{"id":1369,"date":"2023-02-24T04:46:05","date_gmt":"2023-02-24T09:46:05","guid":{"rendered":"https:\/\/verito.com\/blog\/?p=1369"},"modified":"2026-11-26T02:28:55","modified_gmt":"2026-11-26T07:28:55","slug":"whats-new-in-quickbooks-2023","status":"publish","type":"post","link":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/","title":{"rendered":"What&#8217;s New in QuickBooks Desktop 2023 and Why Should You Know About It?"},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">For many businesses, accounting software means QuickBooks. QuickBooks software has everything you need to handle different sides of your business, whether it is for managing accounting, payroll, invoicing, and expenses. It is no less than a boon in the lives of accountants and CPA firms, considering its <\/span><a href=\"https:\/\/www.datanyze.com\/market-share\/accounting--352\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">market share<\/span><\/a><span style=\"font-weight: 400;\"> of 56.60%. But as you might know, QuickBooks parent company, Intuit, releases new editions of this advanced software every year. In other words, every latest edition of QuickBooks comes with new and improved functionalities that can benefit your business in the long run.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Wondering what\u2019s new in QuickBooks desktop 2023 software? Let\u2019s find out.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-new-features-you-can-access-in-quickbooks-desktop-2023\"><span id=\"new-features-you-can-access-in-quickbooks-desktop-2023\"><b>New Features You Can Access in QuickBooks Desktop 2023<\/b><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><br><h3 id=\"intercompany-transactions\"><b>Intercompany transactions<\/b><\/h3><br><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><b>About The Feature<\/b><\/td><td><span style=\"font-weight: 400;\">This <a href=\"https:\/\/verito.com\/blog\/quickbooks-desktop-pro-review-2023\/\" target=\"_blank\" rel=\"dofollow noopener\" data-wpil-monitor-id=\"318\">feature is available with QuickBooks Desktop 2023 Pro<\/a> Plus, Enterprise, and Premier Plus. It lets CPAs issue a check or bill between separate company files. You need to buy the license for QB Desktop 2023 if you work with shared and separate companies internally. This feature is suitable for maintaining transparency with the help of easy tracking of intercompany transactions.<\/span><\/td><\/tr><tr><td><b>Challenge It Solves<\/b><\/td><td><span style=\"font-weight: 400;\">Consolidated reporting often requires CPAs to adjust intercompany transactions manually, which can be a tough nut to crack, takes significant time,&nbsp; and still lead to errors.<\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><br><h3 id=\"inventory-categories\"><b>Inventory categories<\/b><\/h3><br><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><b>About The Feature<\/b><\/td><td><span style=\"font-weight: 400;\">This new feature of QuickBooks Desktop 2023 allows you to organize the inventory and even provide valuable insights about the stock at the time of running reports. You can access this feature by navigating to <\/span><b>Lists, <\/b><span style=\"font-weight: 400;\">selecting the item to be added to a category, and selecting an existing category. You can also create a new category if required.<\/span> <p><span style=\"font-weight: 400;\">As a result, QB users can filter the exact item from inventory and find the same within a few seconds.<\/span><\/p><\/td><\/tr><tr><td><b>Challenge It Solves<\/b><\/td><td><span style=\"font-weight: 400;\">Finding a specific item from inventory was time-consuming and risky and involved scrolling through everything to find what you are looking for.<\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><br><h3 id=\"inventory-expiration-date\"><b>Inventory expiration date<\/b><\/h3><br><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><b>About The Feature<\/b><\/td><td><span style=\"font-weight: 400;\">For businesses selling perishable items such as food, tracking and selling the products before they expire is crucial. Using this feature of QuickBooks Desktop 2023, business owners can add expiration dates to the lot or serial numbers of such items. As a result, they can avoid selling items that are already expired. Besides this, they can also clear the lot of products that are about to expire by running discount offers.&nbsp;<\/span><\/td><\/tr><tr><td><b>Challenge It Solves<\/b><\/td><td><span style=\"font-weight: 400;\">Before this edition, the need to combine an expiration date with a lot number was there but no solution, which made it difficult to track the about-to-expire items.<\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><br><h3 id=\"vehicle-mileage-tracking\"><b>Vehicle mileage tracking<\/b><\/h3><br><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><b>About The Feature<\/b><\/td><td><span style=\"font-weight: 400;\">The Track Vehicle Mileage feature, as the name suggests, helps in tracking trips and vehicle information throughout the year. It helps in keeping a check on the mileage deductions for the tax season. This <a href=\"https:\/\/verito.com\/blog\/maximizing-the-value-and-performance-of-quickbooks-desktop-enterprise-with-remote-desktop-services\/\" target=\"_blank\" rel=\"dofollow noopener\" data-wpil-monitor-id=\"320\">QuickBooks Desktop<\/a> 2023 feature is available with QB 2023 Plus, Enterprise, and Accountant.