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Intuit debuts new QuickBooks

The upgraded edition of its small-business accounting software, due out in the fall, will offer faster performance, expanded features.

Intuit has detailed features of QuickBooks 2006, the latest version of its small-business accounting software, which is scheduled to land on retailers' shelves sometime this fall. Along with faster overall performance, the package boasts expanded account and contact management features, in addition to new inventory-tracking controls. Pricing for the application has yet to be announced.

Among the specific upgrades promised in the QuickBooks update are new tools for organizing business data, including a single point of access for viewing and calculating customer, vendor and employee information. The software previously required users to look at such data in separate screens. QuickBooks 2006 also offers a new homepage feature designed to allow businesses to link and automate various business activities including management of invoicing, timesheets and bill payment. The inventory tools promise preset forms for businesses such as manufacturers, distributors and wholesalers.