QuickBooks Download 2020: How to Get the Latest Version of QuickBooks Desktop
If you are looking for a reliable and powerful accounting software for your small or medium-sized business, you might want to consider QuickBooks Desktop. QuickBooks Desktop is one of the most popular and widely used accounting software in the world, with over 7 million users. In this article, we will show you how to download QuickBooks Desktop 2020, the latest version of this software, and how to install and upgrade it on your computer. We will also explain what QuickBooks Desktop is, what are its benefits and features, and why you should use it for your business.
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What is QuickBooks Desktop?
QuickBooks Desktop is a desktop-based accounting software that helps you manage your business finances, such as income, expenses, taxes, invoices, payments, inventory, payroll, reports, and more. You can use QuickBooks Desktop to track your sales and customers, create estimates and invoices, record payments and receipts, manage your bills and vendors, monitor your cash flow and profitability, prepare and file your taxes, and generate various financial reports and statements. You can also integrate QuickBooks Desktop with other applications and services, such as online banking, credit card processing, e-commerce platforms, email marketing tools, time tracking software, and more.
Benefits of QuickBooks Desktop
Some of the benefits of using QuickBooks Desktop for your business are:
It is easy to use and learn. You don't need any accounting knowledge or experience to use QuickBooks Desktop. It has a user-friendly interface and intuitive features that make it simple and convenient to use.
It is fast and efficient. You can perform various accounting tasks quickly and accurately with QuickBooks Desktop. It automates many processes and calculations for you, saving you time and effort.
It is secure and reliable. You can store your data locally on your computer or on a network server. You can also back up your data regularly and restore it in case of any loss or damage. You can also set up passwords and permissions to protect your data from unauthorized access.
It is customizable and flexible. You can customize QuickBooks Desktop to suit your specific business needs and preferences. You can choose from different editions and versions of QuickBooks Desktop, such as Pro, Premier, Enterprise, Accountant, or Mac. You can also add various features and functionalities to QuickBooks Desktop by purchasing add-ons or subscribing to services.
Features of QuickBooks Desktop
Some of the features of QuickBooks Desktop that make it a powerful accounting software are:
Company Snapshot. This feature gives you a quick overview of your business performance and financial situation. You can see key metrics and indicators, such as income, expenses, profit, cash flow, accounts receivable, accounts payable, inventory, sales orders, purchase orders, etc.
Invoice Tracker. This feature helps you track the status of your invoices and payments. You can see which invoices are overdue, paid, partially paid, or unbilled. You can also send reminders and statements to your customers, receive payments online or by phone, and apply discounts or credits to your invoices.
Inventory Management. This feature helps you manage your inventory and stock levels. You can track the quantity and value of your inventory items, set reorder points and alerts, create purchase orders and receive items, adjust inventory quantities and costs, and generate inventory reports.
Payroll Services. This feature helps you pay your employees and handle your payroll taxes. You can set up and run payroll, calculate taxes and deductions, print paychecks or use direct deposit, file and pay payroll taxes electronically, and generate payroll reports.
Advanced Reporting. This feature helps you create and customize various financial reports and statements. You can choose from over 200 built-in report templates, or create your own custom reports. You can also filter, sort, group, and summarize your data, as well as export your reports to Excel or PDF.
How to Download QuickBooks Desktop 2020
If you want to get the latest version of QuickBooks Desktop, you need to download it from the official website of Intuit, the company that develops and sells QuickBooks. Here are the steps to download QuickBooks Desktop 2020:
Step 1: Go to the Downloads & Updates page
Open your web browser and go to the of Intuit. This is where you can find the latest versions of all QuickBooks products and services.
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Step 2: Select your country, product, and version
On the Downloads & Updates page, you need to select your country from the drop-down menu at the top right corner. Then, you need to select your product from the drop-down menu in the middle of the page. In this case, you need to select QuickBooks Desktop. Finally, you need to select your version from the drop-down menu below the product menu. In this case, you need to select QuickBooks Desktop 2020.
Step 3: Click on the Download button
After selecting your country, product, and version, you will see a Download button at the bottom of the page. Click on this button to start downloading the installation file of QuickBooks Desktop 2020. The file name will be something like QuickBooksPro2020.exe or QuickBooksPremier2020.exe, depending on which edition of QuickBooks Desktop you have chosen.
