Wednesday, September 13, 2017

QuickBooks Desktop 2018 : Top New Features in QuickBooks

Intuit is all set to launch QuickBooks Desktop 2018.
And, there is a rising curiosity among everyone to know what new features Intuit will offer.
Since past few days, accountants and our several readers are continuously asking us about what all they can expect from QuickBooks Desktop 2018.
To answer all the queries and put your desperation to the rest, in this blog post we will look at all the new features of QuickBooks Desktop 2018.
Let’s begin.
Newly Added Features in QuickBooks Desktop 2018

Chart-of-Accounts Search-Box
Several times you may have faced hassles while searching for specific Chart-of-Accounts (COA) because earlier versions of QuickBooks did not have “Search Box”.
In the QuickBooks Desktop 2018 version, Intuit, however, comes with all inclusive Chart-of-Accounts Search-Box, which will definitely ease your COA search.

Remain Logged-in

With earlier versions of QuickBooks Desktop, you needed to log in every time you switched or opened another file.
However, QuickBooks Desktop 2018 version offers an option to remain logged-in every time when you move to another file.

New Multiple Monitor Support Feature

Intuit has exactly done what many customers have been repeatedly asking for.
Yes, with QuickBooks Desktop 2018, you can work on multiple monitors at the same time and there will be no longer need for switching from one monitor to the another.
This new feature will surely enhance the overall efficiency of professionals who work on more than 1 monitor.

Past Due Stamps on Invoices

With current versions of QuickBooks, are you facing hassles while identifying past due invoices or sending reminders to your customers regarding overdue payments?
If yes, you don’t need to worry anymore. QuickBooks Desktop 2018 comes with the feature of Past Due Stamps on Invoices, using which you can easily filter and identify past due invoices and also get them printed in PDF format.

Cash/Accrual Toggle on Reports

As of now, with earlier versions of QuickBooks, such as QuickBooks 2016 or 2017, you may be going through a real tough time for changing or customizing your financial reports.
But, in all new QuickBooks Desktop 2018, Intuit has added Cash/Accrual Toggle by which making any changes or customization of financial reports will become a cake walk.

Payroll Liability Reminder

If you are bad in remembering specific dates when payments need to be made than here is the real remedy.
QuickBooks Desktop 2018 comes with Payroll Liability Reminder that keeps you alerting 7 days prior to payroll deadlines.

Enhanced Inventory Reports

QuickBooks Desktop 2018 version comes with the additional feature of Enhanced Inventory Reports, which will allow you to easily customize different needed columns within Assembly Shortage of Items, Inventory Valuation Summary and Inventory Status of Items reports.
However, there is a small exception. QuickBooks Desktop 2018 ‘s Pro edition will not have this feature.

Webmail Users: Secure Webmail

The all new QuickBooks Desktop 2018 comes with an enhanced security feature. Earlier versions of QuickBooks relied on SMTP technology, that webmail providers do not consider safe and secure anymore.
The enhanced QuickBooks Desktop 2018 uses OAuth 2.0 specifications which are highly secure and safe.
While using webmail in QuickBooks Desktop 2018, you will also don’t need to log in again and again, instead, you will just need to log in using your credential only once during setup.

Sales Order Fulfillment

Keeping an eye on the real time information on sales order fulfillment is now easy with QuickBooks Desktop 2018.
Sales Order Fulfillment Worksheet can now be used with scanners, android applications and even manually.

Merge Multiple Vendors

To ease your vendor management, QuickBooks Desktop 2018 has a special feature called Merge Multiple Vendors.
By using this feature, you can merge multiple vendors (maximum 4) in a go.
At the same time, you can also retain the master list of the vendor for any future usage.

Summing Up

Intuit has really worked on customer feedbacks and the new age business needs. QuickBooks Desktop 2018 will surely be a game-changer in managing financial reports and at the same time will ease down several criticalities that accounting professionals face in their day-to-day life.
In case, you want to upgrade to QuickBooks Desktop 2018 version or want to avail our QuickBooks Hosting services, feel free to contact us. We also have special offers waiting for you.

