How to Update QuickBooks Desktop 2023 Latest and Release date?

Easy ways to keep your QuickBooks Desktop 2023 software to the latest and release date

Each year, QuickBooks releases its latest version with updated features and functionalities. As the year 2023 is around the corner, the new version QuickBooks desktop 2023 is already in the market. It did release in September 2022. The new update has a lot of new features for regular users, as well as accountants. To find out the information related to the features, cost and the license policy, make sure to stick around the piece of writing till the end or connect with our team professionals at +1(844)405-0907, and get assistance from experts and certified QuickBooks professionals.

Pricing of QuickBooks desktop 2023

It is announced that there are no discounts on all desktop products on any medium. Below is a table sharing the complete pricing information.

QuickBooks Desktop Products	Price
QuickBooks 2023 Desktop Pro Plus	$549
QuickBooks 2023 Desktop Mac Plus	$549
QuickBooks 2023 Desktop Premier Plus	$799
QuickBooks Desktop Enterprise 23.0	Price is unchanged for 2023 launch
QuickBooks 2023 ProAdvisor	Premier Bundle $799
QuickBooks 2023 ProAdvisor	Enterprise Bundle $1299

Pricing for QuickBooks online version 2023

QuickBooks Online Version Products	Price
QuickBooks Online Simple Start	$30/mo
QuickBooks Online Essentials	$55/mo
QuickBooks Online Plus	$85/mo
QuickBooks Online Advance	$200/mo
QuickBooks Online Multi-Company Package	Parent Entity-30% off current retail price. $20 for each additional file.

Points to consider

According to the business size, one should choose the right product. In case the user is running an enterprise and want to grow in future, choose the product accordingly.

• QuickBooks Desktop is a full-fledged and efficiently designed software.
• QuickBooks Online is used for the business purpose that needs to be streamlined
• QuickBooks is perfect for all business sizes.
• QuickBooks online is a dynamic software that has a list of features and functions covering every aspect of accounting, bookkeeping and financial reporting of any size of business.

See also: QuickBooks Desktop Pro Update Errors

Features of QuickBooks Desktop 2023

Here are some quick features and functionalities included in QuickBooks desktop plus 2023:

Upgraded mileage tracker:

The vehicle mileage monitoring feature isn’t a new feature introduced in QuickBooks desktop plus 2023, yet the users have access to track vehicle mileage. This can be accessed from the company menu. It should be noted that the mobile devices that support iOS have the ability to update track mileage.

Also, a connection and login to an intuit accounts is required to access this feature. Only the users of QuickBooks desktop enterprise, pro plus, and premier plus can track mileage on mobile devices that support iOS. It further allows the user to easily record, monitor, and view company mileage in one location using a desktop computer or a mobile device.

New Cash Flow Hub

With this new feature, one can easily examine, manage and track the cash flow. The cash flow hub feature serves as the central hub and allows accessing the accounts being tracked. This further helps in tracking the available cash, and also controlling the money-in and money-out transactions. One can also check out the account balances, add accounts to the list of accounts being tracked, analyze the trends in the cash balances, monitor the performance of the cash flow hub over a certain time period, and also control past-due invoices and payments.

This feature is currently accessible to all 2023 desktop plus, enterprise, and accountant users in the US. The user can choose the cash flow hub from the company menu to access this feature and then click on manage the accounts to see the reports. 

You may also see: Upgrade or Convert a New QuickBooks Desktop Version

Latest Node Card Reader:

Another feature is the latest node card reader. Well, this feature is accessible to QuickBooks desktop pro plus, premier plus, accountant plus 2023, and all editions of QuickBooks desktop enterprise 23.0 with an active QuickBooks payments account. This feature can be easily accessed by clicking on the pick customers tab and then heading to the received payment from the menu bar. With the help of this feature, the software supports a latest node card reader, which enables the user to access contactless cards, apple pay, google play, and a variety of other types of payment from the clients.

As the QuickBooks payments feature is integrated with QuickBooks, when the user starts using this new feature, the payments are instantly recorded and matched, which ensures that the books remain structured without any additional work. 

Employment or Earnings Verification by Equifax:

This new feature is offered by QuickBooks and Equifax combined to automate requests for verification of employment and income information for the users of active QuickBooks desktop payroll service user. This feature makes responding to information requests quicker and easier. The QuickBooks desktop preferences can now see a Benefits and HR tab. The company preferences tab will have a section titled income and employment verification. 

