Those who enjoy the latest and greatest have probably jumped onto the QuickBooks 2018 bandwagon already, but does it actually have some game-changing features? We’ll take a look at the new features of 2018, and compare it with the much-loved 2016 edition of QuickBooks to see which is more beneficial for companies. Online services vary by participating financial institutions or other parties and may be subject to application approval, additional terms, conditions. Download your data from participating banks until May 2023.Payments Screen Search Options: Users can sort by any column in the payment screen to find the transaction they are searching for - without having to scroll down through pages of transactions. Fiscal Year-to-Last Month report filter: In addition to the reports available in prior versions of QuickBooks, users can now generate a “This Year to Last Month” report. View outstanding bills, item receipts, and purchase orders in one location instead of gathering multiple reports. Bill Tracker: Similar to the “Income Tracker”, this new feature gives users an instant view of “money-out” transactions.However, Quickbooks makes it easy to upgrade. However, as we mentioned before about Quickbook users, some have their preferences set in stone and have no desire to switch to Online, or even to upgrade.Intuit does have a “sunset cycle” on its software, meaning once the version turns 3 years old, support for that product ends. Users who benefit most from these versions include medium-to-large business owners who exceed the 14,500 customer limit, or when more users need to access QuickBooks.2016 also brought the push toward QuickBooks Online, making heavy-handed moves to shift desktop customers to a cloud-based system. QuickBooks Statement Writer: If you have Microsoft Office 2013, then the QuickBooks 2016 installation program ought to patch your computer to work with QuickBooks Statement Writer (QSW).QuickBooks 2016 has “Enterprise” and “Pro” versions as well, each having exclusive features in each version.
Where Does Quickbooks 2016 Store Data Download Your DataSearch in Chart of Accounts: Find an account or sub-account faster via an added search bar Multiple monitor support: New features make it easier to work with up to 3 monitors. 2018 FeaturesNew features are available for all Windows versions of QuickBooks 2018 ( Pro, Premier, Accountant, Enterprise) including: With this seemingly inevitable shift happening, let’s take a look at the newest features of Quickbooks 2018. Users who utilize services such as QuickBooks Payroll or QuickBooks Merchant Services, will have to upgrade to QuickBooks 2018 in order to keep using them. Mac os ds emulatorInternet Explorer support: Many QuickBooks 2018 functions require use in Internet Explorer 11 (IE 11). Secure webmail: A more secure integration method with webmail accounts. Enhanced inventory reports: Newly customizable inventory reports add flexibility and insight, and with better tracking via additional fields. If you don’t want the notice applied to a specific invoice, toggle the notice off with a click. Past Due stamp: Automatically add a past due notice on overdue invoices for emailing or printing. Great for accountants or businesses that report in one basis and file taxes in another. Are the new features enough for users of older versions of QuickBooks to make the switch?Many users are implored to upgrade their software at least every 3 years, in order to get the most benefits from QuickBooks. You can take a look at the full version breakdown here. Additional PII encryption: Previously unencrypted PII (personally identifiable information) database fields are now internally encrypted.Changes for QuickBooks Add-ons: If you have an add-on that works with QuickBooks in “unattended” mode (that is, it accesses QuickBooks in the background), there may be an additional preference setting that you will need to change in order for your app to continue accessing QuickBooks.There are even more features included with “Pro” and “Enterprise” versions of 2018. Internal component updates: Intuit has switched from SHA1 to SHA2 to store user credentials, upgraded to Sybase version 17, and upgraded to. Ftp client to upload to shutterstock for macIn short, the software version that benefits you and your business most entirely depends on which features your company will utilize most.For a more extensive look at the cost-effective features of Quickbooks 2018 Desktop and Quickbooks Online, check out the comparison here. However, 2016 seems to still have a leg-up when it comes to profitability, at least until the sun sets on 2016 next year. For example, in the General Contractor version, you can analyze job profitability or track job estimates.While on the Non-Profit version, you can generate end-of-the-year donation statements or run donor contribution reports. Quickbooks 2018 Desktop is great, especially if you’re in an industry like Retail & Non-Profit.
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