Banking & Currency
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I started using this QB online in 2019 but did not continue. I need to start again as of April 30 2020
Hi,I have desktop pro 2017, I used to import my monthly bank transactions to quickbooks do my book keeping, now its not allowing me, I downloaded the updates but still not allowing me to do so, what should I do?
Hi - We receive hundreds of membership deposits each month, from members across the country. Our member payment database does not sync with QuickBooks. We receive a monthly report showing these payments with a breakdown of taxes vs membership amounts. We'd like to reconcile all membership payments to one journal entry that we would perform at the end of each month. This would save us a ton of time, rather than entering hundreds of deposits. To do this, I'm thinking that in the bank reconciliation we would exclude all of the member payments. Then, using our monthly report, we would create a JE breaking out the taxes and membership amounts for the month (these would total the sum of all member payments). Then, we'd go into our bank account GL, find the JE, and mark it as Cleared (C).
We keep a $500 balance in our physical petty cash box and I want to make sure that balance is the same in the petty cash account in QBO, however, when I post all the expenses for the week, it draws the balance down and I don't know how to show the deposit back into the QBO petty cash account when it's not coming from cash that's already shown in QBO.
QBO is still mostly new to me, so I want to make sure that I'm not doing anything that might affect the database. I am only dealing with entries that are already in the system, nothing new is being added but since I am getting a warning that my changes may impact any of the following reconciliations that have been done. I don't want to proceed unless I know my work here won't actually cause any modifications to that work.
I connected my bank account for trial. It was just for a trial, it isn't the account I want to connect with Quickbooks. How do I disconnect it?
Hello, I am a new user and just set up my account. Our company uses a calendar month and year yet our bank statements and credit card statements are not on a calendar date.I am wondering if I can reconcile to the calendar month.?
Company home currency is CAD. Payment received in USD Bank (therefore no Match button available). How do I add the wire transfer fee to customer's payment in the Bank section? Is there a way to add an adjustment directly to the Payment Received side? Situation:1.) Bank receives funds in USD2.) Recorded payment received in AR/Sales Bank cannot match the 2 transactions together cause of the bank fees. The only way I can get around this is to:3.) Add entry from Bank to AR -> Selecting the Customer4.) Go into Bank -> Categorized 5.) Selecting the same transaction and editing it (changing the AR amount + adding a bank fee expense line).
how do i correct this
Bank account no longer connected Months of expenses are blank When I click on menu items (dashboard, transactions, sales, expenses, etc) it is what you would see with a new install (get started info etc) The only data that exists is company info
I linked a bank account that is under the same banking relationship as another account, but is not a sub account. Unfortunately I made an error and put it as a sub account. Now I can't find a way to correct the mistake
In my previous Trial Balance, the Bank Register was included, not the Bank Balance. Since we are not using online banking, can I enter the transactions as journal entries to the Bank and Opening Balance Equity? This will change the Opening Balance Equity from the actual bank balance to the Register Balance.
