QuickBooks 2021

QuickBooks Desktop Pro 2021 is all about automation or we can say users can expect more automation which is specially designed to save time and boost productivity. For the past decades, Intuit has continuously improved its services by customizing QuickBooks as per the user’s requirement. It is also best known in terms of offering best-in-class features and functionalities which add more value to its service.

Every year, a new version comes with some additional features that enhance the capability of QuickBooks and ease business tasks. Likewise, this latest released 2021 version also introduced new automation features such as improvements to bank feeds, automatically sending statements, creating categorized receipt expense entries, and more. This guide is a compilation of what’s new in QuickBooks Desktop Pro Plus 2021.

Let’s have a look at the newly added features in this new release version and how you can use them to benefit your business.

New added features in QuickBooks Desktop Pro 2021

Money management is an important factor that needs to be taken seriously in any company. As the market's best small business accounting software, QuickBooks Pro simplifies the process of money management and removes the need for paper records. For potential audits, you would have no trouble extracting claims. The QuickBooks Desktop Pro automatically records each transaction!

1. Organize your business finances
2. Track performance to inform decisions
3. Simple setup and easy to use
4. Collaborate with 1 to 3 concurrent users (each sold separately)
5. Quickly import data from Excel, Quicken & more

Ability to send statements automatically

The feature that automated the process of adding customer purchase orders to the invoices and setting reminders was added last year by Intuit.

As a consequence, in its process of reducing repetitive manual tasks for its customers, it is prepared to launch a function that can automatically submit statements. Automating it, this function would remove the task of generating and submitting statements to customers each month. During the setup, predefined emails and templates are generated that can be checked before being submitted to the clients.

Customized payment receipt

QuickBooks helps its users to print sales receipts and submit them. One may send multiple invoices or receive attachments via a single email in the QuickBooks 2020 edition.

Now, Intuit has introduced the ability to customize payment receipts in the QuickBooks 2021 version as per the requirements. It would further help to have a better image and streamline the process of all payments. Additionally, users can easily customize payment receipts as well as add logos to give professional look to the system with this latest update.

Create a rule-based customer groups

QuickBooks enables users to build groups of customers that help to list and separate them according to requirements.

The rule-based groups can be generated in the latest version based on various fields, such as client form, location, status, revenue, balance, and more. It will further allow the communication system to be controlled and automated.

Improved bank feed

An online banking feature called Bank Feeds is supported by QuickBooks Desktop, which allows users to import their transactions from various financial institutions. It helps to control bank transfers and bills so that one can concentrate more on its core tasks.

Receipt management

A receipt management tool is a new advanced feature that makes it simple and easier to enter your expense receipts. Using the mobile app or directly from your PC, you can allow users access to upload payment receipts to QuickBooks.

Additional key benefits of QuickBooks Desktop Pro 2021

1. Automatic data backup and recovery without any additional charge.
2. The ability to build and categorize receipt expense transactions automatically with the QuickBooks Desktop Pro.
3. Unlimited customer support without any extra charges.
4. Access to the latest version with the latest features, support, and security patches for third-party operating system changes.
5. Optional add-on services discounted cloud-based remote access.

QuickBooks is very simple to set up and to operate it you don’t need to have prior knowledge of accounting. It is now available in a new edition for Mac and that is QuickBooks Desktop for Mac 2021. QuickBooks for Mac helps to organize your business from one place, which saves your time, and hence you can be more productive. New QuickBooks contains many new features and tools, to know these keep reading the below article.

QuickBooks made for Mac includes below things

1. You can download your bank transactions
2. No need for prior accounting knowledge
3. Always stay organized to manage your business more successfully
4. Track every business move to take the right and quick decisions
5. Using QuickBooks is having very simple setup to use
6. Import your data Quickly
7. Receive your payments faster through online invoice and statement e payments
8. Step by steps are available to show you how to create invoices, record expenses, and more

What is new in QuickBooks Desktop for Mac 2021

QuickBooks Desktop for Mac 2021 is now contained of advanced and new things which help you to boost your work and productivity. Some of the QuickBooks new features are available below

