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What's New in QuickBooks 2010?

New Features in QuickBooks 2010

Intuit Statement Writer –

Intuit Statement Writer is a payment service provided by the 2010 version of QuickBooks.

A wizard of financial statements and disclosure documents, Intuit Statement Writer 2010 is brand new in the accounts of the first Minister in 2010.

• Create up to 16 accounts in a book printed in batches and the statements and documents
• Generate financial statements on a class or function of each job, or a combination of classes
• Access to more than 50 templates and reporting Online
• Set a date range for reports, including the months of four weeks or 13 weeks quarts
• Send a summary report to customers in pdf format.
• Create letters in Microsoft Word Based on the cover and the documents in the report and take QuickBooks financial data in documents

Train professionals in the financial statements sheet calculation, reporting, download changes made to worksheets and spreadsheets QuickBooks QuickBooks, identify the costs or income from total expenditure is easy with the drive Intuit Statement.

Although this feature is available before exporting the financial statements of spreadsheet but was unable to update the changes or find breaks in the details using QuickBooks. Each time, if changes were made in QuickBooks, he was necessary to export reports to the new worksheet.

There are commands or font size, rows, columns and cells largely available in Microsoft Excel spreadsheet, but can not be used when you work with Intuit Statement Writer. Because Intuit Statement Writer includes a set of activities Font size, add or delete rows, columns and cells associated with financial statements using the Declaration recorder.

It is easier and more convenient to send financial statements Balance sheet, Income statement, the current budget, letter, audit report and many other states for final review and presentation to stakeholders partners, other judicial authorities, which was not previously possible with the export spreadsheet.

All changes and the filter is in QuickBooks and later exported to a spreadsheet, if information is changed or added, once more the old states are replaced by states new repo. This problem was solved with the Inuit printmaker Declaration.

In all grounds is to gain time over two hours per customer. The comparison of the percentage reporting and calculation of variance, and combination of accounting separation, classification and working classes, the choice include the date, month, quarter or year wise, review reports, collection reports and keep the tax returns.

The New Intuit Statement Writer is a great tool for customizing QuickBooks statements. Financial statements Designer and added features to the most wanted writer that the statement of work in Excel. Now are a variety of Excel commands to continue the work that is created quickly and easily.

A large customers require real budget. Previously, the writer has created everything in the previous report, but download in Excel and then do a quick look at his files Budget and merge files. With the budget to actual data in the State Writer, saves 2-3 hours per client.

The financial statements Statement created with Writer can be saved as a PDF sheet on any drive on your computer. You can define preferences preferences general diagnosis of the plant and storage location, format, accounting information with name and address, header and Footer page to be visible in the financial statements.

Resources are also available online Help Community SIA, SIA Support Help texts indexed and additional templates can be downloaded.

Review of customer data -

Similar spell check files QuickBooks customer, client data review to help you find and correct errors in the comments of customers with 4 new tools in the accounting of Premier 2010.

• Reclassification of hundreds of transactions, or discharged several invoices, reports expenses and financial charges from a single
• Identify items on the inventory negative in two clicks, then directly customer review data
• Identify and make adjustments to determine erroneous articles, including "Articles of a side"
• Automatic correction of improperly reported sales Tax liability payments
• From Premier Accounting 2010 Use Copy and cons set to send files to QuickBooks Pro 2009 and Premier customers

Clean Up, it takes an average 4 hours per client, advising, consulting, looking invoices, bills, receipts, checks, analyze and confirm the authenticity of transactions before composed for the reconciliation or the registration of a transaction.

Account balance for working with problem solving, reclassification and permanent job running example, the list of the examination of the High, changes, deletions and joined the accounting, elements, capital, equipment, payroll, customer and suppliers.

Accounts receivable are not applied to define customer payments and appropriations, funds not deposited clear-up, the AR Aging Report detailed examination may be applied, and self-examination.

