Editor's Note: Intuit has just released QuickBooks Desktop 2024, including QuickBooks Enterprise (v24.0). Murph has evaluated pre-release versions of these products for months and spent hours communicating with Intuit personnel so we can help you learn about the new products. This is one in a series of individual product articles intended to provide additional content to what's included in Murph's QuickBooks 2024 Product Summary.
About QuickBooks 2024 'Customer Prepayments/Deposits'
The new Prepayments (Customer Deposits) feature is the most significant of the new ones in QuickBooks Desktop 2024. No matter what your business calls these transactions—"Customer Retainers," "Project Prepayments" or "Sales Deposits"—this long-needed feature is what we've been waiting for.
Before this, QuickBooks Desktop users had only two choices...