• e-File 1099s
  Speed up your filing process simply by filling out the 1099 forms. Save your precious time instead of wasting it, and keep updated with the IRS requirements which mandate electronic filing for some of the 1099s.
• Sales Tax Code
  Be ready with the tax preparation, and record your sales & tax calculations for multiple districts, state orders, and non-profit organizations. Save yourself by paying high penalty and interest charges by monitoring the sales tax you have collected
• Combine invoice emails
  Send multiple invoices through a single email and receive payment more easily and quickly. Remind the customers about the payment so that they won’t overlook the outstanding amount while sending payments
• Statement e-payments
  Email the clients with the payment links which helps the clients to pay more quickly and easy way. Payments are done with a simple one-click download and reconciliation.
• Automatic payments reminders
  Send automatic reminders to the clients and get paid faster

What QuickBooks Desktop Mac 2021 can do for your business?

QuickBooks for Mac is capable to manage to multitask, hence below are some major tasks that QuickBooks software can do for your business.

• Invoicing - Be professional and collect the payment faster
  1. See real-time invoice status and stay on top of your business cash flow
  2. accept the payments through the invoices and you can send the reminder for payment too
  3. Invoice available for everything such as services, goods, expenses, and for billable time
  4. You easily create professional invoices and estimates
• Track Sales tax – Stay on top of sales tax
  1. To know what you owe now you can run sales tax liability reports
  2. Track your monthly sales tax automatically
  3. Customers and products which are taxable can be easily defined
• Track Inventory – Maintain your stock and avoid losing any orders
  1. Track the product price, products and when the inventory is low you can now get the notification
  2. Manage your inventory accounts according to theft, loss, and shrinkage
  3. To keep track of what is in the order you can now create a Purchase order
• Track Income and expenses - Track your money where it is going
  1. Automatically download transactions and to do the same, connect your bank and credit card
  2. Categorize your business with Employee centers, vendors, and customer
  3. Import the data from earlier financial data from excel or for other programs
• Manage bill and accounts payments – Know your debts
  1. Pay before time and get early pay discounts automatically
  2. See the unpaid bills from a vendor to manage the payments easier
  3. Manage the cash flow and take necessary actions on unpaid bills
  4. At a single place track purchase orders and bills

QuickBooks Desktop Enterprise 2021: Ready to get started with QuickBooks Desktop Enterprise 21.0 which has released new and improved features that benefits your business with more complex needs. The company of your clients may become more complicated, but it should not be your workflow. QuickBooks Enterprise is developed to seamlessly pivot between accounting, at scale with full access anytime, anywhere. With an array of advanced software, Enterprise does not stop at accounting only;  you and your customer can streamline and handle their whole company in one location.

Insights into features of QuickBooks Desktop Enterprise 21.0

Here are new and advanced features found exclusively within QuickBooks Enterprise 2021 edition including:

1. Sales Prices on Barcode Labels
2. Improved Alternative Vendor Reports
3. Data Level Permissions
4. Mandatory Serial/Lot Number Tracking option
5. Enhancements to Landed Costs
6. Batch Delete for Sales Orders

1. Sales Prices on Barcode Labels

In addition to the item name and the barcode, printed barcode labels can now include the selling price of goods. You may choose to pick the price in the same way as when you choose the Item Description option (to be printed on the barcode label). Select the File from the QuickBooks Enterprise menu bar to access this feature, then select Print Types, and then select Labels.

• Feature Availability
  The Barcode Price Labels feature is only available for QuickBooks Desktop Enterprise 2021 Platinum and Diamond subscription customers at the time of initial release.

2. Improved Alternative Vendor Reports

As part of QuickBooks Enterprise v20, the Alternative Vendor feature was released in 2020 to dramatically boost inventory-centered companies' ability to make better buying decisions and increase profitability. To provide alternative vendor details, some users of the Alternate Vendor feature indicated that they wanted enhancements to different standard inventory reports.

By including the Alternate Vendor column, QuickBooks Desktop Enterprise 2021 enhances these different reports by simply clicking the Show Alternate Vendor column choice using standard report customization methods. Alternate Vendors can be conveniently added to either the 2021 Inventory Stock Status by item or Inventory Valuation summary reports.

