2010 What’s New for Accounting Professionals From Intuit ProLine

1. South Florida QuickBooks 2010 What’s New for Accounting Professionals From Intuit ProLine Brought to you by: Presented by: SOUTH FLORIDA QUICKBOOKS MEETUP GROUP Mario Nowogrodzki, CPA/CITP – MENDELSON CONSULTING Mike Block, CPA – BLOCKTAX

2. Housekeeping Please turn off cell phones Schedule - Breaks Restrooms Intuit®Academy CD or online CPE – Be sure you signed in—additional instructions at the end of the course QuickBooks Premier Accountant 2010 given away at the end of the session Questions & Answers

3. MARIO NOWOGRODZKI, CPA/CITP www.mendelsonconsulting.com www.qbspecialists.com Master of Acctg Info Systems Intuit Solution Provider Advisory Council Adv Cert QuickBooks, POS, & Enterprise ProAdvisor Intuit ProAdvisor Spotlight Intuit Acctg Professionals Trainer/Writer Network Contrib Author, “QuickBooks Consultants Reference Guide” Accounting Technology magazine “Killer VAR” Accounting Technology magazine “Technology Pacesetter” MICHAEL BLOCK, CPA www.BlockTax.com www.QuickBooks-Blog.com B.B.A. (Accounting) QuickBooks ProAdvisor and ProSeries Advisory Councils Advanced Certified QuickBooks, POS, Enterprise ProAdvisor Intuit CEO: “You’re fantastic Mike! Absolutely fantastic!” Intuit QuickBooks “Ask the Expert” (3 times - QuickBooks Errors, Speeding Up QuickBooks) Accounting Technology magazine “Secrets of Outsourcing” cover Former elected Port Everglades (County) Commissioner (gave back salary, never let lobbyists pay) South Florida QuickBooks Speakers Bio

4. Survey Says… How Many CPAs? How Many ProAdvisors? How Many Adv Cert ProAdvisors? How Many End-Users? 4

5. Session Objective – Have Fun! Let’s Get Started! In depth demo where you will learn what is new in QuickBooks 2010! Your CD has a comprehensive Guide that you can use to get more detail about the topics today So relax and have fun in this class….

6. Agenda • Section 1 - Save Time: New features and tools in QuickBooks Premier Accountant 2010 to save you time • Section 2 - Save Money: Your and your clients will benefit from many product enhancements in QuickBooks 2010 designed to save you money • Section 3 - Grow Your Practice: New and improved offerings from Intuit ProLine to help you expand the services you offer your clients, customizable ProAdvisor offering, and improvements made to the certification process

7. New Intuit ProLine Brand • Intuit products and services for Accounting Professionals • QuickBooks Premier Accountant • QuickBooks ProAdvisor Program • Lacerte Tax • Payroll Solutions • And much more! • Integrated to save duplicating data entry All designed to save you time & improve your productivity!

8. Help Me and My Clients Save Time with QuickBooks 2010 Section 1

9. Section Objectives - Save Time After this section, you should be able to: Use the four new Client Data Review Tools Create customized financials with the re-designed Intuit Statement Writer 2010 Use and share with your clients the new QuickBooks Document Management tool More efficiently add or edit List entries Use other new and improved QuickBooks tools and features designed to save time!

10. Client Data Review Cleaning Up a Client’s Data File • Clients modified prior period transactions – took time • Reviewing a client’s data file required extensive searching! • We spent hours (often un-billable) cleaning up the client’s data • We looked closely to see what accounts the client created SAVE TIME with new CDR tools in Premier Accountant 2010

11. Client Data Review • Improved! Troubleshoot Account Balances • New! Batch Reclassify • New! Write-Off Small Balances • New! Troubleshoot Inventory • New! Incorrectly Paid Sales Tax New and Improved!

12. Troubleshoot Account Balances NEW! For 1st review automatically copy Balances in Client’s File to Balances in Accountant’s Records

13. Trial Balance Utility Use the Trial Balance to review current year and make adjusting entries

14. Print Adjusted Trial Balance Document your work with the Adjusted Trial Balance Report

15. Batch Reclassify NEW! Easily reclassify individual transactions that were recorded to the wrong G/L Account

16. Batch Write-Off with Your Review NEW! Easily write-off small balances for statement charges, open invoices, and finance charges

17. Troubleshoot Inventory NEW! Properly review inventory balance on Balance Sheet with Inventory Valuation Summary

18. Troubleshoot Inventory NEW! Identify items with NEGATIVE inventory during a review period or as of a specific date. You can spend more time helping the client manage inventory.

