Being a QuickBooks Payroll user, it is important to be aware with the QuickBooks Payroll tax tables. To provide the users with the proper knowledge of QuickBooks Payroll tax tables, we have come up with this article. At the end of this article, the reader would be well versed in downloading, installing, and verifying QuickBooks Payroll Tax Table. Therefore, stick to the article until the end.
Before digging in deep and exploring the steps to download, install, and verify QuickBooks Payroll Tax Tables, it is better to understand what it actually means. To define Payroll tax table, it can be stated that it is a chart that characteristic different columns, assisting to find out the apt taxes to be suspended from the employee’s paycheck.
It should be noted that the withholding taxes are generally affected by numerous factors just like, the income sum, the marital status of the worker, and also the payment schedule, just like bi-weekly, monthly, etc.
Important points to remember
Before downloading, installing, and verifying the QB Payroll Tax Table, the user is required to keep in mind certain factors, such as:
The user is required to have an active payroll subscription, if they wish to update the tax table.
It is recommended by Intuit that the user should download the tax table at least within 45 days, or they can update the same every time they make payment to their employees.
Lastly, the user is required to turn on the automatic updates feature in QuickBooks Desktop, if they want to receive the payroll tax table updates automatically, the moment the update releases.
Procedure to download the QuickBooks payroll tax tables updates
Undoubtedly, it is essential to download or install the newest available QuickBooks Payroll Tax Table updates, in order to safeguard that the Payroll has precise information. Being a QuickBooks Payroll user, all you need to do is follow certain steps, and you are good to go.
To begin with, opt for ‘Employees‘ and after that select ‘Get Payroll Updates‘.
Moving forward, the user is required to select ‘Download entire payroll update‘.
Tap on ‘Update‘ button
Once the downloading procedure comes to an end, a pop-up message will appear stating “A new tax table and updates to your payroll tax forms have been installed on your Desktop. Click OK to read about the modification.”
Considering the prompts, hit ‘OK‘ and you are good to go.
Steps to Install a Payroll Tax Table update from a CD (Disk Delivery Service:)
To start with, the user needs to insert the ‘Payroll Update CD‘.
Once done with that, open the ‘Get Payroll Updates‘ option.
QuickBooks Desktop Pro and Premier: The user is required to choose the ‘Employees‘ option and after that the option stating ‘get payroll updates‘.
Moving forward, if the user is prompted to locate the ‘update.dat‘ or ‘data file‘ in the ‘Install Payroll Update window‘, then he/she is required to take the necessary actions and respond to the prompts.
Once you have completed that, tap on ‘Browse‘.
Tap to choose CD drive from the ‘Look in the drop-down arrow‘, in the install from window.
Now, either select the ‘date or update3.dat‘ from the ‘Payroll Update Disk‘ and after that click on ‘Open‘ to proceed.
The next step is to choose between the ‘update.dat or update3.dat‘.
Now, hit the ‘Open‘ option.
After that, the user is required to move on to the ‘Payroll Update Window‘, and then tap on ‘OK‘.
Note: In case the user receives a pop-up message displayed on the screen which says “File Not Found” go through your CD drive by following the below-enumerated steps:
Firstly, the user is required to ‘close‘ the QuickBooks Desktop and after that hit the ‘Start Button‘, once done with that, select ‘My Computer‘.
Moving ahead, right-click the ‘CD drive‘ and after that select the option “If you cannot see the files, test the CD on a second desktop.” In case the files are visible on the second desktop, then there might be some issue with the hardware on the first desktop.
Whereas, if the user is unable to see the file on both the desktops, then he/she is required to order a new payroll update disk.
The user is required to authenticate, in the ‘install confirmation window‘ that the user is installing the accurate location and that the ‘tax table versions‘ in the current and new fields are precise.
The next step is to click when the update is complete, or a message appears stating ‘A new tax table has been installed on your desktop‘.
The next step is to click ‘OK‘ in order to read about the modification.
The last step of the verification process is that in case the tax table version has not modified, a pop up message will appear on the screen stating that “You have successfully installed payroll update”.
How to Download the latest payroll tax table update?
The payroll tax table update will provide the user with the accurate and updated rates and calculations for:
E-file options
Supported provincial and federal tax tables
Payroll tax forms
How to find out the version of QuickBooks?
Included in the new update: July 2018 payroll tax tables updated
Current Version: Version 108
Release date: June 28, 2018
Effective date: July 1, 2018, to December 31, 2018
To check the version of QuickBooks, the user is required to follow the following steps:
The first step is to go to the ‘Employees menu‘ in QuickBooks, after that select the ‘My Payroll Services‘.
In the next step, the user is required to select the ‘Tax table information‘.
The first three number reflects the tax table version in “You are using Tax table version”.
Note: The user should be QuickBooks 2018 or QuickBooks Desktop 2018 or QuickBooks Desktop Enterprise Solution 18.0 to download the tax table update.