• Feature Availability
  These enhanced Alternative Vendor reports are only scheduled for QuickBooks Desktop Enterprise 21.0 Platinum and Diamond subscription customers at the time of their initial release. During 2020, Alternate Vendors were rolled out to both the United States and Canada, and this upgrade for 2021 is similarly being announced.

3. Data Level Permissions

When it comes to customer and/or vendor information for some Business customers, QuickBooks Enterprise Administrators expressed the need for enhanced security because there was no way to control access to the records associated with any customer or vendor.

New for 2021, Data Level Permissions can be used by QuickBooks Enterprise v21 Platinum and Diamond Subscribers to provide more granular security for accessing, modifying, or removing individual customer or vendor records and related data by only those approved users.

• Feature Availability
  The Data Level Permissions feature is scheduled at the time of initial release only for QuickBooks Desktop Enterprise v21 Platinum and Diamond subscription customers.

4. Mandatory Serial/Lot Number Tracking option

QuickBooks Enterprise Advanced Inventory has provided you with the ability to track serial or lot number inventory in previous versions. But now you have the option of setting up mandatory serial or lot number monitoring for some transactions as of Release 8 of QuickBooks Enterprise v20. If you want to make serial/lot number tracking mandatory, before you can continue, QuickBooks will now ask for the correct data, helping your inventory remain organized.

• Feature Availability
  This feature is available at the time of initial release on September 8, 2020, only for QuickBooks Desktop Enterprise v21 Platinum and Diamond subscription customers.

5. Enhancements to Landed Costs

The Landed Costs function automates the process of enabling users to add to their actual item costs the costs of shipping, freight, taxes, import duties, insurance, and other miscellaneous costs in order to give them greater insight into the true cost of the product.

QuickBooks Desktop Enterprise 21.0 provides users with more power and versatility about how landing costs are measured and exchanged.
You can now choose either a type of Other Current Assets account to use the Landed Cost feature (as originally released in v20) or choose a type of Cost of Goods Sold account (new for 2021).

• Feature Availability
  The Advanced Inventory Landed Cost feature is scheduled for QuickBooks Desktop Enterprise 2021 Platinum and Diamond subscription clients only at the time of initial release.

6. Batch Delete for Sales Orders

As part of an upgrade to QuickBooks Enterprise v20, several features first discovered as part of the 2021 QuickBooks Enterprise v21 'latest edition' were released as a slipstream. You can find this particular feature in the Accountant version of QuickBooks Enterprise because it requires considerable professional judgment during use.

This feature enables account users to batch delete unrelated sales orders for invoices, checks, and bills in a manner similar to batch delete.

• Feature Availability
  Batch Delete for Sales Orders is scheduled at the time of initial release only for customers of QuickBooks Desktop Enterprise 2021 and QuickBooks Enterprise Accountant v20 as well.

Buy newly released QuickBooks Desktop Pro-2021, including advanced payroll 2021, and say goodbye to the complexity of setting up an additional payroll for bookkeeping. The pro plus 2021 comes with payroll and powerful invoices features and improved core accounting functionalities. It streamlines the time calculations like calculating working hours, reimbursing expenses, payroll taxes, direct accounts deposit, and more.

This article will describe QuickBooks Pro Plus 2021 + Payroll's useful features in estimating future expenses effectively. Let’s take a look through the below information to organize the cash inflow & outflow better.

Core Features available in QuickBooks Pro Plus 2021 + QuickBooks Payroll 2021

Without a doubt, QuickBooks Pro-plus 2021 + QuickBooks Payroll comes with a comprehensive list of productive solutions for your business. It contains in creditable features to effectively handle billings, financial reporting, invoicing, etc. when you read the review on this version of QuickBooks, you will know its creditability and never deny its purchase.

Features associated with payroll in QuickBooks Pro Plus 2021 + QuickBooks Payroll 2021

With enhanced payroll in QuickBooks Pro plus +payroll, you can streamline many processes, and QuickBooks will perform it for you. It let you process the payroll along with tax files directly. It includes features like instant paychecks, free direct deposit, free tax forms, and payroll support. Here is the list of features that comes with QuickBooks Pro Plus 2021 + QuickBooks Payroll 2021.

