Banking
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I reconciled my account, but there is a difference, I cannot figure out how to resolve this.
We just started using Quickbooks Desktop Premier Contractor Edition 2021 this year and are having issues with our credit card transactions. We have a capital one credit card master account which has about 10 different credit cards associated with it. When we download the transactions as a QBO file, it will only import the transactions into that main capital one card account but has ALL 10 different cards transactions on it. The issue is different people manage different credit cards in this so we can't just use the main account to categorize everything. We have individual credit card accounts for each card but there is no way to download a QBO file on Capital One for individual cards. I've tried downloading as an excel to see if there is a way to import an excel file with all of the transactions for each card but it's far too difficult to go through the .IIF file route. If i could edit the .QBO file to change the Credit Card Account, I'd be able to change it for each card we have,
I reconciled the bank account monthly in 2023 (posting all cc payments to "transfer". I just received the 2023 credit card statements today 11/1/24. In reconciling the credit card monthly statement those payments showed up twice. Matched many of the wrong ones and deleted the correct ones and then reconciled. Now both accounts are reconciled but the cc balance is off on the balance sheet. I need to correct it. Can I make a journal entry to adjust that balance?
I had a mobile deposit from July that I deposited to my bank account that isn't showing up anywhere in Quickbooks. The bank account is linked and up to date. I have refreshed multiple time and it is still not showing up. Please advise why this might be and how to fix it for this and future mobile deposits.
Hello, I have the case where a Vendor accidentally charged me $160 for something, which I paid and matched to the bank transaction in quickbooks. The vendor then refunded me the $160 but in the same transaction, added a separate charge as well for $64 for something else so the actual refund was only $96. I added the $64 dollar charge as an expense in quickbooks. I tried creating a vendor credit for $160 and then matching the $96 refund bank transaction to the $160 vendor credit and the $64 dollar expense but neither showed up as a match candidate. What is the correct way to bookkeep this scenario? Thanks,Leslie
Why is some transactions not showing for one of my months from a bank card?
How to add a second login to one bank
Hi, I cannot get my Wells Fargo banking account to download through Quick Connect. It used to work without any problems. I updated QuickBooks today and now it isn't working. When I attempt to do the download, it tells me to create a new account in QB to download to. However, the accounts are already in QB and have several years worth of banking info in them. It gives me the option to "choose an existing account," but says there are no existing accounts, but I see the accounts. Any suggestions on how to fix this? Thanks for any advice!
When downloading the QBO file from Chase or another banking Institution I then go to setup a new bank account in QuickBooks. I then go and download the account activity from multiple banks and then I Import the QBO data file. I then go into the banking feed center trying to categorize payments and Select the Payee or Add the Payee Names. Unfortunately, when I do, I sometimes get a message that says that the payee is in the vendors list and I still can’t see the payee in the correct field. The reason I know for sure that the vendor is in the database or "Vendors List" is because I have categorized other meal and entertainment charges in the past for McDonalds but now when I go into banking --> Bank Feeds --> Bank Feed Center ---> Then try to choose the payee from the drop down none of the payees (Vendors) are showing and when I add a Payee I can’t see who was added or selected, the fild remains just blank, sometimes when I try to add a payee that I know is in the vendors listed
There are no connection errors showing, the transactions are not showing up in For Review, Categorized, or Excluded tabs. I am almost certain that it is not a matter of me finding them, they simply are not being downloaded from my bank connection to quickbooks.
After I fix it and go to my accounts I get the same message telling me I need to fix the connection
How do I fix a negative beginning balance on a monthly vendor statement
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Which accounts do I use to enter initial franchise fees paid using personal funds with a 10 year Amortization schedule
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I'm doing reconciliation. However, I'm confused and not sure where to categorize this. It is under "Deposits, Credits, and Interest" of the bank statement. ACCTVERIFY Bill.com ACH CREDIT 0.01.Can someone help me with this?
I created a bill for a supplier with the details provided and the payment was issued. I was given the wrong account information, and the payment I attempted was reversed. Now the money has returned to our bank account, and it's showing in my bank feeds. How should I record the returned payment expecting that i have to pay the same amount when they get back to me with the correct information? Please help me to how to record the over payment from bank feeds and also process the payment without creating another bill. Thanks in advance:)
Hello All. Hoping someone can help. I am currently using QuickBooks Online Essentials. I have my banking sync turned on, and I manually accept/apply these transactions to my register one at a time. I noticed QuickBooks is automatically creating vendors for me with the sync, even prior to me accepting/applying the transactions. Is there a way to stop QuickBooks from auto creating vendors and adding to my vendor list? I would like to keep the bank sync on if possible. Thank you in advance for your attention.
On my QB Desktop I have about 6 months worth of deposits that are missing on my bank report . However they show up on my A/R and I also found them under Chart of Account's 'Undeposited Funds'. When I click on one of the missing deposits I am taken to Customer Payment. After specifying the account and amount I click on the Save & Close I get the message "You need to delete this payment from the deposit before you can edit its name or amount. Discard changes and continue?" I am not attempting to edit anything just make the deposit. Can anyone help?
My Home Depot card needs to be reconnected due to a password change but the system is telling me invalid credentials and to try logging into the bank website to ensure it is valid. I did that and I am able to log in to the Citibank retail commercial site fine. What else can I do to reconnect the account? I changed the password yesterday 10/31/24 and waited until today to try logging in to give the system time to update.
Any advice would be greatly appreciated!
