QuickBooks Q&A
Recently active
Hello everyone,I recently made a big mistake with my QuickBooks account. I had been using QuickBooks Self-Employed since February, but I migrated it to QuickBooks Simple Start thinking it would be an upgrade. Unfortunately, I later discovered that QBSS is very different from Self-Employed, and once an account is migrated, there’s no way to revert back to Self-Employed—a product Intuit no longer offers to new customers.After contacting Intuit for assistance, they confirmed that the only option would be to find an active or canceled Self-Employed account (one that hasn’t been migrated to another product) and work out an arrangement with the current owner.So, if anyone here has a Self-Employed account that they’re open to selling, please reply to this message with your contact information, and we can discuss terms.For your peace of mind, I’m happy to handle the transaction over Zoom, phone, or even a conference call with an Intuit representative. The process would simply involve the accou
Every time I do an inventory adjustment on quickbooks online it takes me a page to set up quickbooks checking afterwards. How do I stop this annoying behavior?
I'm really having an issue regarding the proper way to handle customer overpayments. I have read the online directions on handling overpayments, credit memos, adding a service item, and unapplied payments. All seem to have different directions. I do not want the overpayment to occur in the "unapplied cash payment" account on the P&L.To simplify: I have an invoice for $500.00, but the client's check shows an overpayment of $400.00. 1. The check is already in the bank but not matched.2. If I receive the check for $900 and apply it to the invoice for $500. QBO will say that it automatically creates a credit of $400.00 for later use. When I return to the customer, the $400 appears under the last invoice, and there is an unapplied $400.00. Is this when the overage posts to an "unapplied cash payment" account? QBO does not automatically credit a Credit Memo. Is this when I create a CM using the service item code that l
I had a customer go bankrupt and wrote off the bad debt last fiscal year. The bankruptcy court has now partially paid part of that debt. What is the best way to properly record the receipt of funds?
Hi, I am doing the accounting for a brewery. The brewery buys cans and ingredients to make beer and sell it as a new product. These purchases are expensed and reflected on the P&L report. Obviously these purchases make up the cost of the can of beer. This is where the problem comes into play. I am trying to enter the cost per can so it can be reflected on our balance sheet and accurately reflect the inventory assets that we have on hand. However, when I enter the cost per can, it shows up on our balance sheet, but also on our P&L as COGS. But we have already entered the invoices we have paid to suppliers for ingredients to produce the cans, so it doubles our COGS and overstates our expenses. Any help would be excellent. Thank you!
Attaching the screenshot.
Original commenter did not share additional details
Ted [Removed]: Oct 25: NOTICE: 3.00 hour timesheet had a Service Item (ID: 1034412, Name: Southern California Edison (SCE) Agriculture Energy Efficiency (AgEE) Program:SCE AgEE Task 3 - Enroll Customers and Deliver Program Services) that can't be exported to QuickBooks because it was created on QuickBooks Time rather than being created in QuickBooks and sync'd. The hours will still show up in QuickBooks, but they will not have a service item.
When I pay our Welders (Contract Labor) to repair or build something I have been coding it to Repairs and Maintenance and WIP accounts, how can I show the totals of what I pay to go to both Contract Labor (so it will add it to the reports I need) and WIP accounts? Thank you, I was not sure if just a journal Entry would be sufficed?
Buen diaMi pregunta es como puedo elaborar o donde esta la opción para obtener un statement de un project no de un customer porque los customer pueden tener varios proyectos y por logica muestran en el statement todos los proyectos, pero en el caso que solo necesite el statement de un proyecto como lo genero en el QBO?
I have a Payroll Item Deduction that uses the "Other" tax tracking selection. It is an employee deduction that reduces Federal Income Wages (Box 1 wages) but does not reduce Social Security, Medicare, or State Income Tax wages. When I run payroll it works correctly - it reduces the federal taxable income for the amount of the employee deduction. When I run the Tax Form Worksheet for W-2, it also calculates everything correctly there - the total for Box 1 wages is less than Box 3, Box 5, and Box 16 wages by the amount of the deduction. But, when I create the W-2s for the year by selecting "Create Form" for the "Annual Form W-2/W-3", QuickBooks Desktop is not processing it correctly. Box 1 wages are the same as Box 3, Box 5, and Box 16 wages. How do I correct this? Is it advisable to simply override the Box 1 amount? I can do that, but I have a lot of employees that have this deduction and it seems to me that if QB is calculating correctly w
We really like the "Modern" template for estimates, invoices, etc. However, only admins can see the "Customization" dropdown. We need some estimates to have the SKU, some not, for example. As a result, we are forced to use the classic templates and create variants of "NO_SKU". If all users could see the "Modern" template Customization menu, they could check/uncheck what they needed. Is there a way to fix this so non-admins can see the modify the modern template?