Ref : https://www.techarex.net/blog/quickbooks-hosting/quickbooks-desktop-2018-top-new-features/


Tuesday, August 1, 2017

7 Characteristics of the Perfect QuickBooks Hosting Provider

A plethora of options are available today in the market for QuickBooks hosting service providers – leading to challenges in picking the right one for your business. All offer additional services, wear the ‘trust us’ tag and show the best of them. But this is not what should take your attention. If you want to pick the best QuickBooks hosting provider, your first step is to create a checklist of your requirements and then use this for evaluating hosting service providers.

Few points that you should keep in mind when choosing a QuickBooks hosting provider should also cover –

1. QuickBooks hosting : Access from Anywhere, Anytime


The flexibility that a QuickBooks hosting provider provides is immense. You can work from anywhere at any time using any device. The only thing that you need to have is a device and internet connection. A premier QuickBooks hosting provider gives you the option to carry your business wherever you go. 

However the server speed of the provider may impact your work if it is not as expected. Even if your internet connectivity is strong but the server lacks required speed you may face challenges in the overall performance. Make sure to check this when deciding the provider and the service.

2. Performance and Reliability


To run your accounting seamlessly it is important that the provider has a good performing server. You don’t want to be facing a slow system every time you are uploading a file, downloading reports, generating an invoice or updating a transaction. This alone can have a long checklist to ensure that the QuickBooks hosting service provider has reliable server speed. 


Characteristics of QuickBooks Hosting Provider


The 2 main factors that you must look at   – 


1. Has the provider addressed the need for independent disks to take care of any fault-tolerance? If yes you can tick the first checklist point. 

2. While natural calamities cannot be predicted and avoided, the least that a QuickBooks Hosting Provider can do is not to setup data centers in areas prone to natural calamities.

3. Compliance with Security Standards


For a business, security and confidentiality of business data is always of most importance. It increases, when you have to partially share the control of your data to ‘put it up on the cloud’. While choosing the right QuickBooks hosting provider, be sure to check the security standards your provider complies with. For example the provider should be at least compliant with SAS 70 which is a widely recognized auditing standard. Other than the compliance standards it is also important that you check the physical security of the data centers.

Once you have checked the security measures, and shortlisted vendors who are compliant to security standards, select the one based on the value added services, cost and brand name.

4. Data Backup and Storing


Taking data backup is crucial and so is deciding what to backup and at what frequency and time interval. A reliable QuickBooks cloud service provider will ensure that these details have been taken from the client and the backups are done at the pre-defined time intervals – once a week, twice a week, fortnightly or perhaps daily. The shorter the time gap, the better is the security of your data in case of a system failure or natural calamity. Multiple consistent copies of your data is kept at multiple data centers of the QuickBooks provider to allow you to run your business even in case of disaster. A click-of-button stores data as soon as you need it. Shortlist the QuickBooks hosting provider who has been able to ask you the right questions around this and is able to submit the best plan-of-action for backup and disaster recovery management. 

5. A better ROI


Among many benefits that hosted software provides, reduction of cost is the main deciding factor for many businesses. One major advantage of choosing a hosted software service is that the business need not worry about paying for supporting hardware, or server space etc. But there is more than what meets the eye! Not considered mostly in the areas where cost is saved – money spent on getting the best security for data centers is a huge amount. Systems to manage permission-based access involve a lot of cost and so does enterprise security software. Ask you QuickBooks hosting provider for details about this.

Above this the cooling environment that is provided to data center also involves both money and efforts – you don’t have to worry about this as your provider will include all of this cost in the amount he charges you. It is still more beneficial for you with un-necessary cost and hassle in getting all this done.

6. Flexibility of Scaling


Accounting related work may have its peaks and lows and hence a QuickBooks hosting provider who can take care of scaling up and down quickly as the business demands is essential for any business. Most of the QuickBooks hosting providers are flexible with providing licenses quickly for a defined period of time thus helping you in running your operations smoothly during crucial times.

