Banking
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Hello, The director of our company uses his personal credit card solely for business expenses as it has a greater credit limit than anything the business has. The card is linked as a direct feed so expenses are recorded and categorised, with VAT claimed back on them. My question lies with how to record the transfers out to the director. As it his a card in his name, he pays the card off from his personal account, but the business transfers this amount over. Director's remuneration shows as an additional expense so surely that can't be correct. Do I need to create an account as director's loan perhaps? Thank you!!
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Please can somebody help me. I seem to have created a monster issue!!! I need to undo a number of months bank reconcilation that had previously been done but was then corrected and created too many discrepancies for my client to sort. I followed instructions to undo month by month and did so back to the month where there were no errors. However, I am not sure what has happened, as I now have a massive beginning balance discrepancy and am still unable to reconcile. Looking at the error report, it is actually showing errors for entries that have been made after the month that I am now trying to reconcile. i.e. May statement - errors on error report are showing for May - Aug.I desperately need help in trying to sort this. If anybody has any solutions please.Many thanks
I need to update my billing information payment options with my new bank card and it wont let me it says this We couldn't process your payment. Make sure your billing info is up to date. If the issue persists, please contact support and reference this message. (Error code:-81624) I've contacted support and had no joy at all i couldnt even get a response on live chat. please help me
How do I change my bank details?
Hi there,I'm not sure if it's only for me or someone else is experiencing this as well.In past then I was doing banking suggestion were so good. They used to remember things I do monthly and I had not think about many of them.Now for some time, that got completely messed up. It forgot my daily stuff and started offering things out of the blue. And on top of this they for expenses, now it suggest income options. Is there any way to stop this from happening without creating rules for everything? Or I just have to live with lost feature :(
I will finish my paper accounts in into August so good do I reset my dates in QB
payment made for 3 seperate jobs
Some expenses are there but loads are missing
I have opened a new account/subscription for a client.The client has received an email telling him that the account has been opened.The client has followed the link in that email and set up a password but when he tries to sign into the account he gets the message that there is no account registered to his email address!This does not make sense (to me, at least) as he received an email telling him that the account had been opened.Any ideas?Many Thanks
I have reconciled our bank account pretty much up to date and my quickbooks balance is wildly different to the actula acount balance in the bank. I conclude that when the bank feed was connected we didn't start withthe correct balance. My question is: can I journal the incorrect amount out of the account so the QB balance and the bank balance match and are correct ? If so where to I journal my rogue figure to? Help!
When I come to categorise my bank transactions, what do I put my own wages under? I am a sole trader, not limited and there is only me being paid each week. The list of categories does not seem to list any drawings or wages
For some reason, every time I connect a bank account to bank feeds it imports transactions for the entire year. I set it up to only bring transactions over from a specific date (for example, July 1 2022), but it imports transactions for the full year. How do I correct this? Even if I go back and delete the extra transactions, they are re-imported the next time it syncs. Any input would be appreciated.
Hi, I don't know if I am the only one that has had this issue but ...... in reconciling a clients bank account, I have discovered that they have matched two Quickbooks transactions (identical receipts for two different invoices) to one single bank transaction - this is an error and the bank rec has confirmed this (although it took me ages to find). Whilst I can see that there are legitimate reasons why multiple QBO entries may on occasion need to be matched to a single bank entry, you'd think there would be a way in which QBO could report back (when it happens) that the total of the matched transactions is more than the bank transaction itself and either flag this up as a potential error or otherwise something that should be noted in a bank rec (in this case the QBO matched transactions had twice the value of the bank transaction). Can anyone out there please offer any solutions to either finding these sorts of things easily and/or fixing them ?
I'm considering using the self employed app, trying the free trial version at the moment.Love the mileage tracker and receipt snapper.However none of my 4 clients want me to send them invoices, so as it seemed you needed to email an invoice for it to be recognised, I sent them to my own email address and manually marked them as paid.However no income is showing up on the Dashboard, just my expenses.Does my bank account HAVE to be connected for the app to work properly?Thanks.
