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I need a list of deleted invoice's so if books checked i can show them very important if Vat or Tax people check
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I cannot access company files or backups that have not been opened for a couple of months. My passwords are not recognised when I try to restore or open the file. If I reset the password I get a blank file. I have tried opening them on three different computers running QB2020 with the same result. I can open the same company files running on 2015 from a 2015 backup, but no 2020 backups will open. I can open company files that have been opened in the last month or two, but none from before that. Does anyone have any suggestions?
I have made a loan to a subcontractor, lets say £500. We have agreed that I will deduct £250 from his invoices over the next 2 weeks in order to repay the loan. Lets say he invoices for £1,000, I will pay £750. There will be £250 showing as an outstanding payment. How do I allocate this £250 to the loan account? I still need to show the £1,000 expense in my sub contractor COS account, and I need to show the loan account being cleared down by £250. Thanks!
How can I go in and edit the Business name in the 'from' section of my invoice
Is anyone else having problem with journal entry and QBO Authentication?
I am working with a client and am looking at the best way of setting up QBO (or re-setting it!) and I have two questions before I upload my stock and the best way of categorising things. 1.Up until now, all sales have been posted to sales of product income, however I'd like to track revenue by the following categories shop, online, trade and events and hoped to have a revenue code for each. However, when I set up my stock - it looks like I have determine the code, so looks like multiple revenue codes might not feasible. Am I right? If so, is there another way of tracking my sales by revenue type? 2. I have a few different price bands for my stock - so whilst the cost price is the same, they have different sales prices. Currently I have to duplicate my stock items for each price band - but ideally I'd just like each stock items entered once (especially important for when it comes to stock counts.
Hello, Does anyone know how I account for the VAT on a supplier payment on account? I'm using the cash accounting method. We pay a set amount per month via Direct Debit and receive one invoice per year after we have paid all 12 months. Thanks
Hello,Can anyone tell me why Advertising & Website expenses are coming up as disallowed?
Hi im the sole director of my ltd company I sometimes transfer funds form my business account to personal account . how should I classify this, I dont take a regular min wage every month
I am a Sole Trader and not VAT registered.I purchase materials on behalf of customers from VAT registered companies.When invoicing customers, I charge the customer the cost of the materials including the VAT paid.I, therefore, assume that VAT is not reclaimable from HMRC.Thus, when recording the purchases do I need to be recording the VAT paid?Do I record VAT on stock assets? Do I record VAT on items such as stationery and fuel?Hoping someone can unboggle my mind!
Hi All,Could you please advise?I have hundred of subbies each month and I don't use CIS in QBO. The reason behind it is I need to categorise these expenses by sub-accounts. The sub-accounts are simply various cost types (about 20) and they are crucial to analyse how the business is doing. I need to know how much I spent on pricework, daywork, installation, snagging, agency workers, cleaners, etc. Now, to fully convert to CIS in QBO I would need to use only one single cost account "CIS cost standard (20%)" because I can't duplicate it across my current other sub-accounts. So, to make us of the CIS feature, I would need to sacrifice my analytics in Chart of Accounts. I have a choice: to use CIS and account all costs on one single "CIS cost standard (20%)" account or not to use CIS (using my workaround) and to record costs to different cost types on my sub-accounts for the benefit of costs analysis.What am I missing here, please? Is my approach wrong? What silly mistake have I m
What entries do I make when I withdraw Cash (as coins) to replenish my till
Hello all, To begin here is a some backstory:We have an account that is using QB 2020 on an RDS Terminal server. Users connect in multi-user mode and do their work. There is, however, a need to have a particular person connect in both single user and multi user mode. Their ND file corrupted so bad that scanning with File doctor would no longer resolve the H202 error they were getting when attempting to switch from single to multi user mode. After several days, QB support was eventually called and they fixed the issue, we can now access the file in Multi User mode. It is my understanding that if a file is in MUM and a user wants to access it in SUM...the one querying for SUM has to wait their turn. Here is the problem: The client wants to always default to MUM, so all users all the time will be accessing the company file in MUM. Our concern is that if we set up QB2020 to behave in this manner, that if a user needs to access said file in SUM, it will
Hello! Are there any childminders that can help please?I have expenses that are showing as disallowed, they arecar expenseshome office for internet and phone ( I have set to 220 hours a month)10% on heating and council taxproviding foodThanks in advance
