As with every month, Intuit is constantly advancing Quickbooks Online and rolling out new features and tools that will make your life easier and make your day to day accounting practices more efficient. This month is no different. To those ends, we’d like to share with you some of our favorite new features available.

TSheets Elite Is Now Available

The new TSheets Elite level feature was specifically designed to meet the needs of project-based businesses with a mobile workforce. What you’ll get is a bunch of time-saving features like real-time synchronization and accelerated documentation, giving you more tools than ever before to stay on top of your timesheets.

How it works:

When you subscribe to TSheets Elite, you get exclusive access to all the capabilities your teams need to deliver on time and on budget, including:

  • Project time tracking: Eliminate surprises and make better business decisions with real-time comparisons of your project’s budgeted hours to final hours worked.
  • Enhanced profitability monitoring: Integrate TSheets Elite with QuickBooks Online for a more complete picture of project profitability, labor expenses, and other key information.
  • Geofenced timesheet reminders: Create job site boundaries that give employees automatic clock in/out reminders as they come and go, giving you more accurate reporting on their timesheets.
  • Improved team collaboration: Keep everyone on the same page with an in-app activity feed and project-based communication hubs to help keep a close eye on all your projects as well as document progress.
  • Faster timesheet authorization: Using digital signature capturing, managers and clients can easily sign off on completed timesheets right from the mobile app.

New GoPayment Features

Intuit’s new additions to their GoPayment functionality makes it easier than ever for you accept payments, no matter where you may be. With great new features and full QuickBooks integration, users can save time and effort in taking and tracking their payments.

With the expanded array of GoPayment features, users can now do the following:

  • Accept invoice payments: View a list of open invoices, accept payments, and automatically reconcile paid invoices in QuickBooks.
  • Accept customer payments: Apply payments to existing customer invoices or as a credit to future invoices.
  • Track deposit status: Monitor outstanding customer payments and the current status of your deposits.

Redesigned Tax Tab In QuickBooks Self-Employed

It wouldn’t be the end of the year without some changes related to taxes. The QuickBooks Self-Employed Taxes tab has been completely redesigned to provide users with more guidance and insights than ever before. Whether you’re viewing Annual or Quarterly data, the new design and at-a-glance reporting capability help users turn data into deductions faster.

The “Taxes” tab in QuickBooks Self-Employed now takes you to the redesigned page, which defaults to this year’s data. From there, you can select data from previous years or for an individual reporting quarter. New page features include:

  • Data visualization enhancements for income and deductions.
  • Action Cards help guide and motivate users.
  • “Can I Expense” tool lets customers view top deductions by industry.
  • Separated vehicle & home office expense reports let customers compare methods.