QuickBooks 2023 New Features
QuickBooks 2023 New Features – The latest edition of 2023 was launched in September, 2022. Here are the relevant features!
Webgility
Need to integrate QuickBooks Point of Sale with your Webstore? You can take orders from your Webstore and pass it through to QuickBooks POS. This technology has existed for years. Over the last few years, Intuit partnered with Webgility to offer this service at a discounted price for its customers. Webgility is still offering it’s interface as a solution just as its done for years now. While you won’t have Intuit’s discount for Webgility, you can still purchase it into the future.
Webgility is just another example of a solution that will exist into the future. There are certified Proadvisors for support, and credit card processing.
Learn more at Webgility. Click here
Support for QuickBooks
Need Support for QuickBooks Point of Sale? While Intuit won’t support the software after October 3, 2023, it will continue to be supported by QuickBooks Proadvisors into the future. It’s available on a fee for service basis, and based in the USA!
There are thousands of advisors across the country that have been certified by Intuit to assist with QuickBooks. Intuit typically outsourced their support overseas. It’s quite an advantage to have stateside support. You will need to pay for the support, but it’s probably much less than investing in a new Point of Sale software.
Multi-Store Point of Sale
Are you running Multi-Store Point of Sale?
Good news: the Store Exchange process will continue to work after October 3, 2023!
In fact, you don’t need Intuit’s servers to share data with other stores. Intuit’s servers are a very popular method; however, it’s just one allowed option out of many already built in QuickBooks. Therefore, yes you can share data with other stores.
Here are the methods allows:
- USB Drive
- Network File Transfer (think Dropbox storage, etc)
We can help you configure any of the methods above. Just call!
QuickBooks Financial Exchange
QuickBooks Financial Exchange – For years now, Point of Sale has integrated with QuickBooks Pro, Premier, and Enterprise (all Windows Desktop applications).
Good news: If you have QuickBooks 2023, you can connect Point of Sale to it as normal. The integration will continue to work past October 3, 2023. Intuit won’t sunset the 2023 software until 2026 if history is any guide. You also have the option to connect QuickBooks POS to QuickBooks Online. Therefore, integration with financial software is not a problem either.
QuickBooks Online
– You can also integrate QuickBooks Point of Sale with QuickBooks Online! An additional fee applies for the interface, but it’s just another way to use Point of Sale into the future.
QuickBooks Desktop Sunset
Intuit typically sunsets its desktop software every 3-years. This means that QuickBooks Pro/Premier/Enterprise 2023 won’t be sunsetted until May, 2026. At the time of this post, the 2024 desktop Financial software has not been released. Very possible QuickBooks Point of Sale V19 would work with the newest 2024, but the remains to be tested.
Accept Credit Cards
Accept Credit Cards (after October 3, 2023)? You don’t need Intuit Merchant Service to process credit cards in QuickBooks Point of Sale. You just need to replace Intuit’s MID, and we can help. Your new MID will allow you to continue accepting credit cards like you always have. In fact, most of our customers are seeing lower fees with the new MID.
This is not limited to Credit Cards. You can also process the following:
- Gift Cards
- Debit Cards
- Apple Pay
- NFC
QuickBooks 2023 New Features
QuickBooks Enterprise 2023 Features
- Inventory – Expiration Dates on Inventory (Platinum/Diamond)
- Inventory – Inventory Categories (Platinum/Diamond)
- Approvals – Bills and PO’s. (Platinum/Diamond)
- Intercompany Transactions – (Platinum/Diamond)
QuickBooks Desktop 2023 (Pro, Premier, Enterprise)
- Payments – QuickBooks Node Reader – Swipe Payments from your Smart Phone and link to QuickBooks. Also, includes Apple, Google and Samsung Pay. The hardware only works with an Intuit Payments account and the GoPayment must be installed on your smart phone. *
- Payment Links – Request an electronic payment without having to create an invoice. *
- Banking API – Improved integration between QuickBooks and banking systems.
- Mileage Tracking – Electronic tracking makes it easier to capture all of your mileage and share with QuickBooks.
- Cash Flow Hub – Another great chart within QuickBooks to provide more information at a glance.
‘* Requires an Intuit Payment Account
Sales Tax Software
Does your business track Sales Tax?
