october2021 - 14

SPONSORED CONTENT
My Four Favorite Features in QuickBooks
Desktop and Enterprise 2022
By Laura Madeira
THE NEWLY-RELEASED QUICKBOOKS Desktop Plus 2022
includes many new and improved features that will help
your clients manage their business with greater efficiency
around accounting tasks and cash flow. Here are four of
my favorite improvements included with the QuickBooks
Desktop Plus 2022 and Desktop Enterprise 22.0.
#1: PAY VENDOR BILLS
ONLINE, AUTO
ADD TO QUICKBOOKS,
AND SET UP APPROVAL
PROCESS
Entering a bill for vendor products
and services is one of the most
common accounting transactions
we record in QuickBooks. With
QuickBooks Desktop 2022 Plus
and Enterprise 22.0 or newer, the
business owner can delegate the
task of entering these vendor bills
and still maintain control over the
company's cash flow.
In setup, users select their
very own customized QuickBooks
email address. Then, they request
that vendors email their invoices
to this QuickBooks email address.
QuickBooks will add the bill using AI
for review. Once the bill details are
approved, a copy of the bill will be
attached to the vendor transaction
in the QuickBooks Company file.
Employees or vendors can also
choose to snap a picture of the
vendor bill from a mobile device.
This method is useful for those
companies that may authorize
purchasing materials on the go, and
want the financials to be up-to-date
with expected expenses.
Next, there is no need to print
and mail paper checks to vendors.
QuickBooks has partnered with
Melio to offer the ability to pay your
vendor bills online. You select the
payment method: ACH, paper check
(no fees), or credit card (fees apply).
Paying vendors online saves time
and cost over printing and mailing
the payments.
For QuickBooks Desktop Enterprise
22.0, control of vendor payables
includes a new vendor payable
approval process. The Company file
admin can define specific approval
requirements. Here is an example
of a requirement: When a vendor
bill's total is equal to or greater
than $1,000.00, the bill must be
approved by the Admin user (or any
QuickBooks Desktop user assigned)
before it can be paid.
#2: E-COMMERCE
ADD-ON WITH
WEBGILITY
Many of us have been waiting for
this feature because it is perfect
for QuickBooks Desktop users
with an online storefront presence.
Webgility's platform integrates
with QuickBooks Desktop to simplify
e-commerce management.
This add-on provides a seamless
integration with top online stores,
including Shopify, WooCommerce,
Big Commerce, Magento, and online
marketplaces such as eBay, Amazon,
and Walmart.com. Your clients
can easily add new product listings
and update inventory management
14 OCTOBER 2021 ■ www.CPAPracticeAdvisor.com
details to their online channels.
Included is the flexibility to work
with a preferred shipping provider,
with integrations to UPS, FedEx,
ShipStation, and Stamps.com.
#3: 64-BIT COMPLIANT
PROCESSING
QuickBooks Plus 2022 now uses
64-bit computer processing power,
which means your clients can
complete accounting tasks much
faster. Enhanced computer power
with 64-bit power is compliant
with modern operating system
standards, and will assist in
maintaining seamless third-party
integrations by using a preferred
developer infrastructure.
#4: SEND PAYMENT
URL LINKS TO
CUSTOMERS FOR PREPAYMENT
This
is an improvement for clients
who want to better manage cash
flow - and it's simple to use. Clients
request money from their customers
as a " deposit " for services and/or
products not yet provided. The URL
link is emailed to the customer for
them to process the payment without
having to receive an invoice.
Users can track the payment links
sent in QuickBooks. When the payment
is received, QuickBooks will
record the payment as an unapplied
customer credit in the Accounts
Receivable account.
These are just four of many
new features included in the new
QuickBooks Desktop 2022 product;
check out all the new features by
reading more details in this article
(https://tinyurl.com/2dysmbdd) on
Firm of the Future. ■
Laura Madeira is the owner of ACS, Inc., a
QuickBooks Solution Provider and Reseller
located in the Greater Dallas area. She has been
selected to the Top 10 and Top 100 QuickBooks
ProAdvisors for multiple years. She is one of the
original members of the Intuit Trainer/Writer
Network, has been a guest speaker for Intuit for
many years and was a founding member of the
Intuit Customer Advisory Council.
The ProAdvisor
Spotlight is sponsored by
http://www.Stamps.com https://www.tinyurl.com/2dysmbdd http://www.Walmart.com http://www.CPAPracticeAdvisor.com
october2021

Table of Contents for the Digital Edition of october2021
