Intuit's QuickBooks is the leading accounting software for small businesses. With the release of QuickBooks 2024, Intuit has added some exciting new features and updates while keeping pricing reasonable. In this article, we'll take a look at what you can expect in the 2024 upgrade of QuickBooks.
Improved Invoicing
One area where QuickBooks 2024 really shines is in invoicing. The new invoicing engine makes creating, sending, and tracking invoices easier than ever.
Some of the key improvements include:
- Faster invoice creation: You can now generate invoices in just a few clicks. QuickBooks remembers your most common items and customers, so you spend less time filling out forms.
- More customization options: Personalize invoices to match your business's branding. Add logos, color themes, custom text blocks and more to make your invoices uniquely yours.
- Enhanced tracking: The new invoice dashboard gives you real-time stats on payments, stages, and customer interactions right on one screen. Identify pain points and improve your invoicing efficiency.
Invoicing is the cornerstone of getting paid on time, so these upgrades make a real difference for business cash flow.
Simple Tax Tools
Managing sales tax can be a real headache for business owners and accountants. QuickBooks Upgrade 2024 provides welcome relief through their simplified tax tools.
Some of the key tax features you can look forward to:
- Automatic sales tax calculations: QuickBooks can now leverage local tax rates and produce reliable sales tax estimates instantly. No more guessing!
- Free tax form assistance: Creating 1099, W2, and 1040 tax documents at year end just got way easier with a new step-by-step wizard.
- Improved reporting: Better understand how much sales tax you collect and owe to stay compliant and audit-proof. The enhanced reporting gives you all the numbers you need in one place.
Accurately tracking and remitting sales tax is crucial. These new and improved features eliminate tax hassles so you can focus more energy on running your business.
Enhanced Payroll Features
QuickBooks has partnered with leading payroll provider Gusto to provide a seamless, unified experience between accounting and payroll. Besides core payroll processing, the 2024 edition unlocks valuable new capabilities, including:
- Employee self-onboarding: Workers can complete their own federal and state forms online. Less paperwork means quicker hiring.
- Time tracking: Employees can submit timesheets through web and mobile apps. This streamlines payroll preparation.
- Integrated payments: Paychecks get directly deposited in one click. Employees get fast, reliable delivery of earnings.
By connecting accounting, tax, payroll, and payments, QuickBooks and Gusto create a one-stop shop for key financial workflows. Running payroll has never been this straightforward!
Attractive Pricing
With all these awesome new features, some users worry whether the price tag will grow. Thankfully, QuickBooks is keeping pricing accessible for small business owners on a budget.
Here is a comparison of the 2023 vs 2024 pricing tiers:
QuickBooks Online Essentials:
- 2023: $20/month
- 2024: $22/month
QuickBooks Online Plus:
- 2023: $35/month
- 2024: $40/month
QuickBooks Online Advanced:
- 2023: $75/month
- 2024: $80/month
As you can see, the price change is very incremental. And that modest bump gets you major new benefits.
Considering how much time these features save, the 2024 edition still delivers an outstanding return on investment. Upgrading is an easy choice for savvy business owners.
Conclusion
The release of QuickBooks 2024 brings smarter invoicing, easier taxes, enhanced payroll, and reasonable pricing. Together, these improvements empower business leaders to control finances more efficiently.
If you currently use an older version of QuickBooks, upgrading to the 2024 edition is a wise investment. Your workflow will accelerate rapidly thanks to helpful automation and deepened integrations.
As the top name in accounting software, Intuit offers unmatched capabilities, support, and value. QuickBooks 2024 upholds that sterling legacy. We strongly recommend owners get a free trial to experience the benefits firsthand.
