What’s New in QuickBooks Desktop 2023?

The following features are available to all 2023 QuickBooks Desktop Pro and Premier Plus, Enterprise (v 23) and Accountant users within the US as of this writing.

Cash Flow Hub

With the new Cash Flow Hub, user can:

  • Review account balances
  • Add accounts to the monitored list of accounts
  • Examine cash balance trends
  • Track cash performance over a specified time period
  • Manage overdue payments and bills
  • Examine reports related to any cash flow details


Track Vehicle Mileage

This is not new to QuickBooks users, but there is now an iOS app available from the Apple Store.

It allows you to Start a trip, then End the trip, and the mileage is calculated by the app.

Track Vehicle Mileage is available to all 2023 Desktop Plus, Enterprise and Accountant users within the US as of the initial 2023 product (R1) release. It can be accessed from the Company menu.


Report Optimization Enhancements

This is a background operations change designed to allow faster report compiling, especially for companies whose files are 300 MB or larger.




Improved Banking Connectivity

Online Banking has been designed to be more stable, and offer connections to banks that had previously only allowed an external download.


Enhanced Payment Links

While QuickBooks Desktop users still can create and send a payment link and accept payments or deposits, they now can do so without needing any form/invoice (or other transactional forms) because you can directly link those payments/deposits to your customer.


New Node Card Reader

There is a new card reader supported for QuickBooks Desktop. A new reader lets you take contactless cards, Apple Pay, Google Pay and multiple other forms of payment in person from your customers for your services.




Enterprise and Accountant User Features for 2023


Inventory Item Categories

Until now, users of QuickBooks Desktop have had only a limited number of ways of defining inventory items:

  • Item Name/Number
  • Purchase Description
  • Sales Description
  • Manufacturer’s Part Number

Now, individual product categories can be created to help improve tracking.


Expiration Dates

Expiration dates can now be assigned to items that use serial and lot tracking.

This new feature will be available to Platinum, Diamond and Accountant QuickBooks Enterprise 2023 levels.




Intercompany Transactions

New for Enterprise Platinum and Diamond subscribers, along with Enterprise Accountant users in the US, will be able to create relationships between multiple QuickBooks Company files, post intercompany transactions (bills/checks) with the related companies and keep track of all intercompany transactions.


QuickBooks Desktop 2023 Payroll-related Features


Equifax Employment/Income Verification

QuickBooks Desktop has partnered with Equifax to automate the verification of employment and income information requests for active Desktop Payroll subscribers.


HCM with Guidelines 401(k)

QuickBooks partnered with Guideline to offer affordable, fully integrated 401(k) plans in QuickBooks Desktop when users have a QuickBooks Desktop Assisted Payroll subscription.

Your business can now setup 401(k) plans to offer to the employees.