“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions & Point of Sale users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Ask The QuickBooks Gal!
Ask the QuickBooksGal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in our series of “Quicklets” – informational podcasts about QuickBooks and related bookkeeping topics.
There is a major release for QuickBooks 2008 available now for manual downloads. It will be available December 13th in automatic download, but you can get it now by going to the R8 update page.
What is the difference between a manual and an automatic update? Simply put, manual updates must be accessed and downloaded from Intuit's website and then installed to your computer. Automatic updates (which you should all have turned on) work behind the scenes to keep your version of QuickBooks up to date.
Current users of QuickBooks 2008 may notice that R3 is the first major update...that's right; there wasn't an R2 update because so many of the effects of that one overlapped those in this release. This happens sometimes, so go ahead and use this one. Again, this is a major release.
QuickBooks 2007, Release 10 is a minor release and will be live on the web and included in automatic updates on Monday December 10th. As with version 2008, the updates skipped a release number...R8 was the last one and there will not be an R9.
QuickBooks 2006, Release 11 is also a minor release and will be live on the web and included in automatic updates on Monday December 10th.
TIP: Use the "Select a Different Product" button to check on a different version of QuickBooks from the version that is your current default. Follow the on screen instructions to proceed with your version-specific download.
Here are a few of the significant improvements in QuickBooks 2008 R3:
If you are using the Accountant's Copy in QuickBooks 2008 R3, there is improved reconciliation functionality. With R3, either the client or the accounting professional can reconcile bank accounts and credit card accounts while the Accountant's Copy is being used by the Accounting Professional.
If you reconcile a specific account while your accounting professional has an Accountant's Copy, your work will be will be retained as long as your accounting professional does not also reconcile the account while he/she worked in the Accountant's Copy.
If you and your accounting professional have reconciled the same account, your accounting professional's work will be considered the dominant copy and will overwrite your work when the Accountant's Copy is restored to your system.
When using QuickBooks Premier Accountant Edition 2008, accounting professionals are now able to share an Accountant's Copy with their clients in either QuickBooks 2007 or QuickBooks 2008.
VERY IMPORTANT TO REMEMBER:
In order to take advantage of the revamped reconciliation ability; both the client and the accounting professional must have installed R3 or this will not work.
I want to remind everyone to back up your data....we're so close to the end of the year that it would be a shame to have a crash and lose all of the year's work at this late date.
I was at Costco today and saw an external, portable hard drive for $79.00 so there's just no excuse for not backing up....the technology is so easy and inexpensive!
If you haven't ordered W-2 and 1099 forms yet, visit my website store at quickbooksgal.com for money saving specials.
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I'll be next time with a podcast about handling
sales & purchases when your customer is also your vendor.
Look for more QuickBooks Topic-Focused podcasts in the future. I hope you will continue to find my podcasts informational and helpful. If you have questions or comments, send me an email at firstname.lastname@example.org. If you’ve "Got A QuickBooks Mess? Call The QuickBooks Gal!"
If you have questions that you would like answered on-air, drop me a line at email@example.com
Don’t forget that we are now serving Reno, Lake Tahoe, The Carson Valley and Truckee California. Online & phone support will be available by January 2008. We will be offering subscription support or per incident support soon.
I’m Jayne Miller, The QuickBooksGal. Thanks for listening.
Jayne Miller, is the owner of Custom Business Solutions, is a consulting firm in Reno, NV that specializes in providing bookkeeping and software support. © 2007