Intuit has just announced the release of QuickBooks Mac Desktop 2021. This year the product will only be available in e-tail and direct channels. QuickBooks Mac Desktop 2021 will not be available in traditional retail brick-and-mortar stores.
QuickBooks for Mac has fewer features than the Windows versions The vast majority of CPAs and bookkeepers do not support QuickBooks for Mac Converting QuickBooks file back and forth between Mac and Windows doesn’t work well and can corrupt the data. QuickBooks for Mac doesn’t interface with as many 3rd party applications. QuickBooks 2020 software installed on a PC or Mac. This course is for the desktop version, not the online version. The course was created on a Windows/PC. While the Mac version has similar features, there are some features that are different compared to the Windows version.
QuickBooks ProAdvisors with an Enterprise Software Bundle will be among the first recipients to be able to download the 2021 version of QuickBooks Mac Desktop on (or shortly after) September 8, 2020. Check your ProAdvisor Products tab for download availability.
Insightful Accountant has communicated with Intuit personnel, including product managers and developers, concerning the new features so we can give you a glimpse into the new version. This article provides a synopsis of those features. This is the second year in which I have posted the QuickBooks Mac Desktop summary separate from our QuickBooks 2021 Desktop “Core” (for Windows) Summary because I realize that most of our readers who “love QuickBooks Mac” have little interest regarding the Windows versions.
Insightful Accountant will be including QuickBooks Mac Desktop in our SeptemberQB Talks webinar scheduled for 2 PM Eastern on Wednesday, September 16, 2020, when we discuss all of the QuickBooks 2021 versions. You can find out more about and register for that webinar here.
QuickBooks Mac Desktop 2021
For 2021 QuickBooks Mac Desktop has been enhanced to make receiving payments easier so you can boost your cash flow. A variety of features are aimed at streamlining the process whereby you can enhance your money-in. Optional QuickBooks Payments services and an internet connection may be required for several of these new features. Additional fees may apply. Subsequent to original publication Intuit posted a series of YouTube videos on these features, we have added the links to our summary for each feature.
Automated payment reminders
Easily set reminders for customers when their invoices are due. This feature is designed to save you from the manual task of following up on overdue invoices by automating the process of sending payment due reminder emails for you. You will easily schedule payment reminders along with configuring how you want the reminder emails to read. “Video“
This feature requires QuickBooks Payments service which is sold separately.
Send statements with payment links that encourage customers to immediately settle their balances via an online payment portal. “Video“
Combine Invoice Emails
Receive quicker payments by enabling customers to receive multiple invoices in just one easy to process email. With this new feature, you can transmit all of a customer’s invoices to them attached to a single Email without having to manually combine them outside of QuickBooks Mac. “Video“
Just think of how much time this one feature will save you, and how your customers will over the fact that they no longer must open one email after another just to receive each of their invoices.
Sales Tax Codes
Record transactions using specific sales tax codes for out of state orders, multiple districts, and non-profit organizations. Quickly and easily identify all of your sales tax liabilities by specific sales tax codes on your Sales Tax Revenue Summary. “Video“
Electronically file 1099 forms, without needing special forms or extra time for processing and mailing them. Easily determine if e-filing is right for you, and print copies of 1099s even if you do e-file. If your state participates in the combined federal/state e-filing program, e-filing your federal 1099s can simplify your state filing too.
There are additional fees associated with this feature. An internet connection is required.
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Create and reuse different templates for email communications with customers. “Video“
Credit/Debit Card Refunds
Refund Merchant Service charges, with just 1-click, from within the Credit Memo in QuickBooks. No more having to visit an online Merchant Service portal. “Video“
Company File Search
Easily find and open company files with the addition of a file search option. Believe it or not, Intuit has found that even QuickBooks Mac users sometimes can’t locate their Company files, so this new feature will make it much easier for any user to find and open their Company files even if they don’t know where they are located.
Restore Backup Workflow
Restore QuickBooks files quickly with a simple to use backup file restore wizard. I have always thought that the process of restoring a QuickBooks Mac Backup was in many ways easier than restoring a QuickBooks (for Windows) Backup, because of the way that ‘Mac’ creates backup files (as a disk image). But apparently, some QuickBooks Mac users have indicated that they felt the process was too cumbersome, so for 2021, there is a new Restore Backup Wizard intended to streamline the process. “Video“
If you are interested in our summary articles on QuickBooks Desktop 2021, or QuickBooks Enterprise v21 (2021), you can access those features using the Related Links at the bottom of this article.
