QuickBooks 2011-Upgrade or Not Upgrade, THAT is the question
Each year when a new version of QuickBooks is released, we are asked by our customers “should I upgrade?” and “is your software compatible with the new version”.
Is your software compatible with the new QuickBooks version?
Yes, it is, see our compatibility announcement dated 9/28/2010.
As Intuit Gold Developers we “usually” have access to new versions of QuickBooks while they are in beta status. Usually we can obtain a beta version of the new QuickBooks version in August, so we can begin testing our software for compatibility; this type of early access usually includes the ability to obtain several different/updated beta releases; before we actually get a copy of the final release version. All of this means several rounds of testing as each new new beta release introduces bug fixes to features and functionalities of QuickBooks.
Once we have a final release version, we run a gauntlet of tests with our software to verify that any new features and/or functionalities introduced to QuickBooks do not cause problems with the way our software integrates with/works with your QuickBooks file. If we discover problems, we need to make changes to our own code to deal with the problems and run all of the tests again. Once we have completed our testing, we then have to create both compatibility updates (patches) for our existing customers and build new versions of our software to make available to new customers. All of this has to be accomplished in a two week period of time.
USUALLY, our software is compatible with the new version of QuickBooks as soon as Intuit makes the announcement that it is available to purchase – however, we never know how new QuickBooks features/enhancements will affect how our software integrates with QuickBooks until we have had an opportunity to thoroughly test our software with a final release.
IF you use and rely on the functionality of a QuickBooks 3rd party application; it is in your best interest to ask this question – do not make the assumption that your 3rd party application will “automatically” be compatible with a new version of QuickBooks!
Should I upgrade to the new QuickBooks version?
This question is more difficult to answer; there are so many things to take into consideration – do your existing computer “have what it takes” to run the new version, will you need to purchase new computers that come with Windows 7 and Office 2010 installed, do you rely on 3rd party QuickBooks integrated applications? For more information, see Computer Requirements & Office Compatibility.
However, my typical answer is to do your homework but go ahead and purchase the upgrade, initial pricing is usually very good; but that you should probably wait awhile before actually installing it and updating your company data file – unless you strongly NEED to have the new features.
Why? Historically, each year when a new version of QuickBooks is initially released users discover bugs which were not found during Intuit’s own testing and through their own “official beta tester” program. Often times these bugs occur due to the thousands of possible computer configurations and the various ways in which people actually use QuickBooks.
We usually suggest that you wait a month or two, or until after you have generated employee W-2’s, before you update. This way you can watch QuickBooks Forums and User Groups to see if people are running into errors and what those errors are – you do not necessarily want to be one of the people who get caught by problems. Additionally, during the first few months Intuit is busy putting out maintenance releases to correct problems and, again historically speaking; by January Intuit has most if not all of the problems resolved.
Having said all of that…..I participated in the “official” Intuit beta tester program and have had access to beta versions since July; while Ben has had access since August, through our Intuit Developer Network membership. We have both been testing/using the version fairly extensively, without any major issues; but I don’t use all features as heavily as you might.
If you are thinking of upgrading to QuickBooks 2011, read our 10 Tips for a successful installation/upgrade
|Request our FREE 142-page “What’s New in QuickBooks 2011? eBook, by completing a simple request form.
This eBook will provide you with with all the information I’ve posted here in our blog, plus MORE!
Once you’ve completed our simple request form, you’ll have instant access to this 142-page .pdf eBook, designed to be duplex printed and put in a binder for future reference.
4 Responses to QuickBooks 2011-Upgrade or Not Upgrade, THAT is the question
Leave a Reply
- The Great Debate – QuickBooks Desktop vs. QuickBooks Online
- Using Account Numbers in Your QuickBooks Chart of Accounts
- QuickBooks Creating a More Meaningful Payroll Expenses Section
- Calculating & Displaying Fringe Benefits on a Certified Payroll Report
- QuickBooks Tip - Child Support Garnishments
- How To Turn On and Use Manual Payroll in QuickBooks
- Create a QuickBooks Job Cost Report With Hours & Payroll Costs
- QuickBooks Payroll Tip - Tracking Employee Advances or Loans
- QuickBooks Tip - Job Costing Starts With A Simple Item
- QuickBooks for Contractors Tip – Basics of Progress Invoicing
- QuickBooks Tip-Creating a Functional Payroll Liabilities Section
- Welcome to the QuickBooks for contractors blog
- QuickBooks Tip: Important Facts About Items Left as Billable
- QuickBooks Tip-Handling Employee Reimbursements for Expenses
- QuickBooks Tip - Determing Cost of Goods Sold
- Straight from the IRS - Social Security Tax Reduced to 4.2%
- QuickBooks 2015 Announced - Important System Requirements
- QuickBooks 2013 Upgrade Do's, Don'ts & Frequent Questions
- QuickBooks Tip - Handling Retainage
- QuickBooks 2012 - Frequently Asked Questions About Upgrading