QuickBooks Q&A
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So relatively new to QB.Our company has finally managed to open up a business USD and EURO account, which we have added to QB. Previously we had to use our personal one. We made a large transaction to save on transfer fees from our personal account that is where previous clients paid the invoices.So in the Business GBP bank account I have a income(should really be a transfer) of 300GBP, I need that to link with 2 invoices, say 1 for 50USD and 1 for 125USD with the remaining GBP to just go into our Directors loan account(GBP) does any one know how this can be done. I've looked at doing a Journal and also seen if I can split the 300 up at the review stage with no luck. Ps we know we have screwed this up a tad but hoping you bright minded people can help us.Please any advise would be helpful.Many Thanks Bucksey85
Can I ask this from 2 points of view - as the agent and as the landlord. As an agent, I receive rent from various tenants for the same landlord and carry out maintenance activities on the properties for the same landlord. At the end of the month I would like to produce a consolidated invoice and pay the balance owed to the landlord. What is the best way to do this, where the single payment can then be reconciled with the bank statement? I was thinking about raising an Invoice with expenses added as negative amounts, but if the total (which does happen) is negative then I can't create the invoice. As the landlord using Quickbooks, how do I record the payment - do I raise an invoice for rents expected (to match the amounts shown on statement from letting agent) and then create credit notes for the bills and then apply the payment received to the agents as a customer?
Hi I have a rental supplier I use that takes a rental deposit upfront, then issues a refund less the rental fee, how do I correctly account for this in QBO? eg I payed £500 deposit on some equipment ive rented, a few days later im refunded £361.94, less the £138.06 rental fee.
The reports tab, has no data in it for the relevant period!! The VAT return has been submitted and accepted
Our process to authorise suppliers' invoices for payment are done manually. I am looking to automate this by sourcing for a software to automate this that can be integrated to QB Online.
I am using QB self employed and everyone says to go into the cog shaped icon by my profile name and select a heading “Accountant”. Then invite your accountant - BUT !!!! There is no such heading option - only intuit accountant which gives me no option to invite anyone ……This is so frustrating - why is this ?Anyone please help ?many thanks
What fellow Quickbook users use the app to accept card payments on their invoices?When I look in the QB's apps it suggests Paypal but the reviews are not good!
I have tried to reconnect my Natwest ClearSpend account, but it kept failing, and on reading other suggestions on this website, I deleted the connection and started again, but I still cannot connect. I have listed below what I am doing and where it is failing. Any help is gratefully appreciated.I am pressing the link account button and then searching for Natwest ClearSpend and pressing the appropriate link. This brings up a list of 3 steps, and I press “Let’s Go’. Next, a consent to share window appears, and I press “Agree”. I then get a window titled sign into your bank, and I press “Sign in”. At this point, a pop-up window appears from Natwest ClearSpend, asking me to log in to my ClearSpend account. I enter my email address, and the ClearSpend app on my phone asks me to confirm my identity, which I do. At this point, two things happen the Natwest pop-up asks me which account I want to share with Intuit and the original Intuit window says, “we need your consent to bring data from you
My employer has 2 separate companies on QBs but they are one legal entity. How do we combine the VAT Return info from both to file one VAT Return ?? Many thanks
Been going on for weeks. I have signed out of gateway and signed on again
Any suggestions: I've tried numerous times today to reconnect to my credit card account. Each time it will do the whole process, including letting me sign in and select the accounts, but when it is in its last confirmation stage it does not seem to be able to complete and the small window just goes blank and hangs. RBS Clear spend for info. I can sign into the actual bank site without problem and so no issue with the banks website. I've managed this process numerous times over the past 12 months without issue until today.
QuickBooks not working
Hi there, A bit of a complicated question to do with US/UK remote working and tax. I’m a US citizen with a two-year UK graduate visa (commenced April 2022). I’m splitting my time between my family home in the US, and my flat in the UK. I would say around a 65% of my time is in the UK, 35% the US. A few months ago, I started working for a US company remotely, based from my US address. I carry out my work with them when I’m in the US and when I'm the UK. On the side, I do a little bit of ad-hoc creative work in the UK (a couple hundred pounds a month max). I have a UK National Insurance number. Based on all of that info, where should I be paying tax? Any advice would be hugely helpful, as I am at a complete loss. Also, if anyone could recommend a good tax expert / lawyer / accountant who specializes in this kind of situation, I would really appreciate it! Many thanks, Paul
Looking for some guidance on how to record a mileage allowance payment through quickbooks. There are two directors who pay themselves a salary. They will both be claiming the mileage allowance. When paying the two directors their mileage allowance will this simply be treated as an expense and therefore recorded as a debit in a 'petrol' account? Or do I have to go through a directors loan account? Any help would be appreciated.
Hi All,I brought goods/samples from EU back to the UK in my hand luggage and declared the goods online. I paid for VAT but not sure how to add it to Quickbooks as there is only the VAT amount that I paid. For other goods that were sent by courier, I entered the courier charge to 'Amount', selected '0.0% Z' which allowed me to enter the correct amount paid for VAT manually. But not sure how I should do in this case?
