With the new formatting feature of QuickBooks 2021, you can customize the payment receipts before sending them to your clients. Payment receipts sent to the customers are an excellent base to promote your brand. QuickBooks 2019 version does not have any of these advanced features. However, you can set payment reminders in that version. With QuickBooks 2020, you do not get the automatic statements feature.
You can then send these statements from QuickBooks with the template you choose. With this automated statement feature, you get access to pre-defined email templates that you can use to set up reminders. You can automate the reminder process to send emails regularly and get the payments cleared earlier than expected. As the name suggests, it enables you to remind your clients to pay the overdue payments. If you also want a solution to get paid faster, this new feature of QuickBooks 2021 can help you out. Reminding clients to process the payments is common with several types of businesses. Automatic Statements and Payment Reminders Select Advanced mode and launch feed using the Banking option.Īlso Read: Why Switch to QuickBooks Hosting in 2021? 2.You will see bank feeds and their three modes – Advanced, Express, and Classic.Go to Edit -> Preferences -> Checking using the menus.You can access these features by following the steps given below: This feature was not available in QuickBooks 20 versions. As a result, you can review transactional discrepancies quickly and resolve them in less time. This will help in categorizing complex bank transactions using enhanced rules, batch editing, and improved matching. In QuickBooks 2021 version, you can import bank feeds easily.
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This connection enables the users to download financial transactions and eliminate the time-consuming steps to record them manually.
With QuickBooks desktop version, you get a bank feeds feature that connects credit card accounts with online banking. Let’s get into the details of the features of QuickBooks 2021 desktop version. If you have been using the earlier versions of the QuickBooks desktop version paired with QuickBooks hosting, you must know about the new features to make the required switch if needed. In September 2020, Intuit released QuickBooks 2021 version with several enhanced features to enable task automation, time-savings and improved work efficiency. These upgrades not only bring more value to the users but also improve their operations.
#Quickbooks 2020 vs 2021 software#
This can be why this famous software company keeps releasing new versions of QuickBooks with upgraded features and functionalities. But for Intuit – the financial software company behind QuickBooks, it is crucial to keep upgrading the features to meet the end consumers’ various demands and needs. CPAs and accounting firms love QuickBooks accounting software for all its features and functionalities.
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