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QuickBooks 2009 Release R7

Intuit has released the R7 update to QuickBooks 2009 on March 23 - it is available via manual update. Automatic updates will probably be released later this week. This article was revised on 3/24/2009.

There are a number of changes with this release. Please note that I have not tested all of these changes at this time. I’ll point out some of the significant changes here – for a full list go to the update info page.

Multiple Invoice Number Sequence in QuickBooks

QuickBooks will automatically generate the next sequential invoice number when you are creating invoices. In some cases, though, you may want to have more than one sequence of numbers. Perhaps you have two divisions of your company, each with its own invoice numbering. Or you want to track classes of sales – with one sequence for retail sales and another for wholesale sales. This is easy to set up in QuickBooks.

New Features in QuickBooks 2009

Intuit has started shipping QuickBooks 2009 today, and there are many new features. Today I’ll briefly describe some of the features that I feel are very important. An in-depth treatment of some of these features will be coming soon.

  • Multi-Currency Support
  • Support for Larger Numbers
  • Company Snapshot
  • Multi-User Enhancements

Currency Symbols and QuickBooks

The US editions of QuickBooks prior to the 2009 release don’t provide support for multiple currencies. One common question I see from non-US businesses using these versions is “How do we change the currency symbol on my invoices?”. Today I’ll give you a few pointers on how to handle this. I will not be talking about how to deal with multiple currencies from an accounting standpoint. Please note that with the 2009 release the product supports multiple currencies.