QuickBooks 2009 - 3 Features Worth the Price of the Upgrade
This article highlights three new features that solve specific
business problems that some of you might just find worth the
price of the upgrade.
# 1 Backup in Multi-User Mode
QuickBooks 2009 has several enhancements that making
managing your file in a multi-user environment easier
including: the ability to create invoices while other users
are running reports, the ability to communicate with other
users through a chat feature, the ability to log other users
out without running around the office or picking up the phone
and most importantly, the ability to backup your data in
multi-user mode. This means you can schedule backups to run
at night without having to remember to switch your file into
single-user mode before you leave the office!
# 2 Sort Bank Reconciliation by Column
You can now sort your bank reconciliation by any
displayed column. What more can I say? This feature has been
obviously missing for a long time. If you have long bank
reconciliations, this one feature could save you hours each
# 3 Multi-Currency Support
The US editions of QuickBooks 2009 include support for all
global currencies. If you do business abroad, using the
multi-currency feature allows you to assign a currency to
customers and vendors as well as bank, credit card, accounts
receivable and accounts payable accounts. Items on sales and
purchase forms are automatically converted to the price in the
assigned currency. You see both the foreign currency and USD.
Conversions happen automatically as you pay bills, make
deposits, and transfer money based on exchange rates that you
download or enter manually. In the vendor and customer
centers as well as the chart of accounts, values are displayed
in the assigned currency, but are displayed in USD on your
financial statements. And there are reports that quickly tell
you your realized and unrealized currency gains and losses.
One note, if you are interested in using the multi-currency
feature, you may want to consider Premier or Enterprise. You
can't set fixed item prices in foreign currencies without
using Price Levels which are not available in Pro.
Other New Features Worthy of Note
- Right Click on List Items or Transactions
- You can now delete or duplicate an item or a transaction by
right clicking on it. The ability to easily duplicate
transactions is sure to save on data entry.
- Rewrite of Online Banking -
Intuit has completely overhauled the Online Banking Center.
It was long overdue, but I am reserving judgment on the
results until I have had more opportunity to use it.
The Price of the Upgrade
This year Intuit is once again offering discounted
upgrade pricing. But prices vary, so my advice is to shop
around. I found the following single-user pricing as of this
List Price Upgrade
Price Amazon.com Sam's Club
$399.95 $349.95 $359.95
Intuit advertises Pro and Premier in 1, 2 and 3 User versions
because they have found those to be the most popular
quantities, but they will sell you 4 or 5 users if you call
their sales line directly at 1-888-729-1996.