Intuit decided to stop updating QuickBooks for Mac (QBM). Many Accountants complained about QB for Mac, and while it had its issues, it worked and was much more affordable than QuickBooks Online (QBO). The desktop edition was about $200 and only needed to be upgraded once every three years. A comparable version of QBO starts at $540 paid over a three-year period.
QuickBooks for Mac 2016 will be the last version, meaning that if you have QBM you will no longer get updates starting in 2019. By then you will have to decide to switch to QBO or another company’s software. Intuit has introduced an affordable option in QuickBooks Self-Employed which is $10/month, but it lacks all of the tools that was available in the software edition. What is frustrating is that other than being able to download bank data into QuickBooks for Mac, little else has changed. It’s likely a good move for Intuit, but will be frustrating for Mac users. Many may choose to move to WaveApps, Xero or other competitors.