QuickBooks Desktop 2020 - An Early Look

by Thomas G. Stephens, Jr., CPA, CGMA, CITP | Oct 23, 2019
quickbooks_desktop_2020_blog_vertical_250x350

Intuit released the 2020 version of QuickBooks Desktop in September 2019. As with prior releases of the application, the 2020 versions of QuickBooks Desktop Pro and Premier and Enterprise 20.0 contain several new features and improvements to assist small businesses and their accountants in managing operations and finances. Following is summary of these new features.

QUICKBOOKS DESKTOP PRO, PREMIER, AND ACCOUNTANT 2020

Automated Payment Reminders: If you spend a lot of time following up on accounts receivable, payment reminders automate the most painful part – identifying overdue invoices & composing emails. You can schedule, review and send payment reminders to your customers for their due/overdue invoices.

Automatically add customer PO# to Invoice emails: If you work with customers who need to connect purchase orders to their invoices, you can make life easier for them by adding their PO number as the first thing they see in the subject of invoice email.

Combine multiple emails: You can improve customer service by combining all invoices meant for a single customer into one email just by checking a box.

Company file search: Easily find and open your company files with the addition of a file search option on the No company open screen.

Easier Admin password reset: Company File Admin Password can now be reset without needing to enter a long list of information to make sure it’s you! Just pick your email from a drop down list of emails registered with your QuickBooks and enter the token you’ll receive to reset your Admin password.

Enhanced Accessibility: Accessibility enhancements to improve usability for vision-challenged users on the Bills, Invoice and Write Check screens.

Collapse columns in reports: If you have complex reporting, you can now collapse columns in reports with jobs and classes to view customer totals or class totals without scrolling or exporting to Excel.

Payroll status for direct deposit enabled customers: Be confident of your payroll run by viewing the detailed status of direct deposit payroll run without having to check emails or calling support.

Smart Help: Press F1 for improved content and search experience, or access care agents through messaging and call back options.

QUICKBOOKS ENTERPRISE SOLUTIONS 20.0

QuickBooks Enterprise Solutions 20.0 contains all the new features outlined above for Pro, Premier, and Accountant. In addition, Enterprise Solutions adds three features that will be of particular interest to those companies using Enterprise Solutions to assist in managing inventory.

Express pick-pack: You can complete the picking and packing operations as part of single workflow making the process faster and enabling the same person to perform the picking and packing tasks. This is in addition to the existing workflows.

Landed cost: This feature allows you to have greater visibility into actual product costs by factoring in freight, duties, insurance, and other miscellaneous costs incurred during the purchase cycle. The actual cost of goods/inventory items can include many other charges in addition to the purchase price. With the landed cost feature, you can allocate these additional expenditures and costs to your item bills and keep a track of all expenses.

Alternate Vendor: This is an enhanced way to manage your vendors and make sure you’re choosing the right vendor when buying inventory items in QuickBooks Enterprise Solutions.

SUMMARY

Though not all the new features will be needed or used by all QuickBooks-based companies, it is clear by adding these features remains committed to small businesses using the desktop platform of QuickBooks. Therefore, if you are working with a desktop edition of QuickBooks, you should weigh the merits of upgrading to the 2020 release to ensure that you have the opportunity to be as productive in QuickBooks as possible.

Stephens_TommyTommy is one of the shareholders in K2 Enterprises, affiliating with the Firm in 2003 and joining as a shareholder in 2007. At K2, Tommy focuses on creating and delivering content and is responsible for many of the Firm's management and marketing functions. Tommy resides in the metro Atlanta area. You may reach him at tommy@k2e.com.

Learn more about cloud-based accounting solutions and many other technology topics at the 2019 Technology Conference presented by K2 Enterprises, November 21-22, 2019, at the Lynnwood Convention Center.

You are not allowed to post comments.