QBO FEATURE UPDATEs
QBO SETUP UPDATE (CHAPTER 1 SECTION 1.1 Page 8, PROJECT 1 Page 84, CHAPTER 11 SECTION 11.2 Page 695)
QBO continues to roll out updates to various sectors are various times. Sometimes the updates are rolled out for testing and feedback only. Your QBO Setup screens may vary from your text. Note that the QBO setup is used in the following sections of your text:
Chapter 1 Section 1.1 Page 8. For your convenience, a PDF file with a setup update for Chapter 1, Section 1.1, Page 8 appears under Chapter 1 updates. Note that QBO set up may continue change and the order of the set up questions may also change.
Project 1 Page 88. For your convenience, Chapter 1 Updates in a PDF file is posted with a setup update for Project 1, Page 88, beginning with Step 6.
Chapter 11 Section 11.2 Page 695. For your convenience, Chapter 11 Updates in a PDF file is posted a setup update for Section 11.2, Page 695 to 698.
[Update 2023.01.23, 2023.08.03, 2023.08.29, 2024.03.01, 2024.08.22]
QBO PRODUCTS & SERVICES UPDATE
Intuit has announce that Products and Services updates will be rolled out for selected users. If you see a BETA button on your Products and Services features, you are one of the selected users to see the new roll out.
PRODUCTS AND SERVICES BETA ANNOUNCEMENT
See Chapter 3 Page 183 C3.1 Step 5 update below for a QBO Products & Services Update for QBO 4e.
[Update 2024.02.06, 2024.04.03]
QBO NAVIGATION BAR UPDATES
Note that the QBO Navigation Bar on the left continues to change with different features and customization options. The Navigation Bar screen captures in your text displays the selections that you will be using in the text and may differ from the exact Navigation Bar that appears on your screen.
Previously QBO offered two options for the left Navigation Bar: Accountant view and Business view. QBO is changing the left Navigation Bar again and this time there is only one Navigation Bar, instead of Accountant view and Business view. [Update 2023.06.26, 2023.09.22]
We received the following information from Intuit Education regarding the QBO Navigation Bar update project rollout that will be in two phases:
Phase 1 - Opt-in Period (Mid August). Customers can try out the new experience using a toggle added to the left nav. We will start at 5% of the user base and scale to 100% in approx. 1 week.
Phase 2 - GA Rollout (Late September). We will start at 1% of the user base and scale to 100% in approx. 1 week.
A sample of the new Navigation Menu follows. Note the main differences are:
Banking. Banking on the Navigation Bar in the text is now Transactions > Bank Transactions.
Chart of Accounts. Chart of Accounts (Accounting) on the Navigation Bar in the text is now Transactions > Chart of Accounts.
Recurring Transactions. Recurring Transactions can still be found using Gear > Recurring Transactions. In addition, recurring transactions can be accessed from the Navigation Bar: Transactions > Recurring Transactions.
The order of the selections on the Navigation Bar may vary from the text. However, the new Menu settings feature (at the bottom of the Menu bar) permits you to change the order in which selections appear on the Navigation Bar. So you now have the option to change the order of the selections to the one shown in your text. In addition, you can set up Bookmarks for your frequently used Navigation Bar items (select Edit Pencil by Bookmarks in the Navigation Bar).
You can see more details about the new Navigation Bar here.
To view a video about updated QBO Navigation, click here.
[Update 2023.07.20, 2023.08.10, 2023.10.06, 2024.04.03]
Sample of Updated Left Navigation Bar
QBO INVOICE UPDATE
MAY AFFECT CHAPTERS 3 5 6 7 11
Scroll down for New Invoice Updates for: Section 5.9 Create Invoices and Section 7.7 New Invoice Update
The latest update: per Intuit, the Old Invoice Layout will be discontinued in May 2024.
QBO is rolling out a new Invoice format. Since the rollout is accomplished in sectors, instead of all at one time, the changed Invoice format may appear at different times for different QBO users.
Important Update: New Invoice Layout Standard. Intuit has announced that the new QBO Invoice layout will become standard with a phased rollout. The rollout for selected users begins mid-October 2023 and continues for various user groups through 2024.
As of now, we do not have detailed information about when you might expect to see the new Invoice layout standard. Until the new Invoice layout becomes standard, you may still select to use the Old Invoice Layout that matches your text.
Here’s the most crucial point: Once the new Invoice layout is rolled out and becomes the standard for your QBO company, you will no longer have the option to use the Old Invoice Layout. This means that your Invoice layout will automatically switch to the new format according to Intuit’s rollout schedule and you will not be able to select the Prior Invoice Layout.
Stay tuned for the new Invoice standard. Updates related to the new Invoice standard will be forthcoming and posted here.. To view a video with more information about how to use the New Invoice Layout., click here. [2023.09.19]
If you have access to the old Invoice format that matches your printed text, when you select the + New > Invoice instructions in your text, if the New Invoice Format appears on your QBO screen, complete the following steps to access the prior Invoice format that is consistent with the Invoice screen captures in your text.
(+) New > Invoice to display the invoice.
If the new Invoice format appears, select Old layout in the upper right corner of the Invoice window.
Select Leave to go to the prior Invoice format. [Update 2023.01.13, 2024.03.01]
QBO REPORTS UPDATE
Intuit has announced that starting in May 2024, they will slowly roll out a new QBO reporting experience for Standard Reports called Modern View.
Some users may experience an enhanced reports experience, the Modern view, with the option to switch your experience back to the Classic View. To be consistent with your text, switch to the report Classic view if you are provided that option.
In the Reports center, if you see the Magic wand icon in your report title, you can view and edit the Standard Report using the new Modern view report experience
Intuit has also announced they will gradually make Modern View available for all Standard Reports and remove Classic View, meaning you will no longer be able to switch between the two views.
Classic View will gradually be removed report by report between May 2024 and beginning of 2025. A notification will appear in the report when that report is 30 days or more away from having Classic view removed.
Below are changes you may see happen in waves over the next several months:
Group and Filter buttons may appear at the top of the page instead of the Customize button.
More attributes and column headers have been added so better group and filter report data.
More ways to customize how data will appear have been added.
[Update 2023.12.13, 2024.05.01]
QBO FORMS FREEZING
When you attempt to open a QBO form, such as an Expense form, if it freezes on your screen and you are unable to see the entire form, try refreshing your browser to reload and view the entire form. [Update 2023.01]
NEW INTUIT ASSIST
Click here to learn more about the new Intuit Assist — a new QBO AI-powered financial assistant, now available in beta and rolling out more broadly later this year.