QuickBooks for Mac 2012 – New Features and Enhancements You Need to Know

As a QuickBooks ProAdvisor providing bookkeeping services specializing in QuickBooks for Macs, I know how important it is to keep up with the latest developments and was excited to see what is new with QuickBooks. Intuit has recently released QuickBooks for Mac 2012 with over 50 new features and improvements allowing small business owners better tools to access their important financial information. “As more and more small businesses adopt Macs, we see increased adoption of QuickBooks for Mac,” states Dan Wernikoff, Senior Vice President and General Manager of Intuit’s Financial Management Solutions Division. I truly feel that 2012 has been the most robust upgrade for QuickBooks for Mac. Some of the new features include: 1. Improved search functionality. You can now assign keywords for locating client transactions, vendor invoices, employees, items and accounts. You can apply filters for specific search results and save the search criteria for future reference. 2. Progress invoicing is now available. You can easily create multiple invoices from a single estimate for a project over a specific time period or by percentage based on line items. 3. When entering vendor invoices and you are not sure if you invoiced for reimbursed expense, you can now sort invoices by date, amount, number, or customer eliminating the need to flip through each invoice entered. 4. As in the PC version, the panel view of customer and vendor account activity including payments, invoices and notes is finally available in the Mac version. This is a tremendous time saver as you quickly glance through client balances, and vendor invoices. 5. Online Banking. Intuit, the owner of Mint, the popular financial app for your iPhone has certainly made some great improvements for online banking. You are able to download multiple transactions from both your bank and credit card institutions into QuickBooks at the same time. In prior versions you needed to enter each one individually. This is a huge time saver especially for those that have a large volume of credit card or debit transactions. Smart rules also help in matching payee to the proper chart of account. 6. Report preparation is also streamlined. Data can easily be imported to Numbers or Excel for additional analysis allowing you to add graphs and reports easily into printed reports in Pages or Word. In addition, Intuit is offering to all QuickBooks for Mac 2012 customers, one hour of free technical support as part of their new Get Started Right Program. I have been using QuickBooks for Mac for a few years now and this release is the most robust upgrade to date. With more and more small businesses switching from the PC/Windows platform to the Mac environment, it is good to see Intuit taking the Mac business user seriously.