Intuit has issued Release 8 for QuickBooks 2017 and Release 13 for QuickBooks 2016 Desktop Products (Pro, Premier, Enterprise and Accountant). The updates are available now for 'manual download' from the Downloads and Updates website. They should start getting pushed out to 'auto update' users over the next few days into next week.
QuickBooks 2017 Release 8
The following changes, improvements, and fixes were made to QuickBooks Desktop Pro 2017, QuickBooks Desktop Premier 2017 and QuickBooks Desktop Enterprise 17.0. Later releases (ones with higher numbers) include all changes in earlier releases.
1099
Update to latest 1099 Compliance changes from IRS for Tax Filing. Support for a new functionality in the 1099-Misc forms printing wizard in the Vendor Center to enter State tax withheld and Payer's State ID with verification only for two states (WI and NJ). In an upcoming release, these form elements will also be written into the company file to retain for later use.
Centers
Fixed an issue that would cause QuickBooks to crash when opening the Inventory Center.
Export
Fixed an issue with exporting of Transaction Detail report when adding Ship To columns. Also fixed a crash while exporting a report to an existing excel sheet which is in use.
Invoices
Fixed an issue while saving an invoice after copy pasting any billable items.
Keyboard Shortcuts
Fixed an issue with the shortcut for copy and paste a line
Online Banking
Starting December 19, 2017, Capital One Bank discontinued 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. Instructions to switch from Direct Connect to Express Web Connect are available here.
Payments
Fixed an issue with QuickBooks crashing when a user upgrades a company file, processes a credit card and E-Check transactions, then closes company File.
User Interface
Corrected the KB article link displayed on Balance Sheet Out of Balance warning dialog.
QuickBooks 2016 Release 13
The following changes, improvements, and fixes were made to QuickBooks Desktop Pro 2016, QuickBooks Desktop Premier 2016 and QuickBooks Desktop Enterprise 16.0. Later releases (ones with higher numbers) include all changes in earlier releases.
1099
Update to latest 1099 Compliance changes from IRS for Tax Filing. Support for a new functionality in the 1099-Misc forms printing wizard in the Vendor Center to enter State tax withheld and Payer's State ID with verification only for two states (WI and NJ). In an upcoming release, these form elements will also be written into the company file to retain for later use.
Fixed an issue causing Batch Invoices to be marked as sent but haven't been sent.
Online Banking
Starting December 19, 2017, Capital One Bank discontinued 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. Instructions to switch from Direct Connect to Express Web Connect are available here.
User Interface
Fixed messaging for Cash Basis and Lag/Temp Balance Sheet Errors and pointing to right KB article.
Utilities
Fixed an issue causing verify/rebuild to fail.
Should You or Shouldn't You
I always caution QuickBooks users to wait a bit to see if there are any major problems reported with updates of this type. On the other hand if you are a Capital One Bank user you may need to proceed with this update in order to regain support for on-line banking.
If you need to get 1099's out right after January 1, then you may also want to install the updates at that time, but that still gives you a little more than a week to hear about any problems that may arise out of these updates.