QuickBooks accounting system provides companies the opportunity to handle their bookkeeping in-house. Unfortunately, research shows on average, that businesses only use about 20% of the software’s potential. Through the use of QuickBooks, you will save hours of valuable time and increase your operating efficiency. Leverage the software to have the greatest impact for your company. Here are some of the new features QuickBooks will offer in 2012.
1. Adjust Price of Items by % – You can now adjust the price of items by a percentage in a certain time period.
• For example, if you want to increase the price of hammers by 3% each year, you can have QuickBooks automatically update that for you at the click of a button.
2. Create Batch Timecards – If you have several employees working the same hours at the same location/on the same job/etc., you can now enter the information once, choose which employees have this information, and QuickBooks will fill in the rest!
3. Custom Reporting – My favorite update! Now, when you make a change after exporting a report to Excel, there is a new tab in Excel that will allow you to update the changes from QuickBooks. So, you no longer have to delete the report and create a new one. Genius!
4. Find and Select Items – When invoicing a customer for items, you can now “find and select” items by name.
• For example, say you want to invoice for every item that had the word “anchor” in the description. You can “find and select” anchor and all items will pop up.
5. Document Management Center – This allows you to scan documents directly into QuickBooks and drag & drop documents into QuickBooks. Access it from the “Doc Center”. There is an additional fee charged for this feature. If you want to go paperless, just give us a call. We can help you with that!
6. Create Credit Memos from the Invoice Screen – Great new feature! Just go into the invoice that you are crediting and click “create credit memo”. This literally eliminates about 5 additional steps that were needed before this feature.
7. Calendar – QuickBooks now has a calendar function built in. This feature does not sync with Outlook…yet. But won’t that be spectacular when it does?
Good business decisions are made with good information which is why it’s important to get it right and use it! If you need more help with your QuickBooks or any of the new features, please give us a call. We would be happy to help!