Check out the Current and historical TD1, CPP & EI amounts:
TD1 Amounts:
Effective
date
7/1/2018
1/1/2018
7/1/2017
1/1/2017
7/1/2016
1/1/2016
7/01/2015
1/1/2015
Tax
table version #
108
107
106
105
104
103
101
100
TD1 Amounts
Federal
11,809
11,809
11,635
11,635
11,474
11,474
11,327
11,327
AB
18,915
18,915
18,690
18,690
18,451
18,451
18,214
18,214
BC
10,412
10,412
10,208
10,208
10,027
10,027
9,938
9,938
MB
9,382
9,382
9,271
9,271
9,134
9,134
9,134
9,134
NB
10,043
10,043
9,895
9,895
9,758
9,758
9,633
9,633
NL
9,247
9,247
8,978
8,978
8,802
8,802
8,767
8,767
NT
14,492
14,492
14,278
14,278
14,081
14,081
13,900
13,900
NU
13,325
13,325
13,128
13,128
12,947
12,947
12,781
12,781
ON
10,354
10,354
10,171
10,171
10,011
10,011
9,863
9,863
PE
9,160
8,160
8,320
8,000
8,292
7,708
7,708
7,708
QC
15,012
15,012
11,635
11,635
11,550
11,550
11,425
11,425
SK
16,065
16,065
16,065
16,065
15,843
15,843
15,639
15,639
YT
11,809
11,809
11,635
11,635
11,474
11,474
11,327
11,327
ZZ (employees outside Canada)
0
0
0
0
0
0
0
0
Canada Pension Plan (CPP)
Effective
date
7/1/2018
1/1/2018
7/1/2017
1/1/2017
7/1/2016
1/1/2016
7/01/2015
1/1/2015
Tax
table version #
108
107
106
105
104
103
101
100
Canada Pension Plan (CPP) – outside Québec
Maximum Pensionable Earnings
55,900
55,900
55,300
55,300
54,900
54,900
53,600
53,600
Basic Exemption
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Contribution Rate
4.95%
4.95%
4.95%
4.95%
4.95%
4.95%
4.95%
4.95%
Maximum Contribution (EE)
2,593.80
2,593.80
2,564.10
2,564.10
2,544.30
2,544.30
2,479.95
2,479.95
Maximum Contribution (ER)
2,593.80
2,593.80
2,564.10
2,564.10
2,544.30
2,544.30
2,479.95
2,479.95
EI amounts:
Employment
Insurance (EI) – outside Québec
Maximum Insurable Earnings
51,700
51,700
51,300
51,300
50,800
50,800
49,500
49,500
Premium EI Rate (EE)
1.66%
1.66%
1.63%
1.63%
1.88%
1.88%
1.88%
1.88%
Premium EI Rate (ER) (1.4*EE)
2.62%
2.62%
2.62%
2.62%
2.62%
2.62%
2.62%
2.62%
Maximum Premium (EE)
858.22
858.22
836.19
836.19
955.04
955.04
930.60
930.60
Maximum Premium (ER) (1.4*EE)
1,201.51
1,201.51
1,170.67
1,170.67
1,337.06
1,337.06
1,302.84
1,302.84
Québec Pension Plan (QPP)
Maximum Pensionable Earnings
55,900
55,900
55,300
55,300
54,900
54,900
53,600
53,600
Basic Exemption
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Contribution Rate
5.40%
5.40%
5.40%
5.40%
5.33%
5.33%
5.25%
5.25%
Maximum Contribution (EE)
2,829.60
2,829.60
2,797.20
2,797.20
2,737.05
2,737.05
2,630.25
2,630.25
Maximum Contribution (ER)
2,829.60
2,829.60
2,797.20
2,797.20
2,737.05
2,737.05
2,630.25
2,630.25
Employment Insurance (EI) – Québec only
Maximum Insurable Earnings
51,700
51,700
51,300
51,300
50,800
50,800
49,500
49,500
Premium EI Rate (EE)
1.30%
1.30%
1.27%
1.27%
1.52%
1.52%
1.54%
1.54%
Premium EI Rate (ER) (1.4*EE)
1.820%
1.820%
1.778%
1.778%
2.13%
2.13%
2.16%
2.16%
Maximum Premium (EE)
672.10
672.10
651.51
651.51
772.16
772.16
762.30
762.30
Maximum Premium (ER) (1.4*EE)
940.94
940.94
912.11
912.11
1,081.02
1,081.02
1,067.22
1,067.22
Québec Parental Insurance Plan (QPIP)
Maximum Insurable Earnings
74,000
74,000
72,500
72,500
71,500
71,500
70,000
70,000
Contribution Rate (EE)
0.548%
0.548%
0.548%
0.548%
0.548%
0.548%
0.559%
0.559%
Contribution Rate (ER) (1.4*EE)
0.767%
0.767%
0.767%
0.767%
0.770%
0.770%
0.782%
0.782%
Maximum Contribution (EE)
405.52
405.52
397.30
397.3
391.82
391.82
391.30
391.30
Maximum Contribution (ER) (1.4*EE)
567.58
567.58
556.08
556.08
548.81
548.81
547.40
547.40
Commission des normes du travail (CNT)
Maximum earnings subject to CNT
74,000
74,000
72,500
72,500
71,500
71,500
70,000
70,000
Fix QuickBooks Payroll update issues:
If the TD1 amounts are not updated even after installing the latest tax table update, the user is required to perform the following checks:
The user is required to ‘confirm the tax table effective date‘, whether it is on or after the date.
After downloading the product update that contains the new tax tables, the user is required to start with payroll, or open and close the QuickBooks Desktop for the TD1 amounts to update.
If in case the user has ever manually updated the TD1 amounts for an employee, the new tax table would not dominate any previously adjusted amounts.
Employees set up over the basic TD1 amounts? ‘Yes‘, or ‘No‘
The reason is that the QuickBooks Desktop will update TD1 amounts on its own, only for the employees with the basic amounts for the previous tax tables.
Payroll tax
table is now out of date: One of the most commonly encountered error
When the user opens the payroll tax table on the computer, he/she might encounter the pop-up stating the Payroll tax table is now out of date. It should be noted that any of the calculations that the users perform using this tax table will be either zero or will show as $0.00. There can be various reasons behind this error, a few of which are listed below:
The very first reason can be that the QuickBooks Desktop is not updated to the latest payroll tax table release.
The last reason can be that not all the versions of QuickBooks located within the network might have been updated to the latest tax table.
How to rectify this commonly encountered error?
The very first thing is to analyze the QuickBooks Desktop and check whether it is using the latest product update or not. The next step is to check whether all the versions are located on the network or not, especially in the case you have the multi-user network.
The next thing the user has to do is to equate the product release number of the currently installed product with the product update page at the time when the user is working in QuickBooks. After that, the user is required to press F2 key to view the release reference number.
Lastly, if the user hasn’t updated its product to the latest release, it would be better to update it first, in order to resolve the error. The user can get rid of the error and backup the file first, by clean uninstall and reinstall of QuickBooks Desktop.
We conclude this article, with the hope that it might help you to download the latest QuickBooks Payroll tax table and also get a better insight into the same. After reading this article, you might be able to deal with the errors that you may stumble upon and many other related information. However, in case of any difficulty, our QuickBooks support team is there to guide you. You can consult our team of experts at our toll-free number .i.e. +1-844-499-6700.
Some FAQs Related to QuickBooks payroll tax tables
How do I update my QuickBooks payroll tax tables to ensure accurate tax calculations?
To update your QuickBooks payroll tax tables, simply navigate to the “Employees” menu, select “Get Payroll Updates,” and follow the prompts. Regularly updating your tax tables ensures that you are using the most current tax rates and calculations, allowing for accurate payroll processing. Don’t forget to keep an eye on tax-related news and announcements to stay informed about changes to tax laws.
What if I encounter issues while updating my QuickBooks payroll tax tables?
If you experience any difficulties or have questions while updating your payroll tax tables, don’t hesitate to reach out to our expert support team at our toll-free number +1-844-499-6700. We are available to assist you and ensure that your payroll tax tables are up-to-date and functioning correctly.
Can I manually edit the payroll tax tables in QuickBooks?
