QuickBooks Online Advanced – February Update

QuickBooks Online Advanced – February Update

We’re continuing to improve QuickBooks® Online Advanced and have two exciting new updates to tell you about.

ProAdvisor Points

QuickBooks ProAdvisors® can now earn points for active QuickBooks Online Advanced subscriptions. A QuickBooks Online Advanced client will add 75 points to your firm’s point balance. If any of your clients upgrade from QuickBooks Online Plus to Advanced, then you’ll earn 75 points for that QuickBooks Online Advanced subscription.

Our ProAdvisor Program is built to recognize the work you do, and give you more opportunities to move up tiers and unlock new benefits. We’ve added QuickBooks Online Advanced to the QuickBooks ProAdvisor Program point earning opportunities to recognize more of the work you’re doing.

Wholesale Billing

Wholesale billing has long been valued by QuickBooks’ accounting professionals because of the ability to create a single, unified bill with access to an exclusive discount. Now, we’re pleased to share there’s wholesale billing for QuickBooks Online Advanced.

QuickBooks Online Advanced wholesale billing comes with an exclusive discount of 30 percent off the current list price for the life of the subscription1 (limited time offer). Today, that’s $105/month instead of $150/month.

Why is the QuickBooks Online Advanced wholesale billing discount different than those of other QuickBooks Online products?

QuickBooks Online Advanced is built for growing and complex small- to medium-sized businesses, and we’re continuing to invest in the product to serve them. This also means QuickBooks Online Advanced has different discounts than other QuickBooks Online products.

Why is the QuickBooks Online Advanced wholesale billing discount offered for a limited time?

Don’t worry, there will be a continuous wholesale billing discount available for you and your clients after May 31, 2019. Wholesale billing will remain for QuickBooks Online Advanced while the discount may change over time. The discount available now will only be available until May 31, 2019, and accountants have the opportunity to get their most eager and ready clients on QuickBooks Online Advanced early.

Accelerated Invoicing

Creating, editing and sending large amounts of invoices with QuickBooks Online has been a time-consuming process. Now with Accelerated invoicing, exclusively with QuickBooks Online Advanced, you can streamline your invoice process.

Combining our new feature Multiple invoicing with Import invoicing, QuickBooks Online Advanced is accelerating the creation, edit and sending of multiple invoices.

Multiple invoicing. Our new feature streamlines the creation, editing and sending of large amounts of multiple invoices to just a few clicks.

Pro Tip: To expedite creating multiple invoices, check out our knowledge base article and using duplicating invoices for multiple customers. This trick will help dramatically streamline the creation of multiple invoices.

Importing invoicing.  As previously mentioned, now with Import invoicing you can upload and process hundreds of invoices in a few clicks.

We are excited about helping you, our partners, with increasing your productivity, and giving more time to focus on other import business matters to help your business grow.

These Updates Build on the Momentum of QuickBooks Online Advanced

QuickBooks Online Advanced was launched last August as a solution for growing and complex small- to medium-sized businesses. Watch our latest In The Know Webinar for a full overview on Advanced. If you want to see the product, then check out the test drive (Fathom and Priority Circle currently not included).

In addition to the functionality offered in QuickBooks Online Plus, QuickBooks Online Advanced includes:

Up to 25 Users:

  • Add up to 25 users with full and simultaneous access
  • How it works: Each QuickBooks Online Advanced subscription includes 25 user seats and two additional, separate accountant user seats.

Smart reporting powered by Fathom:

  • Track business performance at a glance with smart, customizable, visual reporting on select data and KPIs.2
  • How it works: Each active QuickBooks Online Advanced subscription includes one license of Fathom. To activate Smart Reporting, go to the reports tab > click on the new smart reporting message > click ‘Activate’ > agree to connect to Fathom > go through the setup process.

Import Invoices:

  • Import hundreds of invoices into QuickBooks at once3
  • How it works: Access settings > Click ‘Import Data’ > Click ‘Invoices’ > Follow the three-step process to import.

Custom User Permissions

  • Configure user permissions dozens of different ways to manage access to sensitive data
  • How it works: Manage user access to one or more of these specific areas in QuickBooks:
    • Bank deposits
    • Sales transactions
    • Expense transactions
    • Sales reports
    • Expense reports

Priority Circle Membership4

  • Customer Success Manager: A single point-of-contact to connect you with all the right resources.
  • Priority Care: QuickBooks technical support calls are routed to the front of the line and to our top agents for quick resolution of issues.**
  • Free Online Training: Access to self-paced, online QuickBooks training – a $2,000 credit.5

What’s Next

We’re continuing to improve QuickBooks Online Advanced with the feedback of small businesses and accountants. If you’d like to learn more about the journey so far with QuickBooks Online Advanced, check out our past articles on various launches: August (launch of QuickBooks Online Advanced), September (QuickBooks Online Advanced adds Priority Circle), and October (QuickBooks Online Advanced introduces additional features).

Please take a test drive of the product, watch the latest webinar, and join the conversation to share your thoughts and stay tuned for more information as we continue on this journey together.

1See terms and conditions here.

2Smart reporting powered by Fathom: QuickBooks Online Advanced includes one license of Smart Reporting powered by Fathom at no additional charge. Fathom supports up to 3,000 active or inactive accounts in the QuickBooks Online chart of accounts, and up to 20 classes for the importing, reporting and analysis of QuickBooks data. More information here. Fathom terms and conditions. Fathom privacy policy. Fathom support. Fathom’s retail cost for a single company in the United States is $39 per month, as of 1/23/2019.

3Import invoices: QuickBooks Online Advanced supports the upload of 1,000 transaction lines for invoices at one time. Number of invoices imported depends on number of transaction lines in the .CSV file.

4Priority Circle: Membership in Priority Circle and its benefits are available only to U.S. customers who have an active, paid subscription to one of the following products: QuickBooks Desktop Enterprise, QuickBooks Online Advanced, QuickBooks Full Service Payroll, QuickBooks Online Payroll, and Desktop Assisted Payroll. Eligibility criteria may apply to certain products. When customers no longer have an active, paid subscription, they will not be eligible to receive benefits. Customer Success Manager hours of operation are 9:00 AM to 6:00 PM Monday-Friday. Phone support available 6AM to 6PM Monday-Friday and 6AM-3PM Saturday PT. Terms, conditions, pricing, service, support options, and designated agent are subject to change without notice

5If you go over your $2,000 class credit, fees will apply. More info at https://qbtraining.com/