Tech News: QuickBooks rolls out new features

Intuit's QuickBooks added a new offering for QuickBooks Payments customers and updates to its Instant Deposit feature. Payments Dispute Protection brings customers dispute protection so chargebacks are automatically forgiven, with no action required. PDP will let customers receive chargeback protection of up to $25,000 per year and $10,000 per transaction, with no need to submit paperwork or evidence. The new instant deposit features, meanwhile, are available for all payments and checking customers. Instead of providing debit card information each time they need immediate access to their cash, businesses can enter their bank account details just once and the cash (up to $25,000 per day) is deposited instantly. There is no long-term commitment and deposits are available 24/7, even on holidays and weekends.

Big Four firm KPMG teamed up with tech giant Microsoft to work with quantum computing research firm Quantinuum on a project to help make it easier for engineers and developers to use quantum computers by translating high-level coding languages and tools into quantum circuits. The project involved the Q# programming language, which has been designed for the specific needs of quantum computing, and allows for the blending of quantum and classical computing operations. KPMG's quantum team wanted to translate an existing algorithm into Q#. The firm accessed the H1-1 QPU with 20 fully connected qubits. H1-1 recently achieved a Quantum Volume of 32,768, demonstrating a new high-water mark for the industry in terms of computation power as measured by quantum volume. The KPMG team then wrote a tutorial about the project to demonstrate how an algorithm writer would use the KPMG code step-by-step as well as the particular features of QIR, Q# and the H-Series. It is the first time that code from a third party will be available for end users on Microsoft's Azure portal.

Grizzly Labs, the company behind document scanner app Genius Scan, announced the release of a new expense reporting feature aimed at small businesses. With the new expense reporting feature, users will be able to not only export copies of receipts, but also automatically generate expense reports associated with them containing details like date, merchant, category, etc. The report can be formatted as either a PDF or an Excel spreadsheet. It also allows for customizing categories available for expenses, as they can rename automatic default categories or create  additional customer categories that match their own business practices.