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Anisim Lukin
Anisim Lukin

QuickBooks Desktop Premier 2020: What's New and Improved


QuickBooks Premier 2020: A Comprehensive Guide




If you are looking for a reliable and powerful accounting software for your small or medium-sized business, you might want to consider QuickBooks Premier 2020. This software is designed to help you manage your finances, track your income and expenses, create and send invoices, manage inventory and projects, and generate reports and insights. In this article, we will give you a comprehensive guide on what QuickBooks Premier 2020 is, what features and benefits it offers, how to download and install it, and how to use it.


What is QuickBooks Premier 2020?




QuickBooks Premier 2020 is the latest version of QuickBooks Desktop, a desktop-based accounting software that has been trusted by millions of users for over 20 years. QuickBooks Premier 2020 is tailored for specific industries, such as manufacturing, construction, retail, nonprofit, and professional services. It allows you to create industry-specific reports, track costs and profitability by project or product, and access industry-specific tools and features. QuickBooks Premier 2020 also comes with a Plus subscription option, which includes unlimited support, data backups, and access to the QuickBooks Desktop mobile app.




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Features and benefits of QuickBooks Premier 2020




QuickBooks Premier 2020 has many features and benefits that can help you streamline your accounting tasks and grow your business. Here are some of the most notable ones:


Automated payment reminders




With this feature, you can save time and improve your cash flow by automatically sending reminders to your customers for their due or overdue invoices. You can schedule, review, and send payment reminders to your customers from within QuickBooks.


Customer PO number in email subject




If you work with customers who need to connect purchase orders to their invoices, you can easily add their PO number as the first thing they see in the subject of the invoice email. This can help you reduce errors and confusion, and speed up the payment process.


Combine multiple invoices in one email




You can enhance your customer service by combining all invoices meant for a single customer into one email. This can help you simplify your communication, reduce clutter in your customer's inbox, and increase the chances of getting paid faster.


Company file search option




You can find and open your company files faster with the addition of a file search option on the No Company Open screen. You can also see the most recent company files that you have opened or created.


Admin password reset




You can reset your company file admin password without needing to enter a long list of information to verify your identity. You just need to select your email from a list of emails registered with your QuickBooks account and enter the token that you will receive to reset your admin password.


Enhanced accessibility




You can improve the usability of QuickBooks for vision-challenged users with the accessibility enhancements on the Bills, Invoice, and Write Check screens. You can use keyboard shortcuts, screen reader support, and tooltips to navigate through these screens more easily.


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How to download and install QuickBooks Premier 2020




To download and install QuickBooks Premier 2020 on your computer, you need to follow these steps:


System requirements for QuickBooks Premier System requirements for QuickBooks Premier 2020




Before you download and install QuickBooks Premier 2020, you need to make sure your computer meets the minimum system requirements. According to the official website, you need the following:


  • Windows 10, Windows 8.1 (update 1), or Windows Server 2019, 2016, or 2012 (natively installed)



  • 2.4 GHz processor



  • 4 GB of RAM (8 GB recommended)



  • 2.5 GB disk space plus additional space for data files



  • 4x DVD-ROM drive (if installing from CD)



  • Internet access for online features and updates



  • Product registration required



  • Optimized for 1280x1024 screen resolution or higher



Download link for QuickBooks Premier 2020




To download QuickBooks Premier 2020, you can go to the Downloads & Updates page and select your country, product, and version. You will need your license and product number to complete the download. If you don't have them, you can find them in your purchase confirmation email, on the original packaging, or in your QuickBooks account.


Installation steps for QuickBooks Premier 2020




To install QuickBooks Premier 2020 on your computer, you can follow these steps:


  • Open the file that you downloaded (QuickBooksPremier2020.exe) and follow the on-screen instructions.



  • Accept the software license agreement and click Next.



  • Enter your license and product numbers and click Next.



  • Select the type of installation for your computer: Express to let QuickBooks choose the best option for you, or Custom and Network to choose where to put your data and who will use QuickBooks on this computer.



  • Select where you will be using QuickBooks: I'll be using QuickBooks on this computer, I'll be using QuickBooks on this computer and I'll be storing our company file here so it can be shared over our network, or I will not be using QuickBooks on this computer. I will be storing our company file here so it can be shared over a network.



  • Click Install to start the installation. It may take some time depending on your computer and internet speed.



  • When the installation is complete, click Open QuickBooks to get started.



  • Activate and update QuickBooks by following the prompts on the screen.



How to use QuickBooks Premier 2020




Once you have installed QuickBooks Premier 2020, you can start using it to manage your business finances. Here are some of the basic tasks that you can do with QuickBooks:


Create and manage invoices




You can create and send professional invoices to your customers from QuickBooks. You can also track the status of your invoices, send payment reminders, apply payments, and record deposits. To create an invoice, go to Customers > Create Invoices. To manage your invoices, go to Customers > Customer Center.


Track income and expenses




You can track your income and expenses by connecting your bank and credit card accounts to QuickBooks. You can also enter transactions manually or import them from Excel or CSV files. To connect your accounts, go to Banking > Bank Feeds > Set Up Bank Feed for an Account. To enter transactions manually, go to Banking > Write Checks or Banking > Make Deposits. To import transactions, go to File > Utilities > Import > Excel Files or File > Utilities > Import > IIF Files.


Manage inventory and projects




You can manage your inventory and projects with QuickBooks Premier 2020. You can track the quantity and value of your inventory items, set reorder points, create purchase orders, adjust inventory levels, and run inventory reports. You can also track the costs and profi


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