QuickBooks payroll tax tables are designed to be automatically updated through the “Get Payroll Updates” feature. However, if you need to make manual adjustments, we recommend consulting with a tax professional or contacting our support team for guidance. Making manual changes without proper knowledge can result in inaccurate payroll calculations and potential compliance issues.
How often should I update my payroll tax tables in QuickBooks?
It’s essential to update your QuickBooks payroll tax tables at least once every 45 days to ensure the most accurate tax calculations for your employees. Keep in mind that tax rates and regulations can change frequently, so staying updated is crucial for maintaining compliance and avoiding potential penalties.
How can I verify that my QuickBooks payroll tax tables are up-to-date?
To confirm that your QuickBooks payroll tax tables are current, navigate to the “Employees” menu, select “Get Payroll Updates,” and check the “You are using tax table version” section. The displayed version should be the most recent one available. If you’re unsure whether you have the latest tax table version, feel free to contact our support team at our toll-free number +1-844-499-6700, and we’ll be happy to assist you.
QuickBooks is the world’s leading accounting & bookkeeping application for your business because it offers wide range of product as well as services. This financial software is seamless for every category of industry and each & every sort of task. This accounting software can almost do whatsoever associated with financial management and make your tax season easier.
As tax season is coming up, it is time to bring all the financial documents together. Being an entrepreneur or a business owner, this period is very hectic and tedious, if you don’t have QuickBooks financial application. Once you will purchase this accounting application for whole year, this will simply mean that you will no longer need to rush through gathering financial documents and end up with missed assets & deductions.
Having clean books and easy to understand financial statements, will lower your tax preparation costs and will give you much clearer understanding of the tax situation, not to mention the ability to plan and avoid surprises down the line. Through this post we have presented you benefits of QuickBooks accounting software which make your tax season easier.
Your Choices of Accounting Software Which is Suitable for your Business
QuickBooks Pro:
QB Desktop Pro also has fantastic attributes in it. It is the very best small business accounting software. QuickBooks Pro reveals you exactly where your organisation stands financially and far more. With the help of QuickBooks Pro software, you can manage your day-to-day tasks swiftly and efficiently.
QuickBooks Enterprise:
QuickBooks accounting software has actually included several versions, however a couple of are incredibly popular than other versions. For example, QuickBooks Enterprise solutions provides you 3 options:
Silver
Gold
And platinum edition.
QuickBooks Enterprise is a more powerful version as it can track all your accounting details, inventory items, vendors and much more.
QuickBooks silver edition has several powerful attributes.
The QuickBooks gold edition has everything consisted of in silver, plus improved payroll.
QuickBooks platinum version includes everything that the silver and also gold include, with a few bonus. As an example, it additionally comes with advanced inventory and also pricing.
QuickBooks Accounting Solutions – That Collects all Your Data
This software aids you arrange everything in one location. You do not need to fret to collect all your budget reports, financial records, and invoices. Consequently, the software is easier for you to access and even more user-friendly. You can deal with all your costs by tracking and paying expenses via the software.
It additionally offers you the option to sync with your online banking right to QuickBooks. The attribute called “Income Tracker” will aid you to produce a transaction record for your whole year or details duration. You will get automatic reports that you can select to personalize and also schedule. Obtaining reports and also solutions have never ever been simpler.
Eliminate Ghost Assets
A ghost asset is a fixed asset in general ledger which cannot be accounted because it is physically missing or rendered unusable. Not properly recording these collapses could lead to negative results in your taxes. QuickBooks accounting and inventory management software helps in avoiding these ghost assets.
This accounting software comes with tools which help in tracking your inventory along with advanced inventory tracking and inventory reporting. This report shows your company’s assets and helps calculate your COGs for the year, which you need to know for certain tax forms. Also you can customize these reports to include assembly summary, valuation summary and inventory reporting.
Don’t Forget Deductions
You may know a few deductions but less you remember you
could forget some which may have an impact on your taxes. Government uses these
deductions as a solution to encourage spending in places that they want you to.
Example of possible tax deductions includes the use of the contract labor,
vehicle expenses and then rental of business property, utilities, supplies and
more. It’s sad but many business owners forget about certain deductions,
resulting in less tax breaks than they deserve.
QuickBooks software can help you track your business with a click of a button. Reports containing information will now be easy to use and organized by category. The income-related transactions. By managing deductions you can ensure minimum mistakes and help maximize either many back or less money to pay.
QuickBooks accounting software offers many great choices but
some are more popular than others. For example, Enterprise version offers you
three options: silver, gold and platinum. It is the top-notch solution to track
all your customers, vendors, inventory items and much more.
Platinum edition includes every feature of silver and gold
including enhanced payroll, advanced inventory and pricing.
For small businesses, Desktop Pro is considered the best accounting software. It is true software showing exactly showing where your business stands financially and much more. It also helps in daily tasks efficiently and quickly. Desktop Pro Plus has the entire feature which Desktop Pro has plus some added specific features to complete daily business chores.
Organize all your data with the help of QuickBooks software
This software helps you in collect everything in one place. With QuickBooks you don’t have to worry to collect all your expense reports, receipts and financial records. This software is very to access and user-friendly. You can handle everything through the software like all your expenses by paying and tracking bills. It gives you an option to sync with your online baking straight to QuickBooks.
The tracker of income feature will help you create a transaction report for your entire year or for a specific year (based on your choice). You can choose customize and schedule feature to receive your automated reports. Easy way to get reports and answer is QuickBooks.
One of the most important aspects of using QuickBooks accounting software is that data loss can never happen, it automatically saves a backup of your company file in the main server, in case the software crashes. Just think of it that your company file is in wrong hands by accident, it can jeopardize all your business efforts. The abundance of confidential data, such as financial balance, account numbers, social security and employer identification numbers will be at huge risks.
Business owners must consider such accounting software which can describe security features in detail such as malware technology, anti-spyware and firewall protection.
Conclusion
I hope you found this information helpful for make your tax season easier. If you have any questions regarding make your tax season easier or need further information, you can simply dial our QuickBooks technical help service number .i.e ++1-844-499-6700. Our Intuit Certified ProAdvisors will look forward to your concerns and provide you a feasible solution for your queries.
FAQs
Can I use QuickBooks for tax return?
In case you use QuickBooks Self-Employed to track expenses, sort them, and record your income, filling out your tax return becomes easy. All you need to do is download your Tax Summary and use it to complete your Self Assessment
What functions does QuickBooks have for tax?
QuickBooks can automatically perform the sales tax calculations on invoices and receipts for easy and accurate filings. Then, it lets you know when your tax payment is due, so you can file on time and avoid extra fees.
