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Introduction > What’s New in QuickBooks 2005

What’s New in QuickBooks 2005

Despite the malleable size of the tax code each year, accounting and bookkeeping practices don’t change all that much. In fact, most of the changes in QuickBooks 2005 are small tweaks and subtle improvements. But a few additions might make you sit up and take notice:

  • Applying credits and write-offs is easier now that you can do so as part of creating invoices or receiving payments. When you create an invoice for a customer who has an unused credit (page 219), QuickBooks asks if you want to apply the credit. Similarly, as you receive payments, issuing refunds for overpayments or writing off underpayments now requires only a few clicks.

  • As you might expect, or perhaps have already demanded, downloading online payments is much easier and works with many more financial institutions (more than 500 at last count). Chapter 20 explains in detail how to do this.


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