1. You do not require extra effort in setting up Payroll; In Pro plus 2021 +Payroll; you can execute the payroll in a few clicks.
2. The direct deposit is the most crucial function in payroll; in Pro plus 2021 + enhanced payroll, you will get Free of cost direct deposit
3. Reduce the complexity of manual calculation, the payroll taxes gets calculated for you
4. No manual entering of payroll data; the payroll-related information gets recorded automatically in QuickBooks

Highlighting benefits of QuickBooks Pro Plus 2021 + QuickBooks Payroll 2021

1. Better Processing and Management of finance

Ease of generating estimates & invoices; It helps to enhance fast payment by notifying the customers about due payments. Consequently, improve client management, communication, and insights through a rule-based customer group. It automatically updates the details depending upon the customer status, type, or location.

2. Take a better decision by performance tracking

QuickBooks Pro Plus 2021 lets you manage the cash flow in a better and clear way. You can easily view real-time reports and invoice status. It helps the owner make a better business-oriented financial decision through clear reports. You can even schedule automatic reports. It includes details regarding balance sheet, expenses, profit, and loss to helps you during tax auditing.

3. User-friendly and simple to setup

One of the problems that users face is setting up newly purchased accounting software, whether it requires a professional. Do not worry! QuickBooks pro-plus 2021 comes with a simple setup in a few clicks. You can easily set it up within a few minutes and execute it. Moreover, there is step-wise guidance available to learn important tasks.

4. Ease of Data Import and Export

Import and export are widely used features in accounting software. It is a great challenge for the majority of users to discover a quick and straightforward method to import data. Fortunately, QuickBooks Desktop pro plus + Payrolls come with time-saving features. You can quickly categorize the preferred transactions and import data from Excel.

5. Additional subscription-based features of QuickBooks Pro Plus 2021 + QuickBooks Enhanced Payroll 2021

1. Get unlimited customer support to solve any barrier which comes when operating the software
2. Users can access the improved features, updates, and security patches
3. Automatic data backup reduced the stress of losing an important file

Intuit, the founder of QuickBooks continues to prioritize the security of our customers’ data by improving services as per the customer’s need. It is well-known accounting software in terms of offering best-in-class features and functionalities to add more value to its services.

To enhance your experience, it has released a new QuickBooks Desktop Premier 2021 edition. In this article, we are going to disclose all related aspects of the recently released QuickBooks Desktop 2021 edition.

5 New improved features of QuickBooks Desktop Premier 2021

QuickBooks Premier 2021 includes a variety of new and improved key features that help all sized businesses to improve their day-to-day productivity. The new improved features include:

1. Improved Bank feeds

By using enhanced rules, improved matching, and batch editing, you automatically categorize bank transactions with more detail. Gain flexibility and effectiveness with enhanced rules that allow you to search for, and define, categorization requirements quickly.

2. Receipt management

Automatically build and categorize receipt expense transactions in QuickBooks by using the QuickBooks Desktop mobile app for capturing receipt information. Just photograph >> import >> review receipts. Stay organized by adding digital receipt images for audit trails to expenditure transactions. Categorize, review, and handle multiple receipt transactions efficiently at once.

3. Automatically send statements

Automate emails of statements sent periodically, tailored to various customer needs. Statements can be checked and submitted from QuickBooks using the predefined email and templates that were configured during the setup of the Automated Statement. For different customer groups, different templates (e-mail and statements) can be used.

4. Customize payment receipts

You can experience a professional and consistent look through your customer communications by customizing payment receipt formatting, including adding a logo. By using the familiar Layout Designer tool, customize the format. Create various formats with specific customers for use.

5. Create customer groups

Create rule-based customer groups based on fields such as customer type, position, venue, sales rep, and balance, so that interactions with them can be easily handled and automated. You can then use Customer Groups to automate the sending of invoices or statements. Check the Automatic Submit Statements feature in this article for more information on the usage of Customer groups.