Sweet Success for Small Business: Updates to Quick Books Online Suite

Today Intuit announced updates to the QuickBooks Online suite of connected applications that deliver a personalized and complete financial management package to our more than 360,000 small business subscribers. The new features and enhancements make QuickBooks Online more powerful, more flexible, and easier to use than ever. Updates include:

Unlock data to save time on critical tasks. The new Downloaded Transactions feature borrows the ease of use of Mint.com to help small businesses save significant time with their banking in QuickBooks Online. Eliminating manual entry and minimizing errors, Downloaded Transactions automatically imports and smartly categorizes new transactions from a user’s bank and credit card accounts. After users categorize a transaction once, QuickBooks Online learns and applies the rule for future transactions. Users always control what transactions save to their books and can have the latest transactions at their fingertips without having to log into bank or credit card accounts online.

Small businesses can also get paid faster with Money Bar, another new feature. It centralizes income forms, including estimates, invoices and sales receipts, summarizes totals for due or past due transaction items, and then guides the user to take immediate action. A patent-pending status bar shows progress as the user banks income, tracking a transaction’s status from estimate to paid.

Complete more key tasks on the go. New additions to QuickBooks Mobile, such as the ability to record payments, provide total access to invoices and customer balances in QuickBooks Online. QuickBooks Mobile is a free companion app and is the most comprehensive mobile accounting solution of its kind. It is available on Apple and Android mobile devices.

Customize QuickBooks Online with third-party applications. New add-ons fully integrate with QuickBooks Online data to create tailored solutions that serve the distinct needs of every small business, including project management and inventory management. Businesses can try and buy apps at the Intuit App Center, including premier solution including Bill.com,Mavenlink, Salesforce for QuickBooks, and SOS Inventory.

Read the full news story here.

Get the New Intuit Small Business Blog App for Free on iTunes

Time is money, period. You need a reliable source of practical, accurate, and actionable small-business advice — one full of fresh ideas that nourish your entrepreneurial spirit and spark your creativity. And you need it on the go.

We’re proud to be that source for many small-business owners nationwide, and we have some exciting news to share: We’ve released an updated version the Intuit Small Business Blog app for iOS! The new mobile app is available now for free download on iTunes.

The updated app still packs useful, relevant, and timely content on topics like money management, marketing, employees, customers, and trends. It also features improved functionality to fit your busy life: Stories load faster, and sharing them with your social networks is seamless. We’ve also refreshed the graphics and cleaned up the interface design for your reading pleasure. (As before, you can save articles that catch your eye on the use Instapaper and read them when you find some downtime.)

We launched the Intuit Small Business Blog app in 2011 to provide you with insight and inspiration, including tips from other entrepreneurs and industry experts, on your mobile device. Since then, readers have called the app “addicting,” “priceless,” and full of “bite-size articles for the business person on the go.” Thanks for saying so!

We invite you to download the latest version today and become part of our thriving entrepreneurial community. We’d love your feedback, too. Share your thoughts in the Comments section of any post on the blog, or leave a review of the app in the iTunes App Store. Thanks again, and happy reading!

Quickbooks for Mac – Solve Company File Data Damange

   Note : You can contact technical support at 1-844-594-6063 – 24/7 Available.

There are many reasons for data damage but these are the main ones:-

• Error messages when opening and working in company file
• Company file is running very slow
• Converting the data from company file
• Amounts on the Balance Sheet do not match amounts on the specialty reports (A/R, A/P, Inventory, etc.).
• Reports do not show all accounts
• Deleted memorized reports still showing on the list
• Cannot edit or save a transaction
• Names are missing from lists

