QuickBooks for Mac 2020 – yet another powerful accounting software from Intuit, comes with advanced technical and functional capabilities. The software is so convenient and easy-to-use that a person without any accounting knowledge can also use it.
What is Quickbooks for Mac?
As the name suggests, QuickBooks for Mac is QuickBooks’ Mac-compatible version. QuickBooks for Mac is the best software in the industry available for users who prefer an on-premise offline accounting solution.
In 2017, Intuit announced that QuickBooks Desktop for Mac 2016 is their last version of Mac supported accounting software, and it will be supported till 2019. However, seeing the demand, they came back with a new version and introduced a bunch of new features in QuickBooks for Mac 2020.
Some of user favorite benefits are:
- Easy conversion from PC to Mac and vice-versa
- Almost every necessary feature offered as in QuickBooks Desktop
- Professional custom invoices
- Simplified linking of financial accounts
- Easy-to-navigate UI
How Does QuickBooks Desktop for Mac 2020 work?
QuickBooks for Mac 2020 is similar to its 2016 version in terms of working. The purchased software is installed on your Mac device before you can use it. After the software is installed, you will need to enter the details of your business along with some documents, and you’re ready to start.
What’s New in QuickBooks for Mac 2020
The 2020 version of QuickBooks for Mac comes with some new and exciting features like a dark mode, updated reporting module, an improved dashboard, bounced check feature, iPhone camera scanner, and more.
Let’s have a look at some of them.
1. Invoice E-Payments
Collecting payments in cash can be a tedious task in this digital world. If invoices can be created and sent digitally, why can’t payments be made the same way?
With QuickBooks for Mac 2020, users can create invoices in which they can accept online payments via a credit card or bank transfer easily. Sign up for a QuickBooks Payments account and send invoices with e-payments enabled.
2. Dark Mode
Perhaps the biggest and ‘darkest’ change that comes with QuickBooks for Mac 2020 is the Dark Mode. You need to have the Mojave Operating System, and you can go ‘dark’ in your new version of QuickBooks.
It is a nice change to have because it gives your QuickBooks software a refreshed look while reducing the stress on your eyes.
3. Company Snapshot
Everyone loves a dashboard that provides a clear company overview and makes all the information readily available.
QuickBooks for Mac 2020 comes with a similar dashboard where the users can customize the layout according to their needs – move widgets from one place to another, change date ranges, and configure the type of graphics. In short, the users get an enhanced snapshot of the company ongoings.
4. iPhone Scanner Integration
Apple has a very loyal userbase, which means that users who use a Mac also use an iPhone.
So, they wish the two of them to sync together easily; the same goes for QuickBooks. With the latest version of QuickBooks for Mac, the users can easily upload text searchable images from their iPhone cameras to their QuickBooks for Mac.
5. Bounced Check Processing
There might occur a situation where you receive a check from a customer, and it gets bounced because of insufficient funds. The bank will charge you a specific fee for the same. It can quickly be taken care of in QuickBooks for Mac 2020.
The software records the bad transaction, and you can also charge your customer for the same.
6. Report Sidebar
Making changes in a report can be a confusing and tedious task. One wrong entry and the whole outcome could change. Keeping this in mind, QuickBooks for Mac 2020 comes with a sidebar that hosts all the customizable options onto a sidebar, making them easier to locate and use. Changes made in the sidebar will be reflected in the report immediately.
7. Batch Invoicing
Quite a lot of businesses sell the same product or service to a number of customers; sending the same invoice to each customer individually wastes a lot of time. With Batch Invoicing in the latest version QuickBooks Desktop for Mac, you can send a single invoice to multiple customers in the same time-frame.
8. Multi-User Access
Accounting firms usually complain about not having multi-user access for their employees. QuickBooks for Mac 2020 allows three users to access your QuickBooks data. The business owner will have the admin rights and can allow two more users to access the data.
If You Use QuickBooks on Mac, Go for Cloud Hosting
Mac users stick to solutions made for macOS for reasons like design, robustness, and aesthetic appeal. QuickBooks Desktop for Mac is an efficient accounting solution, but when it comes to using it on local systems, there are certain hardware restrictions.
The integration of QuickBooks and the cloud offers greater flexibility and robustness to the accounting process. The cloud also offers benefits like processing power, remote access, high scalability, better security, and the like.