Step 4: Save the installation file on your computer
When the download is complete, you need to save the installation file on your computer. You can choose any location on your hard drive or external storage device to save the file. However, we recommend that you save it on your desktop or in a folder that is easy to access.
How to Install QuickBooks Desktop 2020
After downloading the installation file of QuickBooks Desktop 2020, you need to install it on your computer. Here are the steps to install QuickBooks Desktop 2020:
Step 1: Run the installation file
To run the installation file, you need to double-click on it or right-click on it and select Run as administrator. This will launch the QuickBooks Desktop Installation Wizard, which will guide you through the installation process.
Step 2: Accept the license agreement and enter your product number
The first screen of the Installation Wizard will ask you to accept the license agreement of QuickBooks Desktop. You need to read the agreement carefully and check the box that says I accept the terms in the license agreement. Then, you need to enter your product number and license number, which you can find on the confirmation email that you received from Intuit when you purchased QuickBooks Desktop 2020. Click on Next to continue.
Step 3: Choose the type of installation and location
The next screen of the Installation Wizard will ask you to choose the type of installation and location for QuickBooks Desktop 2020. You have two options for the type of installation: Express or Custom and Network. Express is the recommended option, as it will automatically choose the best settings for your computer and install QuickBooks Desktop 2020 in the default location. Custom and Network is the option for advanced users, as it will allow you to change the settings and location of QuickBooks Desktop 2020, as well as install it on a network or a server. Choose the option that suits your needs and click on Next.
Step 4: Follow the on-screen instructions to complete the installation
The final screen of the Installation Wizard will show you a summary of your choices and ask you to confirm them. Click on Install to start installing QuickBooks Desktop 2020 on your computer. The installation process may take several minutes, depending on your computer's speed and performance. You can see the progress of the installation on the screen. When the installation is complete, click on Open QuickBooks to launch QuickBooks Desktop 2020.
How to Upgrade to QuickBooks Desktop 2020
If you already have an older version of QuickBooks Desktop on your computer, such as QuickBooks Desktop 2019 or earlier, you can upgrade to QuickBooks Desktop 2020 without losing your data or settings. Here are the steps to upgrade to QuickBooks Desktop 2020:
Step 1: Back up your company file
Before upgrading to QuickBooks Desktop 2020, it is important to back up your company file, which contains all your business data and transactions. This will ensure that you have a copy of your data in case something goes wrong during the upgrade process. To back up your company file, open your existing version of QuickBooks Desktop and go to File > Back Up Company > Create Local Backup. Follow the instructions on the screen to create a backup file and save it in a secure location.
Step 2: Install QuickBooks Desktop 2020 on your computer
After backing up your company file, you need to install QuickBooks Desktop 2020 on your computer. You can follow the same steps as described above in the section How to Install QuickBooks Desktop 2020. However, when you are asked to choose the type of installation, make sure you select Express, as this will replace your existing version of QuickBooks Desktop with QuickBooks Desktop 2020.
Step 3: Open your company file in QuickBooks Desktop 2020 and update it
After installing QuickBooks Desktop 2020, you need to open your company file in it and update it to the latest format. To do this, launch QuickBooks Desktop 2020 and go to File > Open or Restore Company > Open a company file. Browse to the location where you saved your company file and select it. Click on Open to open it in QuickBooks Desktop 2020. You may see a message that says This company file needs to be updated. Click on Update Now to start updating your company file. This may take a few minutes, depending on the size of your company file. When the update is complete, click on Done.
Conclusion
In this article, we have shown you how to download, install, and upgrade to QuickBooks Desktop 2020, the latest version of QuickBooks Desktop accounting software. We have also explained what QuickBooks Desktop is, what are its benefits and features, and why you should use it for your business. We hope that this article has been helpful and informative for you. If you have any questions or comments, please feel free to leave them below.
Frequently Asked Questions
Here are some of the frequently asked questions about QuickBooks Desktop 2020:
What are the system requirements for QuickBooks Desktop 2020?
The system requirements for QuickBooks Desktop 2020 are:
Windows 8.1 Update 1 or Windows 10 (64-bit) operating system
2.4 GHz processor (minimum), 2.8 GHz processor (recommended)
4 GB RAM (minimum), 8 GB RAM (recommended)
2.5 GB disk space (additional space required for data files)
4x DVD-ROM drive (if installing from a CD)
Internet access for online features and services
1024x768 or higher screen resolution
Printer (if you want to print invoices, checks, reports, etc.)
