Banking
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Hello! We recently had to issue several refunds via stripe to our customers. I am looking for the best way to record these refunds in Quickbooks. I have an expense transfer in Stripe in our banking tab and have tried matching that to the refunded transactions recorded as "expenses" and as "sales receipts." I have not had luck, either way, finding these expenses and sales receipts to match. I have recorded both in "Undeposited Funds" which is where we track our Stripe transactions. Any support on the best way that I should be documented these refunded charges in a way that matches the stripe transfer would be amazing. Thanks!
Hello,I have multiple companies in Quick books online. one of the companies is sold out which doesn’t have enough money to pay its bills, therefore I am transferring funds into this from active companies . Will it be ok if I create a bank account of inactive company into other active companies? That way I can show transfer of funds? Or is there any other method? Thanks
I am reconciling cash and I find that my customer paid his invoice and it’s recorded in the customer tab. However, this deposit is not recorded in the checking account as it should have been. How do I get his payment in cash, and how did it not get recorded?
We have not invited an accountant. Is this the only way to undo an reconciliation report?
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The Transfer says there is a rule applied but I cannot find a rule that matches this. How do I find and get rid of the rule causing this?
I need to match multiple bank transfers from one of our business accounts to the other account. I found the article for QB online but that the steps dont match for QB Mac Desktop.
I have transactions that are coming through the banking feed and being posted to the Uncategorized Asset bucket. When trying to add them, I am getting a link to a liability account error. How do I add them and remove them from the Uncategorized Asset category? Thanks Shree
All transactions are showing up as the reverse. For example, spent transactions are showing up as payment received and vice versa. It is definitely something on the back-end.
I import time from QBTime and Knowify. The pay item field is locked. How do I unlock it or change it?
Ongoing problem with bank account not auto updating. Auto update works for a period of time and then stops working for no reason. Attempts to reset bank credentials and bank connection do not fix the problem. This is the 3rd or 4th time this has occurred in the last 2 months
A customer made a payment of $627.73 through our merchant system. I then recorded the payment and made the deposit recording with QB. I then had to refund the customer through our merchant system due to not having the proper parts for this customer.How do i record this as a refund to show this amount was deducted from my account? All articles I found show how to give Credit, I DO NOT need to give credit.
Hello,Although the amount in the "App Transaction" section and the amount in the "Bank Transaction" section match, the "Deposit" amount is different from the "Transaction" amount, and I could not figure out the reason. For example;App and Bank Transaction amount: $2,231.21Deposit amount: $2,204.71Difference: $26.5The sample image is attached.I request your information.
getting screen size small enough to see entire left to right content, ie- bank register, can't wee balance column? Smaller screen?
Good morning,We have our checking account linked to QBO. Does it matter if I receive the payment, then match the deposit when it comes through or if I don't receive the payment and then just match the deposit when it comes through to the invoice? Thank you!
FIRST I want to say I understand how undeposited funds work so please do not explain it to me.I just took on a client and he has undeposited funds from 2016-2020 and I need to clean it up. He didn't understand how it worked. I am currently working on his 2021 books because he is way behind BUT he has filed his taxes for 2020 so I don't want to touch anything prior to 1/1/21. Please answer if you know how to clean this up.Thank you!Dina
This help 'feature' doesn't work well. I've posed this question multiple times and it still doesn't connect with the online thread. As of mid November, update feature doesn't pull details from US Bank SinglePoint.
Subscription: QuickBooks Online PlusBilling date: 12/10/2022Payment account ending: 4563Routing number: xxxxxxxxxEstimated renewal amount: $860.00 *
I have connected my bank to QB. My savings and checking accounts are visible, but I do not see the bank credit card. How would I go about linking the bank credit card so that I can see the transactions?
I know this is a simple question -- I am manually entering transactions from bank feeds into the register. I use QB/Intuit to process credit cards. These deposits show up in my bank feeds/statement as intuit payment solutions or similar. In order to have QB assign them to the proper account -- what do I assign in the "Account" field? (QB marks invoices paid once they have been deposited, so not asking how to apply to the invoices that were paid in that deposit) Do I choose "accounts receivable"? "sales"? something else? leave it blank? Thank you
In my business, I have a business checking account and a brokerage account which I use for savings and investments. I am not sure how to account for the business investments. Example 1: I move excess cash from the checking account to the brokerage account so I can invest the funds in a money market mutual fund. I have been accounting for these things as transfers. Transfer from checking to brokerage, transfer from brokerage to money market fund. When the money market fund pays dividends, I've been recording that as interest earned and when it is reinvested I transfer back to the money market fund. This all strikes me as reasonable, if not the exact right way to do this. Please let me know if there is a more accurate way to do this. Example 2: I got the bright idea to capture some yield by buying a T-Bill in the business brokerage account. The T-Bill matures in time to fund taxes and bonuses, and I end up with > 4% yield. Problem is I don't know how to account f
We have 18 individual credit card users. We were using Expensify and 3rd party app but have decided not to use it now and go directly from bank cc transaction to QB review, categorize and approve.
