Intuit has released the QuickBooks 2011 R3 update to manual update. This is the first public update to the 2011 product, and it has a number of changes. The good news is that it looks like QuickBooks 2011 must be pretty stable, as we aren’t seeing any earthshaking patches here.
Wait – we didn’t see an R2 release? Don’t worry, you didn’t miss anything. There wasn’t an R2 release. Intuit generally holds the “R2” designation if they need to get a major problem fixed quickly. That wasn’t needed this year.
I have been using the R3 release in Enterprise for about a week, and I’ve not run into any new problems. The list of fixes that they officially are listing is shown below (based on early info, there may be some last minute changes as it gets released). I won’t say that I tested every feature shown here.
- The QuickBooks File Manager ( a part of the Accountant’s Editions) should list the version of QuickBooks that is used for a particular file. In the first release it didn’t always show the version for portable company files. This should work now.
- Several installation problems have been resolved.
- There are some changes to user permissions. Viewing of paycheck information has been made more secure. Also, if a user does not have access to a specific bank account (but is allowed access to OTHER bank accounts) you can prevent them from writing a check in the prohibited account even if they have Sensitive Accounting permissions.
- If you are using an online service or third party addon that runs QuickBooks in the background, you will no longer see the message An empty QuickBooks window already exists, so QuickBooks will use that window when you launch QuickBooks with the desktop icon.
- If you convert a Quicken 2010 file to QuickBooks on a Windows XP computer, the program will no longer crash.
- If you are using the Intuit PaymentNetwork and resend an invoice that has already been paid, the invoice will not include the Intuit Payment Network link. You also have a new preference to remove the Intuit PaymentNetwork link from printed invoices altogether.
- If you are creating a new company (or updating an existing one) using the new QuickBooks Setup feature you now can modify the customer or vendor balance when adding records.
- If you are using a third party addon that modifies or creates purchase orders you will no longer get the error message PurchaseOrderQuery Internal error 1000.
- You can send batch invoices from the Collections Center if you are using the QuickBooks service to mail invoices.
- Some error messages are resolved in the multi-instance feature.
- The Search window sometimes was hiding the close button.
Should you update? If you are running QuickBooks 2011 or Enterprise Solutions V11, then you should definitely get this update. Go to the product update page to get this update, and a comprehensive list of the changes (I’ve not listed EVERY change here).
If you are using an older version and are waiting to install QB 2011, well, that is an interesting question. I’ve been running Premier 2011 for quite awhile now, and I have not run into significant show-stopping problems. I’m happy with it. I haven’t heard a huge outcry as we have in some past years. SO, it is up to you, but it should be OK. MAKE SURE that you make a backup of your older company files BEFORE you install the upgrade. MAKE SURE that you install the new program into a separate folder, so that you have both the old and the new program. TEST the converted file to make sure that all users can still use it. Be cautious, be safe.
About the Author (Author Profile)
Charlie Russell is the founder of CCRSoftware. He’s been involved with the small business software industry since the mid 70’s, focusing on inventory and accounting software for small businesses. Charlie is a Certified Advanced QuickBooks ProAdvisor. Look for Charlie’s articles in the Accountex Report blog, as well as his California Wildflower Hikes blog.