<\/span>\n<p><span style=\"font-weight: 400;\">You can track miles driven for business using QB mobile app.<\/span><\/p>\n<\/td><\/tr><tr><td><b>Challenge It Solves<\/b><\/td><td><span style=\"font-weight: 400;\">Business mileage tracking is quite important to benefit from tax deductions but requires manual entries of odometer readings and mileage rates (IRS-approved).<\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><br><h3 id=\"payment-links\"><b>Payment links<\/b><\/h3><br><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><b>About The Feature<\/b><\/td><td><span style=\"font-weight: 400;\">Using this feature, you can send payment links to your customers to collect payments, particularly when you do not require payment invoices. You can benefit from receiving payment in advance, for initial consultations, etc. Also, the payment link can be sent to the payer via email or SMS to request the payment.<\/span><\/td><\/tr><tr><td><b>Challenge It Solves<\/b><\/td><td><span style=\"font-weight: 400;\">Previously, a payment link must be sent with the invoices or other transactional forms for payments or deposits.&nbsp;<\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Read More:<a href=\"https:\/\/verito.com\/blog\/quickbooks-desktop-on-the-cloud-in-2023\/\" target=\"_blank\" rel=\"dofollow\" > QuickBooks Desktop on the Cloud in 2023: Why Does It Matter?<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-quickbooks-desktop-2023-works-best-with-verito-s-cloud\"><span id=\"quickbooks-desktop-2023-works-best-with-veritos-cloud\"><b>QuickBooks Desktop 2023 Works Best with Verito\u2019s Cloud<\/b><\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">The new features of QB Desktop 2023 make it even more advantageous from a business perspective. Before upgrades or migrations, use <a href=\"https:\/\/verito.com\/managed-backup-services\" target=\"_blank\" rel=\"dofollow\" >managed backup services<\/a> to capture a clean pre-update image and verify a test restore.<\/span> For details on supported editions, access, and SLAs, see <a href=\"https:\/\/verito.com\/quickbooks-hosting\" target=\"_blank\" rel=\"dofollow\" >QuickBooks hosting<\/a>.<\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">However, you can still add more wings to its feature set by hosting it on a third-party cloud server. Switch to Verito\u2019s <a href=\"https:\/\/verito.com\/cloud-hosting\" target=\"_blank\" rel=\"dofollow noopener\">cloud hosting plans<\/a> and benefit from remote QB accessibility, enhanced security, better team collaboration, and more.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">To know more about the cloud migration process for your licensed QB software, contact our experts at &#8211; 1-855-583-7486.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"For many businesses, accounting software means QuickBooks. QuickBooks software has everything you need to handle different sides of&hellip;\n","protected":false},"author":12,"featured_media":1370,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[53],"tags":[],"class_list":{"0":"post-1369","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-quickbooks-hosting"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What&#039;s New in QuickBooks Desktop 2023?<\/title>\n<meta name=\"description\" content=\"Wondering what\u2019s new in QuickBooks Desktop 2023 software? Let\u2019s find out about its new features and benefits for your business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What&#039;s New in QuickBooks Desktop 2023 and Why Should You Know About It?\" \/>\n<meta property=\"og:description\" content=\"For many businesses, accounting software means QuickBooks. QuickBooks software has everything you need to handle different sides of your business, whether\" \/>\n<meta property=\"og:url\" content=\"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Verito Technologies | Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-24T09:46:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-26T07:28:55+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/verito.com\/blog\/wp-content\/uploads\/2023\/02\/Whats-New-in-QuickBooks-Desktop-2023.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Camren Majors\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Camren Majors\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What's New in QuickBooks Desktop 2023?","description":"Wondering what\u2019s new in QuickBooks Desktop 2023 software? Let\u2019s find out about its new features and benefits for your business.