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The data you store in QuickBooks is crucial for running your business, managing your finances and paying your taxes. Most QuickBooks users depend on some sort of online backup for their data security and peace of mind. In this article, we’ll delve into some of the minutiae of backing up QuickBooks data—both Desktop and Online. But first, let’s cover some of your basic questions. 1. FAQs How do I set up QuickBooks Online Backup ? QuickBooks Online Backup is now Intuit Data Protect. It is included with Pro Plus, Premier Plus, and Enterprise Plans. Follow the step-by-step instructions below to activate your data protection plan or purchase Intuit Data Protect through QuickBook’s app store. QuickBooks Online Backup is only available for QuickBooks Desktop accounts. QuickBooks Online accounts must set up a backup through a third-party app or export data manually (see below) How much is QuickBooks Online Backup? Intuit Data Protect starts at $4.95/month for one company pla...

Inuit has launched the latest version of QuickBooks Desktop – The previous version – QuickBooks Desktop 2019 saw some new features like Invoice Tracker, Go to Pay Bills button, and improved IIF Import feature, etc. Similarly, this year as well, QuickBooks 2020 comes with some essential features for the customers. The payroll process has improved, along with easy company file search and payment reminders, among others. Let us look at all the new and improved features that the QuickBooks 2020 has in store for us. New Features for QuickBooks Desktop 2020 – Pro, Premier, Accountant, and Enterprise 1. Add Customer PO in Email Subject To keep better track of customer details, Intuit has introduced the PO field in the subject line of emails. The QB users can now add the Purchase Order of the customers in the subject line by modifying the email templates for the customer invoices. To add the PO field, you have to go to the menu bar and click on  Edit > Preferences...

QuickBooks Online bank reconciliation   is a process in which transactions that you have entered into QuickBooks Online are matched against your bank records and credit card accounts. You should know  how to reconcile in QuickBooks  on a regular basis. You can find account reconciliation to be trouble-free if your online bank accounts are properly connected to QuickBooks Online and regular upkeep is done throughout the month. Why QuickBooks Online Bank Reconciliation is necessary? There are many reasons that make QuickBooks Online bank reconciliation a vital practice. First of all, financial reports will only be valuable if balances in QuickBooks Online are in perfect match with your bank and credit card statements. The second reason that makes account reconciliation important is that it allows you to accurately process your tax returns at the end of the financial year. Another reason is that by doing QuickBooks bank reconciliation regularly, you are aware of how ...

 You realize you've written a check in the wrong amount, or you've sent it to the wrong vendor because you have so many to keep track of and sometimes things get mixed up. What's worse: you wrote a check before you checked your bank account balance, and now your check might bounce due to insufficient funds. You don't want your vendor to have to deal with a bounced check fee, nor do you want to pay any penalty your bank enforces upon you. You also don't want to deal with the embarrassment that comes with a bounced check—that could be bad for business! Before you get into any sticky situation regarding a bad or accidental check, you can void payment right in QuickBooks Online. Here's how. And click here or scroll to the bottom for more info on hiring a robot accountant to handle your daily bookkeeping—that way, you can avoid any financial surprises from happening ever again! What does it mean to void a check? Avoided check simply means that you cancel out t...