With the release of QuickBooks Desktop 2024, many existing users are looking to upgrade to stay up-to-date. However, one of the most common questions is: How much does it cost to upgrade each version of QuickBooks Desktop to the latest 2024 release?
This comprehensive guide breaks down the upgrade pricing for QuickBooks Pro, Premier, and Enterprise to help you understand the costs. Keep reading for full details on how much you can expect to pay to upgrade!
Upgrade QuickBooks Desktop 2024: Pro Upgrade Costs
Let's start with the pricing to upgrade QuickBooks Pro editions:
$299.95 per license to upgrade from QuickBooks Pro 2021, 2022, or 2023
$349.95 per license to upgrade from QuickBooks Pro 2020 or older.
For example, if you currently have 5 users on QuickBooks Pro 2022, it would cost 5 x $299.95 = $1,499.75 to upgrade all licenses.
The upgrade pricing provides a nice discount compared to purchasing brand new 2024 licenses.
Upgrade QuickBooks Desktop 2024: Premier Upgrade Fees
Next, here is what it costs to upgrade QuickBooks Premier to the latest 2024 version:
$399.95 per license to upgrade from Premier 2021, 2022, or 2023
$449.95 per license to upgrade from Premier 2020 or older.
So if you have 3 Premier users, it would be 3 x $399.95 = $1,199.85 to upgrade to QuickBooks Premier 2024.
Again, Intuit offers a discount of about $50 off full new license pricing for Premier.
Upgrade QuickBooks Desktop 2024: Enterprise Upgrade Costs
For QuickBooks Enterprise, upgrade pricing is tiered based on the edition:
QuickBooks Enterprise Silver
$1,200 per year for one license
$240 per year for each additional license.
QuickBooks Enterprise Gold
$2,400 per year for 1 license
$480 per year for each additional license
QuickBooks Enterprise Platinum
$4,000 per year for one license
$800 per year for each additional license.
These are discounted rates offered to existing Enterprise subscribers upgrading to 2024.
Upgrade QuickBooks Desktop 2024: Ways to Save
While Intuit's upgrade pricing is already discounted, here are some additional ways to save money:
Purchase during promotions like tax season or holidays.
Check for limited-time sales on upgrades.
Buy through resellers who offer lower prices.
See if you qualify for any member or group discounts.
Bundling services like Payroll can also sometimes lead to discount offers when you upgrade.
Upgrade QuickBooks Desktop 2024: Consider QuickBooks Online
Rather than upgrading desktop versions perpetually, you may want to compare the costs of switching to QuickBooks Online (QBO) instead:
Simple Start: $25/month
Essentials: $40/month
Plus: $80/month
Add-ons like advanced reporting, inventory, payroll, and time tracking cost extra per month.
The subscription model means you get automatic access to new features every year. For some very small businesses, QBO may be more cost-effective long-term than ongoing major desktop upgrades.
Upgrade QuickBooks Desktop 2024: Payment Options
You can pay for the QuickBooks Desktop upgrade by:
Credit card or debit card
PayPal
Bank/wire transfer
Purchase order (enterprise only)
Financing through Intuit Capital or PayPal Credit
Select the most convenient billing method for your business.
Upgrade QuickBooks Desktop 2024: Is There a Free Trial?
Unfortunately, Intuit does not offer a free trial for QuickBooks Desktop.
However, there is a 30-day money-back guarantee, allowing you to receive a full refund if you are unsatisfied with the upgrade. So you can effectively "try before you buy" risk-free.
Upgrade QuickBooks Desktop 2024: When Should You Upgrade?
Ideally, you should upgrade QuickBooks Desktop when:
Your current version is reaching end-of-support.
You want access to helpful new features.
You are having compatibility issues.
Your budget allows for the upgrade fee.
If your existing version meets your business needs, upgrading can wait until it makes sense.
Upgrade QuickBooks Desktop 2024: Is Upgrading Worthwhile?
The benefits of upgrading to QuickBooks Desktop usually outweigh the costs. Upgrading provides:
Time savings from improved efficiency and automation
Access to new capabilities like better reporting
Enhanced compatibility with modern operating systems
Ongoing support from Intuit's customer service
Automatic updates are in the background.
Carefully assess the new features and decide if they merit the upgrade expense this year. But for most businesses, upgrading is recommended to stay up-to-date.
Upgrade QuickBooks Desktop 2024: Ready to Upgrade?
With this detailed guide, you now understand the full upgrade pricing for QuickBooks Pro, Premier, and Enterprise editions. Use this information to budget for an upgrade to QuickBooks Desktop 2024.
Take advantage of any promotions or discounts to maximize savings on the upgrade fees. With the right planning, you can upgrade smoothly and enjoy the latest features and improvements in QuickBooks 2024!