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I am sure that there is something wrong about the way I'm entering the split transactions in QB Online.I first tried to enter each client payment with Undeposited funds as the category but got an error message saying that I needed to choose a bank account.I then entered the details by customer with the bank account but when I tried to reconcile the bank account, the payments showed as deposits in the total but the detailed lines also showed as payments (money out not money in). Needless to say, the bank register was out of balance (although the bank reconciliations looked okay (The back rec screen ignored the detailed payments out)).I then asked for help and was told that the QB system already knew that the payment belonged in Undeposited Funds and was told to change the bank account numbers in the detailed lines to the appropriate income account. I did that. Awesome, I thought. Now my bank reconciliation was good and my bank register was in balance!H
Hello, New to QB. Have been tasked with finding out how to assign a bank account for each property we have within one book. Ive only been able to add one currently. I need to assign 4 different properties with 4 different bank accounts. Does anyone know if this can be done, what platform it must be done "online ect".
Hello all,I'm trying to figure out how to import sales transactions into QBO from a .CSV file with a couple of twists.We sell fuel.The Fuel Farm Software handles the card transactions and merchant processing.The Fuel Farm Software also issues "private" prepaid cards.We sell and "refill" prepaid cards to our customers and, in return, give these customers a discount on fuel.To record Credit Card Sales Transactions:I have a "Fuel Farm Customer" and I record the sales receipt, the merchant deposit, and QBO decreases the fuel inventory. Easy Peasy.For Gift Card transactions I'm kind of stumped.I've set up the following: An Other Current Liabilities Account called "Prepaid Fuel Outstanding". A Non-Inventory Item called "Prepaid Fuel Credit" setting the Income Account to "Prepaid Fuel Outstanding".For your consideration:IF I invoice a customer Prepaid Fuel Credit and receive a paymentTHEN the "Prepaid Fuel Outstanding" liabilities account Inc
I have a bank of america credit card that has two accounts. one for payments and the other for charges. I set up the accounts for download by making a head account and then i made both accounts (i.e. the payments account and the charge account) as subaccount. when i go online the payment account shows all the payments and the charge account shows all the charges. i feel like the payment account should offset the charge account but this is not the case. i think that i set up the accounts the wrong way. now i have hundreds of transactions. i did not some research and found one possible way to do this right would be to make only the charge account the subaccount and the payment account the "head" account and manually enter all payments so that the head account would offset all charges. how can i fix this considering that i have already downloaded hundreds of transactions? it looks like:BOA credit card parent account 0BOA corporate credit card 19,000BOA
I made the mistake of making (2) credit card payments to my Personal Credit card account from my Business Checking account to cover money that I had injected in my business over the past year. I realize this was not a very good way to go about this after the fact but need help with how to log this correctly. The credit card payments do not match up to a certain expense but are more of general amount to cover a portion of the money that I injected throughout the year. Any help on this is greatly appreciated.
This is for the last statement ending date of 2/28/2022
I can't figure out how to manually make an instant deposit.
Trying to upload a vendor invoice. Not able to upload.
Does quickbook automatically connect to e-commerce?
why are there so many alerts on my phone to approve from quickbooks online?
in the app on iphone, when i drill down to the bill attachment detail, there is no way to go back to the transaction. The only escape is to completely shut down the app and start over. See attached screenshot. Well QB app won’t let me attach a photo from iphone because Apple uses jpeg extension, not jpg… another bug in the App! The bill attachment detail bug is causing a major headache for us. Any bug fixes or workaround s appreciated!
I see that I can set up an account to represent a line of credit or loan, and of course there's a Paid Interest account to track interest. But if the line of credit or loan is at a bank, and I can connect automatically to that account, how do I set that up? Although I can see these accounts in the bank connection setup, there's no way to choose a loan or line of credit account type for them--I only see savings, checking, etc.
Company A had a credit card with Chase ("Chase Card 1"). Company A's and Chase Card 1's online banking was set up and working perfectly. Suddenly, Chase Card 1's online banking stopped working. I deleted Chase Card 1's online banking set up and tried to re-link. When I try to relink, Chase Card 1's account number does not appear but Chase Card 2, 3, and 4 appear. Thus, I cannot relink Chase Card 1 in Company A. When I go to online bank set up in Company B, C, and D, Chase Card 1's account number appears and I could link it if I wanted to, which I do not want to do because Chase Card 1 belongs to Company A. To me this seems like Company A's Quickbook File believes that Chase Card 1 is still linked. I have verified my data and rebuilt. This did not solve the issue. Thoughts?
I received payments from clients in quick books invoices, but don’t know how to get the money to my personal checking account?
Long story short is we have a Savings account listed in Quickbooks. This cash account is around $5K. It was not used at all and it was not linked up to the actual bank account. Today we linked it up finally but the amount in the account is drastically different now. I'm not entirely sure how to reconcile this difference. Should I have made a separate account in QuickBooks altogether and have the bank account link there?
