What’s New in QuickBooks Point of Sale/POS 9.0

December 11, 2009 · Filed Under Accounting · Comments Off 

We’re pleased to announce that Intuit has released the new QuickBooks Point of Sale/POS 9.0 and the new features are impressive:

Ringing Up Sales

  • Customers can be assigned in the Simple Receipt View. Customers can now be assigned to receipts using the Simple Receipt view, and workflows that require customers such as redeeming rewards or using charge accounts are also supported.
  • Coupons can be scanned/entered on receipts. Coupons can now be defined along with other discount types and automatically applied to items on a sales receipt by scanning or entering the number.
  • Coupons can be printed with Sales Receipts. To encourage return visits, you can optionally print coupons along with receipts based upon criteria such as frequency, sales amount, and more.
  • Prompt to email sales receipts. You can optionally prompt to email receipts when they are completed. For those customers that do not have an e?mail address recorded, it can be entered at the time the receipt is completed.
  • Customer PO#s can be recorded on sales receipts. When selling to companies you can record the customer’s Purchase Order number for later invoicing from QuickBooks.
  • Quick-add items while ringing up sales. When ringing up a sales, you can quickly add an item not already in your inventory through a simplified item dialog, then go back in to add more detailed information later as necessary. Read more

QuickBooks Premier vs. QuickBooks Pro

November 27, 2009 · Filed Under Accounting · Comments Off 

Every October, right after Intuit releases new versions of QuickBooks, we get questions from users about whether QuickBooks QuickBooks Pro or QuickBooks Premier is the better fit.

Our first question is always – which edition of Premier are you considering. We ask because some of the extra features are specific to certain editions. For instance, the Contractors edition has enhanced change orders and tracking of subcontractor insurance expiration dates. Because of the difference between versions, we usually recommend that our clients purchase the Accountants edition, which allows you to toggle between all the editions. Read more

QuickBooks and Windows 7

November 13, 2009 · Filed Under Accounting · Comments Off 

Intuit has announced that it will only support QuickBooks 2010 in the Windows 7 environment – no other version of QuickBooks will be supported. Due to this and the fact that we’ve experienced considerable trouble with QuickBooks and various add-ons after we upgraded to Windows 7, we recommend that everyone think twice before doing the same.

We do have to admit, however, they we have a very complicated QuickBooks setup. Because, for the most part, QuickBooks is not backwards-compatible we have four versions of QuickBooks Premier (2007-2010), four versions of QuickBooks Enterprise (v7.0-v10.0) and four versions of QuickBooks Point of Sale/POS (v6.0-v9.0) installed. Even more importantly, as it turns out, we chose to upgrade instead of do a clean install because we just couldn’t stand the thought of having to re-install all of our programs again. This was one of the selling points of Windows 7, right? Read more

What’s New in QuickBooks Enterprise 10.0

November 13, 2009 · Filed Under Accounting · Comments Off 

We’re pleased to announce that QuickBooks Enterprise 10.0 has been released. Businesses on the Full Service Plan will automatically receive their upgrades over the next few weeks. Here are the new features you can look forward to:

More Custom Fields with Improved Reporting (only available in QuickBooks Enterprise 10.0)

You know better than anybody what business data you need to track and how you want to use it. More custom fields have been added to QuickBooks Enterprise Solutions for customers, vendors, employees and items so you can capture, track and report on the unique data you need. Set custom fields to accept certain formats such as date, phone number, or select from list to reduce data input errors and improve the quality of your data output. Plus use advanced filtering and sorting to run reports on the custom field information you care about Read more

QuickBooks Tip: Employees vs. Independent Contractors

November 13, 2009 · Filed Under Accounting · Comments Off 

The days when a small business could ignore the risks of having misclassified workers are over. Unfortunately, some employers improperly classify their employees as independent contractors to avoid the pain associated with having employees, namely:

  • Payroll taxes
  • Minimum wage or overtime requirements
  • Other wage and hour law requirements, like providing meal periods and rest breaks
  • Reimbursable business expenses employees incur in performing their jobs

Additionally, employers don’t have to cover independent contractors under workers’ compensation insurance, and are not liable for payments under unemployment insurance, disability insurance, or social security. Read more

What’s New in QuickBooks Pro and Premier 2010

November 13, 2009 · Filed Under Accounting · Comments Off 

For the second year in a row, the most exciting new feature is the Client Data Review tool found in the Accountants editions of QuickBooks Premier and QuickBooks Enterprise.

I don’t normally push my clients to upgrade unless their version is 3+ years old. But last year, Intuit introduced a new Client Data Review feature for accountants which allows us to troubleshoot and correct client data entry errors with a few clicks of a button. Common data entry errors that used to take me hours to correct can now be done in minutes! Read more