How to use QuickBooks desktop for taxes?
To use the QuickBooks desktop for taxes, the user can use the steps below and add sales tax item and rate. 1. At first, head to the list menu and then choose the item list 2. After that, select new and open the new item window 3. The user is then required to select the sales tax item 4. Now, enter a sales tax name 5. After that enter a description 6. Also, enter the sales tax rate or dollar amount
How to run a tax report in QuickBooks online?
For this, you simply need to perform the steps below: 1. The first step is to head to the business overview and then choose reports 2. Now, in the find report by name field, look for sales tax liability report 3. The user needs to choose the report period dropdown 4. After that choose the tax agency dropdown 5. Now, select run report 6. And then, look at the tax amount column
Being an entrepreneur, “What’s best for your business: Bookkeeping services or Bookkeeping employees” question might have troubled you at least once in the entire working process. QuickBooks users at least once look for the answer to this question. Understanding the need of the hour, we have come up with this article, where you will get all the answer to your questions.
Difference b/w Bookkeeping Services and Bookkeeping Employees
Bookkeeping is basically a part of the accounting process that involves recording of the financial transactions. The transaction is all about purchase, sales, receipts and payments to be made by organizations or individuals. With the advancement in technology, today bookkeeping services are offered by software. However, it is always a debatable topic that whether Bookkeeping services are better for business or bookkeeping employees.
Entrepreneurs have to ensure that proper processing and assessing is being done, and also the finances are handled in the right way and more. But all these tasks are pretty cumbersome and time consuming. And this is why businesses look for ways to handle all these tasks.
If you want to know the answer to this question, then stick to the article till the end. However, for more details, you can get in touch with our accounting help team via our toll-free number i.e. +1-844-499-6700.
In order to decide from the two options, it is important to first get familiar with the perks of each of the options. Thus, following are the benefits of bookkeeping services:
Cover diverse aspects of financial management
One of the major benefits of availing bookkeeping services is that the professionals who offer these services conduct verification of data, analyse the accounts, perform audits, and accordingly caters a financial report. Not only this, but they also make the income statements, tax return records as well as maintain the balance sheets. The best part is that all the analysis that they offer give an insight of the business trends, growth opportunities as well as cash flow management strategies, which makes Bookkeeping Services beneficial for the businesses.
Reduced risk of errors and omissions
Coming to the next perk of bookkeeping services, it reduces the risk of errors and omissions. The bookkeeping service providers are known to handle the rebates, the gross amount of sale, net sale amount as well as other financial transactions. In simple words they are the ones who decide how to handle transactions and bookkeeping activities without any kind of errors, which makes it a good option for the businesses.
Cost-effective
The issue of overhead costs is one of the major concerns of majority of businesses. Apart from this, it is offering the base salary and there are many additional costs incurred by the employers on hiring employee which consists of payroll taxes, medical benefits, sick days, retirement plans, screening interviews and more. All these extra costs can be avoided by availing bookkeeping services as they aren’t very expensive as they seem to be. Thus, the entrepreneurs consider Bookkeeping services beneficial in terms of cost effectiveness.
Now that we have explored the benefits of Bookkeeping services, we will now check out the benefits of bookkeeping employees.
Daily Transaction Records
One of the most compelling benefits of having bookkeeping employee is that he/she keeps record of the day to day transactions. The Bookkeeping employee maintains purchases, payments, sales and receipts through a general ledger. They also use certain software to keep track of credits as well as debits. Moreover, they also make a trial balance which makes tracking of cash flow much easier. All this adds to the pointers to opt for Bookkeeping employees.
Easy Data generation of organization’s financial activities
Bookkeeping employees generate data of the company’s financial activities on a daily basis and in the long term this data turns into information that helps in handling the financial issues of the company. The data also assists the entrepreneurs in avoiding unnecessary expenditure and ultimately this leads to lesser chances of missing on bills or payments.
Easy Follow-up
Another benefits that adds to the list is that opting for bookkeeping employees makes it very easy for the entrepreneurs to keep a check on the performance of the bookkeeping employees and also follow-up with them. This actually induces more productivity as you can get the work done as per your requirement.
Here is a table to compare the differences between bookkeeping services and bookkeeping employees:
Factor
Bookkeeping Services
Bookkeeping Employees
Definition
Outsourced services provided by professional bookkeepers.
In-house bookkeepers who are employed by a company.
Cost
Typically, more expensive than hiring an employee, but can save money in the long run.
Generally, less expensive than outsourcing, but can be more expensive in the long run due to benefits, taxes, and training costs.
Experience and Expertise
Bookkeeping services are typically provided by experienced professionals who have expertise in various accounting software and techniques.
Bookkeeping employees may have less experience and may need training to keep up with changes in accounting practices and software.
Flexibility
Bookkeeping services offer a high degree of flexibility, as they can be scaled up or down to meet changing business needs.
Bookkeeping employees may not be as flexible, as their workload and responsibilities are tied to the company.
Availability
Bookkeeping services are generally available 24/7 and can be accessed from anywhere with an internet connection.
Bookkeeping employees may have limited availability, as they may only be available during regular business hours.
Data Security
Bookkeeping services typically have robust data security measures in place to protect client information.
Bookkeeping employees may not have the same level of security measures, as they may not have access to the same resources as professional bookkeeping services.
This table provides a general comparison between bookkeeping services and bookkeeping employees. The best choice for a company depends on a number of factors, including cost, experience, flexibility, availability, and data security.
Disadvantages of Bookkeeping Services
Now that we have explored a lot about the perks of both the options, it is better to get familiar with the negatives as well. The negatives of Bookkeeping Services include the following:
Inaccurate/late financial report
When the users avail bookkeeping services, at times there are chances of meaningless or incorrect accounting or bookkeeping reports. This can affect the functioning of the business and that’s why many businesses prefer in-house bookkeepers as they work with dedication.
Follow-up regularly
Even the idea of hiring bookkeeping services seem to be an easy solution, at times it becomes quite difficult as you do not get them in-person. This makes the task of tracking their work and follow-ups pretty difficult.
Disadvantages of Bookkeeping Employees
Limitations Ahead:
Even though the in-house bookkeepers may be very efficient in maintaining the finances and transactions but they often lack expertise in various other aspects. However, the bookkeeping service providers have a big team where each professionals have expertise in different niche and this makes the work a lot easier.
Distraction from Core duty:
It has been often noticed that in many businesses the bookkeeping employees are provided with additional responsibilities like human resource and this distracts them from the main work. This eventually affects the task of bookkeeping and for which organizations have to face many hassles.
