Thursday, April 25, 2024
HomeBusinessWhat's new in QuickBooks Desktop 2023?

What’s new in QuickBooks Desktop 2023?

As we all know, About intuit brings New QuickBooks Desktop each year. recently. Intuit Has recently released a new version of QuickBooks US version 2023 that is more powerful and enhanced with new features. The most interesting thing is the Features Intuit added and eliminated with QuickBooks Accounting  Desktop 2023. In this article, you’ll receive all the answers to all your queries.

Requirements for a Minimum System for QuickBooks 2023

A system minimum needs to be a first checkpoint to make sure that your QuickBooks Desktop runs hassle-free in the coming time.

  • RAM Minimum 8 GB, Ideally 16 GB.
  • Processor At least 2.5 GHz, or above 8th Gen Processor from Intel.
  • Server Ram :
    • 1 to 6 users. Recommended 8 GB.
    • 12 users recommend 16 GB.
    • 18-20 Users recommend 24 GB RAM.
    • If you exceed 20 users, get help from experts by calling +1-888-704-1357.
  • Storage :
    • Minimum of 6GB space on the Hard Drive.
    • Note for optimal performance, you must make use of SSD.
  • OS( Operating System): Windows 10 and 11 with North America License.
  • DVD, or Combo Drive: This drive is required when installing QuickBooks on DVD.

New Features in QuickBooks 2023

Cash Hub for Flow

Cash Flow Hub enables you to quickly navigate through, manage and monitor your money flow. It’s the one-stop solution to access the accounts you monitor to check the status of your cash including banks, credit cards, and loans. You could also manage your cash-in and cash-out transactions by logging in here.

This Cash Flow Hub Trends feature graphically shows the changes in your balances in time, allowing you to identify significant financial flow indicators that affect the future cash position. This lets you make plans for the future using the upcoming transactions that could impact the flow of cash.

Tool to calculate the cost of your vehicle

While QuickBooks premier has a function to track vehicle mileage and expenses but it will be different with QuickBooks 2023 Edition. It’s accessible via the Company menu. Utilizing a brand new (iOS) mobile application it is possible to track the miles you drive and connect these to the QuickBooks Company account.

There is no need to worry about maintaining a record of the distance you travel on your commute to work by using the brand-new mileage app. If you enter your trip’s starting and ending locations the miles will be calculated automatically for you. In addition, you don’t have to be concerned about them since QuickBooks will gather the most current IRS mileage rates on your behalf of you and utilize them to calculate the value of each trip’s miles.

Track vehicle mileage is available for all QuickBooks 2023 Desktop Plus, Enterprise, and Accountant customers in the United States as of the first release (R1) launch.

Enhancement of Report Optimization Process

Customers with huge size-of-company files typically face difficulties in the compilation of reports in the course of running QuickBook’s more complicated reports. The types of reports that are available include the Aging Reports for A/R.

QuickBooks has introduced back-end improvements for 2023, which will improve report performance in larger files for businesses (>300 megabytes).

Although the interface for reporting remains unchanged, users will observe that the reports load much faster than the older version of QuickBooks Desktop.

In the 2023 initial release (R1) release The Report Optimization is now available for every 2023 Desktop Plus, Enterprise, and Accountant user across Canada and the United States and Canada.

Summing-up

We hope that the information we have provided has been helpful. Now you’ll be able to determine whether you want to keep using the old version of QuickBooks Desktop or purchase the brand new QuickBooks 2023. If you still have questions or doubts which were not covered to answer in this post

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments