stay up to date with software updates. With proper setup and ongoing learning, downloading QuickBooks Desktop 2024 can be a valuable tool for effective financial management.