As we have given a proper insight about the pros and cons of both bookkeeping services and bookkeeping employees, now making the right decision for your business falls on your part. The decision largely depends on the type and need of the business. Thus, before you jump on to any conclusion, first analyze the requirements of your business. The in-house bookkeeper is a great option for small business, but if you are a bigger organization and in a tight budget then bookkeeping service is the perfect option for you. Choose wisely so that your financial transactions are sorted.
For any doubts and queries or if you are still unable to decide which option to opt for, then connect with us and our experts will be ever ready to help you. Dial toll-free number i.e. +1-844-499-6700 to communicate with our accounting experts and Certified ProAdvisors. And we will be there to assist you in a single call.
Technology is changing at a very fast speed. What we considered as next-gen thing and technology just a couple of years ago are already outdated. Luckily, the frequently changing technology scene seems to be in our favor.
One software that has registered massive growths in both reaching more customers and excellence is QuickBooks. It comes with multiple benefits that significantly contribute to the growth of business owners.
However, if you are looking for a quick resolution of this error or you want to speak with certified QuickBooks technical support ProAdvisors you can dial our toll-free number i.e. +1-844-499-6700. We will be more happy to help you out in this matter.
Understand these facts before you choose an online accounting software for your business
The various versions and features of QuickBooks have proved to be instrumental in the success of millions of business personnel all across the globe. If you are starting a business, it’s necessary for you to know what an accounting software do for you. Learning how a software can help you run your business can be helpful for you in multiple ways.
There is no denying that the internet is loaded with hundreds of accounting software and other gizmos, and choosing one that suits your requirements can be challenging. And that’s why to extricate you from a situation like that we have created this blog post. After you read this, you will be familiar with some of QuickBooks most useful features and advantages, and you will be able to reach the conclusion if it’s going to be instrumental for you not.
Useful tips to choose the right accounting software for your business
The reviews of different websites, as well as innovative advertisement, may lure you into buying them. But not all reviews and advertisements are based on true experiences. By being a little cautious you can save yourself from being tricked.
If you listen to business owners and accounting experts, QuickBooks accounting software is totally worth your money. The software is particularly accommodating for small and mid-sized businesses. It can multitask for you, help you save money and time that you can use in further expanding your business and achieving new business goals.
Some of the major issues that an organization may face are bookkeeping, accounting, and preparing taxes. QuickBooks does that all for you. The software is available online and is easy to install and use (See – how to setup and install QuickBooks desktop).
Since the makers of QuickBooks keep introducing new features and tools in the software, it’s necessary to purchase the most updated version. If you still not sure if you should embrace QuickBooks or you need to know about the robust software, you can read on and you will have your reasons.
Further in this article, we are going to discuss various QuickBooks desktop editions and their major features.
QuickBooks Basic and Pro
QuickBooks Basic, also called QuickBooks Simple Start, is designed and recommended for beginners who own small business. This edition of QuickBooks supports one user at a time. For multi-license, small business owners can upgrade to QuickBooks Pro. You can speak to our QuickBooks Pro support if you wish to upgrade or require any assistance.
QuickBooks Online
This edition enables up to 3 users to use QuickBooks at the same time. The advantages of QuickBooks Online include automatic invoicing, entering invoices, and protecting crucial data. This is an appropriate version of the accounting software for small companies who want to be more productive and keep their data safe at the same time. For any query or assistance, you can contact our QuickBooks Online Support team anytime.
QuickBooks Retail: Point of Sale
QuickBooks Point of Sale is an advanced edition that can be installed on a PC and can be functioned as a cash register. For query or assistance in regards to this advanced edition, you can speak to our QuickBooks Point of Sale Support team.
QuickBooks Premier
QuickBooks Premier is an advanced edition of the accounting software that can be used by a maximum of five users at a time. It enables you to create Inventories, bills of material, industry-specific reports, business plan, and email orders. In case you have any query or you need any assistance, you can contact our QuickBooks premier technical support team.
Points to consider while choosing QuickBooks Accounting Software
Before learning about the major benefits of QuickBooks accounting software, it is imperative to acquire some knowledge required to choose the right QuickBooks edition.
Firstly, what you require to comprehend is the long-term and short-term requirements of your organization. Once you know what your business may require, you can pick the right and appropriate QuickBooks edition. The software is available on the internet. You may also receive, along with the details of the QuickBooks version you wish to buy, many other contemporary things but make sure you only purchase the necessary products.
You must also ensure the vendor as well as employment stability. This step will provide you with some clarifications for the right accounting software.
It’s necessary for you to know what your business may require and what can be useful for you. You must not be dependable on your vendors to take decisions for you.
Some good to know features of QuickBooks
There might be significant differences between versions of QuickBooks accounting software. Additional features and advanced tools may add up to the price of the software.
A great way to know the worth of this product is calculating the time it may take to complete a particular task. Next, find out the cost and time of labor that may be required to perform the same task. Check yourself how useful QuickBooks can be for you.
SAAS vs. Desktop
SAAS, or software as a service, is for businesses who wish to do experiments with new brands and products. While Desktop products are for business owners who want to make a one-time investment and use the software forever.
Future Aspects
QuickBooks is a robust software and picking the right version can do wonders for your organization. This online software can assist you to multitask if you are starting your business or just started your business. Once you start achieving growth, you can also invest in better QB products with advanced features and tools. These products may be a little pricier but will prove to be a deal in long term.
QuickBooks strengthens businesses of different sizes and sorts. Whether you require multiple employees to operate your business or you have your business at more than one location, QuickBooks accounting software can provide you with various bookkeeping and accounting solutions.
Advantages of QuickBooks Over Other Accounting Softwares:
Feature / Advantage
QuickBooks
Competing Accounting Software
User Experience
Intuitive interface, easy to learn and navigate, well-designed layout, and user-friendly dashboard.
May vary by software, with some having more complex or less user-friendly interfaces.
Integration
Seamless integration with a wide range of third-party apps and services, such as payroll, e-commerce, and CRM.
Varies by software; may have fewer integrations or less seamless connectivity.
Customer Support
Extensive customer support, including phone, email, live chat, and an extensive online help center.
Customer support options and quality may vary.
Customization
Highly customizable reports, invoices, and templates that can be tailored to fit the needs of various industries.
Customization options may be limited or less robust.
Scalability
Offers various plans and pricing options, catering to businesses of all sizes, from self-employed to enterprises.
May have fewer pricing tiers or less scalability for growing businesses.
Cloud-based Solutions
Access to cloud-based versions (QuickBooks Online) for real-time data access and collaboration from any device.
