QuickBooks 2012: What’s New and Improved
by AccountingWEB on
By Laura Madeira
If you or your clients use QuickBooks Pro, Premier, or Enterprise, you'll find that QuickBooks 2012's new features will help you:
– Gain new insights into financials
– Get more organized
– Get time back and save steps
Gain new insights into financials:
Calendar View – With the new Calendar View, you can see at a glance to-do reminders and key financial tasks on one dashboard. Viewing individual transactions or tasks is just a single click away.
Enter Laura's QuickBooks 2012 contest today! At the December 16, 2011 drawing, you could win one of the following valuable prizes:
- QuickBooks Enterprise Solutions 12.0 - 5 users
- QuickBooks Accountant 2012
- QuickBooks Premier 2012
Excel Integration Refresh – How often have you created a report in QuickBooks, exported it into Excel, and then modified the font, format, or added a unique calculation, only to have to perform the same modifications the next time you prepare the same report with a new date range? With QuickBooks 2012, you can create a new worksheet from a QuickBooks report, use Excel features to modify fonts and other formatting options, and even add your own column of data or unique formulas. The report can then be refreshed with new data directly from Excel.
Contributed Reports – Now, you and your clients can share custom reports with others. You can also download reports that others have created for your own use.
Get more organized:
Accountant Center – You'll have customizable access to the tools and features you use most with your client files, including timely information about the status of bank or credit card reconciliations.
File Manager – Managing multiple client files and types can be taxing (no pun intended). With File Manager, you can organize the files you receive into custom-defined groups. Store your username and password, and when you launch a file from File Manager, QuickBooks will automatically enter that information for you.
Lead Center – For a business that's growing, keeping track of prospecting activities can be difficult. QuickBooks now offers the Lead Center, where you can track multiple contacts and create to-do lists and notes about your leads.
Get time back and save steps:
QuickBooks Statement Writer – With the new drag-and-drop functionality, creating reports is easier than ever. QuickBooks Statement Writer is also included with QuickBooks Accountant 2012 and all versions of QuickBooks Enterprise.
Batch Timesheets – Do any of your clients have crew labor activities? Often, crew labor shares the same service items, jobs, and hours. You can quickly create multiple times sheets for vendors or employees with batch time sheets.
One-Click Transactions – Save time and improve accuracy with one-click access to related transaction activities. Need to create a credit memo? From an invoice, you can automatically create a credit memo and end the details as needed. QuickBooks 2012 offers more one-click actions to help you and your clients save steps.
You can learn more about all the new features in Laura's whitepaper, "QuickBooks 2012 What's New and Improved." Her new book, QuickBooks 2012 In Depth, will be released early 2012 and can be preordered on Amazon.
You may like these other stories...
Event Date: May 15, 2014, 1 pm ETThis presentation will review basic concepts of the FRF for SMEs and discuss the presentation of a statement of financial position. This webcast will focus on accounting policies for certain...
London Stock Exchange switches auditing to EYThe London Stock Exchange will drop PwC as its auditor and replace it with EY after completion of the audit for the year ending March 2014, Harriet Agnew of the Financial Times...
The Financial Accounting Standards Board (FASB) had hoped to issue a final standard on revenue recognition during the first quarter of this year. However, the standard-setting organization confirmed today that the timetable...
Upcoming CPE Webinars
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.