Understanding the QuickBooks Subscription Renewal Process

Is your QuickBooks subscription expired or about to expire? If the answer to this question is yes, then you are in the right place. You need to complete the QuickBooks subscription renewal process before the timeline runs out. Once you have missed the timeline to renew the subscription, you will miss out on several exclusive QuickBooks features, timely updates, and quick assistance in case of trouble. If you want to make sure you do not miss out on the renewal date, you need to set up the autopay feature and set up the reminder option on your phone.

Have you missed the deadline for QuickBooks subscription renewal? If yes, don’t worry, our professionals are always there at your service. Call our Proadvisor solutions’ Helpline Number 1-(855)-542-9309 any time and get your problems resolved at the moment.

What is QuickBooks Desktop Subscription?

QuickBooks is a widely used accounting and bookkeeping software application around the world. It uses a subscription-based model, providing regular updates and support for the application. You have used the Amazon Prime and Netflix applications. They also work on a subscription-based model. The users have to pay a yearly subscription fee, known as the subscription renewal fee. Intuit charges an annual fee for using the software. 

This subscription-based model ensures that you use the updated version of QuickBooks without needing to update the application manually. You need to pay Intuit a renewal charge each year to continue using the services offered by QuickBooks. This is called the QuickBooks subscription. After every year, the subscription expires, and you have to go through the QuickBooks subscription renewal process. 

Why Renew QuickBooks Desktop Subscription?

Apart from just getting a yearly access, the QuickBooks subscription plan offered by Intuit has many other benefits. Here are some of the reasons why you should consider renewing the QB subscription:

1. You will get unrestricted access to exclusive QuickBooks features.
2. You will get automatic QuickBooks updates, removing the issue of manually updating the application.
3. Renewing your QB subscription will help you keep optimized with the current OS.
4. Renewing the QB subscription will enable you to streamline your accounting and bookkeeping processes.

These are some of the great features, right? So, what are you even waiting for? Go and renew your subscription now to enjoy the limitless features in QuickBooks. In the next section, we will help you with the process to renew your subscription.

Finding Your Subscription Renewal Date

The first step will be to check and find your subscription details. You can check your subscription details from the online portal as well as from the desktop application. 

Checking Subscription Status in the QuickBooks Online Application

On iPhones and iPads, you can use the mobile app to access your subscription details. On Android devices, you need to use the web browser. Here are the steps that you need to follow for iPhones and iPads:

1. Open the QB mobile application and proceed to the More Options (indicated by the three vertical dots in general) and click on Settings.
2. There, you need to choose Subscription, and it will display your renewal information.

Checking Subscription Status in QuickBooks Online on the Web

You need to follow the steps mentioned below to find your QuickBooks renewal date on the web:

1. You need to log in to QBO from a recommended browser.
2. There, you need to sign in to your account using the credentials.
3. Now, you need to choose Settings and then move to Subscription and Billing.

Following the steps mentioned above, you can check your QuickBooks subscription renewal date. Now, if you find your subscription to be expired, you need to renew your QuickBooks subscription. 

Updating QuickBooks Desktop Billing Information

Before renewing the annual subscription of QuickBooks, you need to update its billing information. Without this information, you can’t proceed with the QuickBooks subscription renewal. Here are the steps that will help you update QBDT billing information:

1. You need to sign in to the Customer Account Management Portal (CAMP) with administrative rights to access it.
   
2. Here, you need to choose QuickBooks Desktop from the list of products and services.
3. You need to click the details next to your QuickBooks product.
4. Besides the Payment Method, you need to click on Edit and then click on Save and Close.
5. Now, you need to open QuickBooks Desktop and follow the steps mentioned below.
   • You need to navigate to the Help menu and hover over Manage My License.
     
   • Then, you need to select the Sync My License Data Online option. 

These are the ways in which you can update your billing information in QuickBooks Desktop.

How to Renew QuickBooks Online Subscription?

We just talked too much about the subscription, but we have not seen the steps for the QuickBooks subscription renewal yet. In this section, we will gradually learn the steps to renew the subscription. The steps that we will take to renew the subscription are mentioned in the sections below.

1. Open the default browser and log in to your QuickBooks account using the credentials.
2. There, you need to choose Settings and then click on the Subscription and Billing option.
3. Now, for your current QuickBooks plan, you need to select Resubscribe and enter the updated billing information. 
4. Then, you need to enter the Payment Information and Billing Address in the designated sections provided.
5. Now comes the final step of clicking on the Resubscribe option there.

These steps will help you renew your QuickBooks Online subscription. You can also choose to upgrade your QuickBooks Desktop subscription by email or through a telephonic conversation. 

What Will Happen if You Fail to Update Your QuickBooks Subscription?

You might have to face the repercussions if you fail to update your QuickBooks subscription on time. Let’s have a look at the problems that you may have to face if you fail to renew your QuickBooks subscription. 

1. An expired QuickBooks subscription will lead to the loss of upcoming software updates and support features.
2. Your QuickBooks application will be open to security threats and compatibility problems.
3. You will be unable to work smoothly on QuickBooks because of the lack of technical assistance.
4. You may have to pay the extra charge and the late fine to get your QuickBooks subscription renewed again.

These are some of the repercussions that you may have to face once you fail to upgrade your QuickBooks Desktop. Do you think there are any possibilities to avoid these setbacks? Well, yes, there are.

Avoiding Issues with QuickBooks Subscription Renewal

A user cannot just hold onto their subscription detail screens all the time. They have got other work to do as well. You need to find some ways in which you can never miss the renewal date. We have done it for you again. Let’s have a look at the ways in which you can avoid missing out on the subscription renewal of QuickBooks. 

1. Enabling Auto-Renewal Feature: You can set up an automatic renewal for the QuickBooks subscription to avoid the deadlines. This will help you escape the manual inputs and late charges.
2. Saving Renewal Date as Reminder: You can easily set up the renewal date, or a couple of days before the renewal date, as a reminder in your mobile phone. This will make sure you do not miss the subscription renewal date.
3. Keeping Payment Info Up-to-date: You need to keep your payment information up to date to avoid failed payments. This will help you work in a smooth and favorable condition. 

These steps will help you avoid issues with the QuickBooks subscription renewal. Following these steps will verify that you do not miss out on the renewal date. 

That’s All for Now!

So, we just had a look at the QuickBooks subscription renewal process. In the subscription-based model in QuickBooks, Intuit charges an annual fee in exchange for services, support, and regular updates. The user must not miss their renewal date to avoid the late surcharge and incompatible software usage. We have outlined certain steps in this blog to be followed by the user to make sure they do not miss the renewal date.  

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Erica watson

Erica Watson is writing about accounting and bookkeeping for over 7+ years, making even the difficult technical topics easy to understand. She is skilled at creating content about popular accounting and tax softwares such as QuickBooks, Sage, Xero, Quicken, etc. Erica’s knowledge of such softwares allows her to create articles and guides that are both informative and easy to follow. Her writing builds trust with readers, thanks to her ability to explain things clearly while showing a real understanding of the industry.