Print Report Row Color Shading
QuickBooks Mac 2021 now offers color shading by rows when printing reports. While the shading is very subtle it is intended to offset report rows from one another to make them more easily identified and set them apart from one another.
An example of such a color row shaded report can be seen below. “Video“
Special thanks go out to Intuit”s Mindy King in providing information and graphics, as well as responding to my questions specific to QuickBooks Mac 2021 Desktop. Without her, this article would not have been possible.
Thanks also to my good friend Laura Madeira who allowed me to cross-check my articles for QuickBooks Desktop and QuickBooks Enterprise with advance copies of her features to make certain that we were consistent in providing accurate information regarding the 2021 release. Laura, and her co-author Karen Siewert, have written three separate articles this year covering different aspects of the QuickBooks 2021 release, please be certain to check them out at Intuit”s Firm of the Future blog:
I also want to thank the following Intuit personnel for their dedication in providing information, numerous briefings, and responding to my questions, as well as in guiding the actual product developments within QuickBooks Desktop and this release: Rachna Arya, Nipun Bhatia, Aditya Dixit, Sowmya Murthy, Madhumita Tayade, Muthuraj Thangavel, Tulasi Vijay Kumar Thulluru, and Raman Verma. I also want to say thanks to Michelle Berg, Mindy King, and Shawn Sturgeon from Intuit for additional product briefings and information along with the various members of Intuit”s Alpha & Beta Product Testing Teams for QuickBooks 2021.
Of course, there are entire teams, composed of hundreds of Intuit personnel behind all of these people that make the magic happen and we so often forget to say, thank you, to them, so to all involved, “Thank You for Another Great Product”!
Note: All images used in this feature are displayed directly as provided by Intuit.
Macs are becoming increasingly popular among accountants and business owners many of whom need QuickBooks Desktop installed on them. Intuit has customized QuickBooks Desktop for Mac for such users. However, such users might have to send their QuickBooks files to an accountant or another user with a Windows machine. The files used in QuickBooks Desktop for Mac (.dmg or .qbxxx) are different from those in QuickBooks Desktop for Windows (.qbw). This implies that such users have to know how to import QuickBooks File in Mac to QuickBooks Desktop for Windows. Let us explore how to exchange QuickBooks files between users of machines with dissimilar operating systems and alternate solutions.
Why Import QuickBooks File in Mac to QuickBooks Desktop for Windows?
Quickbooks Desktop For Mac 2020
While one of the most common reasons for importing QuickBooks for Mac files into the Windows machine is to allow other users to access the financial records on these systems, the launch of macOS Catalina has exposed more vulnerabilities in the former version. Many users have experienced data losses and crashes. While Intuit has resolved the issue for QuickBooks Desktop for Mac 2019 (R7) or 2020 (R2 or later) for macOS Catalina users, the company has made it clear that QuickBooks Desktop for Mac 2015 and 2016 users must upgrade to later versions or migrate to QuickBooks Online.
However, there could be changes in functionalities if you migrate from the desktop version to the online version. Yandex mail download for mac.
How to Convert QuickBooks for Mac Files to QuickBooks For Windows?
Intuit has designed the solution in such a way that users on machines running either operating systems can open the file with simple conversion steps. Here’s how you can convert your company file from QuickBooks for Mac to QuickBooks for Windows.
Preparing the Company File in QuickBooks for Mac
- Ensure that the updates for the latest release for QuickBooks for Mac are available on your system.
- If you have added transactions with memos, ensure that the latter do not have more than 50 characters or special characters.
- Ensure that the transactions are closed before moving on to the next record.
- If you notice that some data is out of place in any list, re-sort them to set them to default.
- Verify the records and rebuild the company file before initiating the conversion.
Converting Company File for QuickBooks for Desktop
After you have ensured that the company file is formatted by verifying the data, you can proceed with the export.
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- Ensure that you are opening the company file with admin rights.
- Click on File>Export and select the option To QuickBooks for Windows.
- Click on Verify if you are prompted before taking the back up.
- Save the backup file in an appropriate folder.
Importing QuickBooks File in QuickBooks Desktop for Windows
While smaller files can be emailed to users with a Windows machine, larger ones have to be imported into QuickBooks Desktop for Windows using a physical device such as a USB flash drive or using cloud storage. Eventually, it can be restored on the Windows version of QuickBooks.
- Launch QuickBooks Desktop on the Windows system.
- Navigate to the File menu and select Open or Restore Company…
- Import the company file saved in qbw format from the storage device/ drive you saved on the Mac machine.
- Open the company file and type in your credentials to start working.
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Quickbooks For Mac 2020 Upgrade
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