Unofficial QuickBooks Accountants Podcast Hector Garcia, CPA & Alicia Katz Pollock, MAT

In this episode, Hector and Alicia provide an inside scoop on the latest QuickBooks Online bug fixes, including resolved issues with report drill-downs and report grouping. They explore recent enhancements to modern reports like filtering by inactive accounts and custom fields. The duo also dives into the new recurring invoice experience and its streamlined interface. Additionally, Hector shares insights from his recent videos focused on QuickBooks Online for construction and project-based accounting needs.

SponsorsClientHub- https://uqb.promo/clienthubRelay - https://uqb.promo/relayBlue Onion - https://uqb.promo/blueonion
(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast
(02:20) - Recent Bug Fixes in Reports
(04:51) - Enhancements in Modern Reports
(07:52) - Custom Fields and Their Limitations
(13:21) - Navigating Price Rules and Invoice Updates
(17:32) - New Invoice Layout
(18:51) - Unveiling New Features and User Interface Changes
(30:36) - What Hector and Alicia Have Coming Up
(31:52) - Thanks to All of Our Listeners
Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode:Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastAlicia’s QBO Products, Services, and Inventory Course - http://royl.ws/qbo-InventoryQuickBooks Connect Conference www.quickbooksconnect.comQuickBooks Tricky Situations: http://royl.ws/QBOtricksNext-Level Accounting: http://royl.ws/NextLevelAccounting

On this episode, Hector and Alicia introduce a new segment called "Rant Off" where they spin a wheel to randomly select a topic to rant about for 20 minutes. The topic lands on tax deadlines, leading Alicia to express frustration over the intense workload during tax season and suggest alternatives like staggered filing dates. Hector provides potential solutions such as client handling of time-sensitive filings, promoting extensions, deadline-based pricing, while also highlighting some benefits of annual deadlines. They conclude by promoting Alicia's upcoming QBO class and Hector's accounting conference.

SponsorsClientHub- https://uqb.promo/clienthubRelay - https://uqb.promo/relayMelio - https://uqb.promo/melio
(00:00) - Introduction to the QuickBooks Accountants Podcast Rant Wheel

(08:25) - Exploring Solutions to Tax Season Burnout

(12:59) - The Benefits of Filing Extensions & Proactive Planning

(24:42) - Closing Thoughts and Upcoming Events
Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode:Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastAlicia’s QBO Products, Services, and Inventory Course - http://royl.ws/qbo-InventoryQuickBooks Connect Conference www.quickbooksconnect.com

Hector and Alicia discuss the positive aspects of working with Intuit and QuickBooks, highlighting the company's strong culture, training programs, and user-friendly software. They analyze Intuit's business decisions like acquisitions and the transition to a cloud-based platform, acknowledging challenges but ultimately supporting the vision. The hosts emphasize Intuit's engagement with user feedback, third-party app ecosystem, and efforts to foster community through events like QuickBooks Connect. Despite criticisms, they argue Intuit exhibits financial responsibility that will ensure QuickBooks' longevity, benefiting accountants who embrace change.

SponsorsClientHub- https://uqb.promo/clienthubRelay - https://uqb.promo/relayHarbor Compliance - https://uqb.promo/harbor
(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast

(04:29) - The Positive Impact of Intuit's People and Culture

(05:43) - Reflecting on Intuit's Training and ProAdvisor Program

(10:04) - The Power of Feedback and Community Engagement at Intuit

(24:53) - A Closer Look at Intuit's Handling of Mailchimp and TSheets

(28:42) - Exploring QuickBooks Time and Its Integration Challenges

(29:31) - The Power of QuickBooks Time and Its Slow Rollout

(34:28) - Accountant-Approved Apps and the Need for Verification

(43:22) - QuickBooks Online: A User-Friendly Platform for Small Businesses

(49:16) - The Future of QuickBooks: Cloud-Based Platforms and Financial Decisions

(54:16) - Embracing Change and Upcoming Events
Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode:Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastAlicia’s QBO Products, Services, and Inventory Course - http://royl.ws/qbo-InventoryQuickBooks Connect Conference www.quickbooksconnect.com

In this candid discussion, Hector and Alicia delve into Intuit's recent introduction of QuickBooks Live Assisted Bookkeeping, a $50/month service aimed at providing enhanced support to QuickBooks users. They analyze the potential implications for accounting professionals, debating whether this offering presents an opportunity for collaboration or a threat of competition. With thought-provoking perspectives from both sides, they explore the evolving dynamics between Intuit and the accounting community, offering insights into how professionals can adapt and thrive in this changing landscape.