Read also: How to Install and Setup QuickBooks Desktop?

Optimized Payment Links Tracking in QuickBooks Desktop 2023:

Coming to this feature, it is available for the QuickBooks Desktop Pro Plus, Premier Plus, Accountant Plus 2023, and all editions of Desktop Enterprise 23.0, having an active QuickBooks payments account. By sending a payment link, one can easily collect the money for purchases that do not require an invoice and also the new payments links dashboard lets you see the status. It is further helpful in getting the money without creating an invoice for initial consultations, advance deposits, and much more. Moreover, the new payment links dashboard allows keeping the track of the progress of the request and issue reminders. You can simply send a link to your customers by text message or email them to make a payment.  

HCM with 401(k) Guidelines-

The HCM with 401(k) guidelines feature is available for QuickBooks Desktop Pro Plus, Premier Plus, Accountant Plus 2023, and all editions of Desktop Enterprise 23.0, with an active Assisted Payroll subscription. The user can simply start by adding a 401k payroll deduction and, if needed, the addition to the list of payroll items. The user will then have to head to the employees option and also choose the employee center from the menu bar to assign the 401 (k) items to particular employees.

The employees will be largely benefited from the retirement programs and when the users have a subscription to QuickBooks desktop 2023 assisted payroll2, guideline and QuickBooks offers users fully integrated 401(k) plans. One can easily choose and set up a plan in QuickBooks Desktop that is suitable for their business and staff. Once they are set up and running aided payroll with their new contributions, there are no further actions to be taken, as the Guideline receives the information and contributions automatically.

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Process Clearances for Bills and Purchase Orders:

This feature is in QuickBooks Enterprise Accountant 23.0 and QuickBooks Desktop Enterprise (Platinum, Diamond) 23.0. The user needs to simply log in as the admin user to configure the approval process. After that, from the menu bar, go for Company and then choose Set up Approval Processes to access it. With the feature to approve purchase orders and bills in a single dashboard, one can easily maintain business supervision and aid in reducing fraud.

And with the bill and purchase order approval workflow, the user can easily delegate accounts payable and purchase order activities. Ongoing monitoring of approved transactions with automated audit trail information, such as the name of the approver, the creator’s information, and any relevant comments automated prompt notifications to staff members can help in working before deadlines. 

See also: How to Install Multiple QuickBooks Desktop Versions

Inventory Expiration Dates on Lot Numbers:

The inventory expiration dates on lot number feature is in the Enterprise Accountant 23.0 and QuickBooks Desktop Enterprise (Platinum, Diamond). One can access this feature by signing in as the admin user. After that choose edit tab and preferences tab. Followed by selecting the items and inventory from the menu bar. Once done with that, the user needs to go for the Serial/Lot No. & Expiration tab after clicking the Advanced Inventory Settings button. Once enabled, the user can pick which items need a lot number and, if necessary, an expiration date.

This feature offers thorough multi-level categorization and supports expiration dates, which might help the user in managing the inventory easily and successfully. And by assigning, the inventory expiration dates and putting them in transactions like sales orders, invoices, etc., the user can simply minimize business losses and sell goods quickly. Furthermore, by adding expiration dates in client interactions, the user can enjoy lower business liability. The user can also use the reports on inventory that has expired or is going to expire by lot or serial number, as well as a history of transactions, to take prompt action. 

Read Also: install QuickBooks desktop on two computers?

Improved Report Optimization In QuickBooks Desktop 2023:

Users with large company files often face issues with the report compilation time with some of the more complicated reports in QuickBooks. This advanced feature will improve report compilation performance for bigger company file sizes (>300 MB). However, the reporting interface won’t change, these reports load more quickly than they did in earlier versions of QuickBooks Desktop 2023.

Improved Accounting Software for Mac Plus 2023:

Moreover, you can mark the payment paid automatically and alert when the money is transferred, saving a lot of time. Once you pay the vendors using a card or bank transfer, you can simply increase financial flexibility by sending money via physical check or bank transfer. There are additional fees for paying with a credit card, using the optional Fast ACH and Fast Check expedites services, and other options.

Conclusion

Towards the end of this segment, we believe that the information shared in above might be of some help in understanding the features of QuickBooks desktop 2023. If you are still having any queries or if you require our assistance at any point in time, then connect with our tech support team at +1(844)405-0907. Alternatively, you can just with us by clicking on the chat now button. We are a team of certified QuickBooks professionals who work round the clock in providing instant support services.

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