QuickBooks Desktop 2020 Pro

Take complete control of your business finances with QuickBooks Desktop 2020. As a powerful, one-time purchase accounting solution, this software is installed directly on your computer, giving you robust tools and direct ownership of your financial data without the need for a monthly subscription. Designed for small to medium-sized businesses, QuickBooks Desktop 2020 streamlines your daily financial tasks, providing deep insights and organizing everything in one place.

Whether you're tracking income and expenses, creating professional invoices, or preparing for tax time, QuickBooks Desktop 2020 offers a mature and feature-rich platform to manage your company's financial health effectively.

Core Features & Functions

1. Invoicing & Sales Management

• Professional Invoices & Estimates: Create custom, professional-looking estimates, quotes, and invoices in minutes. Add your logo and use custom fields to capture the information you need.

• Sales Tracking: Monitor all your sales, track unpaid invoices, and see who your best customers are.

• Receive Payments: Accept credit card and bank transfer payments directly through your invoices (requires a QuickBooks Payments account).

• NEW for 2020 - Automated Payment Reminders: Schedule and send automatic reminders for overdue invoices, saving you time from chasing payments.

• NEW for 2020 - Combine Invoices: Group multiple invoices for a single customer into one convenient email, making it easier for them to pay you.

2. Expense & Vendor Management

• Track Expenses: Connect your bank and credit card accounts to automatically download and categorize transactions, or enter expenses manually.

• Manage Bills: Easily enter and pay bills from vendors. Set up recurring payments for regular expenses.

• Purchase Orders: Create and send purchase orders to vendors to manage your ordering process efficiently.

• Track Sales Tax: Automatically calculate and track sales tax on your invoices, sales receipts, and bills, simplifying tax remittance.

3. Inventory Management

• Track Products & Cost of Goods Sold: Keep a detailed record of your inventory, including quantities on hand, costs, and sales prices. QuickBooks automatically adjusts inventory and calculates your cost of goods sold with every sale.

• Set Reorder Points: Establish minimum stock levels to receive automatic notifications when it's time to reorder.

• Create Inventory Reports: Generate reports to see your best-selling products, what’s in stock, and your total inventory value.

4. Reporting & Business Insights

• Customizable Reports: Access over 100 pre-built financial, sales, and tax reports. Easily customize them to focus on the data that matters most to your business.

• Company Snapshot: Get a real-time, consolidated view of your business performance on a single screen, including profit and loss, income and expenses, and top customers.

• Key Reports Include: Profit & Loss, Balance Sheet, Statement of Cash Flows, Accounts Receivable Aging, and more.

• NEW for 2020 - Collapsible Report Columns: Simplify complex reports by hiding columns to view customer totals or consolidated data more easily.

5. Banking & Reconciliation

• Bank Feeds: Securely connect your bank accounts to download transactions, eliminating manual data entry and reducing errors.

• Easy Reconciliation: Streamline the process of matching your bank statements with your QuickBooks records to ensure accuracy.

6. Payroll & Employee Management

• Integrated Payroll: (Requires an Enhanced Payroll subscription) Run payroll, calculate paychecks, and automatically calculate payroll taxes.

• Direct Deposit: Offer free direct deposit for your employees.

• Federal & State Forms: Easily prepare and file federal and state tax forms directly from QuickBooks.

Technical Specifications (Minimum System Requirements)

• Operating System: Windows 8.1 or Windows 10 (64-bit natively supported).

• Processor: 2.4 GHz processor or faster.

• RAM: 4 GB of RAM (8 GB recommended).

• Server RAM: 8 GB for 1-5 Users (for multi-user environments).

• Disk Space: 2.5 GB of disk space (additional required for data files). Additional space required for Microsoft .NET 4.7 Runtime.

• Display: Screen resolution of 1284 x 1024 or higher, optimized for Default DPI setting.

• Optical Drive: 4x DVD-ROM drive (if installing from disc).

• Internet: Internet access is required for payroll and online features.