Quick Guide of QuickBooks Desktop 2023

Intuit always keeps on releasing new features in QuickBooks from time to time. The entire QuickBooks users are always curious to know the latest feature and their benefits. Every year QuickBooks releases new features and functionalities. QuickBooks desktop 2023 has been released with new and advanced featured tools. In this article, you will get all the information about QuickBooks desktop 2023 like its cost, features, and license policy. So be with us till the end of the article.

QuickBooks Desktop 2023 - Screenshot
QuickBooks Desktop 2023 – Screenshot

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The price list of QuickBooks desktop 2023 is given below.

The cost of QuickBooks desktop 2023

QuickBooks Desktop ProductsPrice
QuickBooks Desktop 2023 Pro Plus$549
QuickBooks Desktop 2023 Mac Plus$549
QuickBooks Desktop 2023 Premier Plus$799
QuickBooks Desktop Enterprise 23.0Price is unchanged for the 2023 launch
QuickBooks Desktop 2023 ProAdvisorPremier Bundle $799
QuickBooks 2023 ProAdvisorEnterprise Bundle $1299

The Cost of QuickBooks Online 2023

QuickBooks Online Version ProductsPrice 
QuickBooks Online Simple Start $30/mo
QuickBooks Online Essentials$55/mo
QuickBooks Online Plus$85/mo
QuickBooks Online Advance$200/mo
QuickBooks Online Multi-Company PackageParent Entity-30% off current retail price. $20 for each additional file. 

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The latest and improved features of QuickBooks desktop 2023

QuickBooks desktop 2023 has brought new and advanced features for all the users of QuickBooks and accountants. There are mainly five new enhanced features introduced in QuickBooks desktop 2023 such as intercompany transactions, updating track vehicle mileage, the cash flow hub, report optimization, and enhancing bank connectivity.

Updating Track Vehicle Mileage

Vehicle mileage monitoring is not a new feature of QuickBooks. It can be accessed from the company menu. You can track mileage using only mobile devices that support iOS. Only the users of QuickBooks desktop enterprise, pro plus, and premiere plus can track mileage. Using this tool, you can easily record, monitor, and view company mileage in one location using a computer desktop or mobile device that supports the iOS operating system. This feature requires a connection and login into intuit account to be accessed.

New Cash Flow Hub

This feature allows you to monitor, manage and track the cash flow in a convenient way. Using this tool, you can check out the account balances, add accounts to the list of accounts being tracked, analyze the trends in the cash balances, monitor the performance of the cash flow hub over a certain time period, track the available cash, control the money in hand and money out transactions as well as control past-due invoices and payments. This feature is presently accessed by accountants in the US who use desktop plus and enterprise. The cash flow hub can be accessed from the company menu.

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Latest Node Card Reader

The latest node card reader is another feature of QuickBooks desktop version 2023. You can access this feature in QuickBooks desktop pro plus, premier plus, accountant plus 2023, and all editions of QuickBooks desktop enterprise 23.0 with an active QuickBooks payments account. To access this feature, you have to click on the pick customers tab and then proceed to the received payment from the menu bar. 

This feature helps the QuickBooks desktop support the latest node card reader. As a result, the user can access contactless cards, apple pay, Google play, and a variety of other types of payment from the clients. With the help of this feature, the payments can instantly be recorded and matched to make sure that the books remain structured without any additional work.

Inventory Expiration Date on Lot Number

The inventory expiration dates on the lot number feature are found in the Enterprise Accountant 23.0 and QuickBooks Desktop Enterprise (Platinum, Diamond).this feature can be accessed by signing in as an admin user. After that, you have to select the Edit tab and Preferences tab. Thereafter, you are required to select the items and inventory from the menu bar and then move to the Serial/Lot No. & Expiration tab after clicking the Advanced Inventory Settings button. On doing so you will be able to pick items that are required a lot number and expiration date if required.

With the help of this feature, thorough multi-level categorization and supports expiration dates and you can manage the inventory easily and successfully. You can simply minimize business losses and sell goods quickly by assigning the inventory expiration dates and putting them into the transactions such as sales orders, invoices, etc. Furthermore, you can enjoy lower business liability by adding expiration dates in client interactions. You can also use the reports on inventory that has expired or is going to expire by lot or serial number as well as a history of transactions, to take prompt action. 

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Improved Report Optimization

Users with large company files often face difficulty in the report compilation time with some of the more complicated reports in QuickBooks. This advanced feature will improve report compilation performance for bigger company file sizes (>300 MB). Although the reporting interface won’t change yet these reports load more quickly than they did in earlier versions of QuickBooks Desktop 2023.

Inventory Categories

The feature inventory categories help the user define items in almost any way they see fit and prevent the misuse of the item naming standard that make reports valueless. The user can access the item categories by hitting add/edit tab of the item list. Additionally, the service/item list icon is under the company portion of the home page.

Payment Links

The feature, a payment link is available for the QuickBooks Desktop Pro Plus, Premier Plus, Accountant Plus 2023, and all editions of Desktop Enterprise 23.0, having an active QuickBooks payments account. By sending a payment link, the user can easily receive the money for purchases that do not need an invoice as well as the new payments links dashboard lets you see the status.

This feature is also helpful in getting the amount without creating an invoice for initial consultations, advance deposits, and much more. Moreover, the new payment links dashboard allows keeping the track of the progress of the request and issue reminders. The user can conveniently send them a link to the customers using text messages or email to make a payment.

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Conclusion

This blog has discussed all the features of QuickBooks desktop 2023 and we hope that you will have understood this new version of QuickBooks. However, if you have still any queries regarding the above-given points, you are highly recommended to reach out to us by writing your query in the comment section.

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