QuickBooks Q&A
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I have refreshed my connections with bank, account balance is reflected properly but not all my deposits are pulling into my self-employed - all my debits are though
A client paid us, and the check bounced. In my bank account, this is what that looked like:11/4/24: deposited check for $25211/7/24: return deposited check, -$25211/13/24: deposit new check for $252 I followed the instructions here: https://quickbooks.intuit.com/learn-support/en-us/help-article/receive-payments/record-returned-bounced-check-using-expense/L4O144llZ_US_en_US three times through. Each time, my Profit & Loss report now shows a $0 balance for Unapplied Cash Payment Revenue.11/7 Expense, -$25211/4 Payment, $252Cancelling each other out and equaling $0 I think this happened because of Step 2 in the instructions, where you take the initial payment (11/4), un-match it from the original invoice, and rematch it to the new Expense (11/7) you created in Step 1. How do I get the Unapplied Cash Payment Revenue to go away? Did I do something wrong? Or is this just standard?
I recently started working for a foundation that gives grants to local nonprofits. When we award a grant, we set up an A/P account for the grantee and also create them as a vendor in Quickbooks Online. We then do a journal entry that credits the A/P account and debits an expense to the vendor, like this: Journal EntryGrants Payable: FA24-27 An Awesome Agency Account: Credit 10,000Grants Expense: FA24-27 An Awesome Agency Vendor: Debit: 10,000When we issue checks to the Grantees, we've been categorizing the payment under the AP account. This clears the A/P account so that it shows a zero balance. However, it leaves the Vendor with an unpaid bill. I've found the simple solution to this is to apply the check payment to the open bills created through the journal entry while I'm writing checks. I will do that going forward.Now I'm wondering about how to go back and clear out the years and years of unpaid bills that have accumulated up to this point
As a Manager, how do I manage the Workforce Application tied to my payroll system?
I entered a journal entry onto Quickbooks (entry number "AJE11") and put the amount of 30,300 as a credit into account 478, which is listed as "other income." When I open the P&L and double click on that account number, AJE11 does not show up. I've made sure that the dates are all accurate and I've already tried restarting my computer. I'm using Quickbooks Premier - Accountant Edition 2020. I'd appreciate any help. Thank you.
Hello, All of my business receipts have disappeared from QBO, does anyone have an experience with this? I checked the filters, checked the audit log and nothing is being excluded or has been deleted. My sales tax return is due in a few days so I need to get this sorted quickly. Thank you for reading
I can't locate the Interest earned account. I don't see it on the chart of accounts and when I do a P&L it doesn't show up either. I use the box on my bank reconciliation to enter the interest dollars. I would like to know how to set this up or why it doesn't show up on a report.
there is no accounting tab on the left hand menu
We go to Projects, select the project, run the Project Profitability report, then click the bottom number and it would break down all income and expenses allowing us to essentially export a detailed project P&L. Now I have to go into reports and customize it for each job. Is anyone else struggling?
I cannot create a report in QB Online that is similar to the Job Profitability Detail report from QB Desktop. I've been playing around with what QB Online offers and it just doesn't provide the data like the Job Profitability report from QB Desktop. Currently I'm running both online and desktop parallel for the sole purpose of the Job Profitability report and being able to see all my products/services laid out. The work around for the Project Profitability report just gives me a ton of columns (versus rows) that's difficult to navigate. I don't understand how a report that was so easy to run and so useful is now gone with nothing comparable.
when does the 2024 payroll update come out to be able to print current year W2s and 1099's?
I know you can copy a time sheet from the previous week, but if you post your time in the wrong week can you copy it to the previous weeks time sheet?
Hi All -We had an issue with our Federal and State taxes this week. There was an issue with our bank, and there were not enough funds in the account at the time it was debited. The account was fully funded shortly after. QB Intuit sent an email saying the money would be re-debited, (only the federal has. it's been 2days and the state taxes have not).We've contacted support numerous times, and no one can give us an answer as to when it will be re-debited again. Once that happens, our account will be on hold/suspended for 5 business days before we can use it. This means we cannot run payroll direct deposit due next week! According to the support doc their automated email sent us, https://community.intuit.com/articles/1418644, it says we can Wire money or pay using Versapay link and to contact them for this. If we do that it claims it will remove the hold/suspension on our account sooner than 5 business days. When we ask QB support about this, every single support rep
I only accept payments through transactions processed through third-party services who guarantee that payments through their services meet PCI DSS. That includes invoicing through Quick Books online. I keep receiving emails from QB about the need for compliance. I spoke with Security Metrics and they informed me that QB reports me as being noncompliant with PCI standards. How do I communicate my compliance to QB without paying a third-party services provider to do it for me?
All of our tips collected flow through a liability account. Once paid to our employees, it clears out of the liability account, however, it isn't ever being recording in wages expense. What entry should be made so that the tips paid to employees is included in wages expense so that QB matches what is reported to the IRS for wages? Thank you.
Using QuickBooks DESKTOP - 2020 Premier Contractor Edition I made a few general journal entries and they all show up in the unbilled costs by job. These are nothing we would be billing. And the field "billable?" on the general journal entries clearly are not marked. In fact I can't mark them even if I wanted to. Why is this happening? How can I make it so they do NOT show up as unbilled. They will NEVER be billed. I already have to deal with things that come through the bank feed coming through as billable even when I UNCHECK that field. THis is just one more frustration with billable status.. Thank you
https://qbo.intuit.com/app/apptransactions no longer provides access to transactions coming in from connected apps. A list of available apps is displayed ("Sync your sales channel data with QuickBooks") with suggestions to connect them, but they are already connected and just return to this screen. The apps still show up as connected at https://qbo.intuit.com/app/appcenter/myapps. Seems like a QBO update broke something.
