Banking
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AN ACH payment showed up as a bank deposit? Can that be changed?
I cancelled my QuickBooks Self-Employed subscription over a year ago. Today, I just received this email (screenshot attached) titled "Your payments account is approved - get started now". I'm very unsettled by this, as I've recently been dealing with fraud on a separate (unrelated) credit account. I had linked a checking account to QuickBooks Self-Employed (for receiving payments from clients), and I'm now realizing that even though I cancelled my subscription, that does not unlink my bank account from QBSE. How would I go about this? Should I be concerned about this email that I received, or is Intuit just trying to regain my business?
hi, i need help figuring out how to record finance charge adjustment in my credit line ,, my credit line account is setup as liability account. it doesn't let me record as interest income and i cannot record as expense because then it goes to the charge side. Please advise. thanks
I recently purchased some new equipment for my company that cost us $10,000. I made a $5,000 down payment through wire transfer and financed the remaining half with a bank. The $5,000 wire transfer appears on my transactions on Quickbooks and I want to know how to categorize the down payment made. Will the down payment appear on my profit and loss for the year? I also created a fixed asset with the machine name and gave it an opening balance of $10,000. Is this incorrect? Thank you!
Hello- New construction home builder. When I start my 12 month construction loans I am not sure how to categorize the income from the bank. Example- I call the bank and make a draw to pay my subs, and then they deposit it to my account. What account do I apply the money received so it’s not considered “income” and what account do I apply the bills from the subs that did the work on that construction loan? Thanks in advance
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we got a loan for a dump trailer the last week of December. That money from the bank was deposited into our business checking to pay the trailer place tin full and we are making loan payments thru our bank. 1. My main question is do we mark that money we received for the loan that was deposited as Income OR as a business loan OR transfer OR something else?2. does it matter that the check for the trailer didn't clear until the "next year" essentially- like do we have to wait until next year to count it as a deduction....the check was dated 12/28/22- but cleared our bank on January 3rd?I marked the trailer purchase transaction as "Other tools and equipment (more than $200)"- is that the correct category?3. And finally, Going forward, how do we mark the loan payments as?
A customer wrote us a check and we deposited it. When I tried to match to the transaction, it turns out he overpaid by $20.99. I think he is dyslexic and no one caught the error. Matching the transaction did not work, but it allowed me to click on "resolve" and then it appeared to match. The invoice shows paid. However the transaction is still sitting on my main bank transactions page and it will not let me do anything with it. I explored undoing the payment but was given a bunch of warnings about amounts not matching, and I don't want to make this worse. How can I get this fixed? EDIT: it appears to have resolved itself so no help needed, thanks.
I have connected my amazon business account. It connects fine and imports my transactions, and will work for a little while but after a couple days it stops importing my purchases. It shows it is still connected, I just don't see my purchases in QBO.
I have a client that when I reconcile their bank statement, old voided checks show up starting back from 2016. Obviously, I would not delete the most current years checks, but can I just delete the old ones so it doesn't clog up the bank rec report? I also have some old checks that were never cashed and/or which I am currently investigating, but it is a long process that I inherited. Any suggestions?
Deposit did not go through
I have a credit card "Master". There are 3 sub credit cards that roll up to the Master.Initially when I had just 1 sub card, all was well. When I aquired a 2nd sub card, the trouble began! Payments went to the sub instead of the Master. It got worse when a 3rd card was added.With my accountant, we reset up the accounts, both in the Chart of accounts and in banking. The billing and reconcile is now correct.My problem: the QBO register balances and the banking balances are out of line because of the incorrect processes mentioned above. What do I need to do to make adjustments to the CC registers to get into line and have correct balances. It is really messing up the year end balance sheet!Help, I don't know where to start.
We have classes like "Location 1" and "Location 2" for divisions of the company, but also just use the no class assigned for our main company. When there are multiple transactions from the same place, like BestBuy for example, sometimes it needs to go to Location 1, and sometimes it needs to not have a class assigned. The problem is after assigning Location 1 as the class on the first transaction for BestBuy, the same class is automatically populated in the class dropdown of the second BestBuy transaction. So even if we don't click to expand the transaction to see the details like category and class, the class is selected. Can we make the class not auto populate? There is no rule that is assigning the class.Thanks!-Doug
A customer's personal check for $40 was exchanged for cash from undeposited funds. No sale was made. Now a bank deposit is made to deposit the $40 check in a bank account for which there is no sale to match it with. How should this be recorded in QBO?
I used to be able to import invoices. Now when I go to settings/import data/invoices a message pops up and I don't get the prompts to import
Trying to reauthenticate Starling bank account. I have tried: Completely out of QB and back in again; using a different browser; accessing via a private window in both browsers; swearing; It is not giving me the option of disconnecting and reconnecting as it has stopped syncing. Help!
trying to download customer history, past transactions, to online version.
Once financial is the Institute I use, but when I login they text me a pass code to my phone to login. I do not have a password is there someway I can just put my routing and account number in
I’m only seeing Nov. and Dec.
QB processed the transactions as cash received and sales made. the actual cash was deposited in my bank a/c which was also fed into QB Bank overstating the QB Bank records