Accounts Payable to determine payments and unused credit providers, 1099 Correct assessment and mapping the account, AP Aging Detail Report Review

The sales tax overpayments to find and adjust the sales tax, the sale or identification of payroll taxes or worse

Inventory number of adjustments, monitoring of quality used and sold or adjusted.

liabilities pays so badly paid, the configuration of employees, after testing of the payroll is

Bank reconciliation cleaning tasks to locate and review controls missing gaps

To remove bad loans, collectively and record details in a PDF file for reference and details are stored as notes in the respective documents. Void checks clear

The average time saving reported by actual users of client reviews data to monitor the list of changes, and finding the exact location of the gap in the last quarter of the year or the customer file cleanup.

Any period of consultation may be made using the accrual or cash and the state is also maintained for comments on the Panel notes that the notes added audit trail, the review is available for referrals.

Again, this feature is also to gain time to review data and analyze the mass or complete transactions and at a meeting or during the audit, even though most reviews are conducted periodically by accounting daily, weekly or monthly, it will save time to clean all tasks at once.

Records Management –

QuickBooks 2010 adds an integrated document management system, QuickBooks is very easy to use.

A document management system (DMS) is a program that is used to store documents and / or images of paper documents. This may be a valuable tool for businesses. If a client organization refers to a bill, I want to be able to see OP quickly. If the budget documents for customers and create the necessary support to enable access to these documents when you work with the estimate. A DMS help organize this information and, when integrated with QuickBooks, we associate the transaction documents or other documents in QuickBooks.

The href = "http://www.cosmicitservices.com"> QuickBooks document management feature is a subscription service is available for a price (a limited amount of free storage is available) and must be connected to the Internet, the documents are stored in the place Working Intuit. It is a center of online application that Intuit used to provide the "cloud" articles online.

Electronic documents to QuickBooks cutting operations to stay organized and save time to find what is needed. Scanning documents directly into QuickBooks, or attach electronic files on the PC.

• Keep receipts, statements and more online (In the Internet cloud) to facilitate the sharing
• Easily attach documents to any customer, supplier, employee, or transaction account
• tens scanning Documents at the same time – just insert blank pages in the middle and QuickBooks creates individual files7
• Keep important documents in fingertips and online backup
• Optimize the collection and documents corresponding to the customer for specific

The connection function or other relevant documents are available for customers, suppliers and employees. All contracts or agreements of sale purchase, description customer or supplier of store in QuickBooks.

Attach a document to the transaction, deleting a document attachment, or even see the attached document.

There are three options include a document:

• Open the file dialog local file to attach a file to your computer. Note that if you use a scanner without the support, would save the analysis in a file and attach this way.
• Scanner   will scan the document directly from the scanner compatible TWAIN.
• Inbox online document contains documents that have been added before associated a transaction or a list.

Note that in the bottom of the screen indicates the storage space used, and how much is available. The fresh pay based on the amount of storage you use.

A detailed description of employment or work in the annex of invoices, sales receipts, purchase orders, quotations and sales orders a number of documents can be attached.

It was a bit odd to send QuickBooks documents, or open the market to review terms and conditions of accounts payables in QuickBooks. But the use of document management attachments can be found easily, bin entry documents online, the user can be created and managed, and more Public Utilities and Documentation Center icon in the toolbar.

Document Management Center provides a series of filters to refine your view. for example, to select only those bills or invoices for a particular client, have the ability to enter descriptive information for each document.

Using the Inbox

Add documents to database records directly without going through QuickBooks. In Central Document Management, click Add it to your inbox.

Share Documents

A characteristic important program is the ability to share documents with others without giving them access to all set of documents. Select document in the Document Management Centre and select the "action. This opens a window that allows us to introduce an e-mail and a message – QuickBooks'll send a link to the document.

BAD POINTS

• No local database, Intuit and depend on the security and safeguards. For some, this may be a problem. For others, it is not. Decide if is the business model. Note note that Intuit has a line of highly secure database.
• If you stop paying for the service, you lose access to documents.
• Unable to create folders that are not QuickBooks, so they can not attach files to something unrelated to QuickBooks.
• No luck Adding columns to define themselves other types of information to track documents.
• The product does not integrate with Microsoft Office, unlike other products (such as more paper). If you have an e-mail in Outlook, for example, must be printed in PDF, then attach separately.
• This a new product, while others have lived longer.

Price

As reported in Web pages or ads the initial costs of this service:

• Songs for a maximum of 100 MB of storage.
• $ 4.95 per month for up 500MB of storage.
• $ 14.95 per month for up to 1 GB of storage.
• $ 29.95 for up to 5GB of storage.