Should it? Do you sell in multiple states? Don’t get caught off guard on this one because sales tax has become one hot topic.
Whether you’ve heard of the Supreme Court Case of South Dakota vs. Wayfair or not, it behooves you to spend some time on Sales Tax implications (unless you’re certain you have no exposure).
In addition to your local state, remote states are becoming very aggressive in terms of sales tax.
QuickBooks is only as good as what you tell it to track…..but you need to tell it to track sales tax.
If you’ve done payroll in QuickBooks, you’ll notice that Intuit updates your database on a regular basis for the latest changes in payroll taxes. What about Sales Tax? Who does this and when?
Enter AvaTax by Avalara.
AvaTax helps you to manage your Sales Taxes. It integrates with QuickBooks Enterprise and provides real-time calculations as you record sales transactions. The software also provides support for multiple states.
By combining the most robust solutions for accounting and sales tax, your business will spend less time on non-revenue generating activities and more time running your business.
AvaTax – $500 Rebate:
Special Avatax Pricing! Now thru December 31, 2018, you can purchase AvaTax at $400* per year per state .
AvaTax Extras:
- Nearly Unlimited Transactions (10,000 per year!) – Up to $12,000 Value!
- Free State Registrations – $280 Per State Value!
- 12 Sales Tax Returns Per Year- Up to $700 Per State Value!
Offer Requirements:
- Purchase Enterprise from us between September 24, 2018 and December 31, 2018. Save 20% Now.
- Purchase AvaTax by Avalara using this link. Click Here.
- Avalara will send you a $500 gift card as a rebate when you go live!
- One rebate per QuickBooks Enterprise Subscription.
- New Customers Only. Prior purchases of AvaTax or QuickBooks Enterprise are not eligible.
- Rebate subject to returns of either QuickBooks Enterprise or AvaTax.
- Offer ends December 31, 2018.
QuickBooks Enterprise Electronic Picking Video
Say goodbye to printing paper pick lists. With QuickBooks Enterprise, you can now use a Zebra MC40 mobile device for picking inventory and updating QuickBooks.
This is a short introduction to Picking Inventory in QuickBooks with Zebra MC40 (or Android Device).
Summary Process:
- Create Sales Order.
- Assign a site location and a Picker’s name.
- Warehouse staff updates Zebra MC40 (or Android Device) for picked inventory.
- MC40 Updates QuickBooks Order Worksheet and Sales Order.
- Pack and ship order.
- Create invoice in QuickBooks based on picked quantity from Sales Order.
This requires the Platinum Edition of QuickBooks Enterprise 2018 and Zebra MC40 Mobile device (sold separately).
Need more information? Please contact us anytime!
Video prepared by Intuit Inc.
Try it for Free! Android Compatible.
Do you have an Android device? If yes, just go to the Google Play Store. Install the App: “QUICKBOOKS DESKTOP WAREHOUSE”, and Pair the Device.
- Requires 4.4 Android OS or higher.
- Wifi Connection
- 2018 Enterprise Platinum (Call us if you need a free trial).
Note: Scanning will not work on your Android Smart Phone. You will need our Zebra MC40 for scanning feature.
Compare QuickBooks POS Desktop to Revel’s iPad system
If you compare QuickBooks POS Desktop software to Revel’s iPad, there are usually one or two deal-breakers that are identified right away. While they are both POS systems, they deliver the features in different ways and some of those features are more useful to certain businesses than others.
Compare QuickBooks POS Windows “Desktop” vs. Revel POS iPad “Cloud”
Cost –
Hate subscriptions? While Revel’s POS offers monthly subscription plans, the payment never goes away. It’s very common for total cost over 3 to 4 years to exceed QuickBooks Desktop. The on-boarding costs in Revel are difficult to avoid…even if you’re the ultimate do-it-yourself owner.
QuickBooks POS desktop software has traditionally offered one up front payment, but allowed you to run it multiple years. Also, QuickBooks POS may have its own complexities, but many businesses have been able to get it up and running without incurring professional service fees.
Business Type –
Revel’s iPad solution fits the requirements of Restaurants, Bars, and similar type businesses.
QuickBooks POS just is not suited for some business types. However, it you’re a traditional merchandise retailer, you’ll find that QuickBooks POS will perform nicely for a lot of retailers.
