QuickBooks

 

WHAT IS NEW ON QUICKBOOKS 2019

QuickBooks 2019 is just amazing and comes with new exciting, important and useful features. This article outlines the features introduced in QuickBooks Desktop Pro, Premier and Accountant 2019 compared to 2018 version.

quickbooks 2019 is here

QuickBooks 2019 is here with new exciting features to help your company daily financial activities.

Multi monitor support, fully customized reports etc can be handy when you need them.

Bring your company to the next level, automate your process and enoy peace of mind with the new QuickBooks 2019

Source:
https://community.intuit.com/articles/1732800

Invoice Status Tracker

QuickBooks 2019 allows easier tracking of the Invoice status. Simply open the appropriate invoice and select the See History link. The Invoice History window will pop up and show a status flow:

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  • Sent: Your invoice was sent using one of the email options in QuickBooks.
  • Viewed: Your customer already received and opened the email. Note that you would only see this status if you are connected to the internet. Also, this may not appear if the customer’s email doesn’t auto-allow image downloads.
  • Paid: You entered a payment for Invoice in QuickBooks. The history displays partial and full payments.
  • Deposited: You record a payment deposit in QuickBooks.
Transfer Credits

With QuickBooks 2019, you can now transfer credits from one customer job to another in just a few clicks.

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Note: You must have user access to the Chart of Accounts to complete this process.

  1. Open the invoice you’re transferring the credit to.
  2. Select Apply Credits. Credits from another customer job would show under available credits.
  3. Select the existing credits then Done.
  4. On the Confirm transfer window, select Yes to complete the transfer.

This is an irreversible action. If you need to modify/reverse this action, please be sure to consult with your accountant before making any changes.

When this action is performed, there will be 2 General Journal entries created by QuickBooks to transfer the credits to the required Job. The memo for these journal entries will say “Transfer of Credits for …” to make it easier to understand later. Also, the first time the transfer credits feature is used, QuickBooks creates an “Other Current Assets” clearing account to move the credits. It will show inactive so that it’s only used to transfer credits.

Inactive Items in Inventory Reports

In a business, it’s important to have reliable valuation reports to consolidate the inventory value. A filter to include/exclude inactive inventory in reports is now available for you to have an up-to-date assessment of inventory.  To run the reports:

  1. Go to the Reports menu, then select Inventory.
  2. Select either Inventory Valuation Summary, Inventory Valuation Summary by Site, or Inventory Valuation Detail.
  3. Mark Show Inactive Inventory Items.
Cheque to Pay Bills

QuickBooks 2019 promptly guides you to the Pay Bills window when you have open bills and try to write checks. This prevents unintentionally creating a check to pay for bills.

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IIF Imports

With the enhanced IIF import, you are sure your imported data is accurate. QuickBooks checks your data before importing and creates a report of issues found with the corresponding fixes before re-import.

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