QuickBooks Accountant Desktop 2016 Release R5P
Updating to the latest release (for instances R3P to R5P) mostly requires few minor changes to the database and may not need updating of the company files. While the upgrade process requires company file update and other major changes.
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Here is how you can get the latest QuickBooks Desktop release:
- Open to QuickBooks Desktop and then press the Ctrl+1 keys (or F2 key) on the keyboard.
- When the Product Information window opens, check and note down the current version & release.
- Next, look for the newest release version available for the product.
Set up and update bank account
Once you have updated/upgraded your QuickBooks Desktop product with the latest version, you may be required to update and re-setup your bank account. Follow the given steps below to do so:
Set up the new bank account in the Chart of Accounts of QuickBooks Desktop:
- Click on Lists > Chart of Accounts.
- Click on Accounts button > New.
- Click on Bank and choose Continue.
- Now, enter the detail of the bank account.
- Click on SAVE then select Close to save the changes.
Update bank account credential in the Account Maintenance page
- Select Employees and click on My Payroll Service > Accounts or Billing Information.
- Now, sign in using the Account login detail.
- When the Direct Deposit section open, click on the Bank Account details.
- Choose OK when a message is displayed.
- Enter the payroll PIN, after which click on Submit.
- Now, enter the details of the new bank account. Then click on Submit.
- The confirmation process will take a few seconds. Click on Continue when it finishes.
- Now, click on the bank account in which you want the QuickBooks Desktop transaction to be posted.
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Update account in which the direct deposit paychecks & fees will be posted (optional)
- Lick on Employees > Send Payroll Data.
- On Send or Receive Data window click on Preferences.
- In Account Preferences drop-down the list and click on the new bank account.
- Click on OK in order to save the changes.
- Click on Close.
Get Support from Experts
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