I keep getting emails about PCI compliance. I send invoices via quickbooks and some clients use credit cards to pay, but I do not have an ecommerce site or physical POS terminals. Do I need to do something more? My computers in my office have lock screens with passwords plus I have adequate building security. Intuit sends a PCI compliance email about every 2 weeks or so and I am wondering if there is something I am needing to do or do they just keep sending those emails?
I have every employee set up to accrue sick time for every hour on their paycheck, and maximum number of hours to accrue set at 48. QB continues to accrue hours well beyond the 48 for each employee. For example, I have an employee who has taken no sick time this year, and QB shows his accrued sick time as 56.03 hours, despite the fact that he is set up to max out at 48 hours. I have checked every employee individually, and each of them are set up correctly, with maximum number of sick hours to accrue set at 48. I also have multiple employees who have taken vacation time that QB is not accounting for. For example, I have an employee who has a total of 50 hours of vacation for the year, and has taken 40 hours of vacation so far. His paystub reflects the 40 hours of vacation time, but QB is not deducting it and still shows he has 50 hours of vacation available. This has been an ongoing issue and I have read multiple suggestions on how to fix this, but nothing works. Contact
I am working on converting from quickbooks to a different payroll software, in order to proceed I need to upload all of my employee payroll data the issue that I have is that when exporting data to excel it does not import account information, I attempted to go into each individual employee profile to gather their information manually but it does not allow me to see anything other that their routing numbers. Is there a work around for this that does not involve me requesting every employee of mine to provide me with their account information again?
We wrote a check in July which never cleared. 90 days later, we received a refund check. I attempted to record/match both the original written check and the separate return of funds transaction in QBO. However, when I went to reconcile the current month's bank statement, the following message appeared: "Your account is not ready to reconcile yet. Your beginning balance is off by" the amount of the check (the beginning balance is now higher than the bank statement's). There is also an offsetting transaction for the same amount in the current month. So, in total they offset, but the two periods have differences. What do I do to fix this?
Does Quickbooks Online have a report that is equivalent to the QB desktop report entitled "Income and Expense Detail"? The Statement of Activity is close, but I need to see the details within each category.
My bank transactions are uploaded from my bank, however, there hasn't been any transactions to match my bank transactions, nothing was ever entered. Owner cut checks but never entered a bill or invoice to match it. Do I leave them as they are, or do I actually add bank transaction if there is nothing to match it to?
Hello, When I go to open a new company file in QB's desktop, after logging into my online account, the first page asks for the company information. One of the requirements is an email address. However, it won't let me put anything in that field. As such, I cannot move forward with the creation of the company file. Has anyone experienced this? Do you know how to get around it? I need to create this file and I can't get past the first page. I've filled in all of the fields except the email field and it will not let me select "create company". Please let me know your thoughts.
Does this mean that someone else is logged in as me?
Sent a large payment to a supplier and had my account frozen. Now told I have to wait 3 to 5 days to have it looked at. Who can run a business like this. I have sent in all the documentation they ask for. Does anyone know who I can talk to to have it unfrozen. Some of my employees live paycheck to paycheck and have kids to feed. Any help would be appreciated. Thanks
I have been having troubles with getting my PayPal transactions to synchronize. None import past 10/9/2024 for some reason and its incredibly annoying especially given the price we pay for this service. I am also annoyed that every single time I log in to QBSE I have to reauthenticate my PayPal login. What is going on and why is the PayPal connection so unreliable? I don't want to have to manually input all my PayPal transactions so this is incredibly frustrating. cant you please fix this issue ASAP? I may be forced to cancel my account if this is not fixed soon.
Can anyone tell me how to set up a direct deposit for a 1099 vendor that will need to be paid while I'm on vacation. I usually go to my "banking" tab, click "write check" and fill out all the info and pay them by direct deposit. I will know the amount that needs to be paid before I leave but the direct deposit needs to be sent on a day that I won't be available. Is it as simple as changing the date on the "
