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Intuit
Income Tracker
The Income Tracker makes it easy to find and work with your unbilled sales (estimates and sales orders), unpaid sales (open and overdue invoices), and paid sales (payments and sales receipts).
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Intuit
Slide 1 - New QuickBooks 2014 Income Tracker
The Income Tracker makes it easy to find and work with your unbilled sales (estimates and sales orders), unpaid sales (open and overdue invoices), and paid sales (payments and sales receipts).
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Intuit
Slide 2 - New QuickBooks 2014 Income Tracker Actions
To perform an action on a particular transaction, click in the Action column for that transaction. Click the Select drop-down arrow and select an action.
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Slide 3 - New QuickBooks 2014 Income Tracker Batch Actions
To perform an action on a group of transactions of the same type, select the appropriate transactions. To select all the transactions in the list, select the checkbox in the header row. To print multiple transactions, click the Batch Transactions drop-down and select the form name.
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Intuit
Slide 4 - New QuickBooks 2014 Income Tracker Manage Transactions
To create a new transaction, click the Manage Transactions drop-down arrow and select the transaction type.
The new Income Tracker closely resembles the Customer Center of the New QuickBooks Online. I am not really sure if one Intuit 'product team' stole the interface from the other, or if their newer forms of collaboration resulted in the sharing, but this type of similarity will make it easier for users of either product to migrate to the opposite product should they choose to do so.
With respect to what the Income Tracker does, it provides a clear display of your open estimates, unbilled sales orders, open invoices, your overdue invoices and your paid invoices. It also makes it easy to work with these transactions in a variety of ways. There is one thing you should be aware of, Income Tracker is not available to you if you use the multicurrency feature.
To open the Income Tracker, select the Customer Menu and then select Income Tracker. Only the QuickBooks Administrator has initial access to this new feature, users must be granted access.
For each category of transaction reflected within Income Tracker, colored blocks display the total for all the transactions in that category. Click a colored block to see the transactions that make up that amount. (Slide 1) Use the drop-down arrows below the colored blocks to further filter the displayed list. If you want to see a list of all transactions simply click Clear/Show All.
To edit a transaction, either double-click it, or select the transaction from the list. Then click the Manage Transactions drop-down arrow and select Edit Highlighted Row.
At the right end of each transaction displayed in the list you will find an Action drop-down field from which you may select an action appropriate to the existing status of a specific transaction. (Slide 2)
Income Tracker also provides you with the ability to perform an action on a group of transactions of the same type. Select the appropriate transactions. To select all the transactions in the list, select the checkbox in the header row. (Slide 3) To print multiple transactions, click the Batch Transactions drop-down and select the form name.
You can also create a new transaction, by clicking the Manage Transactions drop-down arrow at the bottom of the window and selecting the transaction type. (Slide 4)
So I must say that I really like this new feature; it displays a clean overview of money-in transactions, provides for easy 'actions' on an individual or batch basis related to those transactions, and contains enough similarities to what Intuit is doing in their online products so as to make it easier for users working in both environments, or migrating between products, to have less confusion.
I wrote this article based upon pre-release versions of the QuickBooks 2014 products, so it is possible that some aspects of this feature might be slightly different, or updated by the time QuickBooks 2014 is actually released. Over the next few weeks Intuitive Accountant will be reviewing more of the new features, functions and enhancements in the various versions of QuickBooks-2014.