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Intuit has announced that it will stop selling QuickBooks Desktop such as Pro / Premier products to new subscribers after July 31, 2024.

What does it mean?

QuickBooks Desktop has long been recognized for its features and user-friendly interface. However, with the evolving landscape of cloud-based solutions and the increasing demand for online accessibility, the decision to discontinue the product sales for new subscribers suggests a deliberate effort to move users towards cloud-based solutions.

For existing desktop users, the software will continue to be supported, with updates and maintenance. They may also continue to renew their subscriptions after the announced date.

What would happen to QuickBooks Desktop?

QuickBooks Desktop will be moving to subscription model. Users are advised to upgrade to newer version or switch to QuickBooks Online.

To upgrade to newer version, simply purchase a new license before end of July 2024. Upgrading will ensure you continue receiving support and access to the latest features and updates.

Alternatively, you can switch to QuickBooks Online, which is recommended as the best option if you’re looking for a more future-fit and affordable solution. QuickBooks Online is a cloud-based solution that offers anytime, anywhere access from any location with an internet connection.

With QuickBooks Online, you’ll have access to all the features you love in QuickBooks Desktop, as well as new and improved features, and a clear view of your business landscape.

Switching to QuickBooks Online is a good option as it provides better accessibility and collaboration.

For more information about Quickbooks Desktop and Quickbooks Online, give us a call at +639178550539 or send us an email at dmmbiz@yahoo.com.

The QuickBooks Desktop Enterprise 2023 manages your business with a flexible, all-in-one business solution that improves efficiency and productivity, and make quicker decisions with a clear line of sight across your business.

That is why most retailers, manufacturers, wholesalers, and construction businesses rely on QB Enterprise. Other accounting software that does not cater to their growing business requirements, will find just what they need in QuickBooks Enterprise.

Software piracy is the duplication, distribution or use of software without authorization from the copyright owner.

Here are some methods or scenario on how to spot a pirated or extended version of Quickbooks Enterprise:

  • Update button should not be pressed as advised by the vendor as this could result to data error.
  • Automatic updates not available to avoid data loss/error.
  • Quickbooks Enterprise installed on the workstation cannot be opened.
  • Quickbooks Database have unrecoverable errors.
  • Quickbooks Data cannot be migrated to a Licensed version of Quickbooks Enterprise.
  • Quickbooks Enterprise data become unusable due to data error
  • Quickbooks Enterprise sold in 15 user license denotes that you are not the legal and registered owner of the software. Licenses are divided or sold to different owners.
  • Quickbooks Enterprise license and product code is not registered under your company name
  • Pirated Quickbooks Enterprise licenses are prone to data loss due to multiple copies of installation to different workstations.

It’s important to understand that software is not owned by an end-user, but rather licensed to the end-user by the copyright owner through an End-User License Agreement, often referred to as the EULA. The EULA contains the terms and conditions for using the software. Software publishers maintain ownership of the software they create, and control the right to duplicate and distribute their products.

Different forms of software piracy:

  • Counterfeiting, or the illegal copying, sale, and distribution of copyrighted software and trying to pass it off as the original product.
  • End-user piracy involves duplicating software by an unauthorized individual within the software company. This type of piracy may include using a single license for multiple installations, using upgrades from an old unlicensed copy, copying programs to use or distribute them, or getting software that requires a special permit without having it.
  • Internet piracy is probably the most popular, and it entails copying a program and uploading it for anyone to download. This is very popular in torrenting sites, for instance, and users become liable for copyright theft.
  • Hard-disk loading involves computer-selling businesses installing illegal copies of software on their products to make them more attractive to potential buyers.
  • Client-server piracy overuse involves overusing a central copy of a program in a network. Remember: even central copies need multiple users’ licenses to run them.

Dangers of purchasing illegal or pirated copies of QuickBooks Enterprise Accounting software:

Intuit will eventually discover this and disable your license.
Pirated software may be loaded with malware (malicious software) or viruses.
It may be defective so it won’t work properly.
Pirated software may be used to collect personal information from your computer without your knowledge like credit card and bank account numbers, passwords, address books, etc.
Pirated software will not get the legitimate software updates that is necessary to prevent cyber thieves.

When you purchase QuickBooks Enterprise Accounting software from an Authorized Dealer or Channel, the software downloads come directly from the Intuit servers.

A legal way to get a copy of someone else’s QuickBooks software is to transfer ownership. If QuickBooks software is going to change hands from one business owner to another, Intuit will ask for the seller to complete a Transfer of Ownership form. They will review the details to determine whether a transfer of the license to the purchaser will be approved or denied. This the only way that an Intuit license can be transferred.

