Stay Ahead of the Curve: QuickBooks Desktop 2024's Advanced Features

 QuickBooks Desktop has been the go-to accounting software for small businesses for over 20 years. With its latest 2024 release, Intuit has added some exciting new capabilities to help users stay organized and work more efficiently.

Automated Transaction Matching

One of the biggest time sinks in accounting is manually matching transactions. QuickBooks Desktop 2024 introduces automated transaction matching using machine learning. When you import a bank feed, it will automatically match deposits and checks to customers, vendors, accounts, and more. This saves you tons of time while also improving accuracy.

You'll be amazed at how perfectly it matches complex split transactions across multiple accounts. Intuit estimates this feature alone can save up to 16 hours per month.

Smarter Search

Finding transactions in QuickBooks has never been easier thanks to smarter search capabilities. QuickBooks 2024 can understand questions typed in plain English and return accurate results.

Ask it to "show all bills from Office Depot last June over $50" or "when did John Smith last pay his invoice" and it will automatically filter to the right transactions. This makes it a breeze to find payments, bills, invoices, and other financial information.

Improved Inventory Tracking

Managing inventory is crucial for product-based businesses. QuickBooks 2024 makes inventory tracking smoother with new reports and insights.

The improved inventory dashboard provides warnings when stock of a particular item runs low. It also tracks inventory value over time so you can easily identify fast-moving products.

With these new inventory features, staying on top of your product stock has never been simpler.

Enhanced Payroll Features

QuickBooks Payroll has helped companies process payroll for years. For 2024, they've expanded capabilities to satisfy the needs of a growing business.

You can now offer employee self-service portals where they can view pay stubs, manage direct deposits, change personal information, and more. Configure permissions so employees only see certain data.

For administrators, custom pay types were added like piece-rate, cash tips, etc. The payroll dashboard was also improved with at-a-glance insights into issues, warnings, scheduled tax payments, and other critical data.

These payroll enhancements take yet another administrative burden off small business owners.

With these cutting-edge features and many other under-the-hood improvements, QuickBooks Desktop 2024 is shaping up to be their most powerful version yet. Intuit has clearly focused on using technology like automation and AI to help businesses save time and scale.

By staying current with the latest QuickBooks releases, you can stay ahead of the curve and set your business up for success.

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