 |
|
|
|
|
New Features in QuickBooksChapter 5
Multiple Journal Entry View Now you can view multiple journal entries while you edit them... all in a single window. The new Journal Entry window offers a split-screen view. Choose a 30-, 60-, 90-day or 1-year date range for viewing in one screen. Select any entry, and it appears in the other screen for editing. This feature saves time and mouse clicks.
Condensed Reports Why sift through details you don't need? Now you can see just the information you use. Eight new accountant-specific QuickBooks reports automatically condense transaction details (payroll, liabilities, invoices, etc.) into one-line summaries. You'll work faster and get the information you need.
New condensed reports include:
Customized Reports for Accountants Save time with reports specifically designed to present information the way you need to see it. An Income Tax Preparation Report gives you the figures you need to prepare your clients' tax returns. In addition, six detail reports now always display debit and credit columns instead of just the amount column, as shown in the screen shot below:
One-Click Access to the Transaction Journal A new ICON allows you to quickly view the debits and credits behind a transaction. Just click on the new history icon to see the transaction journal report behind key QuickBooks forms, including checks, bills, and invoices.
Improved Class Tracking Now you can track all of your clients' income and expense items more precisely by class. Assign a class to each line item on invoices, purchase orders, customer statements and other forms. Classes can now be assigned to finance charges, discounts on payments received and made, service charges and interest earned. Optional alerts warn your clients when they try to record an unclassified transaction. And you can use the new Profit & Loss Unclassified Report to quickly find entries that are missing class assignments.
Track Sales Orders & Back Orders You can now manage your clients' inventory more efficiently and boost the accuracy of their financial data by creating sales orders. QuickBooks automatically compares items available in inventory with sales orders and places out-of-stock items on back order. QuickBooks can even automatically generate purchase orders for items on back order.
Manage Client Inventory More Precisely Set up each finished good as its own inventory item and specify which pieces of current inventory are needed to produce it. QuickBooks automatically adjusts inventory and finished goods and tracks them separately, so clients know exactly what's on hand and their books are accurate and up-to-date.
Quick-Find Journal Entries No more clicking your way through "previous" and "next" entries to find the one you want. Now you can find the journal entries you're looking for in one quick step. Just click the new FIND icon on the Journal Entry screen and enter your search criteria. QuickBooks instantly shows you all entries that match.
More Forms Customization Options Now, your QuickBooks forms can make a perfect impression. Thanks to more flexible formatting options, you can make them look and work exactly the way you want them. You can add and remove fields; repeat fields; add multiple text comments; add up to 3 images anywhere you like; add a watermark or background image; use colored lines, colored text, shaded boxes, and more.
Build a Budget Automatically Save time with faster and easier budgeting. Just click a button and QuickBooks creates an editable budget for your clients based on their actual QuickBooks data. A new spreadsheet format for budgeting lets you easily apply percentage increases or decreases across a line item, class, job or account. Generate a report to compare your clients' actual income and expenses to their budget.
More Robust Integration with ProSeries® Tax Software Tax preparation is easier as you can now seamlessly pass information back and forth between QuickBooks and ProSeries Tax Software. QuickBooks automatically assigns tax line items to the relevant ending balances from Income & Expense accounts, and now from Balance Sheet accounts. You can flow the data automatically to the appropriate places in the ProSeries return without leaving QuickBooks. Or, create a new return and flow the information from QuickBooks without leaving the ProSeries application. Make further changes to QuickBooks files; ProSeries alerts you and offers to flow the changes into the return. You'll save hours of entering the same information in two applications, and your clients are assured of accurate returns.
Help Your Clients Create A Business Plan You can now build a business plan just by answering step-by-step questions. QuickBooks uses historical QuickBooks data to automatically project a future balance sheet, profit and loss statement and statement of cash flows. Detailed instructions and sample text help finish the job. - END - |
|
|