SponsorsRelay - https://uqb.promo/relayLiveFlow - https://uqb.promo/liveflowSettle - https://uqb.promo/settle
(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast

(02:04) - Exploring the New Service and Community Reactions

(04:11) - Alicia's Perspective: The Bigger Picture and Industry Impact

(11:59) - Dissecting the Technicalities and Future Implications

(16:01) - The ProAdvisor Community and Intuit's Evolving Strategy

(23:23) - Exploring Paid Support Options and ProAdvisor Involvement

(25:22) - Analyzing the Financial Viability of QuickBooks Support Services

(27:33) - Opportunities and Challenges in Training and Staffing

(31:54) - The Impact of Intuit's Strategies on the Accounting Community

(36:36) - Shareholder Perspectives vs. Ethical Considerations in Business Decisions

(39:00) - The Future of Accounting Software and Professional Relationships

(46:55) - Upcoming Events and Conferences for Accounting Professionals
Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode:Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastAlicia’s QBO Products, Services, and Inventory Course - http://royl.ws/qbo-InventoryQuickBooks Connect Conference www.quickbooksconnect.com

In this episode, Hector and Alicia delve into using journal entries in QuickBooks Online, outlining when they're appropriate and when to avoid them. They offer insights into accounting workflows such as depreciation, tax adjustments, job costing, and class allocations. They also highlight advanced techniques like the adjusting entry checkbox and utilizing features like the reclassify transactions tool. The episode showcases the new journal entry import tool, explaining how to set up CSV files, map accounts, and overcome limitations, along with innovative uses like memo notes via zero-value entries. Whether you're an accountant, bookkeeper, or QuickBooks enthusiast, this episode enhances your understanding of journal entries and enhances efficiency in QuickBooks Online.

SponsorsClientHub- https://uqb.promo/clienthubLiveFlow - https://uqb.promo/liveflowSettle - https://uqb.promo/settle
(00:00) - Welcome to the Unofficial QuickBooks Accountants Podcast

(01:53) - Introduction to Journal Entries in QuickBooks Online

(09:33) - The Complexities of Adjusting AR and AP in QuickBooks

(20:13) - Advanced Journal Entry Techniques for Job Costing and Class Allocation

(28:49) - When to Avoid Using Journal Entries

(29:33) - QuickBooks Online: Reclassify Transactions Feature

(30:34) - The Power and Limitations of QuickBooks Online Accountant

(35:36) - Navigating QuickBooks Online: Importing Journal Entries

(45:04) - Advanced QuickBooks Online Features: Adjusting Journal Entries

(49:35) - Upcoming Courses and Personal Updates

(51:45) - Reflections and Closing Thoughts
Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode:Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastQuickBooks Connect Conference www.quickbooksconnect.comFirm of the Future www.firmofthefuture.com

In this episode, Hector and Alicia dive deep into the features and benefits of QuickBooks Online Advanced, exploring whether the additional cost is worth it for businesses. They compare and contrast QuickBooks Online Advanced with the standard QuickBooks Online Plus plan, highlighting key differences in user permissions, forecasting, batch editing, and more. The discussion also touches on the transition from QuickBooks Desktop to the online advanced version, providing insights for accountants and small business owners considering the move.

SponsorsClientHub- https://uqb.promo/clienthubLiveFlow - https://uqb.promo/liveflowHarbor Compliance - https://uqb.promo/harbor
(00:00) - Welcome to the Unofficial Quickbooks Accountants Podcast

(03:35) - Price Comparison: QuickBooks Online Advanced vs. Plus

(05:50) - User Capacity: A Major Selling Point

(07:17) - Forecasting: Advanced Budgeting Features

(08:57) - Spreadsheet Sync: A Game-Changer for Budgeting

(20:28) - Alicia's Correction About this Feature

(22:49) - Batch Create Transactions

(26:33) - Custom User Permissions: A Work in Progress

(29:17) - Diving Into Report Customization and Limitations

(31:11) - Workflow Automation and Task Notifications: A Closer Look

(44:53) - QuickBooks Online Advanced Tech Support

(46:39) - A Few Additional Features Not Listed on QuickBooks.com
Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode:Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastQuickBooks Connect Conference www.quickbooksconnect.comFirm of the Future www.firmofthefuture.com