You don’t need a professional accountant to keep your small to medium-sized business organized. Note: Some images used in this feature are displayed directly as provided by Intuit, others may have been modified from the source material Intuit provided.Download the QuickBooks Accounting app to track mileage, scan receipts, create and send invoices, manage your cash flow and more! Connect your bank accounts for up-to-date financial records on-the-go, plus, see where your business stands with the help of real-time reports and analytics. Of course, there are entire teams, composed of hundreds of Intuit personnel behind all of these people that make the magic happen and we so often forget to say, thank you, to them, so to all involved, “Thank You for Another Great Product"! I also want to say thanks to Michelle Berg, Mindy King, and Shawn Sturgeon from Intuit for additional product briefings and information along with the various members of Intuit's Alpha & Beta Product Testing Teams for QuickBooks 2021. I also want to thank the following Intuit personnel for their dedication in providing information, numerous briefings, and responding to my questions, as well as in guiding the actual product developments within QuickBooks Desktop and this release: Rachna Arya, Nipun Bhatia, Aditya Dixit, Sowmya Murthy, Madhumita Tayade, Muthuraj Thangavel, Tulasi Vijay Kumar Thulluru, and Raman Verma. QuickBooks Desktop 2021 Improved Functionality.QuickBooks Enterprise v21 Improved Efficiency.QuickBooks Desktop 2021 Improved Productivity.Laura, and her co-author Karen Siewert, have written three separate articles this year covering different aspects of the QuickBooks 2021 release, please be certain to check them out at Intuit's Firm of the Future blog: Special thanks go out to my good friend Laura Madeira who allowed me to cross-check my articles with advance copies of her features to make certain that we were consistent in providing accurate information regarding the 2021 release. You will find our summary of QuickBooks Desktop and QuickBooks Enterprise for 2021 along with other related features in the 'Related Links' at the bottom of this feature. The feature is scheduled only for release within the United States. Plus it allows you to use QuickBooks Items if needed.įeature Availability: At the time of initial release QuickBooks Receipt will be available only in QuickBooks ProPlus, QuickBooks PremierPlus, QuickBooks Accountant, and QuickBooks Enterprise (all subscription levels). This is a simple way to accomplish split-transactions without ever leaving Receipt management and almost as quick as any GUI that they would probably build involving a 2nd window that would need to be opened anyway. QB-21_Rcpt-mgmt_Split-transaction-work-around The access the feature from the QuickBooks menu by selecting Vendors, and then choosing Receipt Management. Initially you need to log in to QuickBooks as the Administrator for the file you wish to configure for Receipt Management. Configuring Receipt Management on Your Desktop This is true whether the user will be accessing Receipt Management via a mobile device or via QuickBooks Desktop or both. In using Receipt Management every user must have an Intuit account associated with the specific company file for which receipts will be uploaded and posted to the accounting. Setting Up Receipt Management on Your Desktop and Mobile Devices And, because the image is stored with your QuickBooks data, the digital copies of the receipts are available for audit in the future. You will then review the receipt data and match-up any unmatched information before posting it to your accounting. QuickBooks Receipt Management will then extract data from the receipt images using optical character recognition, artificial intelligence and machine language algorithms to create transactions for your to review. You can also upload receipts directly from QuickBooks Desktop. It allows you to import receipt images through a mobile (Apple or Android) App. QuickBooks Receipt Management is only available to QuickBooks Desktop Plus and Enterprise subscribers customers. With this new QuickBooks Desktop feature, you will no longer need to spend time manually entering expense receipts because you can efficiently import them. It can literally take hours for a business to collect and categorize all of their receipts even if they manage to keep track of them. QuickBooks Receipt Management for Desktop This article is one in a series of individual product features intended to provide additional content to that within our QuickBooks Desktop 2021 product synopsis. Insightful Accountant has been evaluating various pre-release versions of these products for months and has spent hours communicating with Intuit personnel, including product managers and developers, so we can help you learn about the new products. Intuit recently released QuickBooks 2021 Desktop.
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