Intuit pulls QuickBooks from India, uncomfortably quickly

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Intuit pulls QuickBooks from India, uncomfortably quickly
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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.

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