Last updated on July 18th, QuickBooks is a well-known accounting software developed by Intuit. Every year, Intuit releases new versions of QuickBooks that bring value to customers and improve their day-to-day business operations.

This year, in September, Intuit released its latest QuickBooks Desktop version packaged with a variety of enhanced features that enable automation in the tasks, saving time and boosting work efficiency.

Although every version is power-packed and caters to the different requirements of the business, the upgrades help to continue the business operations seamlessly. Bank Feeds in the QuickBooks Desktop is the online banking feature that helps you connect credit card accounts to online banking.

Select Edit from the Menu bar, go to the Preferences option, click on Checking. Select Advanced mode and launch Bank Feeds from the banking option in the Menu bar. As the name suggests, Payments Reminders and Statements is a feature that enables professionals to remind their customers about their overdue payments. Choose schedule payment reminders from payment reminders through the Customers menu.

You will be shown a pop-up — Automate sending statements and get paid faster. This Automatic Statement feature was not available in Accessing receipt management is easy by selecting the Vendors option from the main menu that will land you to the Receipt Management option.

Customer Groups is a feature that helps bifurcate the customers and create groups depending on the fields such as balance, type, etc. Such a feature was not available in the and version. This new feature saves time by automating recurring statements to the different groups created depending on their payment tendencies. In the previous versions, you could gain access to the website directly from QuickBooks. This feature is newly introduced in the QuickBooks Desktop version and was not available in the previous versions.

You can download it from a renowned source. To start the installation process, launch QuickBooksToolHub. Though round-the-clock support is always made available by Intuit, fixing bugs in the tool hub is another new feature in Let us draw a comparison between QuickBooks , , and with the help of a table:.

This article provides a comparison between the three versions of QuickBooks from subsequent years. If you are a business owner and a fan of QuickBooks, this article might provide a jest on the best version for your business. If you are looking to buy QuickBooks or looking to host your QuickBooks on cloud , do not hesitate to reach out to our Solutions Consultant at QuickBooks vs.

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Quickbooks desktop 2020 vs 2021.QuickBooks 2020 vs 2021 Comparison, Differences, Features

 

Intuit launched the latest version of QuickBooks on September 21, QuickBooks users can take advantage of payment reminders for scheduling statements. These can help businesses let their customers know when their invoices are due for payment.

This feature is accessible from the menu bar under Customers. With this feature, statement emails can be customized for each customer. They can be reviewed and sent directly from the QuickBooks interface while performing the Automated Statement setup. Bank transactions are automatically categorized with newly added features such as enhanced rules, batch editing, and advanced matching capabilities.

The enhanced rules improve the flexibility and efficiency of searches based on definitions and categorization criteria. QuickBooks Desktop allows users to create and classify receipt expense transactions with QuickBooks Desktop mobile app.

The app can capture images of receipts and simplify the process of categorization, review, and management of several of them simultaneously. QuickBooks users can now create customer groups based on specific criteria such as customer type, status, location, sales rep, and balance, to manage and automate their communications using rules.

It is now possible to customize and format payment receipts. This includes the ability to add logos and use the Layout Designer tool to modify formats to create professional and consistent receipts for different customers. Receipts can be customized using the Customize Data Layout option in the Formatting tab that appears on the ribbon toolbar on clicking Payment Receipt or Receive Payments in QuickBooks Desktop , Accountant , and Enterprise Attachment and invoices can be previewed in the Send Invoice view automatically without having to manually open them outside QuickBooks for verifying the accuracy of the contents before emailing.

QuickBooks Desktop Manager is a tool that simplifies the process of installing and upgrading QuickBooks Desktop products. While you do not need a license to use the tool, it can be used by anyone using any version of the QuickBooks Desktop product from the year through the latest QuickBooks Desktop version to find and install non-subscription owned and supported subscription versions of the product. QuickBooks Tool hub is another collection of tools that can be used to fix most of the errors and issues with QuickBooks Desktop products.

The tools available in it have been updated to troubleshoot issues with all versions QuickBooks Desktop, starting from QuickBooks Desktop , which are supported by Intuit.

QuickBooks Desktop Enterprise Users can then be assigned to these roles. With this feature, it is possible to view, edit, or delete access from a group of customers, and increase the security and confidentiality of data by restricting access to specific data, transactions, and reports. In addition to item name and description, it is now possible to automatically add sales prices on printed barcode labels with QuickBooks Enterprise This increases the price visibility of products.

While this feature was already a part of QuickBooks Desktop Enterprise Alternate Vendor column can be added to Inventory Stock Status by Item or Inventory Valuation Summary reports using standard reports customization methods. While QuickBooks Enterprise The setting can be enabled either from the Company Preferences tab or Items List.

