Small and medium-sized businesses (SMBs) are the backbone of the economy. They make up over 90% of all businesses and employ nearly 50% of American workers. As such, SMBs need robust yet easy-to-use accounting software to manage their finances efficiently. This is where QuickBooks Desktop Pro steps in. The latest version - QuickBooks Desktop Pro 2024 - offers SMBs a glimpse into the future of accounting.
Streamlined Interface and Improved Workflows
QuickBooks Desktop Pro 2024 comes with a redesigned interface that cuts down on clutter and streamlines workflows. The Home page has been decluttered to highlight only the most important tasks like creating invoices and paying bills. Icons are larger with descriptive titles so users can find what they need quickly.
Within the software, switching between tasks is faster. For example, users can easily jump from an estimate to an invoice to final payment - all from within that client's record. This keeps all information organized in one place for each customer or job.
Smarter Data Entry with AI
Data entry is one of the more mundane accounting tasks. QuickBooks Desktop Pro 2024 makes it easier with AI-powered tools.
The 'Smart Scan' feature uses optical character recognition (OCR) to extract key information from paper documents and auto-populate fields. Users simply take a photo of the document, review the extracted data, make edits if needed, and approve to have it directly input into QuickBooks.
The software also learns from past data entry to make smarter suggestions. For example, when creating an invoice, it will pull in line items, quantities, or prices from previous invoices to save time. The more QuickBooks 2024 are used, the smarter it gets.
Real-Time Insights with Improved Reporting
Making data-driven decisions is critical for businesses. QuickBooks Desktop Pro 2024 comes with major improvements in reporting.
The 'Insights' panel displays key numbers like income, expenses, and profit in real-time as you work. There's no need to run separate reports. This makes it easy to see how your business is doing at a glance.
Creating professional reports is easier too. The templates are customizable with options to add charts, filters, and more. These can be emailed, converted to PDF, or exported to Excel with one click.
For advanced insights, the 'Visualize' feature turns reports into interactive visualizations. You can quickly filter down into specifics or revealing trends. These visualizations can also be added to presentations.
Automation to Save Time
QuickBooks Desktop Pro 2024 introduces new ways to automate accounting tasks. This frees up precious time for SMB owners and bookkeepers to focus on strategic work.
Transaction rules can now be set up to categorize expenses or map vendors automatically. For example, any expense from Costco can automatically be marked as Supplies. Rules can also be set up to flag any transaction over $500 for review.
The improved Bank Feeds feature connects to bank and credit card accounts to download transactions automatically. These are auto-categorized using intelligent mapping and rules. Users just review transactions and make any corrections before they are entered into QuickBooks.
Improved Multi-User Access
As SMBs grow, multiple people need access to QuickBooks. The new multi-user functionality in QuickBooks Desktop Pro 2024 makes collaboration seamless.
Work can be divided among different roles like Accountant, Bookkeeper, Sales Rep. Granular permissions provide access to only parts of QuickBooks that someone needs for their job.
The Activity Log tracks all changes, comments, and edits by any user for improved transparency and accountability. Critical actions even require the approval of a second person for an added layer of protection.
With robust permissions and activity tracking, businesses can comfortably provide more users access to QuickBooks without sacrificing control.
Tight Integration with Apps
QuickBooks Desktop Pro 2024 integrates tightly with top business apps through 350+ connections. This allows SMBs to build a customized technology stack for their accounting needs.
You can connect the apps you already use for payroll, POS, ecommerce, shipping, and more. For example, QuickBooks will auto-import payroll data from Gusto, so you don't have to re-enter employee expenses.
If there are no connectors for an app, QuickBooks' API allows developers to build custom integrations. The Open App Program even allows third parties to develop integrations and list them on Intuit's app marketplace.
Moving Forward with Confidence
QuickBooks Desktop Pro has been the #1 accounting software for SMBs for decades. The 2024 edition brings key improvements like AI-powered efficiencies, real-time insights, automation, and seamless collaboration. Together, these updates provide a glimpse into the future of SMB accounting.
QuickBooks Desktop Pro 2024 allows small businesses to streamline their processes, unlock insights, and save time. With the latest tools plus robust app integrations, SMBs can move their accounting to the next level. QuickBooks Pro 2024 gives small businesses the confidence to focus less on admin work and more on running their company profitably now and into the future.
