CPA Practice Advisor - 37

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New Features and Enhancements in
QuickBooks Online Accountant
QUICKBOOKS ONLINE ACCOUNTANT allows accountants
and bookkeepers to access all your clients, resources, and
tools under one login. It's cloud-based, which means there
are no annual releases or upgrades; instead, Intuit is constantly introducing new, dynamic features and enhancing
existing, proven ways to help you manage your practice
and work smarter, all in one place.
Here's a summary of the newest additions and enhancements in
QBOA.

NEW RECLASSIFY TRANSACTIONS SCREEN
Giving you back more time to spend
with your clients is a primary goal
for everyone - and the new reclassify
transactions is designed to do just
that by enhancing the bulk reclassify
experience.
Many accountants and bookkeepers use the Reclassify Transactions tool to fix issues in their client's
books. It is commonly used to find
incorrectly recorded transactions
in order to reclassify them with
the correct data without going into
transactions one by one. The new
reclassify screen eliminates several
previous issues and upgrades the
tool to newer and faster technology, enabling Intuit to make more
enhancements for you in the future.

IN-PRODUCT NOTIFICATION BELL
Everyone knows that communication is king, and if you're knee-deep
in client work, you may not readily
notice important changes happening
in QuickBooks. Rather than being
notified of these changes in emails,
webinars or other announcements,
you can now rely on the "notification
bell" in the top right-hand corner of
QBOA. A pink dot on the bell means

that you have a new notification.
In-product notifications give
you a consistent, central location
to notify you of recent changes.
Not only will this increase your
productivity, but notifications are
also smart: they are tailored to the
kind of work you're doing for your
clients. Rather than sifting through
notifications that don't apply, you'll
only see the ones that are most
important to you and your clients.

CLIENT OVERVIEW AND
THE NEW PRINT FEATURE
In the past, it took up to four hours
to evaluate how much work it took to
clean up a client's books and decide
what must be done to support a prospective new client. Client Overview
was introduced in fall 2018, and since
then, Intuit has worked to make this
much in-demand feature even better.
Client Overview enables you
to look at a prospect's QuickBooks
file to identify signals that indicate
how much effort would be required
to clean up the books and then
maintain them on an ongoing basis.
Only with a decisive understanding
of the "state of the books" can you
satisfactorily determine the projected outcome.
Of course, reviewing any business' books has always been possible, but Client Overview speeds up
the process and offers big benefits:
■ A better understanding. Get a high-

The ProAdvisor
Spotlight is sponsored by

level understanding of the state of the
books with a unified view of relevant
setup, banking and account data.
■ Take control of your pricing. Better
estimate the pr icing for initial
cleanup, with upfront visibility into
how updated the books really are,
while improving your pricing strategy
with data insights that indicate the
complexity and required effort to
clean up and maintain the books.
■ Save time. Get a better sense of
where to start your file analysis with
a view of items that typically require
attention and cleanup.
■ More transparency. Better evaluate
the required ongoing workload with
information on the client's company
setup and business activity insights
that reflect the prospect's proficiency
with QuickBooks Online.
■ Simple and efficient. Get to where you
want to go in fewer clicks with deep
links that take you directly to relevant
transaction reports, specific bank
accounts and the reconciliation tab.
When you access a prospective
client's account through QBOA,
you'll see an Overview tab, visible
to accountants only, that provides
relevant and actionable data to kickstart your initial file review.
New: Once that review is
finished, you can now print and/or
export the overview screen, making
it easier to onboard the client by
showing them a concise summary.
This was one of the most requested
enhancements to Client Overview -
and now it's available.

MANAGING LEADS IN
FIND-A-PROADVISOR
Intuit had consistently received
feedback from busy ProAdvisors that
email leads from potential clients
were getting lost in their inboxes.
Now, there's an easier way to manage

AUGUST 2019 ■

leads: ProAdvisors with a published
profile on Find-A-ProAdvisor can see
directly inside QBOA each prospect
who has reached out to them from
the Find-a-ProAdvisor website. The
goal is to increase your visibility into
the leads you're getting to maximize
response rates and, ultimately, client
connections.

PREP FOR TAXES
The integration of QBOA and Intuit
ProConnect Tax Online has been a
huge boon to enable books to tax.
Now, recent enhancements enable
even more productivity. Previously
known as "Trial Balance," the new Prep
for Taxes enables you to review, adjust
and transfer your clients' data in less
time and with less work. You can:
■ Do your work within a Profit and Loss
and Balance Sheet view on one screen.
■ Automatically map data to tax forms
and make quick changes.
■ Export balances to new or existing
returns, or as a CSV file.
■ View, modify and approve any changes
made to your clients' books before
sending to your tax software.
For more information, visit
https://proconnect.intuit.com /
prep-for-taxes, or log into QBOA and
access Prep for Taxes through the
Accountant Tools menu or on your
Client landing page, the same place
where you previously found Trial
Balance.

KEEP UP WITH UPDATES
For continuous updates to QuickBooks
Online Accountant and other tools, visit
the Firm of the Future blog at https://
www.firmofthefuture.com or https://
quickbooks.intuit.com/accountants/
products-solutions/accounting/online.
Not currently using QBOA? Go
to https://intuit.me/2GSNGhc to sign
up for free. ■

www.CPAPracticeAdvisor.com

https://proconnect.intuit.com/prep-for-taxes https://proconnect.intuit.com/prep-for-taxes https://www.firmofthefuture.com https://www.firmofthefuture.com https://quickbooks.intuit.com/accountants/products-solutions/accounting/online https://quickbooks.intuit.com/accountants/products-solutions/accounting/online https://www.intuit.me/2GSNGhc http://www.CPAPracticeAdvisor.com

CPA Practice Advisor

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