Complete Help Guide To Transfer QuickBooks License to New Owner
Transferring QuickBooks license to new owner is an intricate topic, but knowing a little in regards to the QuickBooks license transfer policy can help you better understand the procedure. Transferring the ownership of QuickBooks to a different owner will require registering this product under the new owner’s name. Unfortunately, as per the Intuit®’s “License Grant and Restrictions” policy, a person is not permitted to transfer the QuickBooks software’s license to your other party. However, in certain exceptional cases, when a business is sold, or donating the license to a non-profit organization, Intuit® allows to do so. Further, in this essay, we have listed the entire way of transferring your QuickBooks subscription to a new company owner.
Need Help Changing the Ownership of one's QuickBooks Software! Call Support Number for General Advice and Guidance
Intuit® License Grant and Restriction Policy Explained
As mentioned within the QuickBooks End User license agreement, QuickBooks is protected by copyright laws, and a user is only provided with certain rights to put in and make use of the application form. The license agreement also acknowledges an individual that the application is certainly not transferable and should not be sold in any circumstances. This policy has been created in accordance with the country laws, as well as in the US only limited forms of businesses are allowed to transfer the license of the accounting software to many other business owners. If You want to Learn about How To Transfer QuickBooks License then call our experts.
NOTE: In case if you should be hunting for an approach to transfer your QuickBooks License to a new computer you'll be able to follow our article just how to Move QuickBooks Desktop to a 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 different owner. A person requires filling and sending the “Transfer a License” form that'll be reviewed by Intuit® after submission. After the form gets submitted, you're getting notified about your QuickBooks license transfer request through email within 24 to 48 hours. Following would be the circumstances where Intuit® enables you to change the ownership of QuickBooks software:
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If a small business is sold to a different owner including, the assets.
In case, a user is donating the software to a non-profit organization.
Incorrect user information is filled through the product registration.
IMPORTANT: You can directly request Intuit® for license transfer by logging in to your CAMPS account and filling within the QuickBooks Transfer a License Form.
Transferring QuickBooks Subscription to a New user
Condition 1: When a company is Sold to a New User
In a situation where a small business is sold to a different user including most of the assets then in order to 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.
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Condition 2: When the QuickBooks is being Donated to a Non-Profit Organization
If such instances when a user 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 user accidentally enters incorrect owner information during the product registration process. Should this be the way it is, then you need to make contact with support and supply them a duplicate of Proof of Purchase to obtain the information changed.
If you are still having some concerns changing the ownership of one's QuickBooks Desktop software, you'll be able to reach us at our Desktop Number. Our experts are experienced in coping with such issues and that can assist you to transfer QuickBooks license to a different owner into the shortest time possible.
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