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Update QuickBooks Desktop to The Latest Release

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Update QuickBooks Desktop to the Latest Release Accounting
Apr 04, 2024

Are you still working on an obsolete version of QuickBooks Desktop? If so, it’s time to update QuickBooks Desktop to the latest release and get a better experience with the accounting solution. However, keeping your QuickBooks software updated according to the newly launched version will help prevent your data from getting into the wrong hands and avoid technical bugs. Moreover, with the updated version, you can enjoy the latest features and functions for a better accounting experience. 

Are you seeking step-by-step instructions on how to update QuickBooks Desktop to the latest release? Call us at +1(844)-266-9345 and have a one-to-one consultation with our professionals for an immediate response.  

Benefits of Updating the QuickBooks Desktop to the Current Version 

Updating the QuickBooks Desktop to the currently launched version is essential for better performance, functions, and features of the accounting solution. Besides this, numerous other reasons exist for getting the latest QuickBooks Desktop. We have elaborated some of the advantages of updating below; let’s look at them. 

  1. Updating will help the users resolve the common loopholes and technical issues generated while accessing QuickBooks. 
  2. Moreover, you can also take advantage of enhanced features, such as real-time invoice status tracking, data file optimization features, etc. 
  3. It also allows users to utilize the real-time tracking feature, which gives them a clear picture of their finances.  
  4. You can get your hands on the updated features and functions to improve the accounting experience. 

Now that you have understood the significance of updating QuickBooks Desktop, you will know more about “how to update QuickBooks Desktop to 2024” in the next section of this post. 

Read more- QuickBooks Desktop 2021 Discontinued! What To Do About It?

How to Update QuickBooks Desktop to the new version on Windows?

Before you move further to update QuickBooks Desktop to the new version, it is important to check whether the QuickBooks Desktop application is already updated. 

How to Check if Your QuickBooks Desktop Application is Updated On Windows ?

You must undertake the following steps to ensure your QuickBooks Desktop application is updated to the most recently launched version. 

  1. Begin the process by launching the QuickBooks Desktop application on your device. 
  2. After this, hit the F2 key or the (Ctrl + 1) to bring up the Product Information window on your computer screen. 
  3. Thereon, you can look at the current version and the release you are presently using. 
  4. The following are the latest releases currently available for the QuickBooks version. Herein, you must check which one you are presently using.
    1. QuickBooks 2024 R4_37
    2. QuickBooks 2023 R9_137
    3. QuickBooks 2022 R13_70
    4. QuickBooks 2021 R17_21

How to update QuickBooks desktop to the newest version on Windows Manually ?

To update QuickBooks Desktop, users must first shut down the product and turn the system on to install the QuickBooks update. However, to gather more details about how to manually update QuickBooks Desktop to the latest release, you must follow the following steps.  

  1. Begin the process by choosing the Update Available option and then the Install Now option to obtain the updates. 
  2. Afterward, you should wait patiently until the update is installed on your device. The time taken for the installation will entirely depend upon the internet connection and the file size.
  3. Finally, launch QuickBooks Desktop once you have installed the recently launched updates. 

Read here- How to Fix QuickBooks Error 80004?

Does QuickBooks Update Automatically? 

Yes, you can update the QuickBooks Desktop application automatically. Whenever new updates to QuickBooks Desktop are launched, they will eventually install on your device. Once the update gets downloaded, you will receive a notification regarding Update Available on the status bar. 

How to Update QuickBooks Desktop 2023 on a Mac? 

Before you move further to installing the latest updates of QuickBooks Desktop on Mac, let’s review your release version first. 

Verify the Release Details

  1. The first and foremost step is to launch the QuickBooks Desktop and then use the Command + 1 keys to open the Product Information window. 
  2. Now, you are supposed to review the version and release you are presently using.
  3. The following are the presently available updates on QuickBooks Desktop for Mac devices. Also, check the one you are using on your device.
    1. QuickBooks Mac Plus 2024 R3
    2. QuickBooks Mac Plus 2023 R6
    3. QuickBooks Mac Plus 2022 R11
    4. QuickBooks Mac Plus 2021 R14

Learn more- Best Feasible Ways to Troubleshoot QuickBooks Error QBWC1039

How to update QuickBooks Desktop 2024 on Mac Manually? 

The users must perform the following steps to manually update the QuickBooks Desktop For Mac. 

  1. First of all, access the QuickBooks menu and then opt for the Check For QuickBooks Updates. 
  2. Afterward, hit the highlighted Install and Relaunch option. 

Note: To confirm that the updates eventually get installed on your device the next time they are available, opt for Automatically Download and install updates in the future.

Release Notes For QuickBooks Desktop 2024

The latest release of QuickBooks Desktop 2024 is Release 4 (R4_29.1) which is introduced on Feb 15, 2024. 

