For the second year in a row, Intuit has given accountants a compelling reason to upgrade to QuickBooks for Accountants 2010. In addition to all the wonderful new features found in Quickbooks Pro and Premier 2010 this year, Intuit has added additional Data Review tools. customers and made improvements to Intuit Statement Writer.
If you haven’t yet upgraded to QuickBooks for Accountants 2009 and haven’t experienced the new Customer Data Review Tool, you’re in luck! My team and I spend most of the day troubleshooting common customer data entry errors that are easy to find but can take a long time to correct. That was before the new customer data review tools that were introduced last year. I didn’t think it could improve, but the improvements in the 2010 edition are incredible. It’s a must-have for accountants working with QuickBooks – we couldn’t live without it!
And for those of you who aren’t accountants wondering how this benefits you, you’ll end up saving money when you upgrade to 2010 because it will take your QuickBooks consultant much less time to identify and correct errors in your data file.
Here are the new features in QuickBooks for Accountants 2010 that we’re most excited about:
Expanded! Customer data review
It’s like a spell checker for your client’s QuickBooks files. Cleaning up errors in your clients’ files just got easier with the expanded Client Data Review (CDR) feature in Premier Accountant 2010.
On one screen, you have the tools to instantly focus on errors and reduce the time you spend reviewing transactions and reports.
- Reclassify hundreds of transactions or cancel multiple invoices, statement charges, and finance charges from a single window
- Identify negative inventory items in two clicks, then correct them directly in Customer Data Review.
- Identify and make adjustments to configure items incorrectly, including “one-sided items”
- Automatically correct incorrectly posted sales tax liability payments
- From QuickBooks Premier Accountant 2010, you can use Accountant’s Copy to correct and submit customer files from QuickBooks Pro and Premier 2009
For those of you who missed it, these tools are in addition to the 2009 customer data review tools that help you:
- Troubleshoot account balances
- Review changes to the list
- Correct errors with accounts receivable transactions
- Fix errors with accounts payable transactions
- Finding incorrectly paid payroll liabilities
- Reconcile customer accounts
- Locate discrepancies from the last reconciliation
- Set a closing date and password
Improved! Intuit Statement Writer
(included in QuickBooks Enterprise Accountant, sold separately in QuickBooks Premier Accountant)
Streamline the creation of strong financial statements. Intuit Statement Writer 2010 links your QuickBooks files to Microsoft Excel8 so you can create and update professional statements directly in QuickBooks.
- Create up to 16 extracts in one workbook and batch print your extracts and documents
- Build financial statements by class or by job, or as a combination of classes
- Access 50+ Statement and Document Templates Online
- Set ANY date range for statements, including 4-week months or 13-week quarters
- Send consolidated reports to clients in .pdf format
- Create Microsoft Word-based letters, covers and documents in your report and bring financial data from QuickBooks to your documents