Banking & Currency
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Hello, Within the Bank Feed screen, when I select the "Add One to Quickbooks" button at the bottom of the Downloaded Transaction area, it only sometimes gives me the option to match to an existing bill. Other times it skips that question and directly opens a screen labelled "Enter Credit Card Charges". Why is this? How do I fix this so I can match to a Bill I have already entered? Thanks,
Can anyone help please? I have signed up so my customers can pay with credit cards, but when I go to sign in an error message pops up "There was an error communicating with Quickbooks payment service. Try again later" I need to invoice my customers and can't. Help!
With the recording practice of this link in mind, how can one change the Credit Card transaction 'type' from "Credit Card Credit" to "Credit Card Payment" as illustrated in the following captures of the same account. They have very different detailed information that I don't see an option to adjust.
I think the reason why your guide doesn't seem to make a lot of sense to me is that I'm actually on the Canadian platform of QuickBooks Desktop Pro. It was just pointed out to me on another topic that I'm positing on the US board. For example, I don't see a "Send items to your bank" section. I only see the attached... LauraAB was kind enough to help me out on my other post. Maybe she can also assist me here? She's shown me how to get to the Canadian site for all future posts. Thank you kindly.
I have two chequing accounts at my bank, one in CAD and one in USD. I frequently transfer funds from the USD account to the CAD account at the bank's exchange rate. QBO detects the transfer and sets the exchange rate based on the value withdrawn from the USD account and the value deposited to the CAD account. However, this exchange rate does not consider that the bank's exchange rate is substantially different from the official inter-bank exchange rate (as defined by the Bank of Canada). For example, if I move $1000 USD from the USD account to the CAD account, the bank might give me an exchange rate of 1.271 and deposit $1271 into the CAD account. The official rate, though, is more like 1.276, meaning that my $1000 USD was worth $1276 CAD, but the difference ($5) went to the bank as their "fee" for doing the exchange. I'd like a way to track that $5 difference as an "exchange loss", since it's a loss in value that I should be able to write off as an expense. How can I do
Hey guys, fairly new to QB. I have a bank account that has an incorrect starting balance that is preventing me from reconciling. I have cleared all the transactions that match the actual bank statement. There are no incorrect transactions lingering. The closing balance on my bank statement is $695.73 and QB is saying my starting balance is $972.80, which is a difference of $277.07. This amount does not match any other transaction that I can see. Is there a way to correct the beginning balance? I have a feeling it was entered in error or a transaction was deleted at some point. Note - We only use QB online. TIA!
I have the nonprofit version of the Quickbooks Desktop Premier version. I have a bank account set up for the Paypal account. I use the "Donations" function under Customer / Vendors. I have reviewed ways online (youtube, etc) on how to record the donations with paypal fees. I record the donation as item "Contribution: other charge" and on the 2nd line I list 'paypal fees' as a negative (item listed as paypal fee). The balance on the invoice shows the correct amount of the deposit after the fee is subtracted, but when it transfers to the Paypal account register, it shows the original donation amount as a "payment" and another line underneath with the "net" deposit as a credit. So there is a negative balance in the amount of the fee. As a result my Paypal register will not balance. Why is it listing the donation as a "payment"?