Some competitors may not offer cloud-based solutions, or their offerings may be limited.
Inventory Management
Comprehensive inventory tracking and management features, including multiple locations and low stock alerts.
Inventory management capabilities may be limited or not as comprehensive.
Payroll Processing
Integrated payroll processing options that can streamline payroll and taxes for both employees and contractors.
May require third-party integration or may not offer as seamless a payroll experience.
Mobile App
Offers a robust mobile app for iOS and Android, allowing access to key features on the go.
Mobile app functionality may be limited or nonexistent for some competing software.
Bank Reconciliation
Easy and efficient bank reconciliation process with automated transaction matching and categorization.
Bank reconciliation may be more manual or less efficient in competing software.
Tax Preparation
Built-in tax preparation and filing tools, making it easier to file taxes and stay compliant.
Tax tools may not be as comprehensive or may require additional integrations.
Multi-currency Support
Supports multiple currencies for international transactions and accounting, with automatic exchange rate updates.
Multi-currency support may be limited or less user-friendly in competing software.
Reporting & Analytics
Offers a wide range of built-in, customizable reports for financial insights and analysis.
Reporting options may be more limited or less customizable in competing software.
Ecosystem
Large and active community of users, developers, and third-party apps, ensuring continuous improvement.
Competing software may have smaller ecosystems or less active communities.
*Please note that the comparison may vary depending on the specific accounting software being compared. It’s important to research and compare different software options to choose the one that best fits your business needs.
What you should know before buying QuickBooks
You might not possess significant knowledge of various online accounting software available in the market if you just have started a business. There are a few things you must keep into consideration before making any purchase.
Check the features of the software you are considering to purchase. The internet is loaded with accounting software with a plethora of features. But beware, not any seller selling them can be trusted. Always check if the website selling them is authentic before you give out your card details.
Have a look at the features of the software and make a note of them. Also, make sure that they are easy to use. The process of using the software must not be complicated. That should be user-friendly so that you can use even without proper training.
Ensure that the software is compatible with the system you use.
The software must be budget friendly and offer you all those features that are you require.
Why to choose QuickBooks accounting software?
QuickBooks is trusted by millions of business owners all around the world. It comes with an abundance of useful features and tools and is also very user-friendly.
QuickBooks can significantly contribute to the growth and finical profit of your organization.
Business owners using QuickBooks accounting software have reported major growths in the profit of their organization.
QuickBooks fixes one of the major causes of clashes between employees and employers which is the payroll issue this software can help you deal with the event most of the complicated payroll problems with ease.
Along with its user-friendliness, QuickBooks is also known for its flexibility. It helps people to take care of the production of the firm.
Another reason you can pick QuickBooks about others is its accessibility. A user can access his account from anywhere QuickBooks hosting. Also, this software and its features are compatible with all sorts of devices.
If just are running a company, chances are that you would have some loans. QuickBooks can help you with loan formalities as well as it can assist you with tax preparations.
Features and advantages of QuickBooks desktop 2019
Below are the features and advantages of QuickBooks desktop 2019 that can help you manage and run your business with ease:
Invoice Customers:
You can send bills to your clients or customers using the useful tool. It’s a list of products and services and the costs that your customers receive from you. It makes the process of billing your customers simple and increases your cash flow.
Control Cash Flow:
This tool enables you to track and manage cash flow. This accounting software can replace online banking. I mean, why spend time login to your bank account when you can do that while you are using QuickBooks? Make sure that you keep your QuickBooks file updated. Next, by shaping the break-even point, you can handle your cash flow. And use cash flow worksheet and other methods to control your cash flow.
Manage Bills and Account Payables:
QuickBooks helps you keep your vendors, suppliers and other affiliates pleased through its “enter bills and pay bills” functions. These functions are simple and take almost no time. You can pay your dues and print checks to eradicate redundant data entry and enhance your productivity.
These are transaction templates used to speed up data entry. This can be used to fill transactions on the regular or predictable basis. It consists of invoice bills, bookkeeping, and payments. This is used for boosting efficiency and saving time.
Journal entries:
Journal entry is a record to keep accounting transactions in order. It is required to fix issues or to create year-end entries as per your CPA to match with your tax return. It is more significant in “accounting” and it’s advisable to be familiar with it.
Online Banking:
Online baking through setting up QuickBooks account can reduce unnecessary loads of data entry. Data with almost all the major banks can be downloaded in QuickBooks.
With this feature, you can keep up with updated cash flow and enhance your efficiency. A check would never clear until the approval of the concerned person is obtained and it makes it necessary for you to concede cash flow analysis. This feature also removes redundant data entry.
The Payroll Management:
This feature is vital. It assists you to make payments to your employees in a systematic manner and reduces the chances of errors. You can also outsource your payroll. Make sure that the outsourced payroll is recorded appropriately. Also, many organizations provide files that can be easily imported to your payroll data in QuickBooks accounting software. Since you will have one less liability to worry about, you can focus your energy on other responsibilities and e more productive.
Financial Reporting:
This is an important part of the bookkeeping process. If financial reports aren’t properly analyzed, your bookkeeping can’t perform to the fullest.
Custom Importing:
If you are a QuickBooks user, you enjoy import capabilities just as your financial institution. You can make use of ‘CS V’ converter to QuickBooks in order to make your data importable. However, you may be required to seek developer data in order to create IIF files.
The startup scene is booming worldwide. More new startups are making profits using advanced tools and technologies. If you too have started a new business you can turn that into something big. However, you must be prepared to face and handle some issues and technicalities that your business may face. It’s understood that no one can be an expert in every field of business. But employing right sources and investing in right software and tools can help you manage your business. QuickBooks is one such accounting software that can help you make the most of your opportunities.
Enjoy an excellent accounting experience with QuickBooks
Bookkeeping and accounting are considered among the most complicated tasks a business owner has to handle. QuickBooks takes care of these as well as other features with ease. Let’s say you started a business but you already have years of experience working in the same industry and you know people who own different organizations.
It’s expected that you will have enough knowledge of how a business works. You know how business owners face their financial situations and how they collect funds to sustain their organization. It’s an uphill talk to manage different things in the initial stage of your business.
Handle your financial situations with QuickBooks
As per the reports, one-third of new setups and small businesses face financial problems within their first couple of years? Now, you may be wondering how you could manage your business.
Also, handling finance isn’t the only task you are required to run your business smoothly. Knowing where, how and when to make investments before you start your business can be useful.
Managing financial activity is another trait to grow a business. Manage your finances right to achieve business growth.
Not many first-time business owners have enough knowledge of managing finances. It’s not about the amount of money on owns but to understand how to manage that.