7. Support


Post-sales support or customer support, both are essential when going for a hosted application. With the widespread of cloud services the services provided might be at a distant location – hence it is crucial for you to know the kind of services, SLAs (service level agreements) to resolve issues and availability of a support team. If the service is of 24/7 then that is the provider you are looking for. Shortlist and move ahead on discussions further.

Among many other QuickBooks Hosting service providers, Techarex Networks takes care of all above mentioned points and is the most preferred provider among businesses of all types. With 99.9% server uptime and round-the-clock support, ease of flexibility and a strong backup recovery process, Techarex Networks is the preferred Quickbooks hosting provider you are looking for.

Wednesday, July 19, 2017

QuickBooks Desktop Enterprise 2017: Business Accounting Software


QuickBooks is all set to launch the successor of its 2016 version; all new QuickBooks Desktop 2017 as a latest business accounting software. All desktops variants of QuickBooks (Pro, Premier and Enterprise) are now available for users.

This latest Version will offer new features in order to simplify accounting and various improvements.

latest version QuickBooks Desktop Enterprise 2017

IMPROVED FEATURES IN QUICKBOOKS DESKTOP

1. MULTI USER EXPERIENCE IS IMPROVED IN QUICKBOOKS DESKTOP
No need to switch frequently between Single user and Multi user mode.Bill payments, printing and scanning checks, link estimation and invoices all can be done even in Multi user mode (Available only in Enterprise Version 2017).Even switching modes become faster and easier.

2. DELETED USER DETAILS ON AUDIT TRIAL 
Even when Admin user deleted user names associated with transaction, Audit Trial can retain and display them. Tracking of deleted users and marking.

3. SECURITY IMPROVEMENTS
To keep your business safe, QuickBooks added a new feature called Multi-Factor Authentication.

4. REMINDER OF UNDEPOSITED FUND
Explicit view which deposits needs attention and notify about pending deposits.

5. QUICK FILTER SELECTION
 QuickBooks Added “SELECT ALL” and “CLEAR ALL” options in QuickBooksQuickBooks 2017.

WHAT IS NEW?

1. SMART SEARCH
Latest version will include Easy and fast search option. You can search while typing.
Also, you can now search for range of values.

2. SCHEDULED REPORTS
You can now set up a schedule for reports and have them automatically sent as PDF attachments email messages at scheduled time even if QuickBooks is closed.

3. ENHANCED CREDIT CARD STATUS
On Credit Charge Window, QuickBooks added a new CLEARED icon if the transaction has been cleared.

4. REPORT FILTERS
Now it is easier to reproduce memorized posts with visible filters. Also, in QuickBooks 2017 you can filter by customer type.
THE BOTTOM LINE

The latest version QuickBooks Enterprise 2017 is now available for purchase.
You can either purchase it directly through Intuit or its genuine resellers like Techarex Networks. 

Wednesday, February 22, 2017

An Overview On PAYROLL 2.0 In SAGE 100 and Sage100 Hosting Service

You might have heard that the Sage software has been working on rebuilding the payroll module which will be known as Sage 100 - Payroll 2.0. According to the information that has been released recently, it seems to be represented one of the most significant changes in the product in a while. Sage recently published some videos by that we get a sneak peek of what’s coming and here we will explore in this article.

Migrating to the Business Framework:

As you already know that if you're using the payroll module, then it will still work in the legacy framework whereas many of the modules around have been migrated to the more modern business Framework. Sage 100 Payroll 2.0 will be migrated to the Business Framework which will open up the things for the more significant strides in its features as well as capability.

Recently, Sage has published a series of videos that are basically designed to showcase the progress about they’ve made with Sage 100 Payroll 2.0. So, here are some of the highlights:-

1.      Payroll Setup Wizard:
A new payroll setup wizard will take you to the step-by-step through a series of questions that will help you in getting up and running with the options that configured the way for your business processes payroll.

2.      Payroll Setup:
The highlights of the new payroll setup functions have the capability to start processing the next payroll quarter without closing the previous one. It also has enhanced the ability to reset the time off hours, has better organization of the tabs and options to turn on the features that match your business requirements, and much more.

