CTO Associates has been supporting QuickBooks® users for over 10 years. In this blog article, we’re looking at what’s new in QuickBooks® Desktop 2022. This software version offers many new features that improve the performance of the software and help you streamline your accounting tasks. If you need training on QuickBooks® software or want to determine the pros and cons of upgrading your QuickBooks® software don’t hesitate to contact CTO Associates.
Now here is a brief overview of what’s new in QuickBooks® Desktop 2022:
Switch to a subscription model
The first most noteworthy change is that the QuickBooks® Desktop 2022 product line can only be purchased via subscription. Some of the benefits of switching to a subscription model include access to the latest version with the most current features and advanced security patches. You’ll also get access to unlimited customer support, technical support, and data recovery at no additional charge.
64-bit processing power
The enhanced computing power of QuickBooks® Desktop 2022 improves stability and performance by up to 38%. So, you can accomplish your accounting tasks faster.
Pay and schedule bills faster
Using BillPay, powered by Melio you can now schedule and pay your bills online in QuickBooks® Desktop 2022. Pay your vendor via your bank account, debit card or credit card. You can also choose to send payment to your vendors via ACH or Check Payment. Learn more about paying your bills online from QuickBooks® Desktop 2022.
Instant deposits
For an additional 1% fee of the total amount of the instant deposit, you can now request to get funds into your bank account in less than 30 minutes. Learn more about the fees for QuickBooks® payments.
Bill approval process
You can now manage cash flow and boost transparency with customizable workflows for bills. The workflows allow you to define a custom approval process for Vendor Bills, then send these transactions to a designated employee for approval and track the status of each transaction needing approval via a dashboard. Learn more here.
Easily upload documents to QuickBooks® Desktop
The QuickBooks® Desktop Mobile app will allow you to easily upload your documents to QuickBooks® Desktop. Learn more here.
Bill entry automation and customized bill payment stubs
You can now automate bill entries from the QuickBooks® Desktop mobile app or from bills sent by email. QuickBooks® software will match the relevant information from the bill and match it to an existing transaction. Then you simply need to review and approve the match. Learn more here.
Choose from multiple customer contacts
When emailing invoices to customers you can now choose from a drop-down selection of customer email addresses.
E-Commerce integration powered by Webgility
With the QuickBooks® e-commerce integration, you won’t have to enter your data twice. You will be able to easily see your fulfillment, orders, item inventory, and other information from QuickBooks® in Webgility.
Next Steps
As you can see, QuickBooks® Desktop 2022 offers several great features to help you streamline your accounting process. You may be wondering if you should upgrade to QuickBooks® Desktop 2022? There are several factors that need to be considered before upgrading your accounting solution. Our official recommendation is to always stay on a supported version of QuickBooks®, so you can keep getting access to technical support, security updates, and access to QuickBooks® Payroll. If you are on a supported version of QuickBooks®, and still have access to technical support, and security updates then you may not need to upgrade right away.
Contact our team to schedule your complimentary consultation of QuickBooks® software today. We look forward to assisting you.