QuickBooks Q&A
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Hi, I do the bookkeeping for a company, and we have a situation where a supplier had to register for VAT retrospectively, and asked if we could pay the VAT on a transaction that happened last year. This was no problem, as we are also VAT registered. But my question is, can I post the VAT directly to the VAT control account? This is what I'm planning, but I don't know if it'll definitely work. When I pay him, I'll do a VAT only transaction, dated for today, so it has the correct date coming out of the bank. Then I will make two journal entries to move the VAT to an earlier period (let's say £300 on 30/11/2023). So: Today - Dr Accruals £300, Cr VAT Control £30030/11/2023 - Dr VAT Control £300, Cr Accruals £300 Thanks for your advice.
Also are you able to enter previous employees tax and national insurance?
How do I speak to a human on the telephone
Hi there, quick one as have just started to buy supplies for customers for their gardens ie compost or bark chippings, plants, all for that specific customer, within the invoice I add a line detailing this. In the background of products and services, I have it detailed as a service (rather than non cost item), but then the income account throws me, I'm thinking one of the income ones, (not strictly an expense as I've purchased it yes, no add on charges, but then the customer has paid me), hence thinking income, not cost of sales, as I've not made it, billable expense income?, sure there is a simple answer, beginning to wish I'd not started this, trying to help, leads to complexity!! Help and thanks for reading......
Hello,I am a sole trader self employed driving instructor who has just starting using quickbooks self-employed.I am enjoying being able to generate invoices and then mark them paid which saves me using receipt books. However I have noted when I mark as paid I does not automatically add to my income?What is the best was of adding these receipts to my income? I wondered about saving each one as a pdf and then adding it to transactions as business income but it would be handy if this could be done automatically when I mark as paid? Any suggestions on a simpler solution?ThanksJames
I have tried to amend in the customer page but it isnt updating in the recurring transactions
I want to record a VAT payment made to HMRC from my personal account which I don't have linked to QBO for obvious reasons. It didn't come out of my business bank account. When I make business purchases from my personal account I use an equity account to show that money has come from me.VAT payments can only come from a "Cash in hand/bank" or Credit Card account. How do I show that I have personally paid the VAT?
I am importing invoices using csv. The invoice uses the default invoice settings but the message/memo typed into the template does not appear on the invoice
My colleague does not have the "Edit client" button when she goes into new licences on our client list. What is set up incorrectly and how do I put it right?
I am looking to allocate overheads each month, across several classes (funders). I'm ;=looking at different ways such as creating an overheads class etc but if anyone is doing this, I would love to see the methods. Thank you
Hello. I'm new to quickbooks and I'm having trouble importing from excel. I need to put a message on the invoices but for some reason the information is being put in the 'show on statement'box so it is not showing on the invoices. I am using the sample spreadsheet and putting the message I need shown in the memo column as instructed. I have even tried importing the actual sample data but the same thing happens. Any ideas what could be wrong? Thanks
The supplier balance on the Ageing Payables report doesn't include the supplier credits?
Using Quickbooks system can I send a generic email advising my customers of a general price increase?
Hi, I am trying to load Quicken 2004 XG, which runs on windows XP onto a windows 10 laptop for my 89 year old father. He's always used quicken and is comfortable with it, so doesn't want another product. I've installed it using compatibility, but its asking for an installation code, and wont accept the original as its been used on his defunct PC. The number to call is now of course not used, and Intuit themselves have no clue. Can anyone help?
