Full History Of QuickBooks In Timeline From 1983

1983: Intuit Founded

Intuit was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California.

1992: QuickBooks Launch

In 1992, Intuit first introduced QuickBooks, an accounting software package.

2000: Intuit Releases Basic and Pro Versions

By 2000, Intuit had developed and released Basic and Pro versions of QuickBooks.

May 2002: QuickBooks Enterprise Solutions Launch

Intuit launched QuickBooks Enterprise Solutions in May 2002, targeting medium-sized businesses.

2003: Industry-Specific Versions Released

In 2003, Intuit started offering industry-specific versions of QuickBooks, catering to various business types.

September 2005: QuickBooks Market Dominance

By September 2005, QuickBooks held a commanding 74% of the market share in the US.

June 2007: QuickBooks Enterprise on Linux Servers

In June 2007, Intuit announced that QuickBooks Enterprise Solutions would be compatible with Linux servers, departing from the previous requirement of Windows servers.

March 2008: QuickBooks Reaches 94.2% Market Share

As of March 2008, QuickBooks' market share in retail units within the business accounting category reached an impressive 94.2%, according to NPD Group.

June 19, 2008: QuickBooks Market Share and ProAdvisor Program

A June 19, 2008, Intuit press release highlighted QuickBooks' significant market share reaching 94.2% in retail units for the business accounting category. It also mentioned the growth of the QuickBooks ProAdvisor program with over 50,000 members.

2008: New Features in QuickBooks 2008

For the 2008 version, QuickBooks added features like Excel spreadsheet imports, additional employee time tracking options, pre-authorization of electronic funds, and new help functions.

2011: UK-Specific QuickBooks Online Version

In 2011, Intuit introduced a UK-specific version of QuickBooks Online, addressing the unique requirements of the VAT and European tax system. This marked an expansion into international markets with tailored versions.

2013: QuickBooks Dominates Market Share

By 2013, QuickBooks continued to dominate the small business accounting software market, claiming a vast majority of the market share.

2013: QuickBooks Online Rebuilt

Intuit announced a significant development in 2013: QuickBooks Online was rebuilt from scratch using a new platform. This platform enabled third-party developers to create applications specifically for small businesses and allowed users to customize their QuickBooks Online experience.

May 2014: QuickBooks Online Subscriber Milestone

By May 2014, QuickBooks Online achieved a significant milestone by surpassing other online accounting platforms with 624,000 subscribers.

July 2014: Xero Reports 284,000 Customers

In comparison to QuickBooks Online's subscriber base, Xero, another online accounting platform, reported having 284,000 customers as of July 2014.

September 22, 2014: QuickBooks 2015 Release

On September 22, 2014, Intuit announced the release of QuickBooks 2015, incorporating user-requested features like an improved income tracker, pinned notes, a streamlined registration process, and enhanced insights on the homepage.

2014: QuickBooks Enterprise Withdrawal from UKI Market

QuickBooks Enterprise was withdrawn from the UK and Ireland market in 2014.

September 2015: QuickBooks 2016 Release

Intuit released QuickBooks 2016 in September 2015, introducing several enhancements such as batch transactions, bill tracking, continuous feed label printer support, and batch delete/void transactions.

2015: Release of QuickBooks 2015

QuickBooks 2015 was released, featuring an improved income tracker, pinned notes, and an improved registration process.

September 2016: QuickBooks 2017 Release

Intuit launched QuickBooks 2017 in September 2016, bringing improvements like automated reports, enhanced search functionality, and better visualization of report filters.

2016: Release of QuickBooks 2016

QuickBooks 2016 was released, featuring batch transactions, bill tracking, and continuous feed label printer support.

2017: QuickBooks 2018 Release

Intuit released QuickBooks 2018 in 2017, adding features such as mobile inventory barcode scanning, multi-monitor support, and enhanced search capabilities within the chart of accounts.

2017: Release of QuickBooks 2017

QuickBooks 2017 was released, with improvements to automated reports and smart search features.

September 17, 2018: QuickBooks 2019 Release

On September 17, 2018, Intuit announced the release of QuickBooks 2019, which included new features like a history tracker for customer invoices, the ability to transfer credits between jobs for the same customer, and a payroll adjustment feature.

2018: Release of QuickBooks 2018

QuickBooks 2018 was released, featuring mobile inventory barcode scanning and multi-monitor support.

September 16, 2019: QuickBooks 2020 Release

QuickBooks 2020 was launched on September 16, 2019, with a focus on enhancing reliability and user experience. New features included the ability to add customer PO numbers in email subject lines, send batch invoices, set automatic payment reminders, collapse and expand columns, and simplify QuickBooks version updates.

2019: Release of QuickBooks 2019

QuickBooks 2019 was released, including a history tracker for customer invoices and the ability to transfer credits between jobs for the same customer.

September 4, 2020: QuickBooks 2021 Release

Intuit launched QuickBooks 2021 on September 4, 2020, with enhancements to the payment process and automation features. The desktop editions in this version featured streamlined bank feeds, automated receipt management, rule-based customer groups, payment reminders, customizable payment receipts, data-level permissions, and batch deletion for sales orders.

2020: Release of QuickBooks 2020

QuickBooks 2020 was released, focused on improving reliability and user experience.

2021: Release of QuickBooks 2021

QuickBooks 2021 was released, featuring improved payment processes and automated features.

2021: QuickBooks Desktop Subscription-Only Model in UK and Ireland

QuickBooks Desktop became available solely on a rental/subscription basis for users in the UK and Ireland, with plans to phase out the desktop software and make 2021 the final edition.

January 2023: QuickBooks Discontinues Services in India

Quickbooks announced that its products and services for accountancy and small business customers would be discontinued in India after January 31, 2023.

October 3, 2023: Intuit discontinues support for QuickBooks Point of Sale

On October 3, 2023, Intuit announced the discontinuation of support for its QuickBooks Point of Sale software, citing challenges with the platform's maintenance and feature introduction. While the software remains functional for existing users, Intuit will no longer provide updates for security or functionality.

History of QuickBooks in Timeline