QuickBooks Q&A
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Please help me understand this how to deal with my situation. You have been charged $100,000.00 legal expenses in 2024 and you paid $90,000.00 in 2024.The vendor applied to $10k toward General Corp, and the rest ($70k) to IP costs. The remainder of $10k was kept in their trust account without applied.All was entered as Expense ($90k) in QBO and categorized as spread as IP and General Corp Expense account. The year ended and now when you reconcile, I need to enter $10k of debit for the vendor, IP cost to enter in Asset account (since it is intangible asset?), and the unapplied $10k in order to correct the ledger. Can you please explain if I am thinking wrong and if not, how do we do that?Too basic? Expense or Asset? Please help me understand this how to deal with my situation. You have been charged $100,000.00 legal expenses in 2024 and you paid $90,000.00 in 2024.The vendor applied to $10k toward General Corp, and the rest ($70k) to IP costs. The
Has anyone who is running Desktop for Mac 2021 upgraded to Sequoia 15.0? If you have, is it running correctly? I am considering either a VM or just using my previous laptop with Sonoma as an accounting laptop only if needed but, I was wondering if the software is working for anyone who has upgraded?
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We are an auction company that uses AuctionFlex as our auction software. Recently, our accountant asked us to capture these sales in QuickBooks. Our auctions are consignment-based. We do not own the equipment being sold; our consignor does; we are the middleman. We hold the auction, and the winning bidder will be invoiced by us, submitting payment to us. Then, we will pay our consignor for the equipment minus our commission fee. Our AuctionFlex software captures all of this information, figures the commission rates, etc. What is the best way to capture these auctions in QuickBooks and make this as automated as possible? Some of our auctions will have up to 100 pieces.
I am in the middle of a NIGHTMARE scenario with QB. I have used QB for 20 Years for my accounting software and payroll for a majority of that time. For the past 3 years, I have successfully been using the Invoicing and Payments features to collect payments online from my clients..... UNTIL... I pushed a terrible green button to try Quickbooks Checking and my company has been LOCKED UP for over a week! I have had over $35,000 of funds tied up in various ways over the course of this week and I still am being passed around without any resolution. I am told about the "mysterious" Risk department but No one can get a hold of them to find out what is wrong..I just keep getting rebooted to wait another 2 days and then another 2 days and then another 2 days. QB Community.... do you know that if you wait on the phone for 3 hours for a manager to pick up the phone when you request to speak with a supervisor... they now tell you they can't "DO" anything... they are only there to document your com
There is a flaw on the NYS-45, when processing the first quarter 2025. In the list of employees, and their withholdings, it will skip or drop a withholding at some point. Then every employee after that will be off, and report another employees withholding. The last person on the form, will be reporting the withholdings from the previous employee, and that withholding will be left off. I have tried to call to alert the company, but of course, I can't speak to anyone who will listen, or understand what I am explaining. This is going to be a major issue with Desktop processing of payroll taxes. This has happened on 3 out of the 4 reports that I have done. It seems to happen, when there are multiple pages of employees to report. It would be nice if Intuit would sometimes listen to the users, instead of giving us the same response, of there was an update, or just someone who has no idea what they are do
When will QB actually have a consistently working desktop app for QB online? It stops working everytime you change something!
I receive this error when trying to record a quarterly (local withholding) tax payment made outside of Quickbooks Online. This is my first time paying this tax since moving to QB Online/QB Payroll, but I've made other tax payments outside of QBs and had no issue recording them. Any ideas?
You will be re-routed to about 40 different phone numbers and then leave being disconnected and lied to. Quickbooks is an extortionist racket that should be banned in this country
QB DesktopCash BasisUsing Undeposited Funds to receive paymentsInvoices showing up on P&LWhat is proper way to set up items list?
Hi community.I have paid invoice but could not locate the fund neither in QB account nor mybank account?It was paid via Tipalti Payment was pocessed today. Please let me know what should I do. Thanks a lot David
We are a wholesale distribution company with inventory and have been using QuickBooks Enterprise Desktop forever. Recently, we started to migrate over to QuickBooks Online and learned that there is not a sales order function. Has this been addressed and can we now add sales orders like we normally would in the desktop version
Can I create report of a GL account by vendor?Example below.Thank you. +--------------+----------------+------------+------------+| GL.Account...| Vendor.........| Jan.Spend..| Feb.Spend..|+--------------+----------------+------------+------------+| Software.....| Adobe..........| $2,000.00..| $2,000.00..|| Software.....| HubSpot........| $3,500.00..| $3,500.00..|| Events.......| Eventbrite.....| $1,200.00..| $0.00......|| Events.......| Zoom...........| $500.00....| $500.00....|| Events.......| AV.Solutions...| $3,000.00..| $0.00......|+--------------+----------------+------------+------------+| Total.Spend..|................| $10,200.00.| $6,000.00..|+--------------+----------------+------------+------------+
Our tax accountant is in a separate company from ours and prepares our 1099’s each tax year. They have requested that we provide them with a report of all vendors that we paid over $600.00 in that tax year. This would need to be a grand total of expenses over $600.00, and not individual expenses. They also requested that in the report of the grand totals there should also be columns for the EIN/SSN and address of the vendor. Can you please advise if there is a way to create this report? I have only found an expense report that lists all the transactions but then I have to calculate the grand total myself. Thank you so much. Example below: Vendors: Total paid in 2024TaxID: Paid for AddressExample vendor name$$$$EIN or SSNExample category (rent, supplies, etc) Example address Example vendor name$$$$EIN or SSNExample category (rent, supplies, etc) Example address Example vendor name$$$$EIN or SSNExample category (ren
I am so mad! I need to do payroll and the tables will not update. Quickbook charges an arm and a leg and there is no customer support 24/7. Federal Withholding and FICA are not pulling up. I'm getting an error message that states that Payroll has not been updated for 39 days, so some payroll features have been temporarily disabled. When I try to get updates, it says I've received the latest payroll update and validated my subscription. I have to go on before 6/8/2024. Well it's 6/17/2024. I'm going out of town and need to finish this tonight
My numbers are duplicating Fieldedge work order numbers, so if I can have all my credit memos have a cm in front of the numbers this would keep this from happening. Can I set this up to automatically put cm on all new credit memos created?
Why does my invoice automatically say PAID immediately after it’s saved? I am emailing the invoice to a customer and it sends that way as well.
Hello, I need help setting up the connection between Shopify and Quickbooks Desktop (Manufacturing and Wholesale Edition). -Two-way connection to sync orders, stock and products. Thanks
Today I opened Quickbooks and I got a pop-up message saying "Quickbooks subscription has expired. You will lose access to Quickbooks within 7 days. Add billing information to complete the payment and renew your subscription". This is an error because last month I renewed my subscription. I currently have Quickbooks 2024 Desktop Pro Plus "annual subscription". After getting this pop-up I logged into CAMPs and verified my subscription and payment. My subscription is good until February 2026. After verifying that information I hit the cancel button on the pop-up which then let me log into Quickbooks. I then proceed to the Company Tab and selected My Company to verify the license #, product #, and active status which were all correct. I then manually updated Quickbooks and then also did a reset update. After reviewing other support forums other people were having the same issue with no help or solutions. I then called customer support which they did validate
Employee's current address is a different county than the county lived in on 1 January 25. QuickBooks is only offering the county of current residence. How do I get the correct county for withholding?
How do I set up the taxes and payroll withholding for a foreign business?
