QuickBooks 2018 R4

| December 26, 2017

Intuit has released QuickBooks 2018 R4, which should be available via automatic updates. You can also go to the QuickBooks Update site to download the patch.

This is a maintenance release of the relatively new QuickBooks 2018 product. So far, QuickBooks 2018 has been fairly stable, which is an improvement over past years. However, I’ve not had a chance to test this particular update. I recommend that you wait a week or two to see if anyone runs into any problems. I don’t expect any problems, I’m just cautious when it comes to updates. However, if you are filing 1099’s right now, or if you use Capital One Bank, you may want to consider installing this update right away.

QuickBooks 1099 Compliance

This release updates QuickBooks 2018 to the latest 1099 Compliance changes from the IRS for tax filing. It includes support for a new functionality in the 1099-Misc forms printing wizard in the Vendor Center to allow you to enter State tax withheld and Payer’s State ID with verification for two states, Wisconsin and New Jersey. Currently this is not stored in the database, it will only be entered in the wizard for immediate printing. Intuit says that in an upcoming release, these form elements will also be saved in the company file for later use.

QuickBooks Online Banking with Capital One

Starting December 31, 2017, Capital One Bank will discontinue support for the Direct Connect service. Express Web Connect service will replace Direct Connect, and the impact will extend to loss of Bill Pay functionality, in addition to statement download. Confusing? Please see this Intuit support article for detailed information.

QuickBooks Payments

Merchants can now accept and process EMV chip credit cards with QuickBooks 2018 R4 and later.

QuickBooks 2018 R4 Bug Fixes

This release fixes the following problems:

  • An issue that caused Batch Invoices to be marked as sent, when they weren’t.
  • A crash that would occur when exporting a report to an existing Excel sheet that was in use.
  • A crash issue that would occur when the user uses the Help function and is in offline mode.
  • A problem when saving an invoice after copy/paste operations with billable items.
  • A crash issue when the user upgrades the company file, processes credit card and E-Check transactions, then closes the company file.
  • A problem with the QuickBooks SKD, where a build transaction description would be returned to a program, that did not match what the user would see in QuickBooks itself.
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Category: QuickBooks 2018

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.

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