Intuit has launched the QuickBooks for Mac 2021 and 2020, which is a financial accounting solution created especially for accounting professionals and small businesses. This allows users to manage accounts payables, track expenses & sales, and create professional invoices. Mac specific features are also provided in this version like you can add dates to iCalendar, embed a notification bar in the menu bar of Mac, and sync contact with your Mac OS address book. QB for Mac online version can be accessed from any device and from anywhere.
As a serious business person and more so as a QuickBooks user, it’s important to keep yourself up-to-speed with the latest developments as far as this software is concerned. With that in mind, you’ll be happy to see what’s new with QuickBooks. Recently, Intuit has released QuickBooks for Mac desktop and comes with a load of new features that will help to take your business to the next level.
QuickBooks for Mac is specifically designed to allow small businesses to better tools for accessing their essential financial information. This software makes it easier for business owners to receive payments and help to enhance your business’s cash flow.
One of the great things about this software is its ease of installation. You won’t struggle, from download to set; the process is going to take a few minutes. Additionally, you don’t need to have any accounting knowledge to be able to work with the application.
QuickBooks for Mac desktop is locally-installed. However, some functions of this program like downloading the program, payroll, and product updates need an internet connection. Also, it comes with an extra feature that allows you to share data from one computer to another through iCloud.
The application works with macOS X v10.15 (Catalina) and above. To export data, you’ll require Microsoft Excel 2016, Apple Numbers v3.5, or later. As mentioned, you’ll need an internet connection for downloading and installations.
In case you’ve stuck anywhere when creating invoices, recording expenses, or anything, the app comes with step-by-step instructions that you can follow and perform everything like a pro. There’s so much that QuickBooks for Mac can do to your business as we’ll describe below.
QuickBooks for Mac is identical to QuickBooks for Windows/PC as regards to how it works. Upon purchase of the software, you’ll have to first install it on your device. Once you have installed it, the next step will be to enter some information about your business. You can also prepare some documents to help in the smooth setting up of your business.
QuickBooks for Mac, unlike QB Desktop products, can sometimes be hard to navigate, especially for first-time users. However, the software is very easy to learn even than QuickBooks Pro. Additionally, it comes with a relatively fresher and more appealing user interface. This software strikes a good balance between QuickBooks Online and QuickBooks Pro.
Further, the QuickBooks Desktop for Mac 2021 comes with descriptions below each icon that help to make you understand the function of each button.
If you are a Mac user, you must know the steps to install QuickBooks Desktop for Mac. If you need help in setting up QB Desktop for Mac, then implement the forthcoming procedure step-by-step.
Step 1 – Ensure that your system is compatible with QuickBooks desktop for Mac.
Firstly you have to check out the requirements of your system, so that QB can be installed in your system without any hassle.
Step 2 – Discover the license and product numbers
Step 3 – Download and install QuickBooks Desktop for Mac
Step 4 – Convert or upgrade your company file
If you have upgraded from a QuickBooks for Mac 2021 version, then update your company file so that it can work efficiently in the latest edition.
Step 5 – Set up multi-user
This step is totally optional. You can set up QuickBooks desktop for Mac 2021 in multi-user mode if you have more than one user license. In that way, you can ensure that all users can access the file at the same time.
Follow these simple and quick steps to download QuickBooks for Mac.
Download the QuickBooks Online for Mac app and leave all other browsers behind. Download this extensive app in your system and easily access all the online data starting from your application folder.
Once you download this app in your system, you will be facilitated with various advantages.
Keep in mind that there is no term like QuickBooks Pro for Mac, it is available for Windows operating system only.
Want to know the procedure to download QuickBooks for Mac app for QB Online? This app has a beautiful new design and advanced features such as multi-tab support, increased reliability, and much more. Carry out the following steps to download this app manually.
Step 1 – Ensure to quit your QB app
Before you download QuickBooks for Mac the new app, you have quit the previous app and QuickView from running.
If you locate the green-colored QB app icon on your dock, then
If you are still using QuickBooks desktop for Mac 2019, then update it to 2021 immediately for better functionality.
If you locate the QB icon at the top right side of the menu bar (for QuickView), then
Step 2 – Download and install the new QuickBooks app for Mac
Step 3 – Launch the newly downloaded app
Once the download is completed, launch the new QuickBooks app for Mac.
Apply all these steps and download this beneficial app. Check out all other download QuickBooks for Mac and stay up-to-date.
For processing payroll on a Mac, you have two different options. Let’s explore these two options-
Note that desktop payroll solutions of Intuit are only supported by Windows. Users can Utilize Boot Camp, which is a special program offered by Apple, for using these products on Mac.
QuickBooks for Mac uses both cash basis and accrual accounting
Whether you’re a small business owner, a medium-sized or a large one, QuickBooks desktop for Mac has a lot to offer. The following is what you can achieve with this QuickBooks version.
1. Enhance Professionalism and Get Paid More Quickly
With this software, it’s all about professionalism. You’ll be able to create outstanding estimates and professional invoices for services, expenses, goods, and billable time. It will feel so convenient to you accepting payments straight from invoices and as mentioned, sending reminders for any payments due.
What’s more, you can get real-time invoice status visibility to help you stay up-date with the cash flow in your business. There’s no better way of managing accounts payable and bills.
2. Track Inventory
To track inventory means that you’re always stocked, which ensures success. You’ll be able to track products and costs as well as get notifications any time your inventory is down. Moreover, you’ll be able to adjust it to account for any loss, shrinkage, and theft. Lastly, you can make purchase orders to keep yourself up-to-speed with what is in order.
