QuickBooks Online Accountant Release Notes
Canada

 

March 25, 2019

 

Transaction Detail by Tax Code Report
This report lists all the transactions that sales tax was applied to for a specific agency, and the account to which they were posted. This can help you find mistakes, like when the transactions are posted to the wrong account.


March 21, 2019

 

Project profitability
Track costs and see overall profitability by project. Integrates QuickBooks Online Payroll and TSheets to seamlessly connect labour costs to projects. Project profitability is available in QuickBooks Online Plus. 


March 20 , 2019

 

New Pro Tax T1 forms added
Schedule 3 – Capital Gains (or Losses)

Schedule 4 – Statement of investment income, carrying charges, and interest expenses

Schedule 7 – RRSP and PRPP Unused Contributions, Transfers, and HBP or LLP Activities – Common to all

Schedule 9 – Donations and Gifts

 

New Pro Tax T2 forms added

RACDetails elated and Associated Corporations worksheet

RACSummary elated and Associated Corporations summary

S9 Related and Associated Corporations

S23 Agreement Among Associated CCPCs to Allocate the Business Limit

S13 Continuity of Reserves

S140 Income Statement Information (multiple S125)

S15 Deferred Income Plans

S5 Tax Calculation Supplementary – Corporations

S510 Ontario Corporate Minimum Tax

S550 Ontario Co-operative Education Tax Credit

S552 Ontario Apprenticeship Training Tax Credit

 

T2 Pro Tax to Pro Tax Carryforward

Carry forward a client’s prior year corporate tax return in Pro Tax T2.

 

Update: T2 forms

Two new sections are added in T2 to calculate “dividend refund” and “refundable dividend tax on hand (RDTOH)” for tax years that begin after 2018, reflecting 2018 Federal Budget changes.

For tax years that begin after 2018 the two new balances (eligible RDTOH and the non-eligible RDTOH, respectively) will replace the existing RDTOH balance. Similarly, the dividend refund now consists of eligible dividend refund and non-eligible refund after 2018.

 

Update: Schedule 3 – Dividends Received, Taxable Dividends Paid, and Part IV Tax Calculations

Part 1 to Part 3 of the Schedule 3 are updated to reflect the 2018 Federal Budget changes on RDTOH and dividend refund tax rules applicable to tax years that begin after 2018.

 

March 18, 2019

 

Redesigned Workpapers
The all new interface makes it easier to navigate between accounts and quickly view account summaries. New pop-up messages notify of account changes while preparing the year-end.

 


March 14, 2019

 

Banking column added to client list
New ‘Banking’ column displays the number of unaccepted transactions and more information on bank feed disconnections.

 


March 13, 2019

 

Performance enhancements
Client QuickBooks Online files now load up to 20% faster in QuickBooks Online Accountant.

 


March 12, 2019

 

Multi-lingual invoices
Send customer invoices in the language of their choice. QuickBooks Online now translates the default elements of invoices and emails into six languages. Set customer language using the new ‘Language’ tab in the customer edit window.

 

Supported languages:

  • – English
  • – French (Canada)
  • – Spanish
  • – Italian
  • – Portuguese (Brazil)
  • – Chinese (Traditional)

 

 


March 6, 2019

 

T1 Auto-fill-my-return (AFR)
Populate current year data direct from the Canada Revenue Agency. Please note that Pro Tax does not support all AFR populated forms. A complete list of supported T1 forms can be found here.

 

T1 Express Notice of Assessment (ENOA)
Get an expedited notice of assessment within twenty-four hours or less of submitting a return.

 

T2 Form Updates: Capital Cost Allowance
Schedule 8 and AS13 (Alberta) have been updated to include the Accelerated Investment Incentive presented during the 2018 Federal Fall Economic Statement. This incentive will provide deduction up to three times the amount of tax depreciation that would otherwise apply.

 

T2 Form Updates: Ontario – Schedule 500 – Ontario Corporation Tax Calculation
On November 15, 2018, Ontario’s Minister of Finance presented the 2018 Ontario Economic Outlook and Fiscal Review. Ontario will not parallel the 2018 Federal budget measure that phases out the $500,000 small business deduction limit for CCPCs that earn between $50,000 and $150,000 of passive investment income in a taxation year, for taxation years beginning after 2018. In Schedule 500, Ontario small business deduction calculation has been updated to reflect this change.

