Friday, 1 November 2013

What's New ?

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Are you looking for accounting software to bill your client? Then Intuit QuickBooks can surely be the right accounting software for you. QuickBooks is simple software that can be used by anyone without an accounting background. Most of the small traders use QuickBooks as it is easy to use. 85% of small business owners manage their daily accounting activities with this software.

You can generate all sorts of accounting reports, whether it is to generate Profit and loss or costing and many other applications to assess the financial position of your business. All of these are integrated in its updated edition that has a new look with new features.

Features of QuickBooks 2014

- Organize and integrate your routine monetary transactions
- Updation of tax records
- Creation of ledgers and new accounts
- Easy installation and use
- Financial analysis of your sales, credits
- Tax friendly reports for filing

What’s New in QuickBooks 2014


·        Enhanced E-mail Capacity- Now, you can easily attach multiple files; choose from wide email templates    to customize your purpose of communication. The new email features focus on time optimization and can  easily organize multiple conversations.

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·         Hassle-free Banking- Worried about managing multiple bank accounts? The new feature can organize the bank accounts which help to generate report during tax filing period. Colors added to the new interface will easily make you understand the transactions without any confusion. It highlights the deposits and borrowings easily with color definitions. Never get concerned as it can consolidate with tax accounting software.
·    All New Income Tracker (replaces Collection Center) - This is all new invoice management tool integrated in the new package. Now you can easily track the outstanding payments or overdue, unbilled estimates so that you can easily follow up with the debtors for payment.  

·       Small things made better!- It’s often our habit that we ignore minor things. But, when you sum up in the end, you would have saved some better chunk of money. The new interface has an icon for Bounced Check. It will deduct the check bounce amount of your debtor. An invoice is also generated from receivables to intimate the customer for the fee levied.  Few clicks will complete the task.
·       New Graphic Interface-In the new update, the navigation bar has a deep blue color replacing the gray of the previous versions.  Called as ‘Harmony Blue’, now it is easy for generating reports and for presentation- an all new user friendly interface.

·       VOIP Integration with Caller ID- is a new feature for QuickBook 2014. Integrated with the QuickBooks, you can seek about the financial transaction queries about a particular customer in line.
·        Integration with Google Products- Synchronization of the invoices or overdue bills with Google calendar and with Google Maps to sort by customer type
·    Improvised Bill Payment Stub- will indicate the bill details that are paid completely clearing off the outstanding payments.
·      Print Vertically- Now, you can print the financial reports vertically. This is an addition to print number of pages horizontally.
·   Quicker and faster performance- as claimed by the Intuit team, time will bring the testimonial about how efficient and fast is the newer version in navigating between reports or editions.
·  Search Lists- With the Add/Edit Multiple List, a search option (check-box for Search within results) is integrated that can save your time working on large report.
·    Advanced Sorting- Billable Time & Costs option in the Premier version can easily enable sorting by click on the column bar. Now you can easily interpret the financial data.
·      Time Management Features are added with Reminders, To-Dos as well as Maintenance alerts.
·         With giving due recognition to user requirements, now ‘View Balances’ tab can be customized with the left navigation bar
   Client Collaborator Feature- exclusively for the 2014 version of QuickBooks, allows the accountants to interact with the client instantly. Any sort of clarifications in the file to update or alter information can be done with this interesting feature.
·        Also Auto Search suggestion in the new version can be your real time assistant to identify the most probable transaction.
      Narrations for transaction forms can now be edited with the option to ‘copy and paste’
·         Customized icons for ‘Reports’ tab will now make your navigation easier.
·         This updated version has the option to Backup data apart from multiple user accounts.

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  Comparison


New Features in QuickBooks Accountant


Intuit has been constantly focused on improvising its user experience. This is experimental in its powerful tool for the ultimate accounting professional.

Reclassify Transactions: The Reclassification Transactions tool in the ‘Client Data Review’ will now allow you make necessary alterations that are input from a wrong account.
New Additions to enter transactions- Bills & Bill Credits and Invoices & Credit Memos can be now entered by installing this new version.
OS Compatibility- Now, the new version of QuickBooks Accountant allows to ‘Send General Journal Entries’ to QuickBooks Mac.

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