QuickBooks 2020 R7 Released

| May 21, 2020 | 0 Comments

Intuit has released QuickBooks 2020 R7, which fixes a few bugs, changes a few things, and adds a few new features.

This update should be available via automatic updates, as well as at the QuickBooks Update site.

The changes that were announced are:

  • Sales Orders: You can now batch delete unlinked sales orders, similar to the batch delete function for invoices, bills, and checks.
  • Alternate Vendors: You can now get details of alternate vendors for inventory items on the Inventory Stock Status Report by Item and Inventory Valuation Summary reports.
  • Merchant Services: A new checkbox appears when you save custom credit card information – this requires merchants to explicitly agree that they have a signed consent on file from their customers.
  • Subscription: Multi-user companies that want to switch to a subscription plan can now do so in the QuickBooks product itself.
  • TSheets: Users with an External Accountant role can now use and sync TSheets (very handy change).

Changes in QuickBooks Enterprise:

  • Admins in QuickBooks Enterprise can now invite other employees to create an Intuit Account.
  • QuickBooks Enterprise Diamond now has an integrated CRM connector.

Bug Fixes in QuickBooks 2020 R7

Here are the bugs that have been resolved in this release:

  • Fixed an issue that caused QuickBooks to close unexpectedly after an old (prior to 2005) file was upgraded.
  • Fixed an issue that caused QuickBooks to close unexpectedly when emailing Payment Receipts using the QuickBooks-Email method.
  • Fixed an issue where QuickBooks passed incorrect cents amount for L3 items when processing a credit card transaction.
  • Fixed an issue where users were getting the “Payroll Activation” screen when accessing the “Invite Page”.
  • Fixed an issue that would allow non admin users access to the Merchant Service Deposits screen. Yikes!
  • Fixed an issue that caused an incorrect online payment balance to show for pay-enabled Invoices modified by 3rd Party applications.

If you are working with QuickBooks Merchant Services at all, I strongly recommend that you install this update ASAP. If you run into any of the other bugs you probably should get this update soon. If you don’t have those issues, don’t be in a rush. Wait a few weeks to see if any new problems crop up (I’m just cautious, I don’t know of any issues).

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Category: QuickBooks 2020

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.

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