The upcoming new features of QB 2020

If you have ever wondered what keeps the finance of a business going then you must explore the world of accounting. In the modern era, there are many different types of accounting practices being used by businesses in order to deal with modern day challenges. Gone are those days when only taking care of the bookkeeping was considered enough for the businesses. Now, the world of accounting has evolved a lot and that’s why you will now get a wide array of options when it comes to accounting solutions as well. But the one accounting solution that stands out from the crowd and offers one of the best accounting practices for the users is QuickBooks accounting software.

You must have seen many businesses and professionals using the advanced accounting software in the form of QuickBooks. Well, this powerful accounting software solution was started with the aim of fulfilling the needs of personal accounting but with time, the accounting solution evolved and now we are seeing the mature form of this robust accounting software. Currently, QB has a large market share and one of the things that keep the QB going is the regular updates provided by Intuit.

If you are already using the advanced accounting solution then you must be aware of the fact that every year, a new version of QB is launched and this happens mostly during the month of September. Well, Intuit is going to follow the same trend this year as well, and soon, you will witness the magic of QB 2021 and there will be many new features that are going to be introduced in this new version of QuickBooks. This is why, in this blog post, we are going to discuss what you should expect from the new version of QB 2021.

Automation of sending statements

If you are already using the QuickBooks then you must be aware of the fact that in the last version of the accounting software, a new feature automating the process of attaching the customer purchase order into the invoice and setting reminders was introduced. This was one of the best introductions to the newest version of QB but you should know that this feature is going to be improved in the new version of QB.

Now Intuit is focusing on automation and this is why it is focusing on reducing the manual task for all the users. So, now you will get the feature of sending statements automatically in the new version of the accounting software. Because of this feature, the hassle of creating and sending statements will be completely wiped out.

Customized payment receipt

If you are a QB user then you will be aware of the fact that QB allows all its users to easily print and then send the sales receipt. In the new version of QB 2020, you got the ability to send multiple invoices or receipt attachment through a single email. This is one of the most awaited introductions in the new version of the accounting software and everyone appreciated this new change.

Now, in the new version of QB 2021, Intuit is going to offer you the option of customizing the payment receipt as per your requirement and this will surely be one of the best introductions in the new version of QuickBooks 2021. With the help of this new feature, all the users of QB will be able to easily get a clearer picture of all the payments and the whole process will be streamlined.

Enhanced bank feeds

You should know that QB desktop offers the user an online banking feature that is known as Bank Feeds. By using this feature, the user is able to download the transaction from different financial institutions. You will currently need two things if you are planning to get started with Bank Feeds; a proper bank account and quick access to the internet.

But in the past, there were several issues faced by users while taking advantage of the Bank Feed and Intuit has taken this issue seriously. This is one of the main reasons why Intuit has promised to improve the overall Bank Feed. So, now, you can expect that you will be able to use the Bank Feed of QB in a much better way.

Retail availability changes

From the next month, you will only be able to find the annually-renewed QuickBooks desktop plus subscription products on the retail store shelves. This is another new change that is going to be introduced along with the new version of QB and people are really excited about this as well.

But you don’t need to feel disappointed if you are thinking that you will miss the desktop plus subscription on the online platform as you will still be able to get all the one-time purchase products on Intuit’s website. This one-time purchase will also be available through Intuit’s website and by simply calling the Intuit’s sales team.

New discounts

You should know that Intuit has always focused on providing the best price for all its uses and this is the main reason why we are witnessing the success of QB every year in the world of accounting. All the accounting professionals out there enjoy great pricing of QB and this trend will continue in the future as well.

From the next month, you will be able to a 25% discount on the first year of QuickBooks plus subscription. In addition to this, you will also see a 10% discount on the one-time purchase and this will be one of the best reliefs for all the accounting professionals out there.

The introduction of the new QB 2021 will bring along many new features. You should know that Intuit is now completely focusing on automation with the launch of QB 2021 and this is why you will see many features of the accounting software solution getting automated. Just wait for a couple of more days and you will get an option to update your current accounting version.