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New Accounting Software Features

New Features For QuickBooks

Discover QuickBooks’ latest innovations and updates. Each one offers an easier way to manage your business finances, saving you hours of admin so you can focus on your path to success.

Laptop displaying QuickBooks dashboard with a preview of new features
March 2025
Your reporting upgrade is here
QuickBooks Online

The upgrade of your reporting experience from Classic view to Modern view is well underway. The Modern view platform delivers greater performance, more customisation and will enable us to future-proof your reporting. Many of the Standard reports now automatically display in Modern view. Have you had a look at the new functionality yet?

Learn more about this reporting upgrade here
Multi entity chart of accounts
QuickBooks Payroll

The team at Employment Hero are enhancing payroll reporting with more flexibility. Users with File Export or Detailed File Export integrations can now set up Employing Entity Specific Accounts in their Chart of Accounts (CoA). This means businesses operating across multiple entities can generate more precise and compliant reports without manual data adjustments.

Check it out

Improvements to Employee Self Set up
QuickBooks Payroll

Improvements to the way Employee Self Setup (ESS) feature for Tax File Numbers, bank details, and superannuation information is now more compliant, secure and efficient. These updates streamline employee onboarding while ensuring strengthening data security and regulatory compliance.

See more

Award updates for Fast Food and Restaurant industries
QuickBooks Payroll

Updates to the Fast Food Industry Award (MA000003) and Restaurant Industry Award (MA000119) to address issues with pay categories and tags for Sunday work are now available.

Learn more here

Adding depreciation assets in tax returns
QuickBooks Tax

At the beginning of the financial year the team at LodgeiT streamlined the way you add assets to Individual tax returns. This functionality has now been extended to the Company, Trust, Partnership and Superfund tax returns. And for existing assets already in LodgeiT, you can seamlessly migrate them into the return. LodgeiT maps any pools and assets to their appropriate sections on the tax return, eliminating the need to add them again.

Export financial reports to Word
QuickBooks Tax

Available in the Pro version of financial reports, you can now export your financial reports directly to Microsoft Word (.docx). This allows for easier customization, formatting, and branding, giving you full control over your report presentation.

See how it works

Custom page breaks
QuickBooks Tax

Have more control over your financial reporting in LodgeiT with custom page breaks. Available in the Pro version of the financial reports, simply insert breaks exactly where you need them so your reports look professional and are easier to read.

See how to add a page break

Customised navigation
QuickBooks Online Accountant

You can now arrange the menu sections in the left hand navigation in QuickBooks Online Accountant. This means you can move the section(s) you use the most to the top - and remember, you can tailor the menu items within the sections to suit your needs too. This functionality is available for QuickBooks Online also.

See how it works

New beta Work experience available
QuickBooks Online Accountant

The workflow feature in QuickBooks Online Accountant called Work is being given an update to make it easier to view and manage the work going through the practice.

Check out the new look

February 2025
Product and Service interface improvements
QuickBooks Online

You’ll shortly see subtle updates to the Product and Services screen in QuickBooks. These changes reflect work we’re doing in the background to future-proof your experience by enhancing reliability, stability, and performance.

See the before and after screens
Filter QBOA list
QuickBooks Online Accountant

You can now filter the Client list in QuickBooks Online Accountant for those who have a QuickBooks subscription. This makes it easier to locate a client to review their status or access their QuickBooks subscription.

See how it works

Add a Client Code
QuickBooks Online Accountant

You can now add a client number or code to your clients in QuickBooks Online Accountant (QBOA). Its early days however we’re laying the foundation to help you easily reference clients using this unique code.

Learn more

January 2025
Continual platform improvements
QuickBooks Online

What a great way to start the new year! As part of our ongoing commitment to enhancing the QuickBooks platform and providing exceptional value to our customers, we’re releasing a range of new product features across QuickBooks Online (QBO) and QuickBooks Online Accountant (QBOA).

These features span various areas including dashboards, integrations, sales and expense overviews, customer and project management, and the QBOA Work experience. Additionally, some features will be released to everyone and others will be released in phases.

Check them out here
Hello Employment Hero Work!
QuickBooks Payroll

The Swag mobile app has been rebranded to Employment Hero Work (EH Work). No action is required, you can use the app as usual, with the same features and functionality available. New users can download the EH Work app from the Apple and Google Play stores.

Restricted Access User Permission to Create Timesheets
QuickBooks Payroll

Creating timesheets on behalf of employees used to be only available to full-access users. Now, this feature is also available to restricted users with “create timesheet” permission.

Users with this permission can create timesheets on behalf of employees they have been given access to.

Read this Creating timesheets on behalf of employees article for more information.

Automated Payee Suggestions
QuickBooks Online

To reduce manual data entry and improve data completeness, we've enhanced our transaction categorization feature. QuickBooks now automatically suggests payees based on historical or similar transactions, enabling you to categorize transactions with greater detail and accuracy.

See an example here

CGT Worksheet Updates
QuickBooks Tax

You can now split the "Less costs incurred" among the owners in the Capital Gains Tax (CGT) worksheet.

Work Dashboard Export
QuickBooks Tax

Where required, you can now export your Work items to Excel or a CSV file. You can access this new export option using the 3-dot menu on the dashboard or by visiting the Export Page in the product.

Filter for Not Suspended Forms
QuickBooks Tax

You can now filter for “Not Suspended” items on the work and form dashboards, helping you focus only on active, non-suspended forms.

Speak with our local QuickBooks team to find a plan that suits your business needs 1800 917 771