This different perspective can make that more apparent as you flip between the two views in a report. While, unbeknownst to some, true cash balances are rapidly dropping. This is interesting because it helps an accounting firm or business owner save time and be more strategic.įor example: Reporting on an accrual basis can make it seem like a business has plenty of money coming in. Using a simple toggle button, QuickBooks Desktop lets you change a report between the two perspectives. And that’s the ability to toggle between the two angles in the same report.

This feature should resonate with CPA firms, accounting professionals or small businesses that report in one accounting basis-cash or accrual-and file taxes in another. Cash/accrual toggle (Pro/Premier/Enterprise) This is controlled on a template basis, and of course, you can turn this feature off if you don’t want the “past due” message appearing on an invoice. This is great because it replaces manual workarounds like writing on or stamping invoices and can look more professional too.

But most accounting professionals and their clients can probably recall a time where they’ve written “PAST DUE” on an invoice…maybe you’ve even done it with a big, red marker-hoping that might help hurry things along.īut since QuickBooks Desktop 2018, QuickBooks can automatically add a “past due” notice onto overdue invoices for emailing or printing. Nobody likes to think about a situation where they might not get paid on time, or perhaps not paid at all. ‘Past Due’ stamp (Pro/Premier/Enterprise) Get ‘PAST DUE’ automatically stamped on printed and emailed invoices. That’s what we’re going to look at in the following post-five of QuickBooks Desktop’s top features intended to help you get your work done faster. But what if you could unlock new capabilities that help you save time and manage your business more effectively? Maybe you’ve been getting by “just fine” with how you’re currently running QuickBooks Desktop.

Quickbooks 2018 desktop vs online