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Product Release
product update

May 2024 Product Update

New! Spreadsheet Sync

QuickBooks Online Advanced

Spreadsheet Sync is set to change the way you use QuickBooks with Excel. Using Spreadsheet Sync you can move data back and forth between QuickBooks Online Advanced and Excel, creating another level of functionality and reporting possibilities. 

Connecting Advanced to Excel is easily enabled through the Spreadsheet Sync option in the Settings area or heading into the Reports area and clicking on the Spreadsheet Sync tab.

After establishing a connection, you'll have access to a range of powerful features including the ability to run reports using data imported from Advanced. You can further tailor your reports using the functionality of Excel, giving you even more insights into your data. 

Intuit QuickBooks featured new Spreadsheet Sync screenshot

Spreadsheet Sync makes it easy to import bulk amounts of data using the provided templates. You can also edit data and import it back in Advanced with the click of a button.

Intuit QuickBooks featured new Spreadsheet Sync screenshot

For family groups or those with data across multiple QuickBooks subscriptions, the grouping facility in Spreadsheet Sync enables you to export data from these files and view the results in a consolidated view.

Intuit QuickBooks featured new Spreadsheet Sync screenshot

There’s lots to love about the flexibility Spreadsheet Sync can provide your business. From streamlining data entry capabilities to insightful reporting, it’s worth a look today.

Head here to learn more about Spreadsheet Sync

New! Fixed Assets 

QuickBooks Online Advanced

Save time, make better business decisions and keep your books up to date by capturing your fixed assets in QuickBooks Online Advanced. Track and manage your fixed assets and have the calculated depreciation automatically posted to your books. 

Automated accounting: keep your books accurate and up to date by automating tasks related to asset acquisition, depreciation and disposal.

Intuit QuickBooks featured new fixed assets

Consolidate reporting: Access all fixed asset information instantly for a clearer picture of your business, both today and in the future.

Intuit QuickBooks featured new fixed assets

Smart insights: Leverage data insights at every phase of the fixed asset lifecycle, from acquisition to disposal.

Learn how to use Fixed Assets here 

Streamlined QuickBooks Tax onboarding process

QuickBooks Tax

Taking advantage of a free subscription to QuickBooks Tax powered by LodgeiT for your firm’s BAS or tax lodgment needs just got easier through improvements in the set up process. 

QuickBooks Tax is a powerful online BAS and tax preparation and lodgment tool. Using QuickBooks Tax, you can import data from QuickBooks, Xero, MYOB, Reckon, Excel and more to reduce data entry and rekeying errors. QuickBooks Tax is provided as a benefit of the QuickBooks ProAdvisor Program and the level of functionality you can unlock is determined by your ProAdvisor tier.

To get started or to take QuickBooks Tax for a trial, log in to QuickBooks Online Accountant, head to ProAdvisor then Benefits and click on the Activate button in the QuickBooks Tax row.

Intuit QuickBooks featured new Streamlined tax onboarding process

Follow the prompts to connect your QuickBooks Online Accountant account with QuickBooks Tax to enable seamless data integration.

Intuit QuickBooks featured new Streamlined tax onboarding process

Enhanced Items and Receipts allocation 

QuickBooks Online 

You can now create transactions straight from your bank feed to help improve reporting and insights on your business performance. 

Specifically, Plus and Advanced customers can now add products & services to expenses from the bank feed. And Simple Start, Essentials, Plus and Advanced customers can now add money-in transactions from their bank feed as sales receipts.

This enhancement aims to improve how you record expenses associated with jobs, better manage your inventory so you have a clear understanding of what you’ve sold and what inventory you have left, and overall better tracking for improved compliance.

Intuit QuickBooks featured Enhanced Items and Receipts allocatiion

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