Almost every year, the list of new features in the annual release of QuickBooks is impressive. This year is no exception. Here is a look at some of the ways QuickBooks 2015 allows you to have more control over your data.
Preference to disallow negative inventory quantities (FINALLY!!!)
This is relevant for any and all companies that track inventory – wholesale, distribution, manufacturing, retail, and even construction. Now you can set a preference to disallow inventory items from being oversold or going negative. With the preference enabled, users cannot save an Invoice or Sales Receipt if it is going to cause inventory to go negative. This prevents the erroneous average cost calculations that occur when inventory goes negative – not to mention the eventual data corruption issues caused by continuous use of negative inventory. In essence, it helps maintain control and integrity of average costs.
Disallow selling to customer who are overdue on payments
You can now prevent selling to customers who have overdue invoices. Previous versions would give a warning; now, QuickBooks prevents the saving of the transaction altogether if a customer has an overdue balance.
Preferences to control mistakes with data
Help avoid mistakes by hiding fields that cause confusion (and bad accounting!). You can now set a preference to hide the Opening Balance amount when creating Customers, Vendors, Items, etc. This avoids the issue created when users enter both an Opening Balance and a transaction for the same entity.
