QuickBooks Enterprise Solutions 12.0 | Accounting Software

 

QuickBooks 2012 contains a significant number of new features, as well as improvements to existing ones.
FIFO inventory, Serial/Lot Tracking, Lead management, Doc Center Improved, just to name a few!

New Features

• Calendar View: Access an organized, auto-populated calendar view of appointments, to do's and important business tasks, such as invoice and bill pay deadlines.
• Excel Integration Refresh: Export reports to Excel, modify and manipulate worksheet formatting and seamlessly apply formatting updates to new reports.
• Lead Center: Track prospective customers in one place, making follow up easy.
• Document Center: Store and manage documents, such as contracts, proposals and receipts on your computer. Easily attach documents to forms, such as invoices.
• Inventory Center: Centralize inventory tasks, items and reports for fast and easy access. Available in QuickBooks Premier 2012 only.
• Batch Timesheets: Create timesheets for multiple employees or vendors who work the same hours at once.
• One-click Transactions: Eliminate the need to re-enter customer data into different transaction forms.
• Batch Invoicing for Time and Expenses: Bill multiple customers at once for services rendered. Available in QuickBooks Premier 2012 only.
• Salesforce for QuickBooks: synchronizes customer data with QuickBooks to provide streamlined information to those in sales and management to eliminate data entry in two different systems, showing aggregated customer information alongside probability for closing a deal. Salesforce for QuickBooks is available on the Intuit App Center, where small businesses can easily find, buy and use connected Web-based applications that run on the Intuit Partner Platform.
• Global To-Do List: The “To Do” list has been pumped up – now you have new features, and it is accessible from many new locations in the program. They are getting closer to making QuickBooks be a mini CRM product. You can specify actions to take, priorities, and much more.
• Create Credit Memo from Invoice: They’ve added a way to create a credit memo when you are in the Create Invoices window, which is very helpful. There actually are several “one click transaction” options here in a “Create” menu item.
• Contributed Reports: QuickBooks has numerous reports, and you can modify them to fit your needs. Now you can dicate who you share them with!

Updated Features and Improvements

• Express Start: is an improvement on the “new company file setup” routine. Instead of going through the “interview” there is a quicker way for you to set up a new company file.
• Improved Excel Integration: Now if you export an Excel report and then make changes to it such as fonts and added information, you can save this as a template so that if you export that same report later, your modifications will continue to the newly exported report. In addition, you can update the data in your report from Excel itself without having first open the QuickBooks company file.
• Improved Help and Search: adds a search box to the task bar which lets you search for help as well as searching for information in your file.
• Condense Data: Is back and improved. You can now select how Inventory information is condensed, and more transaction situations are covered.
• Batch Invoice for Time and Expenses improves the work flow if you are invoicing multiple customers for billable time and expenses.
• Memorized Transactions were changed slightly in the 2011 R6 Plus update, mostly a wording change. That is showing up in all 2012 versions to, along with a new “how often” option of every two months. In addition, the “one click” menu (“Create” in windows like Create Invoices has an option to memorize the transaction.
• Transactions on the History Pane was also added in the 2011 R6 Plus update. So now everyone gets it. The History Pane has two tabs now, instead of one. More information is available there (again, see the 2011 R6 article for screen shots).
• No Company File Open Window: If you had the 2011 R7 Plus update you saw that additional information was added to the No Company Open window, such as the file size and last date modified. One thing added then that I overlooked – the ability to edit the company list directly from this window. I like this improvement, now everybody gets it.

 

New Features in QuickBooks Enterprise Solutions V12.0

 

Advanced Inventory was introduced in V11.0 but that was just the start. V12.0 is what we have all been waiting for…Serialized Inventory, FIFO, Multi-Locations, and More!

• Enhanced Inventory Receiving: One of the largest problem with using Inventory in QuickBooks was that users would inadvertently change their item receipt date by simply updating the bill date when the item receipt was converted to a bill. This would cause a temporary negative inventory, which over time caused some big file corruption issues and mistakes in financial statements. This feature allows you to separate those transactions into 2 unique transactions preventing the possibility of this happening again!
• Automatic Price Markup: You can choose if you want to have QuickBooks change sales prices automatically when the cost of the item changes. You can also set a global preference for the cost, and you can set overrides for individual items.
• Images in the Item List: You can add an images of your product in the item record for a limited amount of items.
• Increased capacity for Price Level Lists: Price Level Lists up from 100 to 750, which will help some people. This will help for those companies that reply on more specific price levels for individual customers such as restaurant supply distributors.
• Find & Select in Sales Forms: This is pretty big…many have asked in the past if you can have a find and select when looking for an item in QuickBooks. Now you will have it!
• Physical Inventory Worksheet filter by site: If you have been using Advanced Inventory.
• More multi-user activities: More functions that you can perform in multi-user mode instead of switching to single user – set a closing date, make deposits, change list sort orders
• Features in Advanced Inventory Only, (Additional fee of $699.00 plus sales tax with a Full Service Plan):

• FIFO Inventory: Now you no longer have to revalue your inventory through adjustments, you can now manage your inventory cost of goods more accurately!
• Serial or Lot Number Tracking : You can select to use wither Serial Numbers or Lot Numbers. This is a preference that is decided when you start to manage your Advanced Inventory.

PLEASE NOTE : Final release is subject to change. This material was based on Intuit’s public release as well as our own early experience in the new version.

Need More Information? Would you like a free demonstration?

Call Quality Consulting Group at 1-877-723-7148 for more information, to schedule a free demo, or to purchase QuickBooks Enterprise Solutions.

 

For a list of great Third Party Applications that we give a "2 Thumbs Up" on, click here.