  • Unified User Management:- 

According to this feature, one user is applicable to use one role for QBDT core and payroll. Also, the users can create a unified email template and content for user management. Moreover, it enables the users to attach and handle all the linked users and roles under one roof. 

What’s New in Release Notes For QuickBooks Desktop 2023?

Now that you know how to update QuickBooks Desktop to 2023, you must know about the release notes. However, the latest release of the QuickBooks Desktop 2023 is Release 3 (R3), launched on Nov 2, 2020. The following are the features included in the latest update for 2023. 

Inventory Stock Status By Lot Number Report:- 

This feature allows the user to attach missing columns and add the filters according to the Item Type. Moreover, you can also hide the zero Quantity-on-Hand Items. 

Additional Password Requirements:- 

Users may require a password that is easy to remember and difficult to guess for data files with sensitive Personally Identifiable Info (PII). Ensure that the password fulfills the criteria, including the following points.

  • It must contain a password that has at least 8 characters
  • One uppercase and one lowercase letter is required.
  • Also, it must include one number and one symbol. 

Prepayment on Estimates:- 

According to this feature, you won’t be able to view the available credits in case of Prepayment credits only from a distinct Sales Order not linked to the device. You can also enable non-admin access to apply Prepayment to Invoice for first-time users. 

Accountant’s Batch Migration Tool:- 

With this feature, accountants can transfer numerous client desktop files to the QBO application through the online tool.

QuickBooks closes when any dates filter reports:- 

You won’t be able to shut down the QuickBooks application unexpectedly when you apply the filter to any date field and set columns in reports. 

Payroll Legacy to Symphony Migration:- 

Users can now present nudges on the data file rather than opening the payroll center. You can also edit the subscription status messaging icon. 

Additional Features of QuickBooks Desktop 2024

By installing the latest update of QuickBooks Desktop 2024, you can enjoy the following features to enhance your experience. 

Inventory Reports Enhancements (Enterprise Edition Only):- 

As per this feature, the users can obtain the essential sales and inventory reports for their business at the category level. 

Seamless Background Updates:- 

Now, the users can install their product updates in the background without causing any issues. 

Item List Search Enhancements:- 

You can now access the enhanced search feature to search for the items quickly. 

Security Enhancements:-

The users can now get their hands on high-end security protocols to safeguard sensitive company data. Moreover, you can also enjoy QuickBooks Desktop 2024 and Enterprise 24.0 having 256-bit encryption. 

Customer Prepayments (Enterprise Only):- 

The users can monitor the customer prepayments on their Sales orders. Thereon, you can insert that credit when the Sales Order becomes an invoice. 

Item Category Enhancements (Enterprise Only):- 

You can utilize the enhanced category management to handle your items and inventory. In addition, users can also fix the pricing rules according to the categories to enhance productivity. 

Which New Features Are Included With QuickBooks Desktop 2023?

The following are the features that users can access by installing the updates to QuickBooks Desktop 2023. 

Inventory Expiration Date:- 

Users can specify their necessary expiration dates according to the serial number/lot numbers. Moreover, with the help of the expiration dates, you can eliminate the risk of selling expired items and improve the sales decision, such as discounting items that will expire soon.

Monitor the Vehicle Mileage:- 

By accessing the QuickBooks mobile application, you can note the miles that you have driven for business purposes. Later, you can import and finalize the same in the QuickBooks Desktop. 

Cash Flow Hub:- 

With the help of this feature, you can get a clear picture of your company’s present status. This is so because the Cash Flow Hub helps you track how much money is going in and out of the business. As a result, improving the cash flow statement is much more convenient. 

Payment Links:- 

It becomes much more convenient to collect the payments for those items that don’t need an invoice, as you can manage them by sending the payment link. 

Intercompany Transactions:- 

Users can now easily issue bills or check between distinct data files. However, this feature is helpful if you have distinct but shared companies that run the business with one another. 

Inventory Categories:- 

This feature enables the users to categorize the items to keep the inventory organized. Moreover, you can utilize the categories to obtain a clear image of inventory status while running the reports. 

How to Check the Version of QuickBooks Point of Sale?

The users must perform the following steps to check the version of QuickBooks Point of Sale you are using. 

  1. In the initial phase, you must log in to QuickBooks Point of Sale on your device. 
  2. After this, move to the Help menu and hit the highlighted About QuickBooks Desktop Point of Sale.
  3. Thereon, you must verify the release number you used to complete the process. 

Concluding the Post!!

With this comprehensive post, we hope you have immense knowledge regarding update QuickBooks Desktop to the latest release. However, you can communicate with our professionals for quick resolution if you have any additional concerns. 

For Immediate Help +1-844-266-9345