Intuit announced a host of new upgrades and capacities in Intuit Enterprise Suite and QuickBooks Online Advanced made specifically for mid-market entities.
Chief among them is the availability of Intuit Intelligence —
"Finance teams need AI they can stand behind when asked how a number was reached," said Ashley Still, executive vice president and general manager for small business and mid-market companies at Intuit, in a statement. "That's true whether you're a high-performing business on QuickBooks Online Advanced or a complex, multi-entity organization on Intuit Enterprise Suite. Our latest innovations give finance leaders the industry-specific depth and instant insights they've been asking for, built into the way they already work."
Intuit also noted that the feature has accounting practice management implications as well: Firms are already using it to deploy agents on the platform to close their books faster, customized to how each firm actually serves its clients.
Intuit Enterprise Suite changes
Intuit Enterprise Suite has added multi-entity accounting capabilities, currently in beta, that extend AI into the intercompany close. Recurring templates and intercompany account mappings handle the repeatable work, while an AI model trained on a customer's historical entries drafts the rest for review and approval. The close runs in the background rather than as a month-end sprint. Also in beta is a feature allowing for multi-currency support that runs on one permissioned rate table. The system logs every change, applies rates automatically, and uses a consistent calculation engine for all core reports. It calculates realized and unrealized gains and losses in line with ASC 830 and IAS 21, and users can drill to the transaction level in any currency.
Intuit Enterprise suite also now allows Dimensions to be applied at the transaction header level, reparented as reporting structures change, and used on billable expenses, time and recurring payments. Multilevel pivot reporting lets finance teams hold several dimensional cuts in view simultaneously. In addition, lossless migration from QuickBooks Desktop now carries over inventory costing, units of measure, prepayments and years of report templates. An agentic readiness check validates the data before go-live.
QuickBooks Online Advanced changes
Meanwhile, QBOA now folds bill pay, payments, business intelligence and AI-driven bookkeeping directly into the core subscription.
Users now have access to Books Upkeep, a new AI-powered service that runs continuously throughout the month, keeping books current by resolving high-confidence transactions automatically under rules the customer sets and surfaces only the exceptions that need a human decision, with every automated action labeled. Users will also be able to access Bill Pay Elite, an accounts payable hub with unlimited free ACH and 1099 e-filing.
QBOA will include new business intelligence and reporting solutions. Redesigned KPI scorecards track revenue, margin and cash with class filtering and drill-down detail views, updating automatically as the books change and feeding directly into dashboards, management reports and AI insights across the platform. Conversational forecasting lets finance teams query variances, run scenarios and generate board-ready commentary in plain language.
Intuit has released new industry-specific workflows, reports and KPIs. Construction industry users will be able to access real-time project profitability tracking and AI-generated estimates that catch budget overruns before they erase margin, as well as project list enhancements to support managing hundreds of active jobs. New dimension filtering on project reports enables more granular insights, and project-level user permissions allow scoping each project manager's data visibility to the jobs they own.
Currently in beta, manufacturing and industry features will include units of measure and multilevel bill of materials, helping manufacturers who are using Intuit Enterprise Suite buy, stock and sell an item in different units and build products from nested assemblies. Also in beta are nonprofit-specific features that extend dimensional reporting beyond the income statement to assets, liabilities and net assets, giving finance teams visibility into the financial position of programs, grants and funds.
The new capabilities are rolling out to U.S.-based Intuit Enterprise Suite and QuickBooks Online Advanced customers, with broader availability varying by product, subscription tier and geography.
