QuickBooks Q&A
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I'm self employed and my profits are likely to be below the Lower Profits Limit for the current tax year, so I'm paying class 2 voluntary National Insurance Contributions, but I can't see a way to select this or record it on quickbooks online. Could somebody advise me on this please.
Hello Has anyone else tried to convert Desktop data (my version is Premier Accountant Edition 2020) to Quickbooks Online (Plus version) who has extensive foreign currency transactions? I have recently used movemybooks to convert our desktop file over but it seems to have no support for foreign currency transactions. All accounts (customer and supplier) have come across in base currency and cannot be changed in QBO, as well as all foreign currencies translated back to base currency so we would lose all foreign currency values. Are there any other alternative migration tools to movemybooks which are more friendly to data with multiple currencies? Thank you
It keeps going through to the end and says cannot connect
We are doing the distribution for a calendar and all the profits go to charity. They are being bought on our online store and a delivery charge is paid. Customers can also add other products to the same order. The value of the calendars is going to be passed onto a charity when they have all been sold. I will retain the delivery charges to cover the costs of the distribution. How do I record this?
Is there any way to change the payment wording on a Quickbooks 2016 statement? At the moment payments are described with the rather cursory line just saying "PMT" - I would really like to change this to something more friendly like "Payment received - Thank You"
Quickbooks has calculated the employer pension contribution but has calculated an incorrect amount. The Quickbooks calculation is shown as follows:Employer Pension Calculations£2,617.26 Gross Pensionable Pay£520.00 Lower Earnings Threshold£4,189.00 Upper Earnings Threshold£2,097.26 Employer Pensionable Earnings3.00% Employer Rate£43.50 Employer Pension Contribution Clearly these calculations are correct apart from the final figure. 3% of £2,097.26 is £62.92. Why would Quickbooks get this calculation wrong? This is one of 59 employees and is the only one with an incorrect calculation.
We have purchased an iPhone from Apple with interest-free credit/finance provided by Barlcays Finance over 2 years. How do I correctly record the invoice from Apple to reclaim the VAT and record the repayment of the finance?
How do I amend the banking dates shown to match the tax dates. It is showing January 2022 and I need it to show April 2022. How do I amend this as amounts shown will be in the tax return currently with our accountant. Do I exclude all payments from 01 Jan 2022 - 31 March 2022 starting from 01 April 2022???? Thanks,
I have moved from a partnership to a limited company, so from date of incorporation need to move my QBO data from old account to new account. I have seen articles on exporting data and importing. However individual lists are created and not in the correct format that the import process requires! Is there not a simple process of moving data from date X without spending hours getting the exported spreadsheets into correct format and the dealing with errors, even though the export is from QBO?
Since I updated my QB app (android) all my previous categories for expenditure are assets are gone. All my suppliers are gone and all my clients are gone except from this tax year. How can I get these back please?
I open an invoice at the start of a job and add items at the end of each day. QB Self-Employed automatically generates a due date 30 days from the invoice creation date, so I just send an invoice for a 6-week job telling the customer that his payment is two week overdue! He was not impressed.Is there any way to get the due date set automatically 30 days from the send date? Or failing that from the date the invoice was last edited?
The bank feed expired for a client, they tried to reconnect the feed the normal way, when they did they ran into the above error message, I tried connecting on a different computer after clearing cache and cookies with the same result. this error occurs after we have logged into the account, on the screen in which you tick the accounts you want to link a bank feed to, but the bank accounts do not show only this message. I have also tried disconnecting the bank accounts and reconnecting them but I am getting the same error. any advice would be appreciated.
Can I use quickbook on my phone
For some clients I can produce a profit and loss report and it gives me the option to compare to a custom previous period, other clients I do not have the option to compare. Even if I do a Profit and Loss comparison report it will only allow me to compare to the same period in the previous year with no option to change the period. Does it depend on the level of the subscription?
