Intuit has announced that QuickBooks 2012 and Enterprise Solutions 12.0 will ship on September 26, 2011. That’s about 1 week later than last year, but it still gives users plenty of time to get the new version up and running before the end of year. We’ve already downloaded the software and have begun to prepare articles on some of the new features.
Highlighting the changes are:
- New Calendar View
- Improved To-Do List
- Ability to update existing Excel reports directly from QuickBooks
- Improved memorized transactions
- Changes to document management
- New Lead Center to manage leads and prospects directly in QuickBooks
Enterprise Solutions 12.0 users will have the ability to use FIFO inventory costing with an extra-cost service. For industry specific products, such as QuickBooks Premier Accountant Edition, there are additional enhancements, such as the inclusion of Intuit Statement Writer.
Our first impression is that QuickBooks 2012 seems to perform faster than previous versions on the same company files.
Every QuickBooks user will have his or her own favorite, but for those that prepare reports in Excel, if that feature can deliver on the promise, it will prove a huge timesaver.
What looks the most interesting to you?
[ +1 rating, 1 votes ]
Loading ...
Looking for discounts on QuickBooks? Check out our
When will Intuit Canada realize that a data file cleanup tool is desperately required? My business creates 50-100 invoices/day with 5-50 items on each invoice. The side effect of this is that the database grows by 2-3MB/day and in 2 years time our data file is consistently 1GB in size. at that point we are forced to create a new data file and re-create 350 memorized transactions (for standing customer orders) by hand. Not pretty!
I think a convenient portal to log product big observations as well as the ability to offer suggestions that are actually read would be a huge improvement.
Look, it’s a great product but it could be so much better.
Dave, A good question, but unfortunately we don’t have the answer. We support US QuickBooks, but Intuit rarely gives the kind of future information you’re after. The cleanup tools are improved for 2012, but whether they are improved enough and whether or when those improvements will make their way to Canada would need to be addressed. Meanwhile, here are 2 suggestions: If you have an inventory-based business, consider using a 3rd party add-on for that part of your accounting. We can recommend some if you provide more info. You’d separate the transactions causing your data file to grow quickly from Intuit, but keep them integrated to QB. You can also consider QB Enterprise Solutions. Yes, it’s a big jump in price, but the database is more robust and a 1 Gb data file would not present a problem. If you have a multi-user setup, it might be worth checking out.
We are a small bakery. I beleiev our data file is growing by 2-3K/day (not MB as i erroneously wrote in my prior post) due to the number of invoices x number of items on invoices. These create records in the DB which I summize is growing the data file wildly. I don’t know how I could pull those outside of QB qith a 3rd party add-on.
Are you aware of any email address to report product bugs and suggestions for future enhancements?
Dave, you are probably underestimating the amount that your data file is growing, but you’re over-reacting to it. Intuit recommends that a QB Pro or Premier data file remain under 100 Mb in size, but many QB users comfortably operate data files that are 2 times that size and achieve reasonable performance. You also need to pay attention to the limits on list entries in QuickBooks. A file that is growing by 3K each day will increase by under 1.2 Mb per year, so at that rate, you have a lot of years before you’ll challenge the current capabilities of QuickBooks. Even at 10X that rate, you’re in good shape for a long, long time.
If you have a large data file, there are steps you can take to improve the performance of QuickBooks. As your data file grows, you can also archive older, closed transactions to reduce the size and regain lost performance. While it’s good to think about how much your data file is growing on a regular basis, look at the absolute size and level of performance.
As for third-party add ons, if your invoicing and inventory functions are performed by another program with its own data files, that data is not added to your QB company file. You end up with multiple files, but your company file is smaller and therefore faster for other functions. This is a common approach used by businesses with heavy invoicing or inventory requirements.
What sort of bugs have you observed? What sort of suggestions do you have? Have you looked on your QB help menu?