Is this a good deal?

• It is certainly worth watching if you need this type of service. This is an example of a "cloud" application Intuit be based only push too hard. This is the direction that the power in the future for other products.
• You can not download a copy of documents on a local disk. (It is available in beta test).
• For local storage, or have no Internet connections, watch Paper More (reviewed here). If you need integration with Outlook, look at Paper Plus
• At this time the product has a discount Intuit SmartVault month, But would not surprise me if the company changes its pricing structure.

Add or edit multiple entries -

Copy and paste from Microsoft Excel directly into QuickBooks lists of keys with the Add / Edit the list of multiple entries. You can also use format new table to enter new data from the QuickBooks list faster.

• Connecting elements, customers, suppliers or data using an array of improved
• Copy and paste lists of lists of Microsoft Excel directly into QuickBooks
• Create entry in the list below to easily copy the changes in many

QuickBooks now offers a spreadsheet view to quickly enter and edit customer supplier, item, or account information. It can be modified in duplicate existing items, such as client work. Even paste information Excel list.

See calculation sheet is a great way to update customers and jobs, suppliers, service items, inventory parts and parts not inventory.

Select columns to display and place the order that best meets the needs. You can copy and paste data from one record to another. This can be useful for a one update a group of records. Instead of editing Each registration is simple copy and paste, even when data is pasted from a dropdown.

A "Copy to down "command can be used to copy the same data at the end of the list. But these data also overstore existing field for all elements this list.

Even data can paste directly from Excel to add or edit the lists. But make sure the columns in Excel are columns displayed in QuickBooks. The header of the column must not be copied in QuickBooks. After copying, QuickBooks notifies you of any error in the copied data. You can correct mistakes in QuickBooks or close Add or edit multiple entries and cancel all changes made since the opening of the form.

Users can save time by publishing several long lists of items, customers or suppliers, rather than editing each item individually. You can also copy and paste data directly in QuickBooks from Excel with a single click, eliminating unnecessary steps to enter data directly.

The Add / Edit List function of several inputs is one of the biggest changes over the years. It is much easier to add clients, suppliers and sections at a time instead of going into each and savings, then add the following line. Wow, what a time saver!

Access this feature in the menu list -> Add / Edit List multiple entries to display the next screen. Use the drop down menu list, You can choose to work with the following lists – Customers (and jobs), suppliers, service items, parts inventory and non-inventory.

Customizing Forms -  

More customization options, including design free professional models commonly used forms such as invoices and estimates, to give QuickBooks users the ability to apply the same design in multiple ways at once. Those who want to help design a unique look can connect with a community of professional designers through Intuit creative solutions.

Company Snapshot –  

QuickBooks users can now create a custom report to display on your computer screen, which gives an immediate view of their business experience. Previously, the snapshot of the company was not a static view can be customized. Users can choose from several reports, including new spending and annual comparisons of income, expenditure and a detailed breakdown of revenue and a list of best customers. In addition, Reports can be changed instantly.

The new snapshot Company provides information very click of a button. This is an ideal place to go to identify problems or simply to identify strengths and weaknesses of the company.

Report   Centro –

  This radically redesigned Report Center gives users access to more than 100 reports and makes them easier to find the right ratio to make better decisions. Different points of view easier to navigate quickly between the reports. These include a Carousel View navigation in the reports, a list view to display all reports at once, and the "vision Favorites" to track reports of frequent use. A new search function allows users to find specific information related you want.

About the Author

VP-ops

He holds a Post graduate degree in Commerce from   Mysore University as well as a Masters Degree in Business Administration with   specialization in Finance. He also holds certifications from AMFI and NCFM.Santhosh joined cosmic with over 4 years of experience in US accounting and   Taxation that he gained through his work experience at M/S. Ernst and Young. He   brings strong process discipline in both the technological and operational   aspects of our service.
       
He has the credit of being a Charter President of Rotaract Club Mysore   South-East RI Dist.3180 (Youth wing of rotary international) and Presently   serving as Zonal secretary (Chamundi Zone) interacting with all top business   community of Rotary and Rotaract Family

 

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