QuickBooks Enterprise 2024: Better integration, automation, & productivity
QuickBooks Enterprise accounting software gives you everything in one place—accounting, inventory management, reporting, pricing rules, job costing, payroll, time tracking, and more.
QuickBooks Enterprise 2024 available now
The 2024 version of QuickBooks Enterprise is available now and it has some exciting advancements designed to help businesses optimize their financial processes and stay ahead of the competition.
New: Prepayments on sales orders
QuickBooks Enterprise 24 now allows users to record received payments from Sales Order transactions, streamlining the process of recording customer prepayments (deposits). To access this feature, select Receive Payments on the main toolbar of a displayed Sales Order transaction. The Admin user needs to create or assign a Prepayment current liability type account.
QuickBooks Enterprise users can also print a Sales Order for their customers, showing the prepayments received. Later, when the Sales Order is converted to an Invoice, the customer's prepayment can be applied to the invoice(s).
Improvement: Upgraded security
QuickBooks Desktop and all other Intuit Desktop applications are upgrading their data encryption standards from AES 128 to AES 256. This ensures that all QuickBooks Desktop data stored in the user's hosting environment for local or network storage is encrypted with stronger, industry-leading encryption. Users can now be confident that their data is safeguarded and protected using the latest security protocols. However, external accountants using QuickBooks Desktop 2024 cannot upgrade their clients' company files using accountant credentials if the clients' company files are from QuickBooks Desktop 2023 or older versions.
Improvement: List searches
Easily accessible from the menu bar, select Lists > Payroll Item List or Fixed Assets Item List. With improved search functionality, QuickBooks Desktop 2024 introduces a search bar to:
Memorized transaction list
Payroll item list
Fixed asset item list
This feature makes it easier for users to navigate long lists, saving time and improving efficiency.
Improvement: Inventory lot tracking reporting
To better support detailed reporting when tracking inventory assigned to Lot Numbers, QuickBooks now offers a new Inventory Stock Status by Lot Number report. Access this feature when preparing reports with items assigned to Lot tracking.
Improvement: Categorization for multiple item types
QuickBooks Enterprise 24 introduces enhanced multi-level categorization to help users better organize their inventory. Access this feature from the menu bar by selecting Lists > Item List > Add New or Edit an existing item. This powerful tool helps users manage inventory, streamline batch list maintenance, and view item categories in essential inventory and sales reports.
Improvement: Upgraded Employee Center
The Employee Center in QuickBooks Desktop 2024 has undergone a facelift, offering an improved user interface when working with employee setup screens. Users can now access visual cues to identify incomplete employee profile information, making payroll and employee management more seamless.
Improvement: Integrated 401(k) for Enhanced Payroll subscribers
QuickBooks users with an Enhanced Payroll subscription can now easily sign up for a fully integrated and affordable 401(k) plan through QuickBooks. To set this up, first, add the 401(k) payroll item deduction to your payroll items list, then navigate to Employees > Employee Center and assign the 401(k) item(s) to specific employees. This streamlined process results in seamless 401(k) plan contributions and deductions, ensuring compliance and accurate recordkeeping.
With all these new and improved features, QuickBooks Enterprise 2024 offers businesses an efficient and comprehensive financial management solution. Discover the benefits today and upgrade your business's financial processes.
Improvement: How updates occur
Users can now enjoy seamless background updates. Instead of interrupting pop-up messages, you will receive a notification on the toolbar that informs you about software updates. This allows users to decide when to update without constantly closing reminder pop-ups. Future maintenance releases of QuickBooks are expected to offer the possibility to schedule update completion.