BSA | The Software Alliance warned that public’s data privacy is at risk as malware attacks, enabled by counterfeit software, allow hackers to steal customer’s data from companies.

For more information about Quickbooks Enterprise piracy, give us a call at +639178550539 or send us an email at dmmbiz@yahoo.com.

Computerized Accounting System (CAS) refers to the integration of different component systems to produce computerized books of accounts and computer-generated accounting records and documents.

To many local business owners, regulatory compliance is a tedious and tiresome affair. Some are even tempted to put aside their compliance matters in favor of other concerns, like sales, and only review their regulatory compliance at the very last minute.

If you’re currently modernizing your company with a computerized accounting system, or CAS, there’s a pressing need to ensure that you are BIR CAS compliant. Registering your Computerized Accounting System and updating your procedures for full BIR compliance will save you from steep penalties. A good compliance record will also set a precedent for a good relationship with the tax collection agency.

Who Are The Businesses Required To Use a Computerized Accounting System?
Revenue Memorandum Order, requires all large business or taxpayers to upgrade to Computerized Accounting System and register their chosen system at the BIR. But the right to use a Computerized Accounting System isn’t exclusive to these large companies. Small and Medium-Sized businesses can also choose to adopt Computerized Accounting System as long as they follow the same compliance requirements.

What Are The Components Should Your Computerized Accounting System Contain?
As per Revenue Memorandum Order, the BIR requires Computerized Accounting System to contain the following components:

> A general journal, accompanied by other subsidiary records
> Accounting records such as books for sales, books for purchases, books for inventory, books for accounts payable, books for accounts receivable, payroll ledgers, and subsidiary ledgers
> Application systems that are involved in generating the subsidiary ledger and are responsible for official accounting documents, such as invoices, cash vouchers, official receipts, journal vouchers, sales tickets, and billing statements
> Application systems that are responsible for generating reports that are specifically required by the BIR

What are the Documentary Requirements for Registering Your CAS?
You should prepare the following documentary requirements for your BIR Computerized Accounting System registration:

> A duly accomplished BIR Form 1900, which is the official application form for BIR CAS registration
> Documents to validate the company’s profile such as its BIR Certificate of Registration, previously issued BIR permits, map with the business headquarters location, and a list of branches that will use the CAS
> For applications for system enhancements or modifications, you’ll need to pass a copy of your previous BIR Permit to Adopt CAS and a letter to the agency detailing the modification or enhancement to your CAS.

These requirements may be subject to change in the future so be sure to double check with an authorized representative of the BIR before you finalize your registration.

BIR CAS Compliance Made Easy with DMM Infotech Solutions Inc.
The good thing about CAS is, it is not just for the benefit of addressing BIR requirements to avoid penalties and termination of a company due to non-compliance, it also aids in managing a business from procurement to sales, to inventory tracking, and of course, accounting and tax.

In view thereof, DMM Infotech Solutions Inc., considered as the country’s most trusted provider of licensed and genuine Quickbooks Accounting software is here to help and assist in BIR accreditation.

For more information, give us a call at +639178550539 or send us an email at dmmbiz@yahoo.com.

BIR Link:
https://www.bir.gov.ph/index.php/registration-requirements/secondary-registration/application-for-authority-to-use-computerized-accounting-systems.html

The new QuickBooks Desktop Plus 2022 as announced by Intuit will be sold on an annual subscription basis format. The former Quickbooks Pro and Premier will become Quickbooks Pro Plus and Quickbooks Premier Plus.

The one-time purchase of a license will still be available for a very limited time and only through registered dealers/partners. Please note that some features of the one-time purchase license will not be functioning after three(3) years as planned in the Intuit Discontinuation Program.

QuickBooks Desktop for Windows is updating its product lineup. With the 2022 launch, Intuit will now only be selling Quickbooks Pro and Premier products as Pro Plus and Premier Plus subscriptions in place of one-time purchase licenses. However, to facilitate this transition, sales of QuickBooks Desktop 2021, one-time purchase versions, will be extended until October 2021.

Thus, if you want to have a ‘fixed price’ for a few years then GRAB the QuickBooks Desktop 2021 NOW!

Software piracy is the act of illegally copying, duplicating, distributing or reselling of counterfeit software for profit. It is a violation of the Intellectual Property Code of the Philippines, which includes penalties of up to nine years imprisonment and a fine of up to 1.5 million Philippine pesos.
However, some crooked businesses disguised as a legitimate seller were tempted to enter piracy because of its profitability and Quickbooks were not spared from the act of piracy.

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