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Send automatic payment reminders Use this feature to make sure you get paid on time every month. Consolidate multiple invoices into just one email QuickBooks now gives you the option in Send Forms to combine forms to a recipient in one email to simplify payment processing for customers by just checking a box.
Collapse columns to see simple, easy to read customer totals in reports QuickBooks update comes with the Collapse Column feature which can hide unnecessary column details like jobs and classes. Setup payroll easily with employee self-setup This feature includes simplified guided payroll experience for small business owners where they can invite their employees to fill their personal information securely.
Easily find and open company files Now easily find, open, and access your company files with the addition of a file search option from the No Company Open window across multiple connected storage devices.
To Conclude Other than the latest update for QuickBooks Pro , Intuit also launched the latest updates for other versions of QuickBooks, including Premier, Enterprise, and Mac as well for the smooth functionating of business processes. Post Views: 2, Chat With A Solutions Consultant.
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Product description Track business performance with user-friendly tools that don't require accounting knowledge with this downloadable, 3-user version of QuickBooks Pro from Intuit. Built with tools needed to manage small business accounting, features new to QuickBooks Pro include multi-monitor support, a "Past Due" stamp for outstanding invoices, a search bar for finding accounts or sub-accounts, performance measurements on a cash or accrual basis, and a payroll liability reminder.
QuickBooks Pro is compatible with Windows. User-Friendly Payments Use the "Pay Now" link in invoices so you get paid online via credit card or bank transfer. Manage customer lists on one screen while tracking invoices and payments on another. See all details Not eligible for eBay purchase protection programs.
Report item - opens in a new window or tab. Seller assumes all responsibility for this listing. Item specifics. New: A brand-new, unused, unopened, undamaged item in its original packaging where packaging is Read more about the condition New: A brand-new, unused, unopened, undamaged item in its original packaging where packaging is applicable.
Packaging should be the same as what is found in a retail store, unless the item is handmade or was packaged by the manufacturer in non-retail packaging, such as an unprinted box or plastic bag. See the seller's listing for full details. See all condition definitions opens in a new window or tab. Operating System:. Intuit Quickbooks Desktop Pro This is the first month of operation for our business.
The beginning balance will populate automatically, and the QuickBooks data is from us entering the opening balance into the checking account when we created the checking account in QuickBooks. If we did not enter the beginning balance when setting up the company, there is a work around for the first month.
We can enter zero as the beginning balance, enter the beginning balance into the register as of a date prior to the date we start recording operations, and then check of the begging balance amount as part of our reconciliation process. The beginning balance is one to the tricky parts when entering the first bank reconciliation but will be much easier as we move forward to future bank reconciliations.
QuickBooks then provides the opportunity to enter service charges and interest earned, options that can save time, but which can also cause confusion. I recommend not using these options when we are starting out.
We will enter these adjustments into the bank register once identified and then locate them on the bank reconciliation. Once we continue to the bank reconciliation we will see a screen like the one above. This screen is where the magic happens.
The checks and payment include the date of deposit into the QuickBooks system, the check number, the vendor, and the amount. The check number and amount are the most relevant items to match up with the bank statement. Remember that the date will differ due to timing differences, the bank dates always being later. The check numbers and amounts should match exactly.
On the deposit side, we only have date and amount which we can use to match up with the bank statement. Because there are fewer deposits, they should be easier to match up. QuickBooks should have grouped the deposits in the same format as they appear on the bank statement.
At the bottom right, we see our reconciliation tool. Once the difference number is down to zero the reconciliation process is complete, meaning the difference between the bank statement balance and QuickBooks data balance has been identified and reconciled.
The unchecked items will represent items in the QuickBooks data not reported on the bank statement, the unchecked items representing the outstanding items, the timing differences. Once we have the bank statement and QuickBooks data set up, we will go through the enjoyable task to checking of amounts that are on both the bank statement and the book, going from the bank statement to the QuickBooks data.
We generally start the checking off process with the checks and decreases. We can match up the check number and check amount on both the bank statement and QuickBooks data.
Once we match up an amount, we will highlight the bank statement and put a check next to the QuickBooks data. Once we complete the process of checking off all decreases on both the bank statement and in the QuickBooks data we see there are a few checks written in the QuickBooks data in the month of January that are not on the bank statement. These unchecked amounts are the outstanding checks and will make up the difference in the bank reconciliation. We also see that there are two non-check items on the bank statement that are not on the QuickBooks data.
These are items we will have to fix, items we will have to add to the QuickBooks data to reconcile and for our QuickBooks data to be correct. If we are concerned with these outstanding items, we can contact the bank to see if those items had cleared in the following month, in the month of February in this case.
If they have cleared in the following month then we know it is just a timing difference, a difference w is OK with, but one we will document in the bank reconciliation, as we will see.
We will check this amount off in the bank reconciliation and highlight the amount on the bank statement. Note that we do not have much information to help us with the deposit, lacking the check numbers, but the deposits are usually fewer in number so are not usually difficult to match up.
If we do not record the deposits in QuickBooks in the same format as they are recorded in the banks, however, reconciling the deposits becomes more difficult. For example, if we record each individual deposit into the QuickBooks but deposit them in batches to the bank we will have to add up the individual deposits in the QuickBooks data to match the bank deposits.
We discuss how QuickBooks makes sure the batches match up in the QuickBooks course. Once we check off all deposits on the banks statement and in the QuickBooks data, we see that we have found all deposits on the bank statement in the QuickBooks data but have on deposit in the QuickBooks data entered in January not included in the bank balance. This one deposit is the outstanding deposit and will be the timing difference we will recognize on the bank reconciliation.
If we are concerned about this deposit, we can call the bank to see if it has cleared the bank in the following month, in the month of February for our example.
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