QuickBooks Q&A
Recently active
Hello. How can I remove the automatic prefix of "Estimate" to subject lines? I make it a point for most customers to know that my proposals are just that -- and NOT and estimate. Thank You.
Can you tell me where the data for quantity reduction and inventory update in the sales report and cost report are read from?I found that the cost unit price in the report is read from the purchase contract, but I don't understand the quantity
In QB Desktop I could setup the owner as salaried and still track hours worked for Worker's Comp tracking. In QBO it inflates the hours when importing from the Time module. For example I can enter 28.92 hours worked in Time but in Payroll it shows 86.67 hours. QB help says to treat them as hourly but that introduces the need to manually calculate their hourly rate (which doesn't really exist.) how do I fix this to eliminate the need for manually calculations? Thank You
Hi!I need to record expenses in April, March & June that I will be paying later. Is there a way to record this expenses to be shown as short term liabilities? Thank you.
Hello, I have books with transactions that were never reconciled prior to 2023. Only year 2023 and 2024 were categorized and reconciled. The profit and loss report (Income statement) show accurate info for 2023 & 2024. However the balance sheet is misaligned with huge discrepancies due to unreconciled transactions sitting in the books for the bank and credit accounts. The discrepances is in $1M between QBO bank/credit balance vs. actual balance in the bank/credit accounts. That is causing issues on the balance sheet. The volume of transactions prior to 2023 are a lot and I donot have statements to go back and review transactions and reconcile. I want to keep books clean for 2023 and 2024 and going forward. How can I accomplish that? Do QBO has an option to download all data and upload back only data for 2023 and 2024 and until present date? Can you help or provide some direction? Thanks,Ravi
Should I always use a change order to add to a proposal in which the client wants to extend the contract? What are the pros and cons of a change order vs. adding to the original estimate? I suspect most of the time the change would be an extension of the contract (aka more money), not a change in the work. Just more of it.
Where do I find self assessment questionnaire for PCI compliance. I have called merchant services and they know nothing yet I continue to receive emails to pay for a service
I have inherited QB files that have set up Partnerships as a Fixed Asset where hierarchal order isAmerican 123 Fund Capital - AM123 Profit/Loss - AM123 Distribution - AM123When reconciling the brokerage statements, distributions received are journaled against the Distribution account. Although this is not "income", my boss who considers it "his income" wants to see how much he has received in distributions of each Partnership, by month. I have not been able to find or create a report that I can run to show this. Does anyone have any solutions?
When we charge a customer and they use certain cards it charges them a surcharge on my books Will this income just go in my non taxable income? Thanks.
I tried a demo of QB Online a few months ago. Couldn't make the switch due to the Sales Order functionality. In QB desktop, sales orders are used to enter customer orders to build invoices for full or partial amounts (to show backorders) and also build purchase orders. The QB Online sales orders did not work like that when I tried it. It made no sense to me to have sales orders if they don't work how they should. Just wondering if the online version has been fixed yet? Or if it will be fixed? Thanks
I set up a new customer. How do I enter my direct deposit information for the customer to have as payment info. on the invoice so it shows up each time I send an invoice? Have done this for other clients and I can't remember how I did it! Thanks.
My client does not want me to include late fees in the original invoice. They would like to have a running invoice, like utilities. For example, if they fail to pay January invoice, the February invoice will have a Past Due which will be the January Plus Late fees. The current amount will be the February invoice. How do I set this up?
What is the accounting entry for deemed capital contributions with no cash or property included? Our company has a university technology (patent) license agreement. The agreement includes an amount of equity. They are asking for a deemed capital contribution for their equity and are providing no cash or other assets. What is the accounting entry for this?
We are an Employee Relocation Company. We pay moving companies for moving our relocating employees. So we will order a move from a local mover (for example: "Alexanders Van Lines" ) but when the invoice comes in, the invoice has us pay "Atlas Van Lines". (Many movers have their franchise handle billing for them). Is there a way in QuickBooks that we can track who the vendor was (Alexander Van Lines) and who we are paying (Atlas Van Lines)?
Original commenter did not share additional details
Getting error code 103 when trying to connect to Lowes Credit Card. It was fine 6 hours ago and now won't work.
How can you download credit card transactions and maintain the order # a/o the misc trx info in the memo line and still use an alias for the Vendor. i.e.. download airline tickets and have the ticket# in the memo, or the Amazon order # in the memo, or FedEx/UPS tracking in the memo, etc. All this is lost when you opt for an Alias (United Air, Amazon, FedEx, UPS etc) as the vendor. Otherwise you have to create new Vendor for each trx, too lengthy of a process. QBO will keep the credit card transaction info in the download when you use an Alias. Will QB Desk a/o Enterprise do the same? ~ Ann
Hi, I'm using QB Enterprise Desktop. We receive multiple direct deposits from the same company into our bank account that I manually enter into OB. Is there a way of recording a batch deposit, but then breaking it down into multiple transactions for reconciliation purposes? It's just very tiring to enter one deposit, click "Save & New," and then have to change the date and memo again to enter the next transaction, and then repeat the process 4-5 times. But if I do it as one deposit, it makes reconciling very difficult since they're individual transactions in our bank account. Also, there is not an invoice or bill that these deposits are attached to in QB. Thanks!
Hello, I did some research but could not figure out an answer to my question. When I download transactions through bank feeds either for my bank or cc, it shows a "Bank Memo" When I want to write what this transaction is for, or a description of the transaction, I have to go to "Add more details" and then in the "Memo" I can put description of the transaction. This is very time consuming when entering 100s of transactions. My question is whether a Memo can be a column in the downloaded transactions, so I can quickly write what it is for and then "add" instead of constantly clicking "add more details" to put in the actual memo of the item. Thank you for any help
How can I set up a set % for federal withholding
Hi! We are a non-profit that needs to run budget to actual reports by class and for the total entity. I used to be able to do this in QuickBooks desktop by entering each budget by class. Then it would allow me to run both. I can't quite figure out how to do this in QBO. It looks like when you enter each budget by class, you can only run a report for that particular budget. It doesn't total it for the entire entity. Do I need to enter the budget by class and then again by the total? Or is there a better way to accomplish this?
Where would in place the purchase of a piece of equipment ($750) in QuickBoo?
Im getting conflicting internet repsponses that state you can and cant connect google sheets to QBO through the new spreadsheet syncing function... I would like to update a dashboard in google sheets with a QBO report..Thanks
We have employees that work on multiple grants and we must keep expenses separated for each grant. With 2 grants the process was simple.. we set up different work locations and pay schedules. But working with more than 2 grants how can we set up a new pay schedule using the same dates of another pay schedule? OR is there a better way to process our payroll and get the reports needed to keep each grants monthly expenses separate? We use classes to separate all other expenditures but I don't see a way to assign classes to payroll. Any help at this point would be welcomed.