Start your new business using the right version of QuickBooks
Making partnership with financial experts is necessary for the growth of your business. You can also pick the finest accounting tool for the growth of your business and updated that as your business grows. As per the data of makers of QuickBooks –Intuit, almost seventy percent of new business buy accounting payroll or HR services in the earliest years of businesses.
QuickBooks is created to provide required assistance that ranges from managing accounts to preparing taxes for small businesses.
Along with QuickBooks, Intuit has also developed several other amazing software to help small businesses grow. Just the previous year intuit launched OWN IT Network, an online community of small business owners who help each other achieve business excellence and growth. Also, the company has created a free tool to educate business owners on how to start successful businesses.
Software excels
This software is examining your company methods and also allowing you promptly determine how much money streams through your operation. When an application manages all the transactions, it has huge data at its disposal to produce numerous reports.
You can promptly see exactly how your income is isolated amongst numerous functioning expenses.You can easily determine your bottom line extra effectively and also track which part of the nation generate the most rate of interest from customers. These reporting alternatives are practically unlimited depending, on the types of software you make use of to provide information.
Winding Up
QuickBooks has been proving itself as useful accounting software for years and it’s being admired and adopted by business owners. Among the various software available online this certainly has emerged as one of the most favorable. You can certainly invest n QuickBooks. If you need assistance in choosing the right QuickBooks edition, want to know how you can make the most of it, or face any sort of issue while using it, you can contact us at out toll-free ++1-844-499-6700. Our Intuit certified ProAdvisors are readily available to re-sort your problems in no time.
Thanks for visiting Pro Accountant Advisor, we welcome you to visit here anytime if you have any questions related to accounting or bookkeeping. We request you to consult with our certified ProAdvisors if any accounting related concern troubling you.
Checkout the Latest features of QuickBooks Desktop 2018
With the most recent QuickBooks version out in the market, you could be confused that you ought to upgrade to the most up to date version or not. In this article, we will have a quick glance of numerous benefits of using QuickBooks Desktop 2018 for different sectors.
Intuit has revealed the new and updated features for QuickBooks Desktop 2018. All the updated options are available on QuickBooks Pro, Premier, Accountant 2018 and Enterprise 18.0. The new QuickBooks desktop is the perfect Christmas gift for all users. This software concentrates on new and enhanced features that aid accounting professionals and their customers complete tasks with less effort.
The new software comes with a lot of upgrades in the existing features and in this article we are going to tell you all about the new and improved features in QuickBooks Desktop 2018.
QuickBooks Desktop 2018 version is available for business owners and professionals to use and meet their business goals. Like always, the new version consists of various advanced features. So, here in this article we will discuss about the latest and improved features of QuickBooks Desktop 2018. Also you will see what benefits you will get after upgrading the QB desktop 2018 edition.
QuickBooks Desktop 2018 Features Available for Windows OS
Below we have listed those new features which are offered in all Windows variation QuickBooks Desktop 2018.
Multi-Monitor Support
Level 3 data in QuickBooks Payroll
Stay logged in preference
Secure E-mail Support
Changes for QuickBooks Add-ons
Payroll reminder badge in QuickBooks Payroll 2018
Additional columns for inventory
Search in the Chart of Accounts
Internet Explorer Support
Copy/Paste line item shortcut
Cash/Accrual Toggle on Reports
Valuation summary and inventory stock status reports
Mobile inventory scanner support (QuickBooks Enterprise
Accountant and Enterprise Platinum Editions only)
Enhanced sales order fulfillment with android app
(QuickBooks Enterprise Accountant and Enterprise Platinum Editions only)
Added feature of Mobile Barcode Scanning for Order fulfillment in QuickBooks Enterprise 2018
Available only to US users this is a new additional feature by Intuit in the updated version of the software.
It enables users to work with remote devices like bar-code scanner and connect them easily to the desktop or a laptop.
New Security features in all QuickBooks 2018 Edition
Security is one of the most important things to keep in mind while dealing with company files, information and important data. Thus, Intuit has updated the security features in all editions of QuickBooks 2018 as an added enhancement from their previous years QuickBooks Desktop Security Updated Hullaballoo.
More on PII Encryption
Unlike in the previous software the new QuickBooks Desktop 2018 comes with the feature of personally identifiable information (PII) that can be encrypted as well.
Security on Web Mail
Now save on work integrity with Intuit’s new feature that enables QuickBooks to securely work with web mail accounts.
Latest version of Internet Explorer
For all users of the latest QuickBooks Desktop 2018, it is mandatory to use the most recent version of Internet Explorer for smooth functioning of all the features.
Changing QuickBooks Add-ons
In the previous versions of QuickBooks any third party app working with QuickBooks in the background had to change preference setting to keep the working connectivity with QuickBooks.
The newer version absolutely relieves you of such additional efforts.
Easy Payroll reminder in QuickBooks Payroll 2018
Reminding users for any upcoming payroll deadlines, the QuickBooks Payroll 2018 has the new and improved Payroll Reminder Badge feature.
Level 3 Data for QuickBooks Payroll user
This new feature in QuickBooks desktoop 2018 enables users with commercial credit cards to access level 3 data. It helps customers to trust and thus release fund easily.
Recent Changes, Improvements and Fixes in QuickBooks Desktop 2018
QuickBooks Desktop 2018 concentrates on new and enhanced features that assist accounting professionals as well as their clients total tasks with less effort. Understand the new and improved features:
Multi Monitor Display
Previously without the Multi Monitor Support users found it difficult to work on same QuickBooks file running on two monitors simultaneously. And addressing this issue, the new QuickBooks Desktop 2018 comes with a very interesting feature that allows users to work on Multiple monitors at the same time.
To enable the Multi Monitor display, click on the View Menu => and then switch to Multi Monitor Mode.
It improves work efficiency besides saving time.
Past Due Invoice Stamp
The new feature in QuickBooks desktop 2018 has the Past Due Stamp for all the Invoices as well as on the display message on the viewing copy of the GUI.
With this feature upon re-sending copies of past-due invoices to the customer, the system automatically notifies you that they are past due. However, this feature can only be used in QuickBooks invoice when you turn it on through the following steps.
Create a New Invoice option.
Select Formatting
Select Templates
Click on the lower left Template drop down menu and select Edit Templates
Click on the “Print Past Due Stamp” option
Charts of Accounts Feature
The new QuickBooks 2018 comes with the Chart of Accounts of feature that helps users to easily locate and open a selected chart of account or sub-account with the help of only the account number, account name.
