QuickBooks Online new features and improvements – June 2020

QuickBooks Online new features and improvements – June 2020

Just because the sun is out longer and you can work from your patio doesn’t mean you should be working more hours. This month’s list of updates is all about helping you work smarter and faster, so you can enjoy more of summer while it lasts.

What’s new in June

Banking tab enhancements

Workers tab renamed to Payroll

New bill pay experience

Manage auto tax in Payroll Core

QuickBooks + Salesforce CRM (Enterprise Diamond)

More enhanced custom fields (Advanced)

Banking tab enhancements

In a nutshell: Over the next month, you’ll notice a lot of big improvements to the Banking tab. In addition to a general design facelift, the tab will include a number of new features to make managing transactions even easier for you. The new features include:

  • Interface improvements to simplify batch actions
  • Improved feature clarity in tab names (such as changing “Reviewed” to “Categorized”)
  • New functionality to sort and group transactions into batches, based on similar characteristics (NOTE: this action is disabled by default, but can be enabled within the table settings)
  • A more readable bank card design
  • Faster page responsiveness and load times
  • Additional filters and search criteria

Workers tab renamed to Payroll

In a nutshell: In the sidebar menu, you’ll see that the Workers tab is now called Payroll. Note that the functions and sub-menu options of the tab haven’t changed – you’ll get all the same features, but with a new name. We think the change will help small businesses like yours better navigate their payroll processes, including workers’ comp, benefits, HR, and more.

New bill pay experience

In the May 2020 product update, we told you about our new embedded bill pay experience (powered by Melio). This month, we’re excited to announce that you can use this bill pay experience for your own firm as part of QuickBooks Online Accountant. Roll out will start July 6. As a reminder, this new experience enables you to schedule and pay bills online for free via a bank transfer or with a debit card, or defer the payment with your credit card and earn rewards (for a 2.9% fee). You can then choose whether the vendor will receive a digital deposit of funds (in 1–3 business days) or a physical check in the mail sent on your behalf (in 5–7 days).

For more information, check out the article here.

Manage auto tax in Payroll Core

In a nutshell: By default, QuickBooks® Online Payroll pays and files your clients’ payroll taxes for them automatically. But, we know that some clients prefer to file their taxes themselves, and that many accounting pros provide personalized tax filing as a service. If you or your client would like to disable the automatic taxes feature, you can now turn it off directly from QuickBooks Online Payroll.

How it works: You can set your auto tax preference at Gear icon (Settings) > Payroll settings > Taxes and forms > Automate taxes and forms.

QuickBooks + Salesforce CRM (Enterprise Diamond)

In a nutshell: Enterprise Diamond, the newest and most powerful QuickBooks enterprise solution, now features an optional subscription to enable two-way synchronization between QuickBooks and Salesforce CRM. This integration of customer and financial data helps firms simplify the flow of information, reduce data duplication, gather more customer insights, and get paid faster.

How it works: The CRM connector is powered by DBSync, a leading provider of software integration solutions. When you add Salesforce CRM synchronization to your Enterprise Diamond subscription, a DBSync representative will guide you through the setup – helping you set user permissions, map data, automate actions, and more.

More enhanced custom fields (QuickBooks Online Advanced)

In a nutshell: We’ve heard that many Advanced users are enjoying the efficiency and flexibility of enhanced custom fields (Settings > Lists > Custom fields), so we’re giving you even more. QuickBooks Online Advanced now supports 36 enhanced custom fields (up from 10) – giving you up to 12 fields each for Customer, Sales, and PO & other expenses. Keep on customizing!