THE OFFICIAL BLOG OF THE SBS DIVA

We're working hard to get several updates to current versions of QuickBooks ready for you and your clients by the dates shown below. These releases are also for QuickBooks Enterprise Solutions 8, 7, and 6, although for brevity we are listing them by the QuickBooks desktop year only.

QuickBooks 2008, Release 3*

This is a major release. See below for details.

• Manual Update Planned to Go Live Thursday, Nov. 29.
• Automatic Update Planned to Go Live Thursday, Dec. 13.

*There is no Release 2 or R2; R3 is the first release to update QuickBooks 2008. The numbering scheme will skip a release if superseded in development. Note: For clients looking to purchase and download QuickBooks 2008 from QuickBooks.com, Release 3 is expected to be available Monday, Dec. 3.

QuickBooks 2007, Release 10**

This is a minor release; detailed release notes will be posted when live.

• Web and Automatic Update Planned to Go Live Monday, Dec. 10. Minor release; release notes posted when live.

**There is no R9. The prior update was R8. The numbering scheme will skip a release if superseded in development.

QuickBooks 2006, Release 11

• Web and Automatic Update Planned to Go Live Monday, Dec. 10. Minor release; release notes posted when live.

For all of these releases, check the QuickBooks Support site for Product Updates.

TIP: Use the "Select a Different Product" button to check on a different version of QuickBooks from the version that is your current default.

Another Reason to Use Accountant's Copy. When you and your clients update to R3, you will have improved reconciliation functionality in the Accountant's Copy.

With R3, either you or the client or both can reconcile their bank and credit card accounts while the Accountant's Copy is with you. The client's reconciliation of a particular account is saved and will be retained as long as you did not also reconcile the account during the period you worked on the Accountant's Copy. (If you have reconciled the same account as the client, your reconciliation will be retained when the client accepts the Accountant's Copy.)

More Changes in R3. More information on QuickBooks 2008 R3 will be posted with the Web update, which we expect on Nov. 29, 2007. Enhancements and resolutions of known issues are expected for a variety of QuickBooks functions.

Notes:

1. In its initial release, QuickBooks 2008 allowed a situation where clients could send an Accountant's Copy, then do a reconciliation, and discover the reconciliation was undone when the updated Accountant's Copy was imported. Individually and through various advisor groups, you told us we had to fix this so clients would not see their reconciliations disappear.
2. In R3, if a ProAdvisor and client should both reconcile the same account while the Accountant's Copy is out with the ProAdvisor, the ProAdvisor's reconciliation will override the client's reconciliation.
3. With your QuickBooks Premier Accountant Edition 2008, you are able to share an Accountant's Copy with clients in either QuickBooks 2007 or QuickBooks 2008. However, to take advantage of the revamped reconciliation ability identified in this newsletter, the ProAdvisor must have Accountant Edition 2008 R3 and the client QuickBooks 2008 R3.