QuickBooks Q&A
Recently active
Original commenter did not share additional details
It shows fault 350
how to maintain cash book in my qb online advance
Hello I read that Quickbook Desktop POS 19.0 will be impacted by Quickbook Desktop discontinuation policy after Oct 03,2023. So just wanted to clarify if Quickbook Desktop POS 19.0 is getting discontinued or the add on services supporting it like merchant account, etc. Thank you
Hi All, I am setting up our charity on QuickBooks. I have uploaded the Chart of Accounts including the balance sheet Accounts. I am now uploading the opening balances of the balance sheet accounts via Journal Entry. I understand the contra entries for all the balances go to Opening Balance Equity but what are the double entries required to reflect the brought forward Retained earnings balance? Credit Retained Earnings and debit Opening Balance equity too? Thanks
I have a loan payment that transfers from my checking to a loan account. The loan account downloads loan principal and interest payment, not the full payment. How do i match the full payment to the principal and interest payment in the loan account?
I am un able to find any options to generate form 941 that I need to file manually with IRS
Since May 7th when Quickbooks online switched to the new invoice I can no longer close and estimate. I have estimates that have not been approved or declined so I want to close them but when you try to do a status update, closing is no longer an option. If you are on the actual estimate and go to manage: your choices are pending, accepted, converted or declined and if you are in the customer list of transactions and click the down arrow next to edit/print your choices are pending, accepted, or declined. How do I close an estimate?
MultiCurrency is OFF in my settings yet QBO continues to require us to select either US or CAD on each and every transaction. How do we force it to stop asking since we only accept US Dollars?
I am embarrassed to say that we are still having clients write their credit card information onto a piece of paper so our accounting person can process the payment. Could someone please tell me a little about how to use the GoPayment app and card reader with QB Desktop so that we can accept a payment without an invoice yet or possibly even the client name in QB? We currently are set up in QB Payments to accept credit card payments through the button link in an emailed invoice. We currently are set up in QB Payments to accept credit card payments through the button link in an emailed invoice. Some of my specific questions are: 1) If we connect a card reader to a PC with a USB cable, do we need to have QB open all time to process payments?2) If the invoice isn't created yet, nor client name, will the app store the information along with some notes that we could add such as customer name, until someone logs in and processes the payment? &nb
I've just migrated from QB Desktop to QB Online and use payroll in both.I noticed this evening that my 943 payments to the IRS are being deducted from my payroll bank account instead of my tax bank account. In the payroll settings I only see an option to choose one account. Is there a way to use one bank account for payroll and another for taxes?
when i trying to run advanced reporting "sorry advanced reporting couldn't update your report"
My file and multiple backups have lost the last +/- 12 months of data. I am using Quickbooks 2016. Any suggestions would be greatly appreciated. Craig
Colorado recently changed the unemployment system, which caused the account number for all businesses to change. As a result, QBO is no longer automatically paying and filing UI taxes for Colorado. I went through the process to configure QBO as a third party agent as seen here. However, at step 8, there is an issue because the requested permission doesn't exist in the CDLE portal. QBO documentation says to add "Submit Employment and Wage Detail" as a role, but the closest option is "Edit Employment and Wage Detail". I added the role two weeks ago to the TPA relationship, but the issue remains. These are the active roles in my CDLE portal for QBO: View Tax Payments Update and SubmitEdit Employment and Wage DetailView Rate Notice and Voluntary Contribution These are the inactive roles:Edit Account MaintenanceView Account MaintenanceEdit Benefit ChargesView Benefit ChargesEdit Claims Forms MailingView Employment and Wage DetailEdit Tax Payments Update and SubmitAssign all Edit/S
Our company is setting up group term life insurance for the first time. We have two employees that have an excess benefit over $50,000. The excess amount is subject to medicare and ss. One employee has an excess of $10,000 and the other of $50,000. Using the IRS formula (excess amount / 1000 x age percentage x 12 months) one employee comes to $54 and the other at $18. When creating a paycheck, how do I include this info to generate the med/ss taxes and then to include the premium for the company paid life insurance? What I'm doing: under the "Other Payroll Items" section, I have "Group Term Life Insurance" of $54 and it correctly generates only med/ss taxes on that amount. Then I have "Life Insurance; company paid" also in this section of $50 for the life insurance premium that the company owes. But in the "Company Summary" section, it is automatically including both of these amounts and shows that we owe $104 ($54 plus $50) for lif
Renew subscriptiom
Product Version: QuickBooks Mac Plus 2024, R7OS Version: macOS 15.1.1 (24B2091), Mac mini M4 Chip. Problem: Some of the drop-down menus do not work, such as 'Vendor' and 'item'.Some of them work, though... What to do?
Will QuickBooks refund money that would result in less taxes being paid than calculated by their online payroll software? I ask because over the past 2 1/2 years I have had a dedicated payroll checking account. I run payroll and then transfer the exact amount calculated by QBO payroll from my primary account to my payroll account. Taxes and payroll direct deposits are then taken from the "payroll" account. If QBO Payroll was calculating withholdings correctly you would think that the balance on this account would be $0.00 but it is not. Over the past 2 1/2 years that account has built up a balance. This is the result of the tax withholdings calculated by QBO Payroll being greater than the amount actually owed when taxes are filed by QBO Payroll. That balance is still in my account and rightfully so, because it belongs to my business. The new rule says that QBO will withdraw the entire amount when payroll is processed for both the direct deposits to employees
I wanted to run a vendor contact list and include the vendor tax ID, however, that no longer appears in the columns as a selection to choose from.
Buen Día Pregunta cual es la función de la cuenta del balance general opening balance equity?
Since a very recent update, we are now unable to add time charges (from QuickBooks Time) to an open invoice. I called support and they said that feature was removed from the new QBO interface but could not explain why. They said to send two invoices instead. Why would QuickBooks remove this time-saving feature???
It looks like the expenses that get imported from my bank feed get labeled as checks occasionally - even tho they are not. How can I fix the type of transaction? Thx!
"Enhanced" QBOL Journal Report in first week of Dec 2024 is now missing "Transaction ID" column. It canNOT be added back in selecting Columns. WHY, WHY, WHY do you ALWAY make things more difficult? I have to export all Payroll data from one QBOL to another. I used Transaction ID as Journal Entry number. Now instead of flat file it uses Transaction ID to break out in report - Groups in Excel export. Again, WHY, WHY, WHY do you ALWAY make things more difficult?
I’m being charged over the $15 max on ACH transaction fees. In the last 4 months it’s over $112.00. Why? It’s suppose to be 1% not over $15 max. I called customer service yesterday & she tried to refund, and it wouldn’t let her and she also was denied. But she’s showing that it shouldn’t be over $15. Who do I call to get this taken care of? Thank you
