QuickBooks Support Is Ending In 2023. What Does It Mean For You?

Quick Books is an accounting software majorly used by small to mid-sized businesses for processing bills and business payments.

Quick Books continues to be one of the most popular accounting software for SMBs worldwide, capturing nearly three-fourths of the market. This accounting system can invoice customers, settle bills, render reports, and prepare taxes.

Despite its continued popularity, users’ access to QuickBooks Desktop Payroll Services, Live Support, Online Backup, Online Banking, and other services through QuickBooks Desktop 2020 software will be discontinued after May 31, 2023. This also means your software won’t support critical security updates, starting June 1, 2023.

So, what does this mean for you?

It is time to migrate to the latest Microsoft Dynamics Business Central!

It offers several benefits over your legacy software, such as seamless integration with other business applications, cost-effectiveness, enhanced customer experience, scalability, extensive security features, compliance, and easy accessibility.

Moreover, the users between the on-premise and cloud versions get full consistency and ease of transit with the shared codebase of Dynamics 365 Business Central and Dynamics NAV.

Business Central also includes web-based reporting portals that support heavier transaction volumes and a higher number of users as compared to Quick Books.

Microsoft Dynamics 365 Business Central – Centralize Your Operation

Dynamics 365 Business Central provides a connected cloud business management solution for growing small and mid-sized businesses. Connected means you can bring together your sales, services, and operations teams within a single application to derive the insights required to drive your business forward and be prepared for what’s next.

Core Capabilities
Benefits
Pricing

Core Capabilities

Financial Management
Sales and Service Management
Project Management
Supply Chain Management
Operations Management
Report and Analysis

Benefits

Seamless integration
Cost-effective
Improved customer experience
Easily scalable
Extensive security features
Compliance: Users can easily store their data in ways that conform to local regulations.
Enhanced Accessibility

Pricing

D365 BC Premium: 100 USD / 7205 INR per user/per month
D365 BC Essentials: 70 USD / 5035 INR per user/per month
D365 Team Member: 8 USD / 575 INR per user/per month

Even though some versions of Quick Books may continue to operate beyond 2023, most Quick Books users are convinced that they are better off migrating to the new and enhanced Business Central.

QuickBooks VS Business Central

Controls are activity-based rather than permissioned-based
Users can directly edit the transactions posted, and there is no tracking of these changes
Third-party add-ons for reporting may pose compatbility issues
Does not support multiple languages
Integrating with other apps is a hassle
Only supports fixed fees and completed contract billing options

Creates a variety of user roles and provides controls based on the roles
Offers more accounting controls to the user, including audit
trials
Web-based reporting with standard reports and Power Bl reporting
Supports multiple languages
Seamlessly integrates with other apps
Easily scalable with flexible pay as you go, recurring and installment billing options

With these added functionalities, you can confidently move to the cloud with the operational speed, execution, and insights needed to propel your business forward.

So, are you ready to take the first step toward a brighter future?

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Why Migrate From QuickBooks To Business Central?