We can all agree that 2020 was an eventful year. Many of us are eager to put it behind us and look forward to the new year. With the release of QuickBooks Desktop 2021, the latest version of its best-selling accounting software, Intuit has gotten a head start on the new year. Here you will read about QuickBooks desktop and if you want to know more about how to delete a company file in QuickBooks then click on this link.
But, before you dive into an upgrade, take a few minutes to learn what’s new in QuickBooks Desktop 2021. In this post, we’ll look at the new features and pricing to help you decide whether the latest version is right for your company.
WHAT’S NEW WITH QUICKBOOKS DESKTOP 2021?
QuickBooks 2021 includes several new features designed to make it easier for small businesses to balance their books. Improvements to bank feed, automated statements, categorized receipt entries, and receipt customization are among the new features.
QUICKBOOKS 2021 FEATURES
Let’s take a look at each of the new features offered by QuickBooks Desktop 2021 so you can see how these changes affect your business.
- Automated Statements
- Bank Feed Improvements
- Receipt Management Tools
- Customer Groups
- Customized Receipts
Of course, you’ll still have access to the previous version’s great features, such as cash or accrual-based accounting, expense tracking, invoicing, estimates and quotes, contact management, inventory, and more.
QuickBooks for Mac’s latest software includes several new features for Mac users. These characteristics are as follows:
Automated Payment Reminders
Statement e-Payments: Add a payment portal link directly within your statements, making it easier and more convenient for you and your customers.
Combined Invoices: Combine multiple invoices into one simple email.
Sales Tax Codes: Now you can record sales tax for out-of-state orders, non-profits, and multiple districts.
1099 e-Filing: You can now e-file 1099s through QuickBooks for Mac.
QUICKBOOKS DESKTOP 2021 PRICING CHANGES
QuickBooks Desktop 2021 also includes new pricing. You have several pricing options available to you. Let’s look at the costs of each option to see which one is best for you.
QUICKBOOKS PRO 2021
The first option is to get an annual subscription. QuickBooks Pro Plus 2021 costs $299.99 per year, but you may be eligible for a discount if you buy directly from Intuit. You will have full access to QuickBooks Desktop as well as unlimited customer support, automatic backup and recovery, and automatic updates and patches with this subscription plan. You can also add payroll and hosting services to your package. Additional users can be added for a fee as well.
You can also pay a one-time fee of $399.99 for a QuickBooks Pro 2021 license. While this appears to be the least expensive option, there are a few factors to consider. Backups, data recovery, and automatic updates are not included. A Care Plan with unlimited support will cost an additional $299.95 per year. When you subscribe to QuickBooks Pro Plus 2021, you get all of this for free. Payroll, hosting services, and additional users are available for a fee.
QUICKBOOKS PRO PLUS 2021 + PAYROLL
QuickBooks Pro Plus 2021 + Payroll is ideal if you have employees and plan to use QuickBooks for payroll. This plan is $749.99 per year. Everything from the QuickBooks Pro Plus 2021 subscription is included, as well as QuickBooks Enhanced Payroll. For a fee, hosting services and additional users can be added.
QUICKBOOKS PREMIER 2021
If you want everything QuickBooks Pro has to offer but also want industry-specific software, QuickBooks Premier 2021 is a good option. QuickBooks Premier 2021 is available for a one-time payment of $649.99. Payroll and the QuickBooks Care Plan can be purchased separately.
If you prefer an annual subscription that includes unlimited customer support, updates, and automatic data backups, Premier Plus 2021 is available for $499.99 per year.
QUICKBOOKS ENTERPRISE 21.0
QuickBooks Enterprise 21.0 is a good option for businesses looking for a more scalable solution. This plan allows for up to 40 users and includes additional features such as advanced inventory, priority support, and industry-specific software versions. QuickBooks Enterprise is $1,213 per year.
SHOULD YOU UPGRADE TO QUICKBOOKS 2021?
The first thing you should think about before upgrading to QuickBooks 2021 is which version your company is currently using. If you are using QuickBooks 2018 or an earlier version, your software’s support may have already expired (or is set to expire soon). While you can continue to use your software, you will no longer receive technical support or access to important features such as security updates or QuickBooks Payroll. So, if it’s been a while since you’ve updated your software, it might be a good idea to do so now.
If you’re using a more recent version of QuickBooks Desktop, an upgrade might not be necessary. While there are a few new features, they may not be worth the increased pricing associated with upgrading to QuickBooks 2021.
If you have an annual subscription, you will be automatically updated to the latest version and will have access to all of the new features. However, if you made a one-time purchase, you must consider whether the new features will be beneficial to your business and worth the extra cost of upgrading to QuickBooks Desktop 2021.
Read Also: Guidelines For A Memorandum Of Understanding
