Next week on QBTalks, Murph's guest from Intuit will take us through the steps for using the new Intuit Accountant Suite 'Books Close' feature.
Have you been asking yourself, "what's the big difference between QuickBooks Online-Accountant and this new Intuit Accountant Suite ?"
Maybe you've been wondering if you should "go ahead and transition to the new Intuit Accountant Suite from your existing QuickBooks Online-Accountant subscription?"
Or perhaps you've questioned in the back of your mind if "some of the premium features Intuit Accountant Suite will offer you are worth paying extra for over a free subscription?"
Well, if one or more of these questions has"your thinking cap working overtime", then we believe you may find your answers solely by exploring the new Books Close feature. And, there is no better way to undertake that exploration than joining Insightful Accountant on December 17 at 2:00 PM (Eastern) for QBTalks.
Anusha Natarajan, the principal product manager who has been working on the Intuit Accountant Suite (IAS) Books Close feature will join Murph to discuss and demonstrate the major aspects of this exciting new functionality including how to opt into and add Books Close to IAS (which is currently in Beta and being offered to IAS users at no additional cost). She will also show you how to assign your team members for Books Close functions, how you can create custom templates to standardize the Books Close workflow to your firm and how to on-board your clients for Books Close.
As part of the on-boarding process, Books Close users will be able to select the specific 'close template' they would like to apply to each Client. Users can create as many different 'close templates' as you feel are appropriate for your firm. When selecting a template,IAS will copy all of the customizations made in that template to the client to serve as the close workflow for that client. Team members assigned to a specific client's close will have access to the assigned workflow to follow in providing close activities.
Anusha will also provide us with an overview of how Books Close works. One of the major differences between the way you ‘closed clients’ within QBO-Accountant and how this new Books Close feature in IAS is that ‘all of the clients’ you onboard to Books Close will appear on the Dashboard, from there you can take the appropriate steps based on the 'close workflow templates' on any client’s QBO data without having to open and close each client QuickBooks file independently. This major difference is one of the key factors in streamlining the close process. (CPE Hint: You will probably see this difference as one of the options for the CPE Polling Question related to Learning Objective # 1.)
The columns of the Books Close Dashboard (as shown above) display key information for each on-boarded client including, Client, Period, Due date, Assignee, Status, Tasks done and Action (to be taken). Data related to the close process is auto-updated across each client’s QuickBooks file and ‘tracked’ to keep you informed regarding the status of each client’s close.
After users have on-boarded a new close client, or began an additional close (covering a new close period) for a client, they can choose to open the File Review 'close workflow' for the selected client and period. Upon initiating file review, userscan begin with the Pre-close tasks which are a standard list of activities typically performed as part of a period-end close process. Users can adjust these tasks (as shown in the red box within the screen image below) to fit your firm's processes, or your client's needs.
We are really just getting started with the discussion and demonstration topics that Anusha will lead us through at our upcoming webinar. If you would like more details about the Books Close feature between now and our December 17, 2025, 2:00 PM (Eastern) QBTalks, just stay tuned to Insightful Accountant for our next QBTalks preview article (in about 5 days). During that preview we will get a glimpse of the following features within Intuit Accountant Suite: Books Close: Account Reconciliation, Transaction(s) Review, Send Financials, and the various related functionalities associated with each of those features. (CPE Hint: You will probably see some of these features appear as options for the CPE Polling Question related to Learning Objective # 2.)
About this Webinar’s CPE and CPE Learning Objectives
To ensure this webinar qualifies for CPE credit, it must have meaningful learning objectives. Upon completion of this one-hour webinar, participants should be able to:
- Identify differences between the new Books Close (Beta) offering available to Intuit Accountant Suite users and the Books Review feature within QuickBooks Online-Accountant (or IAS Core).
- List various functionalities available within the new Books Close offering available to Intuit Accountant Suite users.
- Select, from a list of review areas, transactional review areas that the new Books Close offering within Intuit Accountant Suite will be able to identify.
See the 'CPE Hints' listed in the above (and future) content for information that may assist you with completing the CPE Polling Questions for the webinar.
About Our Sponsor
Our sponsor for December is Fishbowl, recognized as the #1 Inventory and Manufacturing platform for QuickBooks. Kendrick Hair and Cara Tomich from Fishbowl will be giving QBTalks attendees an exclusive look at Fishbowl Cloud Manufacturing, the company’s newest AI-driven solution built to simplify production, connect workflows, and unlock predictive insights. They w ill also be highlighting how Fishbowl's 'Partner Program' acts as an extension of ProAdvisor's inventory and operational expertise and ways Fishbowl can make it easier to identify clients who can benefit from the AI-driven enhancements that Fishbowl is making to support inventory management for QuickBooks users.
How to Register for the Webinar
QBTalks is being held on December 17, 2025, at 2:00 PM (Eastern). If you are already registered for QBTalks, you will receive your Zoom notifications automatically with further event details. If you are NOT already registered:
Topics from this blog: Fishbowl Intuit Accountant Suite Year-end "Books Close"