QuickBooks 2018 is here with some great new features and a modernized user interface. With this upgrade, Intuit is trying to redefine the entire realm of digital accounting. QuickBooks 2017 saw introduction of some great features such as ‘show filter,’ ’communication tool’ and ‘smart search.’ These features were well received by the QuickBooks community.
QuickBooks 2018 has been tailored for small and medium sized enterprises. A plethora of new features have been introduced in order to redefine user experience for both accountants and non-accountants. Let’s look at some of these features in detail.
QuickBooks 2018 Release Date
Releasing the new version of QuickBooks in the last week of September has been a trend for Intuit. Hence, we can expect the same this time as well. Users can contact us or Intuit to know about free upgrade plans or discounts before the stable version is released.
QuickBooks 2018 New Features
1. Merge Multiple Vendors
The new version enables you to simply merge multiple vendors. Consolidating multiple vendors into one would make it easier for users to manage multiple vendors. Further, users can search for duplicate vendors and merge their records together. Records will be sorted according to time. At once, users can merge no more than 4 records.
2. Multi Monitor Support
To manage finances or to reconcile accounts, one may need to refer to multiple different forms and accounts. This can be simplified with the multi monitor support. Through this feature, users can view multiple windows of QuickBooks on multiple monitors. Hence, tallying transactions won’t be as onerous.
3. New Keyboard Shortcut
New shortcuts have been introduced in order to boost the productivity of users. Through these shortcuts, complete lines of transactions can be directly copied and pasted. Some of the new shortcuts introduced include CTRL + ALT + Y and CTRL + ALT + V.
4. Tax and Payroll Reminder
The inbuilt reminder can help you in running payroll and filing taxes before the due date. Hence, you can easily avoid tax penalties while protecting the goodwill of your organization. This feature is only available for Payroll users.
5. Chart of Accounts Search
Earlier, it could take minutes to search for particular accounts in QuickBooks. With QuickBooks 2018, the search feature for chart of accounts has been enhanced. User can search for a particular account through a partial name, full name or account number.
6. Switch Between Accrual and Cash Basis
Selecting the right basis for accounting can be a difficult situation for organizations. Accrual basis has always been the choice of medium sized enterprises whereas cash basis is preferred by small businesses. Now you can use both these accounting basis as switching between the two has never been easier. With QuickBooks 2018, users can switch accounting basis directly through the Reports window.
Note: Almost all of these features are available in US, Canada and UK version of QuickBooks.
Further, new features have been rolled out specifically for Enterprise version of QuickBooks. Without a doubt, order fulfillment with mobile barcode scanning is the best new feature for QuickBooks Enterprise 2018.
Enhanced Order Fulfillment with Mobile Barcode Scanning: Users can now scan items directly through their mobile phones. This feature is only available in the US version of QuickBooks Enterprise 2018.
Security is a major concern for most organizations. Security is indeed essential, since these books contain confidential information such as Personally Identifiable Information (including credit/debit card details, names and addresses of customers and vendors, and so on.) Intuit has addressed most of these security concerns via QuickBooks 2018. Email integration has been further secured. Further, encryption for Personally Identifiable Information has also been provided.
Need Professional Help?
We are promptly awaiting the release of QuickBooks 2018. Release date for QuickBooks 2018 hasn’t been disclosed yet. Still, a last week of September release is expected. To know more, or to get your version of QuickBooks upgraded, dial QuickBooks Error support phone number at 📞+ (Toll Free.)