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/","og_locale":"en_US","og_type":"article","og_title":"What's New in QuickBooks Desktop 2023 and Why Should You Know About It?","og_description":"For many businesses, accounting software means QuickBooks. QuickBooks software has everything you need to handle different sides of your business, whether","og_url":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/","og_site_name":"Verito Technologies | Blog","article_published_time":"2023-02-24T09:46:05+00:00","article_modified_time":"2026-11-26T07:28:55+00:00","og_image":[{"width":1000,"height":500,"url":"http:\/\/verito.com\/blog\/wp-content\/uploads\/2023\/02\/Whats-New-in-QuickBooks-Desktop-2023.png","type":"image\/png"}],"author":"Camren Majors","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Camren Majors","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/#article","isPartOf":{"@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/"},"author":{"name":"Camren Majors","@id":"https:\/\/verito.com\/blog\/#\/schema\/person\/865ad0905f2ef35c7587605a88ab6c1e"},"headline":"What&#8217;s New in QuickBooks Desktop 2023 and Why Should You Know About It?","datePublished":"2023-02-24T09:46:05+00:00","dateModified":"2026-11-26T07:28:55+00:00","mainEntityOfPage":{"@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/"},"wordCount":726,"publisher":{"@id":"https:\/\/verito.com\/blog\/#organization"},"image":{"@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/verito.com\/blog\/wp-content\/uploads\/2023\/02\/Whats-New-in-QuickBooks-Desktop-2023.png","articleSection":["QuickBooks Hosting"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/","url":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/","name":"What's New in QuickBooks Desktop 2023?","isPartOf":{"@id":"https:\/\/verito.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/#primaryimage"},"image":{"@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/verito.com\/blog\/wp-content\/uploads\/2023\/02\/Whats-New-in-QuickBooks-Desktop-2023.png","datePublished":"2023-02-24T09:46:05+00:00","dateModified":"2026-11-26T07:28:55+00:00","description":"Wondering what\u2019s new in QuickBooks Desktop 2023 software? Let\u2019s find out about its new features and benefits for your business.","breadcrumb":{"@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/#primaryimage","url":"https:\/\/verito.com\/blog\/wp-content\/uploads\/2023\/02\/Whats-New-in-QuickBooks-Desktop-2023.png","contentUrl":"https:\/\/verito.com\/blog\/wp-content\/uploads\/2023\/02\/Whats-New-in-QuickBooks-Desktop-2023.png","width":1000,"height":500,"caption":"What's New in QuickBooks Desktop 2023"},{"@type":"BreadcrumbList","@id":"https:\/\/verito.com\/blog\/whats-new-in-quickbooks-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/verito.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Cloud Hosting","item":"https:\/\/verito.com\/blog\/category\/cloud-hosting\/"},{"@type":"ListItem","position":3,"name":"Accounting Software Hosting","item":"https:\/\/verito.com\/blog\/category\/cloud-hosting\/accounting-software-hosting\/"},{"@type":"ListItem","position":4,"name":"QuickBooks Hosting","item":"https:\/\/verito.com\/blog\/category\/cloud-hosting\/accounting-software-hosting\/quickbooks-hosting\/"},{"@type":"ListItem","position":5,"name":"What&#8217;s New in QuickBooks Desktop 2023 and Why Should You Know About It?"}]},{"@type":"WebSite","@id":"https:\/\/verito.com\/blog\/#website","url":"https:\/\/verito.com\/blog\/","name":"Verito Technologies | Blog","description":"Verito Technologies Blog","publisher":{"@id":"https:\/\/verito.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/verito.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/verito.com\/blog\/#organization","name":"Verito Technologies","url":"https:\/\/verito.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/verito.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/verito.com\/blog\/wp-content\/uploads\/2020\/01\/logo_blue.png","contentUrl":"https:\/\/verito.com\/blog\/wp-content\/uploads\/2020\/01\/logo_blue.png","width":625,"height":208,"caption":"Verito Technologies"},"image":{"@id":"https:\/\/verito.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/verito.com\/blog\/#\/schema\/person\/865ad0905f2ef35c7587605a88ab6c1e","name":"Camren Majors","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/verito.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/77bfceda618286bd3464259eedc244dda94e71f2d7782a878cb75fd25c966426?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/77bfceda618286bd3464259eedc244dda94e71f2d7782a878cb75fd25c966426?s=96&d=mm&r=g","caption":"Camren Majors"},"description":"Camren Majors is co-founder and Chief Revenue Officer of Verito Technologies, a cloud hosting and managed IT company built exclusively for tax and accounting firms. He is the co-author of Beyond Best Practices: Modernizing the Successful Accounting Firm (2026). His work has been featured in NATP TAXPRO Magazine and he has presented for NATP, NAEA, and NSA."}]}},"_links":{"self":[{"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/posts\/1369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/comments?post=1369"}],"version-history":[{"count":6,"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/posts\/1369\/revisions"}],"predecessor-version":[{"id":4840,"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/posts\/1369\/revisions\/4840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/media\/1370"}],"wp:attachment":[{"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/media?parent=1369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/categories?post=1369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/verito.com\/blog\/wp-json\/wp\/v2\/tags?post=1369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}