Solutions:-

1. The first step should be to check why you think that the file is damaged.
2. If there is affected company file which is less than 24 hours old, restore that file to a different location
3. If there is no backup of company file, make one.
4.  Verify the data and If the error b-check failed comes up then it means there is damage in the file and it needs to be rebuild
5. When rebuilding the data (message will appear when you verify in end).
   • Press Command+1. Record the file size, transactions, targets, and links before and after rebuild process
   • The file will become smaller, as Rebuild generally removes the unwanted parts of the file.
6. Before checking any reports, sort the Names, Chart of Accounts, Items, Classes, and Memorized Transaction lists
7. Run verify again because it can find the problems that Rebuild did not repair.
8. Open Hard drive> User> Library> Logs> QuickBooks.log.
   • If there is a damaged transaction, delete and re-enter the transaction
9. Use Custom Transaction Detail report and Sort by Type.
10. Look for file called not specified or transaction. if you find any  delete and re-enter
11. Make sure you have a backup then delete memorized transactions and reports
12. Run these :
    1. UN-categorized Expense: Run Quick Report on the Expense account.
       • Rebuild will usually show out-of-balance transactions in this account as a way to “balance” the transaction.
       • Look for transactions other than voided checks

In case still you face any problems after performing these guidance then call our experts at 1-844-594-6063, 24/7 support

How to choose Among Quickbooks Online or Desktop for your business

Note : You can contact technical support at 1-844-594-6063 – 24/7 Available.

Intuit has hugely launched and marketed its online version but all accounting professionals are not familiar with this version as many of users are using QuickBooks Desktop for a very long time but whether you belive or not but the online version is a big hit just after its release so I am providing you the comparison of features between the two products.

Why are they different

So here is a list of what these two products have common and different. 

 Common Features

Here is a complete list of common features in QuickBooks Desktop and QuickBooks Online

• Accepting credit card payments from customers
• Auditing the trail to track changes to transactions and lists
• Bank reconciliation
• Company Snapshot
• Custom field option available
• Express setting up the company file
• Multi user access is allowed
• Multiple windows at one time
• Online banking
• Payroll can be done
• Printing of Bills
• Recurring Billing / Memorized Transactions
• Zooming the details from reports
• Document managing
• Budget option is available
• Class Tracking (not available in QB Online Essentials)
• Create Estimates (not available in QB Online Essentials)
• Prepare and print 1096, 1099 (not available in QB Online Essentials)
• Job costing option
• Purchase Orders
• Invoicing
• Time tracking and billing by customer
• Reversing journal entries
• Memorized reports

Features in QuickBooks Desktop not available in QuickBooks Online

Here is a complete list of the features available in desktop version but not available in the quickbooks online version as of now.

• Cost inventory valuation
• Balance Sheet separated by Class
• Batch Invoicing available
• Batch Time-sheet Entry
• Billable Time and Expense preferences option
• Billing rate level available
• Business Planner
• Forecasting
• Calendar
• Change orders on Estimates
• Collections center
• Condense data file – but it isn’t clear to me if you actually would need this in QuickBooks Online?
• Available Quantity in Inventory
• Customer Snapshot
• Convert estimate to a purchase order or sales order
• Advanced Excel export that can update existing exported reports
• Industry specific reporting (lots and lots of industry specific reports here)
• Inventory assembly items, Bills of Material, the ability to build assemblies
• Inventory Center
• Lead Center
• Fixed Asset Manager
• Mileage tracking
• Multiple currencies
• Multiple ship to addresses for Vendors
• One click transactions (pay bill from bill, create credit memo from invoice, etc.)
• Price Levels
• Progress Invoicing/billing
• Receive partially against a purchase order
• Report Favorites
• Report – collapse rows
• Share report templates with Intuit community
• Inventory – reorder/rebuild points
• Shipping Manager
• Sales Orders
• Sales Order Fulfillment Worksheet
• Transaction History Panel
• Units of Measure

Features available in QuickBooks Online but not in QuickBooks Desktop

QuickBooks Online features that are not available in QuickBooks Desktop

• Remote access – you can do this with QuickBooks Desktop but you have to pay for the service but its free in online version
• Auto Send Reports
• Automatic upgrades
• Company Scorecard available
• Delayed charges/billing – enter charges to be billed later
• Income list/transaction center
• Invoice automation – automatically create invoice from unbilled activity
• More than one A/R or A/P account per journal entry

More Differences are still there

I have given you the complete list of differences which as per the software available today – please feel free to point out others but i don’t think any more would be there.

In case if there is any query just call our experts at 1-844-594-6063, 24/7 support