Walks away from enormous but parochial market, while leaving global development teams in place
The decision comes into effect on January 31 2023, after which QuickBooks products and service offerings for accountancy and small business customers will no longer be available in the world's second most populous country.
"After careful consideration, the decision was made that we can no longer continue to deliver and support QuickBooks products that serve the needs of small businesses and accounting professionals across India," reads aThe company has offered no further explanation for the decision, nor the considerations that informed it.
One customer's tweeted response to the news suggests Intuit may just not have"got" India, as the end of service comes in the middle of a financial year. Majority of the businesses follow April to March year in India. Please consider making your services till at least May 2023 so that businesses can close their books for FY 2022-23.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fire forces houses to be evacuated as blaze threatens streetStapleford fire forces houses to be evacuated as serious blaze threatens street
Read more »
US seeks exascale systems 10 times faster than current kitUS seeks exascale systems 10 times faster than current state-of-the-art computers
Read more »
York Gin distillery raid sees entire stock stolenYork Gin bosses call the theft a 'real kick in the teeth', but vow to quickly replenish stocks.
Read more »
York Gin distillery raid sees entire stock stolenYork Gin bosses call the theft a 'real kick in the teeth', but vow to quickly replenish stocks.
Read more »