Transfer QuickBooks License
January 13, 2021 at 11:58 am, No comments
Complete Guide to Transfer QuickBooks License to New Owner
Transferring QuickBooks license to new owner is an elaborate topic, but knowing just a little about the QuickBooks license transfer policy can help you better understand the procedure. Transferring the ownership of QuickBooks to a different owner will need registering the product under the new owner’s name.
Unfortunately, as per the Intuit®’s “License Grant and Restrictions” policy, a user is certainly not allowed to transfer the QuickBooks software’s license to virtually any other party. However, in some exceptional cases, when a small business is sold, or donating the license to a non-profit organization, Intuit® allows to take action. Further, in this essay, we now have listed the complete method of transferring your QuickBooks subscription to a different business proprietor. If You want to Learn about How to Transfer QuickBooks License to New Computer then Contact our Proadvisors.
Intuit® License Grant and Restriction Policy Explained
As stated in the QuickBooks End User license agreement, QuickBooks is protected by copyright laws, and a user is only supplied with certain rights to set up and employ the applying. The license agreement also acknowledges the user that the application is not transferable and should not be sold in just about any circumstances. This policy happens to be created in accordance with the country laws, and in the usa only limited forms of businesses are permitted to transfer the license of the accounting software with other business owners.
NOTE: In case if you're trying to find an approach to transfer your QuickBooks License to a different computer then you can certainly follow our article just how to Move QuickBooks Desktop to a brand new Computer.
With what Circumstances Intuit® Allows a User to Transfer the License?
You will find only some conditions where Intuit® allows a user to transfer its QuickBooks Desktop license to a new owner. A user requires filling and sending the “Transfer a License” form that'll be reviewed by Intuit® after submission. When the form gets submitted, you'll get notified regarding the QuickBooks license transfer request through email within 24 to 48 hours.
Following are the circumstances where Intuit® enables you to change the ownership of QuickBooks software:
If a small business is sold to a new owner including, the assets.
In case, a person is donating the software to a non-profit organization.
Incorrect user info is filled through the product registration.
IMPORTANT: You can directly request Intuit® for license transfer by logging directly into your CAMPS account and filling within the QuickBooks Transfer a License Form.
Transferring QuickBooks Subscription to a different user
Condition 1: When a small business is Sold to a New User
In times where a small business is sold to a different user including all the assets then so that you can transfer the license, both the parties are required to submit a completed and signed (TOL) QuickBooks Transfer of License Form. Together with the TOL Intuit® also requires Notarized Bill of Sale to be signed and submitted by both the parties.
Condition 2: As soon as the QuickBooks has been Donated to a Non-Profit Organization
If such instances when a person wants to donate the QuickBooks license to a non-profit organization, intuit® requires such users to submit a completed and signed 501 C Form from the IRS.
Condition 3: Changing Ownership Info when Incorrect Registration Information is filled
There are times when a person accidentally enters incorrect owner information during the product registration process. If this is the outcome, then you need to contact support and provide them a copy of Proof of Purchase to obtain the information changed.
If you are still having some concerns changing the ownership of your QuickBooks Desktop software, then you can reach us at our Desktop Number. Our experts are experienced in working with such issues and that can allow you to transfer QuickBooks license to a new owner in the shortest time possible.