Last updated on July 18th, 2022
Over the years, Intuit has made it a priority to update all versions of QuickBooks – Pro, Premier, Enterprise and Accountant every year, to fix issues and achieve a better end-user experience.
Among them, QuickBooks Pro is an ideal financial accounting solution for small business accounting firms catering up to 3 users. It comes in two variants- Pro and Pro Plus with a purpose to help accounting professionals manage their accounts and expenses better.
QB Pro 2020 includes a variety of updated and improved features like automated payment reminders, combined multiple emails, company file search, more accessible admin password reset, and more to help accounting professionals work more efficiently.
Let’s see what’s new and improved in the latest updates to QuickBooks Pro 2020 in comparison to 2019 and 2018 editions:
|NEW! Get automatic payment reminders||Yes|
|NEW! Add customer PO numbers||Yes|
|NEW! Consolidate multiple invoices into just one email||Yes|
|NEW! Collapse columns to see simple, easy to read customer totals in reports||Yes|
|NEW! Smart Help feature||Yes|
|NEW! Easy payroll setup with employee self-setup||Yes|
|NEW! Easily find, open, and access company files||Yes|
|Get real-time view of invoice statuses.||Yes||Yes|
|Swift transfers of customer credits across jobs||Yes||Yes|
|Track pending payments to vendors, from check to bill pay||Yes||Yes|
|Reduce the file size without deleting any data easily||Yes||Yes|
|Easily upgrade and transfer your QuickBooks files to a new device||Yes||Yes|
|Get access to your QuickBooks software on multiple devices
QuickBooks Pro supports up to 3 monitors. This feature is not available in a hosted environment
|Save your valuable time with searchable chart of accounts||Yes||Yes||Yes|
|Deliver your payroll taxes on time with an on-screen reminder which is available with enhanced payroll subscription||Yes||Yes||Yes|
|Analyze business performance on a cash basis with just one click||Yes||Yes||Yes|
Now let’s discuss the latest features in detail:
1. Send automatic payment reminders
Use this feature to make sure you get paid on time every month. You can set email reminders to notify your customers when its time to pay their invoices, either automatically or manually.
2. Add customer PO numbers
This new feature is available in all versions of QuickBooks Desktop 2020, which lets you include the Customer PO Number field in the email subject by editing any Invoice Email Template. It helps in tracking the customer information efficiently.
3. Consolidate multiple invoices into just one email
QuickBooks now gives you the option in Send Forms to combine forms to a recipient in one email to simplify payment processing for customers by just checking a box. So, now QB users don’t need to send invoices in separate emails to the customer.
4. Collapse columns to see simple, easy to read customer totals in reports
QuickBooks 2020 update comes with the Collapse Column feature which can hide unnecessary column details like jobs and classes. So now, you run a report and view the sums of data drawn by columns without scrolling through extensive reports or spending time importing/exporting data from Excel.
5. Get Smart Help feature
The Smart Help feature by QuickBooks is designed to improve the search experience with task-relevant content by using the F1 Key from anywhere within QuickBooks. Also, get access to live expert customer support through messaging and call back options from 6:00 AM-6:00 PM Monday-Friday and 6:00 AM-3:00 PM Saturday.
6. Setup payroll easily with employee self-setup
This feature includes simplified guided payroll experience for small business owners where they can invite their employees to fill their personal information securely.
Please Note: This feature will be rolled out in phases, first for QuickBooks 2020 subscribers, later for new or existing 2019 or 2018 subscribers.
7. Easily find and open company files
Now easily find, open, and access your company files with the addition of a file search option from the No Company Open window across multiple connected storage devices.
Other than the latest update for QuickBooks Pro 2020, Intuit also launched the latest updates for other versions of QuickBooks, including Premier, Enterprise, and Mac as well for the smooth functionating of business processes.
You can also host QuickBooks Pro 2020 on the cloud to get remote access, advanced security, and team collaboration.
If you want to buy QuickBooks Pro 2020 or have questions about it, connect with a Solutions Consultant at 855-223-4887.
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