 

Return Actions Menu
Easily access your return summary, efile and other actions from the new menu.

 


March 5, 2019

 

ProAdvisor points history
See earned ProAdvisor points in a historical list.

 


February 27, 2019

 

Transaction volume card in Client Overview
View data points about the volume of bank transaction, invoice, bill and bill payments. Toggle between 30, 60, 90, and 365 day reports. 

 


February 18, 2019

 

Pro Tax T1 in QuickBooks Online Accountant (Beta)
Prepare and EFILE personal tax returns in Pro Tax T1, a professional tax tool built completely in the Intuit cloud. Powered by ProFile’s calculations, protected by bank-level security, and backed up daily, Pro Tax is the easiest way to bring your tax business online.

Learn more >

 


February 13, 2019

 

Export wholesale billing details
See historical invoices all in one place. From Your Account in QuickBooks Online Accountant, choose PDF or CSV in the Actions column to export billing details. You must be the account Master Administrator or have Full Access to export billing details.

 


January 24, 2019

 

Calendar view in Practice Management
Click on the calendar icon in the Work tab of QuickBooks Online Accountant to view your projects and tasks in a calendar view. Click any day to view tasks and owners for that day.

 


January 18, 2019

 

QuickBooks Online desktop app – View multiple accounts
Open multiple accounts in multiple windows, all at once. Have practice management open on one screen while you’re working on a client file in another. All from the QuickBooks Online desktop app.

Download here

 


December 14, 2018

 

Reimagined ProAdvisor Program
All new tiers and services based on a new points system. Redesigned product experience which includes a refreshed ProAdvisor tab and new nudges, notifications, and celebrations.

Learn more

 


November 16, 2018

 

Increased user and client capacity in QuickBooks Online Accountant
A single account now supports 1,000 clients and 100 users.

 


November 14, 2018

 

Import bills and invoices from .csv
QuickBooks Online can now import bills and invoice data from uploaded csv files. Go to Settings -> Tools -> Import Data or the new ‘Import’ dropdown button on the Invoice and Expense pages.

 


October 25, 2018

 

Multi-logo support
Upload up to ten logos to QuickBooks Online and add to invoices. Save templates with unique logos.

 


October 24, 2018

 

Client Overview
Quickly see an overview of client books including QuickBooks setup information, banking activity, and areas requiring attention. Easily identify cleanup and accounting work required to better price services.

Access Client Overview using QuickBooks Online Accountant to see the new Overview tab in the upper left navigation of your client’s account.

 


October 1, 2018

 

Downgrade QuickBooks Online subscription
QuickBooks Online users can downgrade their subscription from Plus to Essentials from the account page. Accountants can direct their clients to this link: http://qbo.intuit.com/app/changeplan

 


September 26, 2018

 

New ProAdvisor training pages
Training and benefits split into separate pages in the ProAdvisor tab of QuickBooks Online Accountant. View and sign-up for training directly within the ProAdvisor tab.

 


September 24, 2018

 

Pro Tax T2 in QuickBooks Online Accountant
File common T2 returns directly from QuickBooks. File faster online with books-to-tax all in one place.
– Mac or PC
– Built-in auditor and e-file
– Encrypted with daily backups
– Calculations powered by ProFile

Learn more


September 14, 2018

 

Email notifications in QBOA Work
Get updates on projects and tasks by email from Work in QuickBooks Online Accountant. Set preferences for when you want to receive notifications.

Redesigned Manage Tax rates
Easier maintenance of tax rates and settings. Click on ‘manage tax’ to see all rates and settings in one place.

 


August 29, 2018

 

Templates in QBOA Work
Now you can create projects with templates to save time and ensure consistency across your team. Choose from one of our Quickstart templates or create your own.

 


August 9, 2018

 

Progress Invoicing in QuickBooks Online Plus
Create invoices of custom, partial amounts for any project estimate, split invoice amounts, and track what has been paid and outstanding.

Learn more >

 


June 20, 2018

 

New client apps interface
See a high-level overview of all the apps connected to client accounts and quickly take necessary actions such as activating or disconnecting apps.

