QuickBooks Desktop 2024: New Features, Pricing, Benefits And Integration
QuickBooks Desktop is Intuit's flagship accounting software for small businesses. With over 5 million users worldwide, it is the most popular desktop accounting application.
Intuit releases a new version of QuickBooks Desktop every year with new features and updates. Here is an overview of what to expect in QuickBooks Desktop 2024 along with pricing, benefits and integration capabilities.
New Features in QuickBooks Desktop 2024
Based on past release patterns and customer feedback, here are some of the likely new capabilities and improvements in the 2024 version of QuickBooks Desktop:
Enhanced Reporting
- More customizable and interactive reports with drill down capabilities.
- New report templates for cash flow, profit/loss, sales and inventory.
- Scheduled report delivery via email.
Improved Inventory Management
- Barcode scanning from mobile devices for warehouse operations.
- Automated reordering based on stock levels.
- Enhanced purchase order and receipt tracking.
Advanced Budgeting
- Revamped budgeting workflow with flexible templates.
- Budget vs actual reporting and forecasting.
- Departmental budgeting for large organizations.
Visual Workflow Improvements
- New colorful icons and interface elements.
- Animated prompts to guide users.
- Optional dark mode for enhanced visual comfort.
Expanded Payroll Features
- Support for multiple pay frequencies such as weekly, biweekly etc.
- Streamlined payroll tax forms and e-file capabilities.
- Enhanced employee self-service portal.
Integration & Collaboration
- Tighter integration with Microsoft Office 365 and Google Workspace.
- Built-in chat for accountant-client collaboration.
- Ability to share reports easily and give limited access to accountants.
Improved Mobile Apps
- Companion apps for iOS and Android to complement desktop software.
- Mobile receipt capture and expense logging.
- Key reporting and insights on the go.
Pricing for QuickBooks Desktop 2024
QuickBooks Desktop is available in multiple editions to meet the needs of different business sizes. Here are the expected pricing plans for 2024:
- Simple Start - Designed for very small and new businesses. Single user license for $99.
- **Essentials ** - For basic accounting needs of small businesses. Single user license for $199.
- Plus - The most popular package with advanced reporting. Single user license for $299.
- Advanced - For growing businesses that need advanced inventory, budgeting and payroll. Single user license for $399.
Volume and annual subscription discounts may be available. Add-on payroll pricing starts from $99 per month.
Benefits of Using QuickBooks Desktop
Here are some of the major benefits of using QuickBooks 2024 for your small business:
- User-friendly - Easy to set up and intuitive workflows. Ideal for non-accountants.
- Comprehensive reporting - In-depth reports on sales, profits, expenses, inventory, customers and more.
- Customization - Tailor QuickBooks to your business processes and preferences.
- Scalability - Easily adapts as your business grows.
- Integration - Seamlessly syncs with other business applications.
- Cloud backup - Data is securely backed up on the cloud for reliability.
- Support - Excellent customer support via 24/7 chat, phone and community forums.
- Mobile access - Manage your business on the go with QuickBooks apps.
Integration and Add-ons
A key benefit of QuickBooks is its ability to integrate with other applications:
- Microsoft Office - Import Excel data, export reports to Excel/Word, Office 365 integration.
- Gmail/Outlook - Sync contacts and send invoices via email.
- Online banking - Automatically import bank/credit card transactions.
- POS systems - Sync in-store sales data with Inventory management.
- Accounting apps - Integrate with 3rd party applications like Bill.com via APIs.
- eCommerce - Connect with platforms like Shopify and WooCommerce.
There is also an extensive library of 3rd party add-ons to further extend capabilities of QuickBooks in areas like payroll, inventory, reporting, and more.
Conclusion
QuickBooks Desktop 2024 pricing is shaping up to be a significant upgrade with new features like enhanced reporting, inventory management, budgeting, and integrations. The desktop version strikes the optimal balance between power and ease-of-use for small businesses. With its new capabilities and flexible pricing, QuickBooks Desktop 2024 will continue to be the gold standard in desktop accounting software. Sign up for a free trial today to experience it yourself when it is released next year.