Technology –
Revel’s POS is a cloud based system, meaning you can manage your company’s back-end data anywhere with an internet connection. The iPad software is updated automatically for you (back-end and iPad front end). So it really takes you out of the IT business in terms of software maintenance.
Are you Windows PC savvy? QuickBooks POS desktop software is PC Windows based software. If you have multiple users, you will need to use a Local Area Network. This will increase your costs if you cannot set this LAN up yourself. If you’re just a single-user operation, then a LAN won’t be needed anyhow.
Mobility –
Revel’s iPad offers mobile solutions, but they also cost more, both upfront and ongoing. Also, here’s a misnomer. Most people consider the iPad mobile inherently. However, the “base unit” iPad is designed to be stationary (see photo above). If you need true mobility, then you will need to purchase additional ‘mobile’ units (at least at the time of this writing).
Comparing QuickBooks POS desktop mobility to the iPad, you might hit the same issue. Solutions exist, but you pay for mobility. Once you purchase at least 1-user of the desktop software, you can add-on 3rd party mobile units. However, most costs happen up front to buy the mobile units.
QuickBooks POS also offers “Multi-Store” features. This option allows you to do Road Shows while leaving your brick and mortar store in place. The Multi-Store feature brings an element of mobility using desktop software.
Credit Card Payments –
Revel can accept credit card payments while the system is offline. This might pose a risk. These data are batched and processed at a later time because the internet connect is lost. If those charges are later denied (when the customer is gone), the business owner might be left holding an empty bag.
QuickBooks POS solution offers a backup in the event of internet outage. If you lose your internet connection, you can still accept payments in real-time using a backup system with QuickBooks. It’s called Go Payment and works through your smart phone. Therefore, it’s very possible to continue making sales, but taking credit card payments on your smart phone until service is restored. Not perfect, but at least you’ll know if the charges are approved in real-time while the customer and card are present.
Scalability –
Revel’s POS will grow with the largest businesses. For this reason, it may not even play in the same space as QuickBooks POS. It’s marketing toward larger companies that need robust scalability and can afford it.
QuickBooks POS will be limited to 20 total stores sharing data with each other.
Compare QuickBooks POS for Windows PC – Example Package
Legacy DIY Solution. You install the software and maintain your own computer.
Here comes QuickBooks Online!
Is QuickBooks Desktop software dead? Not right now, but the writing is on the wall: here comes QuickBooks Online.
Intuit’s recent announcement regarding its QuickBooks software for the Mac sends a strong message. Intuit recently announced there won’t be a 2018 version of QuickBooks for the Mac. It has already skipped 2017, and now 2018 for the Mac.
Keep in mind, Intuit has regularly released new software in the Fall of each year like clockwork.
What does this mean for Mac users? In the next few years, you should plan on moving to the Cloud (AKA: QuickBooks Online), or purchasing a Windows PC. If you purchase a Windows PC, you can purchase the latest edition of QuickBooks Pro, Premier, or Enterprise.
What does this mean for Windows PC users? You have a stay of execution. You have to remember, there is a huge user base that still use QuickBooks Desktop. Unofficial numbers estimate a user base to exceed 1 million desktop users. These existing users may be the last to ‘adopt’ the cloud platform. However, Intuit cannot afford to ignore them either. So, the Windows PC Desktop software will continue to live-on for the time being.
The Future: “QuickBooks Online”. The sales in QuickBooks Online has been growing like gangbusters. While the QuickBooks Desktop software should exist in some form, Intuit’s signal is clear. Its priority is to develop the features in the cloud based software: QuickBooks Online.
While it may take a few years for QuickBooks Online to “catch up” with the features in Desktop software, it’s only a matter of time at this point.
QuickBooks Enterprise Users? These folks will be last to migrate. Moving to the Cloud will primarily affect QuickBooks Pro and Premier users first. Users of QuickBooks Enterprise will probably get many more years of service than the former.
QuickBooks Enterprise is the most developed and feature rich. Therefore, getting those features to the cloud will require much more time.
Just like the Automobile brought freedom and mobility to the rural farmer, cloud-based applications will allow businesses the freedom and mobility to work anywhere. Stay tuned.