Banking
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I recently reconciled all of my accounts but for two of them (USD & PLN) I had to use contra account in GBP due to the moeny movement between multlicurencies. As the GBP rate vs usd and pln was different then the one I had in bank at the time of the transactions I was typing in my own rate copied from bank at the time. The accounts were reconclied positively, everything was correct. But now when I run balance sheet report I see different ending banalce then the one that was reconciled. For example I have USD 00.00 on 31/07/21 in banking dashboard and reconciliation report but in balance sheet it shows -13.92 on 31/07/21. I saw that in balance sheet the gbp rates are different then the ones I had in bank transfers which were reconciled. Can you help with solving this?
I have my main curency in QB as GBP because I own UK brand. However I use GBP, PLN, EUR and USD accounts too. When I get sell form US it goes to USD account. As I have production in Poland I send money from USD to PLN acount and I want to add this transaction as transfer of money but QB says I can't have two multi currencies in transfers. How is it possible to run accounts here then if I can't record moving of money between accounts different then GBP. Do you know of any solutions?
Hi, Can someone please help. I recently bought some equipment. So I set it up as a tangible asset in the chart of accounts and put in the net cost (595). I also bought another piece of equipment at the same time and repeated this process. I paid for both these items together so there is one transaction to reconcile in the banking.How do I show that 595 was paid off of the equipment to take the asset account to nil? I have tried creating an expense and allocating it to that asset account but it doubles the asset value to 1090 instead of reducing it to nil.What am I doing wrong? Thanks
Is there a way to pull through today's banking transaction rather than having to wait until the next working day to see them in Quickbooks? Thanks
I cant reconcile as l have a difference - how do l find that particular error?
Hi, I have had a customer pay for an invoice by bank transfer (linked to my Quickbooks) and also Stripe (not linked) as Stripe take a fee this means the total amount is out and won't match the invoice. Is there anyway to fix this?
updating icon still working?
Hi all, how do I see all my transactions from April last year? I can only see 3 months.
I need to unlink my bank account as I've added the wrong one
Morning all, Is anyone else having issues with relinking/reconnecting to Co-Op? Client been unable to update for over a week so we have disconnected and attempted to reconnect with no joy. Thanks,Ryan
Hi All, Sometime ago, when we re-linked the bank account to quickbooks, it ended up with a duplicate bank account for a period of 6 mths and then it revert back to the original bank.All transactions have been reconciled but it now looks like we have an account with money it and another with an overdraft. How can I merge the two banks and two credit cards together to be one again.Many thanks.
I have discovered that the Banking feature avails has the following peculiarities which need to be well rounded off: Feature: For money in it will only display debits from QBO and for monies out it will display credits only from QBO to match. Sometimes multiple debits and/or credits that appear posted in QBO are needed to match with an entry in Bank statement. Suggestion: The matching window should show both monies in and monies out from QBO for easy matching instead of forcing users to Exclude the Bank entry. Feature: If the actual QBO entry is over by 5% of the Bank match, that QBO entry will not show up on the Matching window. Suggestion: System should not discriminate by restricting maximum value to 105%. Feature: While the Matching Window will show possible matches and give option to add entries on the fly including split entries and adjusting/resolving for differences in QBO, it does not avail boxes for Reference Numbers, payment methods...&nbs
