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product update

QuickBooks Online new features and improvements—October 2022

Flannel season is here and the holidays are right around the corner. So before you get busy with fall hikes, horror movie marathons, or baking treats, make sure you carve out some time for all the wicked good updates we have for you this month.

New! Share QuickBooks® updates with your clients—send them this link for QuickBooks innovations.

Special announcement

QuickBooks ProAdvisors®, accountants, and bookkeepers: We hear you!

Thanks to your feedback, we continue to make improvements to our QuickBooks products. In return, we’re working to organize several forums to share with you the product changes and improvements we’ve made based on your input. This will include several live events throughout the year, so you can hear directly from our leaders on how we are evolving our products to better meet your needs, and how they impact you and your clients.

Stay tuned and watch this spot for more updates.

What’s new in October

Now available: Commerce accounting in QuickBooks Online

Custom reports scheduling in QuickBooks Online Advanced

QuickBooks contractor payments

Now available: Option to add tips to invoices in QuickBooks Online

QuickBooks Insurance for your practice and clients

Personalized migration assistance to QuickBooks Online

Multi-company discount in QuickBooks Online

QuickBooks Desktop will stop supporting Windows 8.1 in 2023

Now available: Commerce accounting in QuickBooks Online

In a nutshell: QuickBooks Online now seamlessly integrates with your clients’ online sales channels, including Amazon, Shopify, and eBay.

Rolling out in time for the holiday season, this new integration will help sync sales, refunds, and fees, as well as match transactions as they automatically appear in the books for your clients to review and approve. With QuickBooks Online commerce accounting capabilities, clients can:

  • Send e-commerce data to QuickBooks: Connect e-commerce platforms and marketplaces with a fast and easy setup.
  • Do less manual work: QuickBooks automatically separates revenue from taxes and fees across the sales channels, and seamlessly maps it to the right accounts.
  • See trends at a glance: Stay on top of cash flow, run accurate reports, and get insights into revenue, expenses, and profitability.
  • Make tax time easier: Maximize deductions and minimize the stress of doing taxes.

This upgrade is now included in new QuickBooks Online subscriptions, and will be available to existing customers over the next several weeks. Learn more

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Custom reports scheduling in QuickBooks Online Advanced

In a nutshell: With the addition of a new calendar icon, you or your clients can create a workflow that automates the generation, export, and emailing of custom reports in QuickBooks Online Advanced.

Clients can save time by automatically running custom reports on business-critical performance data, and share them with appropriate team members on a monthly or quarterly basis.

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QuickBooks contractor payments

In a nutshell: From next-day direct deposits to 1099 filings, contractor payments take care of it all for the 2.2 million and growing U.S. businesses that rely on a contractor-heavy workforce.

With an increasing number of business-critical functions being managed by contractors, paying them quickly is the most important step in maintaining a good working relationship. It’s also vital to collect the contractors’ W-9 information as soon as they’re hired to stay compliant.

Contractor payment benefits include:

  • Simple setup: Invite contractors to set up a free account so they can complete their W-9s and provide bank deposit details.
  • Pay contractors fast: Make unlimited payments with next-day direct deposit. Payments automatically sync with QuickBooks Online, so your books are always up to date.**
  • Stay tax-time ready: We’ll complete your 1099 so you can e-file to the IRS and send copies to contractors.

Currently available for a flat fee of just $15/month for up to 20 contractors. ProAdvisor Preferred Pricing discount coming soon. Learn more

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Now available: Option to add tips to invoices in QuickBooks Online<

In a nutshell: Starting this month, your clients can add a tip when they pay an invoice, and you’ll get an additional field to record tips of 5%, 10%, 15%, or a custom dollar amount on sales receipts.

When you turn on tips, it adds a Tips field to all your Invoice and Sales Receipt forms. You can also manage tip settings right in an invoice. This is useful when you want to turn tips on or off by default, but make an exception for specific customers. Learn more

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QuickBooks Insurance for your practice and for your clients

QuickBooks Insurance provides a full spectrum of affordable business insurance, from general liability for your clients based on their industry to specialized coverage such as cyber liability for your online accounting practice.

With data breaches on the rise, cyber liability can help you protect your practice and clients. Cyber liability insurance protects financial professionals when sensitive data is stolen or compromised. You can purchase and manage cyber liability and all other insurance policies for your practice all in one place—even policies not purchased through QuickBooks.

We’ve streamlined the buying process with a personalized experience based on intent (buying for you vs. your clients) and policy types. You can now connect to coverage that’s as powerful and easy to set up as QuickBooks software. Get a free quote

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Personalized migration assistance to QuickBooks Online

In a nutshell: If your clients need help with understanding QuickBooks Online after they make the switch, QuickBooks can help with free personalized setup, a complimentary, 1-hour onboarding session with our QuickBooks Customer Support team.

Our experts will review your clients’ migration and provide a guided tour of QuickBooks Online, focusing on how to find your clients’ most important information. Experts will also provide guidance on how to access most-used business tasks, and how workflows will look in QuickBooks Online. We’ll help your clients feel comfortable doing daily tasks, and our Customer Support team can even help them compare specific reports from QuickBooks Desktop to QuickBooks Online to ensure accuracy of data migration. Your clients will learn about the Gear icon, +New button, Banking, and more to get the most out of their new QuickBooks Online experience.

If your client would like to purchase QuickBooks Online and learn more about personalized setup, please call 800-459-5183, M–F, 8 AM to 8 PM ET. Learn more

Multi-company discount in QuickBooks Online

In a nutshell: For a limited time, Desktop clients with multiple companies can now take advantage of a multi-company discount of $10/company per year for 2 years, when making the move online.

  • Requires one copy of QuickBooks Online Plus (applies to subscriptions with ProAdvisor discount), up to 10 companies.
  • Offer valid through Oct. 31, 2022. Standard discount is $20 per company.
  • Learn more or call 888-241-3279 to claim this offer.

QuickBooks Desktop will stop supporting Windows 8.1 in 2023

In a nutshell: As of Jan. 10, 2023, Microsoft will no longer provide security updates or support for PCs with Windows 8.1.

At Intuit, the security of our customers’ data is a top priority. To help customers protect their personal information, we recommend you upgrade to Windows 10 before QuickBooks installation.

Please note that if you purchased QuickBooks Desktop 2023, you must upgrade Windows 8.1 in order to run the software smoothly.

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**Product Information

QuickBook Online Payroll & Contractor Payments: Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services, subject to eligibility criteria, credit and application approval. For more information about Intuit Payments Inc.’s money transmission licenses, please visit https://www.intuit.com/legal/licenses/payment-licenses/.

Next-day direct deposit: Deposits processed before 5 PM PT the day before shall arrive the next business day (excluding weekends and holidays). Requires setup of direct deposit and bank verification. May be subject to eligibility criteria. Deposit delays may occur because of third party delays, risk reviews, or issues beyond Intuit’s control.


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