QuickBooks Q&A
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Fall has arrived, which means it is time to begin preparing for year end and setting yourself up for a smooth and stress-free tax season. Our team has come together to compile some of our top tips and tricks for ensuring that your QuickBooks account is organized and your books are in a good state as you close out the year. Check out our top three fall reminders below. Reconciliation Payroll Review Tax Filings Reconciliation Payroll Review Tax Filings
I am using QBO Plus in the US. I do not get the option to import bills. I am using Edge on a new laptop.
All,OK, I will admit I am a QB novice so here is the question. Should a loan be categorized as a Long-Term Liability or Equity and should repayments of the loan or loans be categorized as Equity or Long Term Liability. On my QB my CPA has set it up as Loans from Personal Funds = Long Term Liability but also the Repayment of Personal Loans as Long-Term Liability as well. Is this correct? Also, further down on the List of Accounts, there are two "line items" Loan from Personal Account and Loan to Business Repayment. Both are categorized as "Expense". Not knowing anything about QB I am wondering if this is correct because it does not look right to me but I am not a CPA or QB professional. Please Advise. Thanks.
New QB online subscription. Trying to set up employees but keep getting error message that the social security number is already in use by another employee. No employees have been set up yet.
I have a notary signing service with notaries all over the country. Title companies pay me to have my notaries do real estate closings for them. I also, personally do real estate closings for those same title companies. Signing service payments are tied to a specifice invoice. Personal signings are not invoice driven. Usually I receive separate checks for personal signings and signing service signings. Occasionally the payments are combined. How do I record them when the payments are combined?
Why did my automatic payroll tax filing switch to off?
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I am using another software to file 1099s and will require this information for it, but do not see a way to pull this information from QBO.
I live in Taiwan. Everytime I visit USA, I got a new phone sim card.
Even after ive been given access by my client, I still couldnt work on it
Hey, I only sell 1 single product in my business. I sell at different prices for wholesale, direct retail and friends/family etc and would like to track them. I know there are functions such as Classes to allow for such segmentation but it involves creating 3 product items (in reality they are the same item..) How does inventory count work in this case? Assuming I have starting balance of 100 units...does it mean i need to allocate x to each segment right at the start? And when it runs out in 1 Class, I transfer over? Thank you
I accidentally maked the form 941 as paid and now I am unable to see the reports. I need help to viewing the reports and marking the reports as unpaid.
I want to upgrade QB Enterprise (Manufacturing & Wholesale) 8.0 to QB Enterprise (Manufacturing & Wholesale) 21.0 but when i open my company file it give me error with (-6094,0). Can someone help me to make the compatible or show me any tool to convert. Thank You
The app is where I record my time and itemize my work orders for customers equipment
I have expenses that are paid automatically via credit card and I am a little confused with the proper way to enter the bills.I have the credit card linked to quickbooks so I can categorize them as they come in. Is it recommended to enter the bill for the expense paid via credit card as well (concurrently with the imported transaction)? I'd also like to start recording the credit card bill when it arrives in a statement, but I am unsure of how quickbooks treats a credit card bill since the transactions within the credit card statement are already recorded. For example:I pay for insurance via a credit card automaticallyQuickbooks brings imports the transaction automaticallyThe insurance company sends me a bill which I think I should record as a bill (I think I've seen the option to match the transaction to this?)The credit card company sends me a monthly bill that includes the insurance bill (how do I record this bill and make sure I am not double paying the insurance bill)
When we connected to Paypal, it would only allow us to go back a few months, but we have to pull in transactions to the beginning of the year. We attempted to download transactions, but we cannot see an easy way to pull in only the completed transactions, and not the auths and holds. What am I missing?
Are we allowed only a certain number of payment transactions monthly?