3. Follow Sales Tax
With this feature on QuickBooks Desktop for Mac, you can define which products and which customers are taxable. You can also enjoy auto sales tax tracking all around the month and get reports on the sales tax liability to understand precisely the amount you owe.
4. Know Much You Owe?
You can track bills and your purchase orders all in one place. Also, you’ll be to maintain healthy cash flow and conveniently take action on unsettled bills. It’s easy to view unsettled bills from your customers so that you can manage payments with ease.
With this feature, it’s possible to automatically enjoy early pay offers, track expenses and income, as well as, know exactly the amount of debt you owe.
5. Track All Your Money
You can easily connect your credit card and bank to conveniently download transactions. Additionally, automatically import prior financial data from programs like Excel so that you have a complete track of your money. Lastly, you’ll be able to put your business in order better with customers and employment centers.
There are only a few options that can serve as QuickBooks for Mac alternatives. Accounting software experts are now creating software that offers cloud solutions, which makes the OS of a computer obsolete. However, if your business wishes to have a Mac operating System desktop accounting software program, Intuit offers some desktop products you can choose from.
QuickBooks Desktop online comes with a range of plans to choose from depending on your needs. There’s generally something for everyone, from small business owners to freelancers. The plans are as follows:
This plan suits all small business owners (LLC), sole proprietors, non-profit organizations, Partnership Corporations, etc. The Plan costs you $25 per month only. However, Intuit is currently offering a 50% discount for up to 3 months. With this plan, there’s so much you’ll enjoy, including tracking income and expenses and capturing and organizing receipts. Other features to enjoy include:
This is the most popular plan costing $75 per month though you can take advantage of the 50% discount and secure it for $35 for up to three months. With this plan, you get to access all the features that come with Simple Start, and also, you’ll enjoy:
If you feel that your business needs more than what is offered in the two plans above, the advanced plan could be the best pick for you. This plan costs $150 per month but when but thanks to the 50% discount for the first three months, you can buy it at $75 only. The plan provides everything in the Plus plan and so much more, which include:
Last but not least, the Self-Employed plan is designed to suit you if you’re a sole proprietor and you file a Schedule C.
All these plans are currently are with a 50% discount. Normally, this product comes at 15$ per month. However, the discounted price is $7.50 per month currently. With this plan, you’ll be able to:
Connected Accounting & ERP
Connected Accounting & ERP (Enterprise Resource Planning) is availed for both cloud-based and local (desktop) installation use. The software provides Enterprise and Core tiers for you to choose from.
The Core option is a standalone product and will satisfy your basic accounting requirements. However, the Core Accounting module is a product on its own. Connected can work with On-Demand modules and Enterprise from Intuit and other plugins. The price starts at $499 and comes with a lifetime license.
Xero is also a cloud-based application. It has all the features you’d require for the effective running of your enterprise and handle your financial needs.
Xero is one of the popular cloud-based software and for that reason, you can utilize over 700 tools and applications with it, including POS, CRM, Payroll, and time tracking among others. When it comes to pricing, there are three plans you can choose from, costing from $9 to $60 every month.
QuickBooks Desktop for Mac 2019
Sometimes, you may require working with your QB on a second Mac. Thanks to iCloud syncing, you can access your QB file from different Mac computers.
iCloud Doc sharing is an inbuilt feature in macOS. It functions by syncing folders to iCloud Drive. Any other user with a link to the file in iCloud or the folder can access, download and collaboratively edit the shared files.
QuickBooks Desktop for Mac 2021
QuickBooks for Mac 2021 comes with highly advanced features that help businesses to manage critical financial jobs such as:
When it comes to both browser and system requirements for QuickBooks Desktop for Mac 2021, you’ll need at least MacOS X v10.15. You’ll also need an internet connection to install the downloaded version and receive regular updates. Lastly, you’ll require registering the product.
1. Is it possible to install QuickBooks Desktop for Mac on multiple computers?
Intuit offers single and 3-user license options. If you go with the 3-user license allows one to use it on up to 3 users.
2. Has Intuit discontinued QuickBooks Desktop for Mac?
Though Intuit has announced discontinuing of QuickBooks for desktop Mac, feedback from many QuickBooks users made the Intuit renew its commitment and released QuickBooks desktop for Mac 2019 and now QuickBooks for Mac 2020.
3. Is there a difference between QuickBooks Online and QuickBooks for Mac?
Yes. There are many differences between QuickBooks Online and QuickBooks for Mac desktop. QB for Mac was developed for Mac users. It also has to be installed on Mac and not any other computer. On the other hand, QuickBooks online is cloud-based and doesn’t require any installation. You can use it on Mac, PC, and mobile devices provided you have an internet connection and a suitable browser.
4. Is there a difference between QB for Mac and QuickBooks for Windows/PC?
Yes. There are multiple differences between QB for Mac and QB for PC. Though many of the general features are identical in both of the versions, QuickBooks for Mac isn’t compatible with other apps or software packages.
Many business owners and other professionals have been using QuickBooks for Mac for a while now, but the 2021 version comes with more robust upgrades so far. With so many small enterprises switching from Windows platforms to the Mac environment, it’s great to see that Intuit Company is taking the Mac Business users seriously.
This is all about QuickBooks for Mac 2021. I hope the information is helpful to you.
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Great article helps me to install QuickBooks for mac desktop.