QuickBooks Pro 2020 is one of the latest versions of the popular accounting software for small and medium-sized businesses. It offers a range of features and benefits that can help you manage your finances, track your income and expenses, create invoices and estimates, and more. In this article, we will review some of the key aspects of QuickBooks Pro 2020, such as its system requirements, pricing, installation process, and new and improved features.
Before you purchase or download QuickBooks Pro 2020, you need to make sure that your computer meets the minimum system requirements for running the software. According to the official website[^1^], these are:
Windows 8.1 Update 1 or Windows 10 update/version supported by Microsoft
Windows Server 2012 (or R2), 2016, or 2019
2.4 GHz processor
4 GB of RAM (8 GB recommended)
2.5 GB disk space recommended (additional space required for data files)
4x DVD-ROM drive
Payroll and online features require Internet access (1 Mbps recommended speed)
Product registration required
Optimized for 1280x1024 screen resolution or higher
Supports one workstation monitor, plus up to 2 extended monitors
If you are using a Mac computer, you will need to purchase or download QuickBooks Pro for Mac 2020[^1^], which has slightly different system requirements.
QuickBooks Pro 2020 costs $399.98 annually[^3^]. This price includes one user license and one year of customer support. You can also purchase additional user licenses for $299.99 each, up to a maximum of three users. Alternatively, you can opt for QuickBooks Pro Plus 2020[^1^], which costs $299.99 per year and includes unlimited customer support, automatic data backup and recovery, and access to the latest features and updates.
If you need more advanced features, such as industry-specific reports, inventory tracking, or multiple currency support, you can upgrade to QuickBooks Premier 2020[^3^], which costs $649.99 annually. You can also choose from different industry editions, such as manufacturing and wholesale, nonprofit, professional services, retail, or contractor.
To install QuickBooks Pro 2020 on your computer, you will need to download the software from the official website[^1^] or use the installation CD that comes with your purchase. You will also need to have your license and product numbers ready. The installation process is fairly simple and straightforward, but if you encounter any issues or need guidance, you can contact the QuickBooks customer care team[^2^] or follow the instructions in this article[^2^].
If you are upgrading from an older version of QuickBooks Desktop, such as QuickBooks 2007, you will need to follow some additional steps to migrate your company file to the new version. You will also need to download and install some intermediate versions of QuickBooks Desktop first, such as QuickBooks 2012 and QuickBooks 2016[^2^]. This is to avoid data compatibility issues and ensure a smooth transition. You can also request help from the Intuit Data Service or a third-party upgrade service[^2^] if you prefer.
New and Improved Features
QuickBooks Pro 2020 comes with some new and improved features that can enhance your accounting experience and productivity. Some of these features are:
Landed Cost: This feature allows you to track the actual cost of your inventory items by factoring in freight charges, duties, insurance fees, and other expenses associated with purchasing and importing goods.
Automated Payment Reminders: This feature helps you reduce late payments and improve your cash flow by automatically sending email reminders to your customers based on their due dates.
Combine Multiple Emails: This feature enables you to send multiple invoices or statements to ec8f644aee