QuickBooks 2023 New Features
QuickBooks 2023 New Features – The latest edition of 2023 was launched in September, 2022. Here are the relevant features!
QuickBooks 2023 New Features – The latest edition of 2023 was launched in September, 2022. Here are the relevant features!
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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.
Special Avatax Pricing! Now thru December 31, 2018, you can purchase AvaTax at $400* per year per state .
AvaTax Extras:
Offer Requirements:
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 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.
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.
Note: Scanning will not work on your Android Smart Phone. You will need our Zebra MC40 for scanning feature.
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.
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.
Legacy DIY Solution. You install the software and maintain your own computer.
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.