How to Upgrade QuickBooks Desktop 2024 (Pro, Premier, Accountant, Enterprise)?

In this guide, you will gain insights on upgrading to QuickBooks Desktop 2024 (QBDT 2024) for faster performance, smarter cash flow tracking, and enhanced collaboration. Here, you will find steps to update or upgrade QBDT by different methods, its system requirements, prerequisites, reasons for upgradation, and answers to all the frequently asked questions.

Upgrading to QuickBooks Desktop 2024 enhances your accounting experience with faster performance, smarter cash flow management, and improved team collaboration tools. Before upgrading, users should back up data, verify system compatibility, and gather license information. The software supports Windows 10 or later and can be updated via automatic, on-demand, or manual methods. 

Users can upgrade using QuickBooks tools like Discovery Hub or Desktop Manager. Activation requires a valid license, and company files will be upgraded to a new format. Subscription holders get free upgrades, while one-time license users must purchase the 2024 version. Reverting to older versions isn’t possible post-upgrade.

What are the Prerequisites for Upgrading to QuickBooks Desktop 2024 Version?

Before jumping into the process of upgrading QuickBooks Desktop to its latest version (2024), do these first:

1. Back up your company file to avoid any data loss.
2. Check your current system specs to ensure compatibility.
3. Temporarily disable antivirus/firewall to prevent installation blocks.
4. Rebuild and verify your data to avoid file issues.
5. Note your license number and product ID for activation.

QuickBooks Desktop 2024 System Requirements

Before you begin the process to download QuickBooks Desktop 2024, ensure that the following system requirements are met:

Particulars	Requirements
Operating System	Windows 10 (latest update), Windows Server 2016/2019/2022
Processor	2.4 GHz minimum
RAM	4 GB minimum (8 GB recommended)
Storage	2.5 GB free disk space
Screen Resolution	1280×1024 or higher
Internet	Needed for payroll and online features
DVD Drive	Required if installing from a disc
Browser	Google Chrome is recommended

Reasons to Upgrade QuickBooks Desktop to 2024 Version

You must be wondering why you should upgrade to QBDT 2024 when you already have a perfectly fine working version. Here’s what makes the QuickBooks Desktop 2024 version worth it.

1. Smarter Cash Flow Management: QBDT 2024 offers advanced tools to help you better track incoming and outgoing cash. It provides improved forecasting features, enabling more accurate budgeting and financial planning, so you always know where your business stands.
2. Faster Performance: The latest version is optimized for speed, ensuring quicker loading times, smoother navigation, and faster processing of transactions and reports. This means less waiting and more productivity, especially for users handling large company files.
3. Improved Transaction Handling: QuickBooks 2024 is now fully compatible with Google Chrome for recording transactions, giving you a more stable and reliable experience. This also enhances compatibility with web-based features and modern tools.
4. Built-In Team Collaboration Tools: Share company files, exchange data, and work with your team in real time more efficiently. These new collaboration features make it easier for accountants, bookkeepers, and team members to stay in sync, even remotely.
5. Compatibility with Windows 10: There’s no need to upgrade your operating system; QuickBooks Desktop 2024 runs smoothly on Windows 10 and supported Windows Server versions. This saves you the hassle and cost of major system upgrades.

The above-mentioned are the reasons why you should go for this update. However, if you find QBDT 2024 a better accounting tool in comparison to any other accounting software, go ahead and download QuickBooks Desktop.

How to Download and Install QuickBooks Desktop 2024?

Here are the steps to download the QBDT 2024 software in case you haven’t downloaded it already.

Step 1: Download QuickBooks from the Official Website

1. Visit the Intuit Products & Services page.
2. Log in or create an Intuit account.
3. Choose your product. 
4. Select your version (Pro, Premier, Accountant, or Enterprise).
5. Select your country (US, UK, or Canada).
6. Click Download to get QuickBooks Desktop 2024.

Step 2: Activate QuickBooks After Installation

Once installed, follow these steps to activate:

1. Open QuickBooks.
2. Go to Help > Activate QuickBooks Desktop.
3. Enter your license number and product key.
4. Agree to the terms and click Activate.

Step 3: Upgrade Your Company File After Upgrading

When you open your company file in QuickBooks 2024, it may ask you to upgrade the file format. Just follow the prompts QuickBooks will take care of the rest.

Note: You can’t open upgraded files in older versions.

How to Upgrade Using QuickBooks Tools?

You can upgrade QBDT to the 2024 version by using the QuickBooks Tool. Two of these methods are described below:

Method 1: Use the Discovery Hub

1. Open Discovery Hub in QuickBooks: Launch your QuickBooks Desktop software and open the Discovery Hub from the main interface.
2. Choose Upgrade to QuickBooks 2024: Click on the option that says Upgrade to QuickBooks 2024 to begin the process.
3. Start the Upgrade Process: Click Proceed to Upgrade, then select Upgrade Now to install the new version.
4. Decide Version Retention: To keep the older version on your computer, check the box labeled Keep old version on my computer. Leave it unchecked to replace it.
5. Finish the Upgrade: Wait for the installation to complete. Once done, click Open QuickBooks to start using QuickBooks Desktop 2024.
6. Verify the Upgrade: After opening, confirm that your company file loads correctly and features function as expected. Begin working in the updated version once setup is complete.

Method 2: Use QuickBooks Desktop Manager

• Download QuickBooks Desktop Manager: Go to the official QuickBooks website and download the QuickBooks Desktop Manager tool.
• Agree to License Terms: Open the tool, click Download, and accept the License Agreement to continue.
• Enter License Information: Type your QuickBooks license number into the provided field and click Search to verify it.
• Confirm Email and Enter OTP: Select your registered email address, receive the one-time password (OTP), and enter it in the required field.
• Install QuickBooks Desktop 2024: Choose QuickBooks Desktop Pro 2024 and begin the installation process through the Desktop Manager.
• Open and Activate QuickBooks: After installation, open QuickBooks and activate it using your license number and product key.
• Update Your Company File: Launch your existing company file in the new version. Follow the on-screen prompts to upgrade the file format and begin using QuickBooks Desktop 2024.

Do I Need to Buy QuickBooks Again?

• In case you have an active QuickBooks subscription, you’re eligible for the upgrade at no extra cost.
• In case you’re using a one-time purchase version, you’ll need to buy the 2024 version.

Frequently Asked Questions