Expenses & Suppliers
Recently active
Original commenter did not share additional details
I've been buying items for the business including materials for making products, equipment, office supplies using my personal credit card. how do I enter these transactions?Thank you for your help.
For bill payments
Hi there, Our business purchases a creative cloud subscription from Adobe. They charge in USD, but include GST, also in USD. Does anyone have any experience about how to code this? Our previous bookkeeper used to simply classify the entire cost as tax exempt, but I don't think this is correct. Are you aware of the right way to code GST on an USD invoice? Thanks!
I'm using "Accounts Payable, Due to Owner" to pay for bills in QBO.I'm not sure how to pay for those Accounts Payable. I've been paying other venders instead of the owner. What happens when if the Accounts Payable goes past a year in the books? Does it convert into a long term loan?
I want to upload vendor name and their banking information (Account/ bank and branch number) from excel to your software and then be able to extract that information in the template and format that my bank wants
Hello, I bought a keyboard and I paid GST and QST since I live in Quebec.I already recorded it as an expense and of course my GST/QST account got increased to reflect those taxes. Now, I just have returned the keyboard and I will get fully reimbursed by the supplier (Amazon.ca). My question is: How do I record the reimbursement? Of course I need to do it in a way the GST/QST get also affected by the transaction. Thank you in advance!Jesús
