Absolute Business Solutions, Inc.

If the books don't compute....Call Absolute!    847-781-0000
A Certified QuickBooks ProAdvisorsm

July 2006




This newsletter is intended to educate QuickBooks users.  An archive of newsletters is at www.absolutebusinesssolutions.us.

QuickBooks R7

Password Recovery

Sunset Rule

Mid-Year Review

Business Resources


QuickBooks 2006 Release 7 (R7) for Windows - All Editions

This release applies to all Windows versions of QuickBooks 2006.  R7 is available for manual download, with the Auto Update available in July.   A limited number of internal test cases encountered an error "Unable to Apply Patch", sometimes with the error codes 1612 or 1603.  Intuit's Knowledge Base has an article at www.quickbooks.com/support/faqs/qb2006/5b7ebb61.html to resolve the problem.  R7 includes all updates thus far on 2006 software.  There are a large number of error corrections in R7.  In this article are some of the  highlights I found important.  

The Rebuild now repairs damage to broken links in company files that are missing a sibling record. 

QuickBooks now launches the Windows XP CD burning Wizard when backing up the company data to a CD. 

In lists, QuickBooks no longer exits unexpectedly when adding a new name to company files with specific data damage, and also incorporates a code that fixes this specific data damage.

QuickBooks will no longer close with the error code 16384 27882 when recording register transactions, when prompted to "save transaction" before closing a company file.

QuickBooks now sorts Reconciliation Detail reports by date.

These are only a few of the corrections.  See a full list at http://www.quickbooks.com/support/faqs/docs/w_15r7notes.html.

Password Recovery 

Password Recovery for QuickBooks 2003, 2004, & 2005 versions.  $50.00 recovery fee.  Files can be sent for password recovery via email or internet transfer utility.  Call 847-781-0000 for more details.

Sunset Rule 

Intuit supports three versions of software the current version and two prior versions, which brings me to the 2003 QuickBooks Users.  As of April 30, 2006, Intuit no longer supports payroll services, credit card processing and other services related to 2003 and prior versions.  Upgrades are fairly painless, and run about $170.00 for Pro 2006 software.  Please contact me to take advantage of my ProAdvisor discount on the software.  I will continue to train users on QuickBooks 2003 and older.

Mid-Year Financial Review

July is a good time to have your financial statements reviewed by a CPA to see how you are doing mid-year.  You may need to take action for tax planning.  It also gives you the opportunity to get your books up to date which will put you in a better position for year end.  I can help with the bookkeeping in QuickBooks.  For accounting services please call Folisi, Samz, and Co. at 847-843-8770 for assistance. 

For more information on QuickBooks software, training, configuration and support, call Cheryl Wehofer at Absolute Business Solutions, Inc. in Hoffman Estates, IL, 847-781-0000.



Folisi, Samz & Company
1251 N Plum Grove Rd, #120
Schaumburg, IL 60173
John Lackinger, CPA

Computer & Network Solutions

Excalibur Technology Corp.
28144 W Industrial Ave.
Barrington, IL 60010
Jamie O'Connor

Banking & Commercial Lending

LaSalle Bank ABN AMRO
800 E. Higgins Rd.
Schaumburg, IL 60173
Maria Alvarado, VP

Credit Card Processing

Prairie State Payment Systems QuickBooks Merchant Services
1600 Golf Rd, Ste 1200
Rolling Meadows, IL 60008
Al Bender

All listings come with a personal recommendation from Absolute Business Solutions, Inc.


 Web Site: www.ABSasap.com 

phone: 847-781-0000

Absolute Business Solutions, Incorporated . P. O. Box 957406 . Hoffman Estates, IL 60195-7406

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