In QuickBooks Desktop Enterprise It is now possible to calculate landed costs for vendor bills even in closed accounting periods. The feature is accessible from the Advanced Inventory Settings. With QuickBooks Desktop Enterprise Payment reminder automation allows QuickBooks Desktop for Mac users to send reminders automatically to customers when their payments are due. It can save time in follow up. This feature was previously restricted to QuickBooks Desktop, and Mac users did not have access to it.

Some customers have trouble in making e-payments. With the latest version of QuickBooks Desktop for Mac , it is possible to send statements to customers with payment links to an online portal. This eliminates the hassle of manually visiting a page and entering their details as customers can be redirected to the portal straight from their email. This feature, however, requires QuickBooks Payments service that is sold separately.

QuickBooks Desktop for Mac users can send several invoices simultaneously in a single email. All the invoices can be attached to the same email within the QuickBooks for Mac interface. Not only does this reduce the manual efforts involved in attaching invoices individually, but it also helps businesses receive their payments faster. It is now possible to categorize transactions based on specific sales tax codes for tracking out of state orders, multiple districts, and non-profit organizations.

This simplifies the process of identifying payment liabilities using the sales tax codes in your Sales Tax Revenue Summary in QuickBooks Desktop for Mac This capability is a much more efficient way to restore QuickBooks files on Mac machines than the previous method that many users have found to be cumbersome.

Many QuickBooks for Mac users have found it difficult to locate their company files on their system. There was no built-in capability to search and discover QuickBooks files for Mac machines. Users had to navigate their folder structure. With the company file search feature in QuickBooks Desktop for Mac , users can simply type in the name of the file they need, and open it within the QuickBooks interface. Request for price promotions. Need help? Call now! Show Menu. Submit Inquiry. Comparing QuickBooks vs Features QuickBooks QuickBooks QuickBooks Desktop Bank feed improvements Enhanced rules, batch editing, and improved matching for automatic bank transaction categorization Receipt management New receipt management feature to automatically create and categorize receipt expense transactions Custom groups New rule-based customer groups to find customers matching appropriate criteria Statement automation Automated statements with payment reminders Receipt customization Customizable payment receipts for forms with the ability to control formats and information in them Invoice and attachment preview Automatic preview of invoices in Send Invoice view QuickBooks Desktop Manager QuickBooks Desktop Manager to find and install QuickBooks products using a single tool Enhanced QuickBooks Tool hub Improved QuickBooks Tool hub for fixing common problems and errors Features QB Enterprise Simplified payments Email statements with payment links Invoice consolidation Send multiple invoices in easy-to-process emails Sales tax codes Simplified sales tax code tracking Electronic s filing Reduces processing time and increases compliance Reusable email templates Improves communication with customers Enhanced One Click Memo function One click merchant service charges refund Company file search Helps in locating and opening company files quickly Backup file restore wizard Simplifies QuickBooks files restoration.

Bank Transaction Categorization. Simplified Receipt Management. Rule-based Customer Groups. Customizable Payment Receipts. Invoice and Attachment Preview. QuickBooks Desktop Manager. QuickBooks Tool Hub. Barcode Price Labelling. Alternate Vendor Reports Improvements. Landed Costs Enhancements. Improved Company File Management. Simplified Payments. Invoice Consolidation. Backup Workflow Restoration. Company File Search. Submit Your Requirements. Number of Users:. Name of Company:.

Trusted by:. Serving Over 10, Businesses in more than 90 Countries. QuickBooks QuickBooks Desktop. Bank feed improvements Enhanced rules, batch editing, and improved matching for automatic bank transaction categorization. Receipt management New receipt management feature to automatically create and categorize receipt expense transactions.

Custom groups New rule-based customer groups to find customers matching appropriate criteria. Statement automation Automated statements with payment reminders. Receipt customization Customizable payment receipts for forms with the ability to control formats and information in them. Invoice and attachment preview Automatic preview of invoices in Send Invoice view. QB Enterprise QuickBooks Enterprise Specific.

User role management Advanced data level permission control for improved security and confidentiality. Improved file management capabilities Batch delete sales order to improve client file management efficiency.

Barcode labelling Barcode price labelling for better pricing visibility. Alternate vendor reports Improved alternate vendor reports for making informed purchasing decisions.

Landed cost feature enhancement More control and flexibility for landed costs calculation. QuickBooks Mac QuickBooks for Mac. Automated payment reminders Improves efficiency of sending reminder emails. Simplified payments Email statements with payment links. Invoice consolidation Send multiple invoices in easy-to-process emails.

Sales tax codes Simplified sales tax code tracking. Electronic s filing Reduces processing time and increases compliance. Reusable email templates Improves communication with customers.