QuickBooks Desktop Enterprise 2024 R16: Profit Visibility Made Simple

Learn how invoice-level profitability reports and email defaults can save time,
reduce errors, and protect your margins.

🔥 Your Burning Questions Answered

How will this help my business make more money?

Is it complicated to learn and implement?

Will this actually save time day to day?

What’s the real business impact?

Keep reading—we answer each one below. ↓

Key Takeaways

• R16 introduces invoice-level profitability reports and default customer contacts by email type.
• Track margins more clearly, reduce email errors, and speed up everyday workflows.
• With Automatic Updates enabled, you’ll receive R16 at no extra cost as part of your subscription.

What’s New in QuickBooks Desktop Enterprise 2024 R16

QuickBooks Desktop Enterprise 2024 (v24.0) continues to add productivity enhancements. The September R16 release focuses on profit visibility and faster, more accurate customer communications.

1

Invoice-Level Profitability Reporting

Previously you had to customize transaction reports to see profit per invoice. With R16, it’s built in.

• View gross profit, margin %, and markup % by customer or per invoice.
• Quickly surface your most—and least—profitable transactions.
• Create company-wide profit snapshots without complex filters.

Impact: Clear, consistent profit insight—useful for pricing, promotions, and purchasing decisions.

2

Default Customer Contacts for Emails

Emailing invoices, sales forms, and statements is faster and more accurate.

• Set default recipients by transaction type (invoice, sales receipt, payment, etc.).
• QuickBooks auto-fills the correct contact every time.
• Helps reduce billing errors and gets documents to the right AP/AR person.

Impact: Fewer email mistakes, fewer disputes, and smoother cash-flow cycles.

Why These Enhancements Matter

⏱️

Save Time

Defaults and pre-populated contacts trim repetitive steps.

📊

Better Decisions

Profitability reports reveal where you earn—and where you don’t.

✅

Fewer Errors

Right document → right contact → fewer headaches.

🚀

Productivity

Spend less time configuring, more time running the business.

Is R16 Easy to Learn and Implement?

Yes. Both features fit directly into existing workflows:

• The invoice profitability report runs like any standard QuickBooks report.
• Default email contacts are set once per customer and then applied automatically.
• Most teams adopt these features with minimal or no additional training.

Enable Automatic Updates via Help → Update QuickBooks Desktop → Options to receive R16 as part of your subscription.

93%

The number of QuickBooks Enterprise users surveyed who say the platform improves cost visibility and margins.

Beyond R16: Why QuickBooks Enterprise Still Leads

• Advanced inventory (e.g., expiration dates, lot numbers, turnover metrics).
• Landed cost calculator for smarter pricing.
• Consolidated reporting across multiple entities.
• Scales up to 40 users and 1M+ vendors/customers/items.

Want to see everything QuickBooks Desktop Enterprise can do? Check out our full QuickBooks Enterprise resource page for features, pricing, and details.

Need for Upgrade

If you’re on 23.0, updating to 24.0 is included with your subscription. You’ll get the latest tools, security updates, and support—plus access to R16 when enabled.

Peak Advisers is Here to Help

Our team will configure Enterprise R16 so you can start using invoice profitability reports and email defaults right away.

We’ll tailor the setup to your business and show you how to get maximum value from day one.

Book a Free Consultation

30-minute call • Practical recommendations • Actionable next steps

Additional Resources

Want to explore everything QuickBooks Desktop Enterprise can do for your business?

Visit our QuickBooks Enterprise page →

Frequently Asked Questions About R16

What’s the biggest business benefit of R16?

Invoice-level profitability reports make margin visibility simple at both the invoice and customer level.

Do I pay extra for R16?

No. R16 is included with an active QuickBooks Desktop Enterprise subscription.

Will this disrupt our current processes?

No. Both features fit existing QuickBooks workflows; most teams adopt them quickly.

How do I make sure I get R16?

Enable Automatic Updates under Help → Update QuickBooks Desktop → Options. If you’re on 23.0, update to 24.0 first.

Can Peak Advisers help us configure this?

Yes—setup, report tuning, and brief team coaching so you see value right away.