19. Fix Incorrectly Paid Sales Tax NEW! Locate sales tax payments made by check, let CDR automatically replace with the proper sales tax payment form

20. Fix Incorrectly Paid Sales Tax CDR Find and FIX – voids original check and replaces with Sales Tax Payment form

21. External Accountant Login • Complete Admin access – • No access to creating users No access to sensitive credit card numbers. Track your changes separate from your clients

22. Save Time and Money • Track List changes, adding, renaming, deleting even merging • Apply open customer payments and credits in batch to open invoices • Remove overstated Undeposited Funds when a client created a customer payment AND created a separate deposit form • Apply checks written to vendors against open vendor bills • Find incorrectly paid payroll liabilities • Quick access to common tasks and reports Why Use Client Data Review?

23. Client Data Review Demonstration

24. Q A &

25. Intuit Statement Writer 2010 • Create up to 16 statements (worksheets) in a single workbook • Attach Word created letters, cover pages to your Statements • Set any date range, including 4-week months • Access over 50 statement and document templates What’s New

26. Multiple Statements in a Single Report Create up to 16 statements (worksheets) in a single workbook

27. Use ISW to Combine Like Accounts Create up to 16 statements (worksheets) in a single workbook

28. Attach Supporting Documents Print a complete set of Financials including supporting documents

29. Other New Features with ISW 2010 • Set ANYdate range for statements, including 4-week months or 13-week quarters • Attach Microsoft Word-based letters, cover pages and documents to your ISW Statement • Now over 50 statement and document templates ready to use • Build financials on a per-class, per-job basis or combination of classes and jobs

30. Intuit Statement Writer Demonstration

31. Q A &

32. Document Management • Attach to lists: Items, Chart of Accounts, Customers, Vendors • Attach to qualifying transactions even General Journal Entries

33. Document Management • Store receipts, statements and more online for easy sharing • Attach documents to QuickBooks list and most transaction types • Streamline collection of documents from clients

34. Document Management Attach to most transactions • Click the white paperclip icon to add a source document • Click the green paperclip icon to open and view the stored attachment

35. Add/Edit Multiple List Entries Use spreadsheet functionality to add or modify QuickBooks Lists

36. Report Center • New! Carousel View, makes finding the report easy • New! Favorites section • New! Recently viewed reports section What’s New

37. Demonstration

38. Q A &

39. Help Me and My Clients Save Money with QuickBooks 2010 Section 2

40. Section Objectives: After this section, you should be able to: Customize the Company Snapshot Use the new Forms Customization Simplify Email Marketing Campaigns Learn about other new and improved features that will help you and your clients save money

41. Company Snapshot • Instant View, easy to read graphs and reports • Per user – per file Snapshot • Drill down into data

42. Company Snapshot Demonstration

43. Professional Forms Customization Free – promote your business with professionally designed forms • Select from industry specific designs • Easily add your logo, or use a design service (fee applies) to create your logo • Apply the design to all QuickBooks forms

44. Design a Logo Intuit Creative Designs (fee applies) http://intuit.99designs.com/ • Need a logo design for your business, or website design? • Choose from dozens of logos created by multiple designers

45. Intuit Email Marketing • Effective way to stay connected with Customers • Drive repeat business and referrals • Uses QuickBooks data to recommend customers • Create customized, professional looking emails • http://marketingcenter.intuit.com/ • Track the results

46. Other Improvements • Clean Installation Process • Clean Up Company Data Utility • Electronically Print Signatures on checks

47. Q A &

48. Help Me Grow My Practice With QuickBooks 2010 Section 3

49. Section Objectives: After this section, you should be able to: Take advantage of the many benefits of being a ProAdvisor Explore new Payroll offerings to help you expand the services that you offer your clients Use or recommend one of the many new payment processing solutions Recommend the QuickBooks product that is best fit for your client

50. QuickBooks ProAdvisor Program • Benefits included for the annual fee of $449: • Nationally recognized as accounting professionals and business consultants • Premier Accountant 2010 – single user • Enterprise Solutions Accountant 10.0– single user • QuickBooks Online subscription • Unlimited technical support by U.S. based agents • Access to free certification courses