You can check the full system requirements for QuickBooks Desktop 2020 .
How much does QuickBooks Desktop 2020 cost?
The cost of QuickBooks Desktop 2020 depends on which edition and version you choose. The prices are as follows:
EditionVersionPrice
QuickBooks Desktop Pro1 user$299.95/year or $399.99/one-time purchase
QuickBooks Desktop Pro2 users$549.95/year or $649.99/one-time purchase
QuickBooks Desktop Pro3 users$799.95/year or $999.99/one-time purchase
QuickBooks Desktop Premier1 user$499.95/year or $649.99/one-time purchase
QuickBooks Desktop Premier2 users$849.95/year or $999.99/one-time purchase
QuickBooks Desktop Premier3 users$1,199.95/year or $1,499.99/one-time purchase
QuickBooks Desktop Enterprise1-10 users$1,213/year or $1,577/year (with Advanced Inventory)
QuickBooks Desktop Enterprise11-30 users$1,940/year or $2,304/year (with Advanced Inventory)
QuickBooks Desktop for Mac1 user$299.95/year or $399.99/one-time purchase
QuickBooks Desktop for Mac2 users$549.95/year or $649.99/one-time purchase
QuickBooks Desktop for Mac3 users$799.95/year or $999.99/one-time purchase
Note: These prices are as of June 2023 and may change over time.
What are the differences between QuickBooks Desktop 2020 and QuickBooks Online?
QuickBooks Desktop 2020 and QuickBooks Online are two different products from Intuit that offer different features and benefits. QuickBooks Desktop 2020 is a desktop-based software that you need to download and install on your computer, while QuickBooks Online is a cloud-based software that you can access from any device with an internet connection. Some of the main differences between them are:
Data storage and access: With QuickBooks Desktop 2020, you can store your data locally on your computer or on a network server, and you can access it only from the device where it is installed. With QuickBooks Online, you can store your data on the cloud, and you can access it from any device with an internet browser.
Data backup and security: With QuickBooks Desktop 2020, you need to back up your data manually and regularly, and you are responsible for protecting your data from loss or damage. With QuickBooks Online, your data is automatically backed up and encrypted by Intuit, and you can restore it anytime.
Data synchronization and integration: With QuickBooks Desktop 2020, you need to sync your data manually with other applications and services, such as online banking, credit card processing, e-commerce platforms, etc. With QuickBooks Online, your data is automatically synced and integrated with other applications and services that are compatible with QuickBooks Online.
Data entry and automation: With QuickBooks Desktop 2020, you need to enter your data manually or import it from other sources, such as Excel or CSV files. With QuickBooks Online, you can enter your data manually or automatically by connecting your bank accounts, credit cards, PayPal, etc.
Data analysis and reporting: With QuickBooks Desktop 2020, you can create and customize various financial reports and statements, such as income statement, balance sheet, cash flow statement, etc. With QuickBooks Online, you can create and customize various financial reports and statements, as well as access advanced reporting tools, such as Smart Reporting powered by Fathom, Business Performance Dashboard, etc.
These are some of the main differences between QuickBooks Desktop 2020 and QuickBooks Online. However, both products have their own advantages and disadvantages, and you should choose the one that best suits your business needs and preferences. You can compare the features and prices of both products .
How can I get support for QuickBooks Desktop 2020?
If you need any help or support for QuickBooks Desktop 2020, you can contact the QuickBooks Desktop Customer Care team by phone, chat, or email. You can also visit the QuickBooks Desktop Help Center, where you can find answers to common questions, articles, tutorials, videos, webinars, and community forums. You can also access the QuickBooks Desktop Learning Center, where you can find courses, guides, tips, and tricks to learn how to use QuickBooks Desktop 2020 effectively.
How can I update QuickBooks Desktop 2020?
To keep your QuickBooks Desktop 2020 up to date with the latest features and improvements, you need to update it regularly. You can update QuickBooks Desktop 2020 manually or automatically. To update it manually, you need to go to Help > Update QuickBooks Desktop > Update Now > Get Updates. To update it automatically, you need to go to Help > Update QuickBooks Desktop > Options > Yes (to enable automatic updates). You can also download the latest updates from the of Intuit.
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