3.      Employee Maintenance:
The highlights of the new employee maintenance features include newly added fields like job title and emergency contacts, expanded fields of the employee name, new fields of the medical coverage, vet checkbox and date of military separation, and up to nine separate pay rates.

4.      Payroll Data Entry:
The new payroll data entry process will be improved with a number of new options for enhanced date controls, pay cycle, a hyperlink for accessing the employee maintenance fields with enhanced security right from the payroll data entry screen, check reversals, enhanced payroll memos, and much more.
NOTE: Sage program has not yet published the video demonstrations publically on YouTube or similar platforms.

Payroll 2.0 Release Date:

This new Payroll 2.0 module will be included in the release of Sage 100 Ver. 2018 which is scheduled for the later year. 

Sage 100 ERP has a wide range of modules such as CRM (customer relationship management), human resource, financial forecasting, payroll management, e-business,  manufacturing, accounting, finance and inventory management, purchasing and sales management, etc.

These modules have seamless integration among them and are apt to meet the individual requirements of different businesses.


Apart from that, Sage100 ERP Hosting Service provider will take your business to the cloud and allows you to access it from the web and run it confidently. You just need to have an authentic login ID, password to access your data on the servers.

You can also know about Sage 50 Accounting.


Monday, February 20, 2017

Reasons : Why Do You Need Accounting Software for Your Business?


The best way to finalize the best accounting software for your business is to find out the reasons. Once, you figure out the reasons, search options and implement on your needs so you may make a worthy investment for the accounting services. You always look ease and efficiency in the software. For this, you need to do a better research. Read about a few factors that you should consider before finalizing software for your company's accounting deeds- 

You Want To Avail Great Benefits


There is no denying that using accounting software could be highly beneficial from the very first day rather after a few months or years. This sets your business up for the success and enhances the chances of copious business profits. You do not need using spreadsheets and handwritten ledgers that take longer time.

You Want To Grow Your Business


If you expect more expansion from your business in a short time, use of accounting software is the right choice. It helps to grow your business faster and save tons of time, money, efforts and manual interludes.   

You Want To Do Everything in One Place


If you want to integrate various parts of accounting operations together and wish to automate input data from other systems like ERP, Point-of-sale, CRM etc, you can streamline the process with the software. It keeps entire accounting tasks automated and link the bank accounts to automatically track expenses or income. 

You Want To Switch To Easy Operational System


If you think that your accounting system is too complicated to meet save your efforts, switch to accounting software. Your business may not be suitable for the system you utilize. By switching a compatible and most fitting solution, you can get rid of complex and packed with unnecessary features. The market is flooded with options made specifically for different sizes of business. Choose most appropriate from the list. 

You Want Real-Time Access of Your Information


If you want immediate and on-demand access to your company’s finical data and other important files without physical presence at the work-place, you can think about the accounting software available in a wide variety. Use of the software gives an easy-to-access database of information.
Software like Sage 300 software and Sage 300 software Hosting Services,   is a package of fully automated, highly technological and advanced features. You can run the business just with a few taps in a cloud environment.  But do not forget to search right place that offers great Sage 300 software hosting services and pricing for more functional accounting software.


Note : Sage 50 Accounting Software, also called Peachtree Accounting Software is business management software made by Sage Group.





Friday, February 17, 2017

The New Security Tax Practices for IRS and Software Makers

IRS, state tax agencies and industry partners have come up with plans to improve identity theft protection in 2017. These government bodies have carried the decisions after making important inroads against the fraudulent returns. 




Individuals and taxpayers will become able to take advantages of these new plans. The leaders of private and public sectors have announced that their collective efforts have led to a significant improvement against the prevalent issue of identity theft.

Every year, large number individuals become the victims of identity theft. According to a recent survey, stolen identities have fallen by 50 percent in comparison to a year ago. Individuals, now, feel safe while filing their returns and fulfilling the formalities.

During the press conference in Washington, the summit leaders explained new and expanded safeguards for taxpayers in upcoming year i.e. 2017. The tax season in 2017 will bring more safety benefits and help ensure the authenticity of the taxpayers and tax return.

