QuickBooks Contractor 2020

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Intuits introduced QuickBooks Contractor 2020 to ease the complex processing for the contractor. It comes with many features beneficial for the construction business like Basic progressing invoices, Checks/expenses, job cost tracking, and more. The below write-up is rounded up with the relevant information regarding the enhancements of QuickBooks contractor 2020.

The QuickBooks contractor version is best for constructional professionals to enhance productivity. It improves the quality of accounting information by managing massive accounting calculations. The contractor license comes in three editions Gold, Silver, and platinum. You can easily link up to 30 users. Buy the User license of QuickBooks Constructor 2020 to get the optimized features. It includes contractors’ specific accounting options like inventory, Advanced Pricing, Advanced Reporting, inventory, etc.

Need of QuickBooks Contractor:

It has been analyzed that business-specific accounting software is more beneficial. Fortunately, QuickBooks provides a QuickBooks contractor version to cover the general needs of contractors. It allows you to work more smartly in handling accounting tasks. It, in turn, results in grabbing more opportunities to become more productive. Contractor 2020 helps in many ways. Some of them are below:

  • It permits to keep the employee on the same page to simplify the task of scheduling, information management, and modifying the orders.
  • It allows predictable job costing estimates for directing the project cost. You can easily monitor the bottom line and helps to take a clear picture of the project estimate.
  • Ease of creating unlimited checks, payroll taxes, and other beneficial features for payroll tax payments management.
  • It empowers connecting QuickBooks with Salesforce CRM to lessen errors and manual data entry. 
  • It provides the best-optimized features to serve the clients in a better way 
  • It is simple to use and does not require the expertise to execute the software smoothly.

Core features of QuickBooks Contractor:

Improved Job Costing:

You can save time and enhance efficiency with the availability to monitor the job profitability, estimates, profit and loss, and job cost details via a single screen job.

Data level Permissions:

With the ease of scale up to 40 users, you can assign each of thempartcular user permission. You can assign custom work and content to the employees according to the need. Moreover, you can set barriers for the employees to view or edit any document.

Enhanced Estimates:

You can change the estimates into invoices, billing by service items, percent complete, or percent complete. Meanwhile, you can monitor the estimates.

Update/Updgrade QuickBooks Contractor 2020 to 2021:

QuickBooks’ best part is you can easily upgrade or update the QuickBooks contractor 2020 to 2021 or any available latest version. You need to follow the minimum requirements to start with the upgrade process of the company file. Don’t forget to take a backup before the update or upgrade process.

Below-mentioned is the list of steps to update the QuickBooks Contractor:

  • Initially, download the available updates.
  • After completing the downloading process, hit on Window button on the keyboard.
  • Write QuickBooks Contractor and give a right-click on it
  • Once done, click on the option named Run as an Administrator mode.
  • After this, search the Help option within the No company button.
  • Hit on Mark All displays on the Option button
  • Choose the save option to start with the proceeding step.
  • Hit on the Update Now button
  • Click on the Checkbox, which says Reset update.
  • Now select Get Updates.
  • Close the window and then try to run QuickBooks Contractor
  • Hit on the Yes option to proceed with the installation process
  • Follow the appeared instructions in the prompt.
  • Now restart the system.

Last words:

Here the article about QuickBooks Contractor 2020 completes! Hopefully, the above information is enough to understand the features of QuickBooks Contractor. What to think? Now you know the time-saving features of QuickBooks contractor 2020. Proceed with the downloading process. It assists you in handling the supersized data file with ease and also enhancing the cash flows. To explore more, you can use a live chat option or send an email with queries to get assistance.