Does your small business use QuickBooks® for your bookkeeping and financial needs? If you work in QuickBooks® 2010 or QuickBooks® for Mac 2010, be aware these versions of QuickBooks® are scheduled to sunset on May 31, 2013.
What does this mean for your small business?
If you only use the products saved on your computer, than you can continue to use your older version of QB. The disadvantages include Intuit no longer sending out updates and fixing software bugs. Intuit will be discontinuing their live customer support for QB 2010 as well.
The greater impact of the sunset comes if you use any of Intuit’s support or online services. The following services will be discontinued as of May 31, 2013:
- Online Banking – QuickBooks® 2010 will no longer connect with your financial institution.
- Bill Pay and Billing Solution – Both services will be discontinued.
- QuickBooks® Email – Your company will no longer be able to email reports, invoices, forms, etc. through Intuit’s server.
- QuickBooks® Payroll – Assisted, Basic, Standard and Enhanced Payroll will no longer calculate payroll taxes and will no longer provide payroll tax forms. Therefore, your payroll will not be accurate. In most cases, your payroll subscriptions will be deactivated. The Employee Organizer will also no longer be available.
- Credit Card Processing – You will no longer be able to process credit cards through QuickBooks® 2010 and your automatic credit card billing service will be discontinued. If you use a terminal download, you will no longer be able to download the transactions into your QuickBooks® company file.
- Online Backup – Will no longer be an available option for your QuickBooks® 2010 company file.
- Live Technical Support – Will be discontinued.
Time to Upgrade?
Most QuickBooks® ProAdvisors and CPA’s recommend you upgrade to the most current version of QuickBooks®. QuickBooks® 2013 includes many new productivity boosting features to help you save more time and stay more organized. Give Contryman a call if you have any questions.