And when HMRC is continuing to push their Making Tax Digital initiative, cloud-based software is looking like being the key to more streamlined business and financial management. It’s confirmation that cloud-based accounting software will always be safer to use and considerably more reliable than anything that’s limited to desktop use only.
While the online version of QuickBooks will remain available, anyone using the desktop version will need to rethink their accounting needs. This has been a major blow for many businesses that rely on QuickBooks and the clock is ticking for business owners to find alternative accounting software. Any business currently using the desktop version of the QuickBooks accounting software should know by now that on February 1st 2023, it will be discontinued.
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