QuickBooks Online Usage Limits Changing
QuickBooks Online usage limits are changing – and in a BIG way! Intuit, Inc. announced that subscribers to QuickBooks Online Simple Start, Essentials, and Plus will see significant changes in their subscriptions, beginning in March 2019. Specifically, Intuit is putting into place the following changes to usage limits in QuickBooks Online.
First, Intuit is limiting the number of items in the Chart of Accounts to 250. This means that no more than 250 accounts and sub-accounts combined can exist in the Chart of Accounts.
Second, Intuit is limiting the number of Classes and Locations to 40. For this change, it is important to note that the limit is imposed on the combined number of Classes and Locations.
Intuit indicated that if you (or your client) exceed the new limits, QuickBooks Online will continue to operate normally. However, you will not be able to add items to the list that is above the newly-revised capacity. Further, when considering the number of items in a list, previously deleted or deactivated items will not count toward the usage limits.
Intuit will begin contacting subscribers soon, notifying them of the new usage limits. The new usage limits will begin going into effect in March and will roll out during 2019.
Why These Changes are Being iMplemented
These changes come as Intuit prepares widespread deployment of QuickBooks Online Advanced. QuickBooks Online Advanced targets companies with greater needs than Simple Start, Essentials, or Plus. The usage limits outlined above provide greater distinction between the various subscription options for QuickBooks Online. For example, QuickBooks Online Advanced provides the following:
- Up to twenty-five paid users and each user can have customized roles and permissions established. Additionally, a company can have an unlimited number of reporting and time- tracking users.
- Unlimited capacity in the Chart of Accounts List.
- Unlimited capacity in the Classes and Locations List.
- Capabilities to allow companies to import invoices.
- Enhanced reporting capabilities, including dashboards and Key Performance Indicators.
- Priority technical support.
For more information on QuickBooks Online, including the new usage limits, click here.
K2 Enterprises offers numerous QuickBooks and QuickBooks Online training options, including the following:
