If you are a QuickBooks Online Payroll user, all payroll transactions done through QuickBooks Online Payroll will now automatically match payroll tax payments to the correct transactions in your books. Thereby reducing time spent on manually reconciling from the bank feed. If you find that a QuickBooks Online Payroll subscription might benefit your business, auto-matching payroll tax payments is another great benefit to add to the list.
Intuit has recently increased the allowed maximum number of targets in a QB Desktop file permitted to convert to QuickBooks Online from 750,000 to 1,200,000. Targets are another way of determining the “size” of your QuickBooks Desktop file. The more targets your file has, the more data it contains. To view the number of targets in your QuickBooks desktop file, open your file and press F2. This will bring up the “Product Information” window where you can view your file’s Total Targets:
If your business has been unable to convert from Desktop to Online due to your total number of targets being too many, you may be able to convert now. If this conversion is something you’re interested in, please reach to your Porte Brown advisor for more information.