I just learned that Intuit is forcing me to spend 428% more money per month to maintain my current QBO service usage. This is outrageous.

Current existing usage, accounts, classes, locations, etc are being grandfathered. You will remain on Essentials. You will only pay for Advanced if you move to Advanced

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@MorganB wrote:

 

Advanced offers unlimited amounts, as well as other new features. These features include smart reporting, the ability to import invoices, a personal Success Manager, online training, etc.

 

 

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what is the "etc"?

I appreciate your response, but the previous standard is not grandfathered.  Intuit's arbitrary limits do not permit the user to add additional "accounts" if the new limit is now already exceeded.  The user first has to "delete" active accounts below the new limit threshold in order to add accounts.  This behavior encouraged by Intuit certainly contradicts GAAP and entices users to push ethical boundaries to conform to the limits.  Thus, spending 428% more per month/year for Advanced is the only viable option compared to the business risk exposure instigated by Intuit to stay on Essentials.

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@Malcolm Ziman wrote:

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@MorganB wrote:

 

Advanced offers unlimited amounts, as well as other new features. These features include smart reporting, the ability to import invoices, a personal Success Manager, online training, etc.

 

 

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what is the "etc"?

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Etc = lower income taxes due to higher expenses, lol

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@88_88 wrote:

Intuit's arbitrary limits do not permit the user to add additional "accounts" if the new limit is now already exceeded.  

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Given this has not gone into effect yet, and any accounts you have on the effective date will not be affected, what you could do is create a few thousand new accounts now with zero opening balances.  That should see you through a few years.  

In QuickBooks desktop, they offer both delete and make inactive.
In QBO, you can make it inactive only but not delete. Seems like it's one less major feature in QBO. This one less feature in QBO could be costly for users.