Expenses & Suppliers
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Hi there, I have a vendor who I only pay with credit card and have a running balance with them. I have reconciled my credit card with my bank account just fine. However, I am not able to capture the HST I am paying as the "payments" that I send to the vendor is to buy "credits" to buy postage. Now depending on where the shipment is going, the tax are different respectively. I think I have to add an example, let's say: I paid $30 to the vendor (which will show the $30 on my reconciled credit card)then $9.50 is for the postage feetax is $1.23, so total bill is $10.73My credit is $30-10.73=$19.27 (this will remain in my vendor account) How do I show this since I am only showing that I expensed $30 on postage? Do I create a separate "bank" account for this vendor? If so, how do I post the transactions on this bank as? How will it tie back to the credit card?
Example - an invoice is dated December 22, 2022 but it isn't paid until January 16, 2023
Hello. I sometimes have reimbursable expenses on invoices and I don't know how to categorize and manage them so that they do not look like income. For example, I will purchase a gym membership for a client, add it to the their monthly invoice along with my billable time. The same invoice contains billable time, sometimes, reimbursable expenses. How should I categorize those reimbursable expenses? Thanks so much for your help.
I often have to pre-pay vendors for by credit card prior to receiving the product or invoices.How do I record the pre-payment when the payment is by credit card not a bank account?
In the past few months I noticed that my list of suppliers, which I try to keep to a minimum was getting larger. It looks like QB has been auto creating suppliers (I can see it in the audit log) when I pull in my bank and credit card feeds. It's created entries for Canadian Tire, Tim Hortons, Google, Amazon etc. I don't want this to happen, I actually find it annoying for just every day transactions that I want to categorise but not record the supplier. Does anyone have any insight on how to stop this or a better workaround? Support wanted me to just make them inactive or set up rules etc.
How can I include a percentage of a receipt as an expense? Such as being able to deduct a portion of your cell phone bill as a business expense.
I'm using Epson's Receipt manager software to scan and import bills into QBO. It's working great, but I'm wondering if there is a way to import them such that they go into the "Review" tab under Bills, instead of automatically being input? There is a field/toggle on the Epson software to say, "Reviewed" or "Not Reviewed" but when it is exported with "Not Reviewed" selected, it still imports to QBO as if it were reviewed.Thanks.
We are using a thrid party app to process vendor/supplier payments by direct deposit. But how do I know which vendors are paid by cheque and which are paid by direct deposit? I looked at the FLAG feature , but more than one person enters Invoices, and they would have to remember which vendors are paid by what method. Too much room for error. I am surprised QBO doesn't offer direct deposit payments to vendors.
I use copy on a laptop but dont see this choice on my cell
I am curious if anyone knows of a way to add items from your inventory to your invoice but hide those lines from customers. im a plumber and I want to add fittings from my inventory to invoices so that I am accurately deducting items from inventory as I use them but I don’t want them to show on the invoice.
The cheque number on quickbooks is 909. The paper cheque is 910. How do I make them coincide?
Hi, I tried to clear out all my 2022 Suppliers with a mass "Pay Bill" for all outstanding Suppliers back in December. Now in 2023 when I try to transaction match, I am getting an entry for Bill Payment Dec 2022 in addition to the new 2023 new open bill (see screenshot). Am I missing a step to close out the 2022 Bill Payment so that it does not appear in transaction matching? Thank you in advance!Darren
I entered the returned item as a credit under "Enter Bills" but not sure if that's correct. If it is, how do I get it to show up in the Cheque Register?
My October RBC visa statement didn't import. I now have to enter them manually as RBC says they can't go back that far. I know how to enter manually but how do I get them to show up in banking so that I can categorize them?
Traded in a computer, valued at $500 for a new computer. The new computer is on a payment plan. The trade-in credit was applied against the cost of the new computer. Payments are monthly. Please help, how to record the entry.
I file a sales tax return online and in order to pay with credit card, I was charged a fee. However, I would like to know how do I expense that fee; what category would be the appropriate one to use?
Does Quickbooks Easy Start (Canada) allow 'Enter Bills' and 'Pay Bills'? Thx.
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Multiple vendors under the main vendor (Buying Group)Also receive bills from the buying group for certain servicesPayments made directly to main vendor for all vendors part of group.We can receive early payment discounts (which I understand are to be set up as an income amount) Can this be set up in QB online in Canada?
As a landscaping company, we provide irrigation shut down and start up to our clients, however we hire another company to complete this task. Some of these are billable above their monthly rate, and some are included in their overall contract. My question: When entering the invoices from the company that completes the work, would it make more sense to enter it as a Subcontract or Outside Service?
How do you change the PST rate for a lease payment?
I have found a major bug in the Android app. I enter receipts, enter GST/PST data, Bank/CC data, name the expense (ie The Home Depot) and things get really screwy from here. The data entered does NOT appear on QB Online. This is happening on ALL of my receipts, and I spent a good 3 hours with QB tech support, and all they could say was to manually enter the data using QB Online with my PC. This is incredibly labor intensive and obviously entering the data TWICE on both the QB App and QB Online makes the entire process futile. It looks as though all of the receipts I've entered this year are missing this data (GST/PST, Bank/CC, description, Payee). I'd like to ask QB to refund me as the program/app clearly are not working. Unless support can resolve this issue in a reasonable amount of time (ie a few days), I have to find a new program or just hire an accountant to enter all of my receipts. How do I go about getting a refund for my subscription?
As a business we purchase from different suppliers bulk. We then make our own products in the home, yet. How do we insert this in QB online? Do we insert each product individually in COGS for inventory? example would be we purchase different types of products to make teas. Would each product be inserted into inventory separately? We have recipes for each tea. How would we go about pricing each individual tea? I am constantly searching for an easier way to price our products, other than manually.
