Let’s start with defining the three QuickBooks Categories: Product, Version, and Release. QuickBooks has many different desktop products: QuickBooks Pro, Premier, Enterprise, and Accountant. Each product has it’s own version: 2011, 2012, 2013, and now 2014. QuickBooks updates it’s software quite frequently. This is referred to as “a new release”.
It is very important to update your QuickBooks file to the Newest Release. QuickBooks creates these releases to improve it’s products. It is similar to updating your iPhone software of apps. Most people I know update their iPhone on a regular basis but do not update their QuickBooks software. Remember…tech companies create updates to improve their products. It’s up to you if you want to utilize those improvements.
Importance of Update QuickBooks Versions:
I was recently contacted by a local business who was having serious QuickBooks issues. After meeting with the client and trouble shooting the issue, I was sure that the file was corrupted in some way or another. The problem was, after verify and rebuilding the data, nothing was coming up with an error. The file acted like it was corrupted but wasn’t showing that it was corrupted. I finally checked the release it was on and saw that it was R5. I searched online for the latest release with QuickBooks Pro 2011 and found it was R13! This guy hadn’t updated his file in years! Sure enough, after updating his data file to the newest release the problems vanished. So remember, if you open your QuickBooks file and a window pops up informing you that there is a new release/update- download that update.
To check what release you are on, open your QuickBooks file and hit F2. This will bring up the “Product Information” window. At the top of this window you will see your product, version, and release. For example, for my business, I am currently using: QuickBooks Enterprise 2013 release 9.
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So remember, update your QuickBooks regularly and upgrade your software to a newer version at least once every three years.
If are working with the Quickbooks and still are using the older version then its maybe harm your financial data or maybe you miss out some Quickbooks features. So, if you want to work with the latest Quickbooks accounting software then MAC is best for you, who offer help you in updating your Quickbooks latest version as well as you can continue with QuickBooks Bookkeeping Services.
