The company says Ledger will be available first in the United States and soon after that in Canada, the United Kingdom, and Australia. However, Intuit did not state the actual introduction schedule in its press release.
Ledger offers automated bank feeds, bank reconciliation, financial statements, 1099 tracking and a transition to tax preparation.
The company detailed enhancements to QBOA, including new advanced roles and permissions. In addition, Chart of Accounts templates are available. Accountants can build from scratch or customize included product-based or service-based business charts of accounts.