To use this feature just follow the following steps as:
Go to Lists and select the Chart of Accounts
Go to the Search Box at the top left of Chart accounts list
Type a portion of account name or number
Click on the Search Button to generate Accounts Chart
Cash and Accrual Toggle for Reports
To easily toggle between displayed reports on the basis of Cash or Accrual, the new QuickBooks Desktop 2018 comes with the Cash/Accrual Toggle. This helps to view QuickBooks report on the basis of cash very easily as all reports are computed and displayed on an Accrual Basis by default.
Also for the summary report you can change the settings in which you would like to display the report and graphs.
Enhancing the Inventory Reports Customization
By far one of the best updated features in QuickBooks 2018, this recent update allows users to easily add or remove columns from the Inventory Reports within QuickBooks Premier and QuickBooks Enterprise solutions.
This also helps in Inventory Valuation Summary, detailing of Inventory Valuation, sort inventory status by Item reports and Assembly Shortage by Item report in QuickBooks Enterprise.
Security on Web Mail
The new QB desktop 2018 update allows users to send emails over Gmail, Outlook, Hotmail, MSN and Windows Live accounts securely, thereby improving work efficiency and multi factor authentication.
To use this feature just follow the steps as:
Go the Menu Bar and click on Edit button
Select Preferences
Click on Send Forms and then My Preferences
Select the Webmail option
Select “Use enhanced security” setting while setup
Note: To complete the Set Up users need to have their Intuit Id and Password.
Ability to stay Logged in
QuickBooks Desktop 2018 comes with the new update that allows users to stay logged in to their QuickBooks account without having to enter user id and password every time they open or switch company files.
To use this feature the following steps are:
Go to the Company and then click accountant
Select Manage Login Settings and click on “Keep User logged in for.”
Specify the time period from the option range from up-to two days to 90 days.
Better Sales order fulfillment with Android
For enhanced sales order fulfillment on worksheet and connectivity with a portable bar-code scanner, QuickBooks 2018 has now improved compatibility with Android App. So if you are using sales order and need to quickly access your warehouse pick list or improve speed and accuracy then this feature would be very useful.
Mobile Inventory and Scanner Support
One of the best features to have been added in QuickBooks 2018 that helps you save time, reduce manual error and make quick business decisions with real-time inventory data.
Connect Mobile Bar Code device or Android phone to QuickBooks Enterprise with Advanced History via a Wireless network.
Create Vendor record for each Warehouse picker and assign new vendor type: Warehouse User.
Enterprise Users With Advanced Inventory Can Enable Mobile Scanners
Quick Merging of Duplicate Vendor details
To avoid confusion and combine up to four vendors under a master vendor and update information as required, the new feature allows quick merge of duplicate vendor details. This helps in saving a lot of time in vendor management as well.
But before you merge Vendor details make sure that:
Your Company files are used by Single User
You are Not working on Accountant’s Copy File.
Multi-Currency is turned OFF.
The Vendor you want to merge have NO: tax authorities, Tax exempt, Online Banking payment and Direct Deposit Vendor.
Follow the below steps to Merge Vendors:
Open the Merge Vendors Window.
For Accountant Edition: Select Client Data Review from the Accountant Menu and click on Merge Vendors.
For QuickBooks Desktop Enterprise: Select the Accounting tools from the Company Menu and click on Merge Vendors.
On the Merge Vendor’s Window, click on the vendors you want to merge.
Select a Master Vendor.
Click Yes on the confirmation prompt and then OK on the merge complete window.
QuickBooks Accountant Desktop 2018 to Prior years – A Quick Comparison
Key Features by Version Year
2018
2017
2016
2015
Quickly merge duplicate vendors Search and sort to identify duplicate vendors, designate the master vendor, and merge up to four records at a time.
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Increase productivity with Multi-Monitor support Increase your efficiency and visibility into your QuickBooks files through multi-monitor viewing.
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Search faster within Chart of Accounts Quickly find an account by typing in the full or partial account name or number in the search box.
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Complete tasks quickly with keyboard shortcuts Copy and paste whole lines in invoices and elsewhere with Ctrl+Alt+Y and Ctrl+Alt+V.
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Easily switch between cash and accrual basis With one click in the report window you can switch between cash and accrual basis
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Stay on top of deadlines with Payroll Liability Reminder (Payroll-Only): Get reminded of various payroll liabilities, like federal and state payroll taxes, and workers’ comp.
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Save time with easier, faster search Search for transactions using a range of values instead of exact amounts, and allow QuickBooks to auto-fill partial search terms for you.
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Improved report filters Easily see which filters have been applied to a report, reproduce memorized reports, and toggle back and forth between reports.
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Easily view credit card charge statuses Quickly see if a credit card charge or refund has cleared, without having to check reports or the register
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Get more detail on deleted users Give clients a more detailed audit trail by easily tracking and matching transactions back to deleted users
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Delete or void transactions in bulk Easily filter transactions to see which ones are linked, and find the right ones to delete or void.
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Help clients manage vendor expenses Track all vendor-related bills conveniently and efficiently in a single window.
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Accountant Toolbox Unlock access to powerful accountant tools on-thego.
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Send Portable Company File Clients can send you a portable company directly from QuickBooks. No more technical support.
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Insights on Home Page See a snapshot of the health of your client’s business so that you can make insightful recommendations
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Time and Expenses block in Income Tracker View unbilled hours and take immediate action.
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Send Multiple Reports in Email Easily choose and attach multiple reports in one email.
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Enter multiple transactions at the same time Batch-enter checks, deposits, or credit card transactions on one screen.
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Let clients access journal entries with a click Email journal entries from QuickBooks with ease and let clients import them with a single click with Send General Journal Entry.
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Send files securely Send Accountant’s Copy files through secured Intuit servers with Accountant’s Copy File Transfer Service.
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Find and Fix errors fast Find and Fix client entry errors faster with Client Data Review
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Take a cross-edition expedition See what your clients see with instant access to all QuickBooks editions in one software package.
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Make asset management your best asset Stay on top of acquisition, depreciation and disposal with Fixed Asset Manager.
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Find all your balances in one place Gather beginning balances, period transactions and adjustments, and ending balances for any time frame with Working Trial Balance.
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Free features and improvements.
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Conclusion!
The latest version of QuickBooks desktop 2018 is perfect for business and really ease to use. It comes with the best features to manage your business efficiently, more securely and with minimum human error. Although if you are an accounting expert and professional in this field and want to test this new product, you should surely try the latest released version 2018 of QuickBooks. For more information you can contact to our QuickBooks toll-free number that is +1-844-499-6700.