 


May 18, 2018

 

Slack integration with QBOA Work
Get Slack notifications of project updates from Work in QBOA. Slack sends notifications to client-specific channels when the following events occur:

– Project or task assigned to user
– Project or task due date, assignee, or status is changed

 

See how it works >


May 15, 2018

 

Practice management projects for firms
Add projects and tasks for the firm instead of a client. Perfect for internal tasks assigned to team members.


May 2, 2018

 

Journal entries reflected in the sales tax centre
Journal entries to sales tax accounts publish in the sales tax centre and match the Trial Balance.


April 26, 2018

 

Hide inactive team members
Only show active team members by un-checking the ‘include inactive’ option in the gear-icon menu.


March 19, 2018

 

QuickBooks Advanced Payroll available in French
Run powerful payroll workflows in QuickBooks Advanced Payroll powered by Wagepoint. Now available in French.


March 8, 2018

 

Add non-QBO clients
Create projects and client requests in the Work tab for QBO and non-QBO clients. Choose the new “No subscription right now” option in the Add client window.


February 22, 2018

 

Sales tax codes by customer
Set the tax rate by customer, overriding the product/service tax rate. This does not affect previous transactions. New column on the Customers screen: “Sales Tax”.


January 5, 2018

 

Sales Tax in QuickBooks Self Employed
Account for sales tax in each invoice and transaction. Understand what clients owe or are owed each quarter.

Learn more >


December 20, 2017

 

New reports in QBO EasyStart
Trial Balance and General Ledger Reports are now available for all QuickBooks Online EasyStart subscriptions.


December 13, 2017

 

Faster QBO Desktop App
The QuickBooks Online desktop application has been revamped for a faster, smoother experience.
Download the desktop app >


November 13, 2017

 

Make tax rates inactive
Use the ‘Edit Rates’ button to toggle tax rates as ‘active’ or ‘inactive’, removing the it from the tax rate drop-down menu. An inactive rate does not affect any previous transactions that used that tax rate.

 

More recurring project intervals
Set projects to recur in bi-weekly and quarterly intervals.


October 24, 2017

 

Reports Auto-refresh
When working in multiple open windows, reports will automatically refresh to reflect changes made in other QuickBooks Online pages.

 

Improved Home Currency Adjustments
Redesigned and improved for more accurate home currency adjustments.
Learn more >


October 18, 2017

 

Project-Based Businesses
Clients can organize work by project, with all components in one place. Track expenses and income by project to understand profitability.
Learn more >


October 6, 2017

 

Recurring Projects in Work
Set projects to repeat at set intervals using the “repeat” toggle in the Work tab of QBOA. QuickBooks will copy the project and sub tasks for each recurrence.
Learn more >


September 20, 2017

 

Add apps for clients
Use the new Apps tab in your QBOA account to find and add apps for your clients or firm.


September 12, 2017

 

Sales Tax Unfiling
Roll back sales tax transactions with ease.
Learn more >

 

Financial Statement Ordering
Financial statements have been placed in order according to IFRS standards. Note – this change will be rolled out to QBO customers over the next couple months.


August 3, 2017

 

Improved Edit Client page
Updated with a cleaner and more intuitive interface on one page.


July 20, 2017

 

Invoice with Google Calendar
Spend less time creating invoices and get paid sooner by automatically copying data from Google Calendar

Learn more >


July 6, 2017

 

Partial Purchase Orders

Keep track of their backordered items linking only a portion of a purchase order to an expense/bill/cheque, and add multiple expenses/bills/checks to one purchase order.  Also use the new Open Purchase Orders Detail report to better monitor their open purchase, and see partially received quantities / amounts.

 

Client Notes update

See note author, date/time stamp, historical notes, and pin important notes to the top.
Learn more >

 

Team member access change notifications

Team members receive an email when their client permissions are changed

 

Duplicate Tasks improved

If you update the duplicated project due date, associated duplicate tasks update automatically.


May 25, 2017

 

Miscellaneous Updates

Create duplicate tasks in the “Work” section of QuickBooks

Improved employee time tracking

Added filters to Invoice Tracker


May 15, 2017

 

Practice Management

Run your practice from QuickBooks Online Accountant. Click on the Work tab to create projects and tasks, communicate directly with your QuickBooks Online clients, and share files all in one place.

Learn more >