The IRS commissioner said “Our team has succeeded to make remarkable progress in order to protect taxpayers. Working together, the coalition has expanded the activities in many areas. We are constantly focusing on strengthening our system and processes for upcoming season.

The key IRS statics had dramatic impact on collective ability to recognize and prevalent fraudulent returns. This simply means less bad returns, fewer bad refunds and less risks of becoming the victims. Below are a few examples or the transformation traced by the Internal Revenue Service-
  • The number of identity thefts dropped 50 percent during the first nine months of 2016. Means, less people with the claim of identity theft. Number of new affidavits filed fell to 237,750 compared to 512, 278  
  • Quite a large number of fraudulent returns stopped before they started 
  • The number of bank partners grew to a great extent for numerous institutions enabling constantly improving internal process. Countless  suspect refunds stopped by the banks and also returned to the Internal Revenue Service more than 50%    
  • Both the industry and state partners provided information. This information helped the main body to improve fraud filters and stop other bad tax returns.

Apart from these, many more steps are left to be taken to improve entire tax process during this year. Various new data elements would be added to offer additional information for authentication purpose.
The tax industry will share 32 data elements with IRS and states. The software industry is likely to adopt more technological elements to improved software password requirements. Individuals and tax professional users would be able to make more profits with additional safety aspect.

The software like Drake tax will help the users to protect the tax information protected within high-tech safety environment.

At the same time drake tax hosting services or drake tax cloud hosting solution will emerge up with more technical advancement. Not only drake tax software, other tax solution like Turbo Tax, Ultra tax, Lacerte tax, ProSeries tax etc. will make similar contribution towards safer and more secure process of tax return. 

Security for Your QuickBooks Premier Hosting – A Fueling Business Issue

The internet seems to be connected with the questions regarding security. Any program or service that is running over the internet, raises the suspicion of some kind of threat or attack dragging in. Around all of this, the question arises, 'Is my accounting data secure?' and it is quite obvious.

As the capital and operational expenses account for the major part of decision making for QuickBooks Premier hosting service, still, the security consideration is equally important. Then, how to ensure that your data is safe? 

There are three major points that allow you to be free from this mental turmoil of security regarding

QuickBooks premier software.

1. Physical Security
If you are wondering about the physical location of your servers and the connected security, then physically there are huge data centers that have multiple servers setup at one location. The hosted QuickBooks Premier software is hosted on such servers so that the clients can access from a remote location.
Organizations that are committed to the security of your critical information ensures that all the access to the data center is authorized. The access is usually based on the two-step verifications method that is based on the biometric as well as card-based access. 

Apart from that, this highly sensitive information centre is guarded by CCTV cameras round the clock to monitor the access.

2. Virtual Security

The network security of the hosted QuickBooks is the most vulnerable of all. There is also a provision for the series of firewalls in order to protect the critical data. The intrusion detection systems ensure the complete monitoring of any kind of suspicious activity that takes place. 

The system is completely protected with highly advanced antivirus software that protects each and every bit of data that is stored on the servers. Moreover, the proper 128 bit encryption is implemented at the network end and also the LAN network is clubbed with the proper tunneling. 

Apart from all this, the data backup on multiple protected servers ensures that in the case of any kind of natural calamities, the data of the client will be safe & secure and can be recovered to the mark of their last checkpoint.

3. Trust is Very Important

You have to trust your service provider. When you are considering QuickBooks Premier hosting solutions, so the providers may not offer you any legal documentation for the security of your critical data but they do offer their word. 

Even Intuit inc. states in its documentation that the data may be used for the comparative analysis but the client data will not be accessible to any other firm or to any other unauthorized server personnel. The data lies protected with the hosts. 

 They also may perform some tests in order to analyze the weaker sections of their services. However, by using or leaking out the client data is what will totally break down their corporate image in the market and which organizations would want that.

So, if you are going to opt for some hosted QuickBooks Premier provider, you have to make sure you ask all about the security at both the physical as well as network end and lay your trust on your particular service provider.