Account Management
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We are a small Canadian company currently using QuickBooks Desktop POS 18.0 Pro Level for selling our products and services. We manually enter all sales information into invoices in our accounting program (not QuickBooks). We would like to get a Canadian version QuickBooks accounting program which the POS 18.0 will fully integrate into. What is available to us?
How do I add new accounts and alter the name of existing accounts along with numbering them?
I have a very simple Bare Land Strata Corp with 15 lots to set up. We have a May 31 FYE. Our owners generally pay their strata fees in January for the calendar year. I want to show the income on I & E statement broken down by FYE that they are paying for. Suggestion on how to handle this? Under Chart of Accounts should I create an account eg. Strata Fees:2019 FYE:Lot 01 then another for Lot 02 etc. Then another account for Strata Fees:2020 FYE:Lot 01 etc then create a new account each an every year? How to Item Lists come into play? I am confused. Any suggestions would be appreciated.
Hello, Does anyone know if it's possible to setup a MFA (Multi-Factor Authentication) for Quickbooks desktop? Thanks,Ash
Hi experts,We are a non for profit organization, which provides multiple services based on funds received. One fund can be for multiple programs which all expenses should be tracked in each program.My question is: how to set up chart of accounts properly to reflect costs in each program and each fund envelope?Really appreciate for your answers.Eric
Hello, I am setting up a new Quickbooks Online Plus account for a fitness company that i just purchased. The business has four separate locations that operate under the same legal entity. I know that QBO is able to track by location and classes. I am trying to understand if it possible to split an expense by each location. Examples of what I'm trying to do:An admin expense for Office Supplies split evenly between the four locations An instructor expense that teaches at different locations during the monthI have been told I cannot split an expense by Location and should instead use Classes.I was hoping to use 'Classes' to differentiate between different types of revenue sources eg. Revenue from Retail, Revenue from Group sessions etc. I also have instructors that go out and do private sessions - and want to be able to allocate the revenue (and expense) by each location depending on which location the student is registered to. Again I am told tha