QuickBooks Online New Features and Improvements - February 2017

We’ve made a number of enhancements to QuickBooks® Online (QBO) and QuickBooks Online Accountant (QBOA), including a new Find-a-ProAdvisor Marketplace for accountants, integrated billing for Schedule C clients, simplified purchase orders, invoice tracking and more. To review our most recent updates, click here.

The New Find-a-ProAdvisor Marketplace

We’ve completely redesigned our popular Find-a-ProAdvisor marketplace to bring you more (and better qualified) client leads. We combined your feedback with insights from small business owners to create the best platform for you to market your practice. The redesigned marketplace makes it easier than ever to create a strong and effective public profile.

The improved Find-a-ProAdvisor includes an enhanced search results page, making it easier for small businesses to find you and learn more about your practice. We’ve added even more new content fields to the profile pages, with a special focus on highlighting QuickBooks Certifications. These changes build on previous enhancements, and we will continue to find ways to help promote and support our accounting partners.

Click here to learn more about these improvements.

In February, we're celebrating the 20th anniversary of the QuickBooks ProAdvisor® program. We are grateful for all of our ProAdvisors, from those who have been with us since 1997, to those who are just starting out. In this article, watch a special video message from CEO Brad Smith and find out more information about the ProAdvisor program.

QuickBooks Self-Employed Integration: More Ways to Connect With Wholesale Discount

We’re working to provide comprehensive, collaborative solutions that make it easier for you to serve your Schedule C clients. With this latest release of the QBOA/QuickBooks Self-Employed (QBSE) integration, you’ll have even more ways to connect and serve your clients. New: You can add a new QBSE client directly from QBOA, using the direct discount or wholesale discount features, and clients can invite you from QBSE through a tab icon or a dashboard card.

Wholesale billing is good for your practice; whether you bill hourly or with a flat fee, wholesale billing enables you to offer the best prices to your Schedule C clients, while adding a QBSE subscription as part of your services. The wholesale discount allows you to bundle QBSE into your Schedule C client services, while saving 50 percent off the list price every month for the life of the subscription.

The bottom line? With QBSE, you’ll save time with more accurate, review-ready income and expense data, while maximizing your Schedule C clients’ potential tax deductions. This feature will be available later this month.

Copy and Blind Copy for QBO messages

Sharing estimates, receipts and credit memos is a key function for any sales organization. QBO is making it easier to keep your clients’ customers, and their own staff, in the loop with expanded carbon copy/blind carbon copy (CC/BCC) capabilities.

QBO previously offered CC/BCC only for invoices. Now, we have extended that capability to estimates, sales receipts, credit memos and refund receipts, enabling users to quickly and easily share key information with sales reps, account managers, accountants or others.

There are two simple ways to access this expanded CC/BCC feature:

  1. On the page where users create receipts and memos, users can click on a “CC/BCC” link under the email field, and then input additional email addresses.
  2. On the sales transaction list, users can click “send” to bring up the send email model with CC/BCC functionality.

QBSE: Receipts With No Manual Data Entry

Who wouldn’t want to eliminate or, at the very least, lessen manual data entry? Using optical character recognition (OCR), you can use QBSE to simply snap a photo, and the software does the rest by automatically extracting and entering dates, vendor names, totals and other receipt data.

By eliminating manual data entry, QBSE saves time, improves accuracies and helps optimize tax savings by ensuring that every deductible expense is captured. Note that this same OCR capability will be included in QBO in a few months; that’s good news for small- and medium-size businesses.

Secure Online Banking

When a new account is added to Bank Feeds, a new feature ensures that a live person - not a cyber robot - is requesting the banking connection.

Invoice Tracker and Payments

Putting “money in the bank” is crucial for QBO end users. To help them better manage their cash flow, we’ve made it easier for your clients to track invoices from creation to final payment.

Improved invoices sub-navigation now includes:

  • An updated Money bar 2.0.
  • Combined Invoice + Payments status.
  • An Invoice + Payment Tracker.
  • Fees, deposit batch, errors and other Payment details.
  • User alerts for exceptions and next-steps.
  • Relevant call to actions to help users get paid faster.

Payments are now automatically associated with respective invoices, and Invoice Tracker now provides a convenient “send, viewed, paid, deposited" visual, to help users understand where they are in the invoice lifecycle. Online payment users can review payment status directly from QBO.

Invoice Tracker was available for new users of QBO in the United States, Canada and the United Kingdom in December 2016; existing QBO and QBOA users cannot yet see this feature. It is now available in Australia for all QBO and QBOA users.

Be sure to look for our next monthly update article on new features and improvements in QBOA and QBO!