Banking & Currency
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when i re imported my transactions duplicates appeared and some where not deposits but tranfers so im still trying to straighten things out the quickest way
I have noticed that if I changed the deposit account from "undeposited funds" to my regular corporate bank account the system is switching back to the original setting if I turn the CC payment OFF and then bank ON. Why is this happening?
Need to reconcile Online quickbooks a/c receivable, payable income statement balance sheet and more to my desktop quickbooks
Hello!I had a messy problem last month where I had to unfile the last two HST/GST quarterly returns. I refiled once my numbers were corrected- we had over payed previously and had to adjust.Now in order to unfile I had to delete cheques and general journals.. now I am in the middle of my monthly reconciliation for my banking and my starting balance is very off. I ran my Previous Reconciliation Discrepancy Report and can see that the last two cheques issued to Receiver General have been deleted, therefore causing the imbalance because they were already reconciled..... Also, in my books it says those payments were deleted.. but we did actually pay those amounts and have yet to get a return. Now I am scared to touch anything in case it messes up my next GST/HST return. How do I fix this? My thought process is telling me I have to re-enter those deleted amounts as a cheque dated to when I paid them.. But do i make the cheque to receiver gen? If I issue t
credit card payment deposited by intuit traceable in qbo
I'm new to QB. I took over bookkeeping from our accounting services (and took over their QBB file).I have been entering the line items of six months of CC statements by using the 'Enter Bill' and then 'Pay Bill' for each CC line item. However this was before I noticed the 'Enter Credit Card Charges' function, which seemed to be the same thing but in one step.After I noticed I've been using the Enter Credit Card Charges instead because it's simpler (i.e. not two steps - Enter Bill then Pay Bill).However it seems the Accounts Payable has been increasing for the months that I was using Enter->Pay Bills but not for the Enter Credit Card Charges months.It seems there's a step I'm missing to make them equal. Or should I be deleted the six months of Enter->Pay and just use the Enter Credit Card Charges function instead. I'd rather the former because I've already reconciled nearly a year of credit card statements!Sorry if I'm unclear but I'd appreciate some help!Thanks!
It is for tracking supplies no invoices posted in it yet
Can someone please advise what I might be doing wrong. I reconcile my bank every month, but now the accountant has run a balance sheet at the end of the year 30/11/19 and the bank balance is showing a completely different figure to what the reconciled amount was at that date. I don't know where to start to try and fix this so any help would be great. Many thanksPatricia
HelloI recently started using QBO and it connected to my retail store POS. All sales transaction from my POS are posted nightly to my QBO as a journal entry. I notice that the cash component of the transactions is getting posted to POS Clearing on the Balance Sheet. What is the proper way to deal with this account? My bank cash account is also connected to QBO - and nightly transactions post to my QBO cash account. Therefore I am double counting my cash - once in the POS Clearing Account and Again in Cash. I noticed that some of my bank transactions offer me the option to match to a POS Clearing Account transaction - but not all. Why are not all transaction populating a match? 1. How do you properly account for POS Clearing?2. Do you manually move transaction from POS Clearing to cash?3. Why do not all bank transactions find a matching POS clearing account transactions so I can avoid double booking?4. Can I change the deposit account on my
