QuickBooks 2024, the latest version of Intuit's popular accounting software, offers several new features and improvements for small business owners and accountants looking to upgrade. In this guide, we'll take a look at some of the most notable changes and enhancements in QuickBooks 2024 that upgraders should know about.
Streamlined User Interface
One of the first things longtime QuickBooks users will notice is the redesigned and decluttered user interface. Intuit has focused on simplifying navigation and reducing on-screen clutter to make the software less confusing for new users while also speeding up workflows for experienced users. Key information is now easier to find thanks to larger fonts, bolder icons, and the elimination of redundant menu options.
Enhanced Search Functions
Finding transactions, contacts, reports, and other information is now faster in QuickBooks 2024. The improved search engine now lets you search by keywords, transaction types, date ranges, status, and more. You can even search within certain forms, lists, and registers without having to leave them. These enhanced search capabilities make it easier to quickly locate customers, invoices, bills, and other critical data.
Better Remote Access
Accessing QuickBooks remotely is easier than ever before in version 2024. Whether you're working from home, a client's office, or on the road, you can now login seamlessly using the web-based version, QBOA (QuickBooks Online Accountant), or QuickBooks Desktop for Web. Improved speed, responsiveness, and flexibility makes remote use much more practical.
Upgraded Report Builder
Reporting has always been one of QuickBooks’ strengths. In the 2024 release, the custom report builder has been upgraded with new filtering, formatting, and charting options. Building custom reports that provide actionable insights into your business's performance is now quicker and easier, even if you don't have an accounting background.
Inventory Management Improvements
Managing inventory is critical for many QuickBooks users. The new version helps streamline inventory processes like setting reorder points, viewing stock levels, and tracking inventory value. Enhanced purchase order workflows and integration with barcode scanners improves efficiency for repetitive inventory tasks. Whether you manufacture products, sell retail, or just keep inventory on hand, you'll benefit from the latest improvements.
Payroll Enhancements
QuickBooks Payroll sees some nice enhancements in the 2024 version. The improved Review and Edit Payroll feature makes it easier to correct errors, modify time data, and make last-minute payroll changes. Support for more pay types like piece pay rate and supplemental pay provides additional flexibility. And the upgraded direct deposit module offers more control over how funds are disbursed.
Better Data Migration
Migrating your QuickBooks data from older versions or tools is smoother thanks to improved data import, export, and migration capabilities. The process of upgrading to QuickBooks 2024 and moving your existing data is now simpler for both local data files and those using QuickBooks Online. Less data loss means less headaches at upgrade time.
Increased 3rd Party Integrations
QuickBooks 2024 boasts improved support for third-party business applications. Whether you need to connect POS systems, payment processors, ecommerce platforms, or other addons, tighter integration makes QuickBooks work better with the other tools your business relies on.
Improved Mobile Apps
Along with improvements to the desktop and web versions, the QuickBooks 2024 mobile apps for iPhone and Android also see upgrades. The ability to scan receipts, track mileage, manage invoices, and perform other tasks on-the-go is easier than ever. And downloading transaction data captured in the field into your main QuickBooks database is smoother.
More User Support Resources
To help users learn the new features and updated workflows, Intuit has expanded its library of support resources considerably. Detailed user guides, how-to articles, and training videos have been added to cover the latest QuickBooks features and functions. And the QuickBooks Community continues to be an excellent way to get help from other users.
Whether you're an individual freelancer or an established multi-location business, QuickBooks 2024 has something to offer. Don't let the changes overwhelm you. Take advantage of the many upgrades and your accounting processes are sure to improve. Reach out to your accounting professional for a customized walkthrough of the new features that will benefit your organization the most. The time invested in learning what’s new will pay dividends in increased productivity and efficiency.