QuickBooks Q&A
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Hello,I know this has been asked before but I am still have issues with this.I purchased an item from Germany and the VAT was zero (As it now should be). Parcel Force correctly issued me with a VAT charge invoice. The invoice is 100% VAT. I paid this invoice using a debit card and this transaction shows up in the bank register but I have not yet not yet linked to an invoice. How do I account for this in QuickBooks?I have read a few ways to do this but it seems wrong and does not actually work when I try. Why is their not a proper way built into QuickBooks to allow for this type of transaction? What is the best way to do this so that I can account for the bank transaction and also account for this correctly on my VAT return? Thank you Paul
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Why do I have sales aswell as invoices on my profit and loss page.
I have a desktop version of QB Pro 2015, which has worked ideally for me for several years, however I now have a new laptop, and I cannot load QB 2015 onto it - My licence details are not accepted. What is my best options? I use inventory as well as accounts
Hi,I'm using QBO simple plan and am new to bookkeeping.I have recently paid a deposit to a supplier for the hire of equipment using my business debit card. After I returned the equipment the supplier refunded my debit card with the difference between the cost of the hire and the deposit. I'm issued with two receipts - one for the deposit with NO VAT and the second for the refund detailing the deposit paid minus the cost of hire including the VAT. Both receipts correspond to imported banking transactions.How do I enter this in QBO simple plan?Thanks in advance
Reset account and clear data
staff paid hourly and work different hours each week, how do we calculate and record holidays .
I have opened a new account/subscription for a client.The client has received an email telling him that the account has been opened.The client has followed the link in that email and set up a password but when he tries to sign into the account he gets the message that there is no account registered to his email address!This does not make sense (to me, at least) as he received an email telling him that the account had been opened.Any ideas?Many Thanks
Why does QB not have automatic acceptance of estimations, so that the client can accept the price? this way the business would not have to chase clients to see if they accept the price. In addition, why is there only a option to give estimations and not quotes, as in the UK these are different. Estimations can differ in price Quotations are a largely binding price between company and client. Clients prefer Quotes so they know what they will pay
I tour around for work yet quickbooks mark so many travel expenses as disallowable for example I use the millage tracker but have another £1827 of travel expenses for hotels etc yet quick books marks £1251 ( so most of it) as disallowable it makes not sense why the same with bank credit and other financial charges £500 is allowable yet £2717 is disallowed ? can someone explain either what im doing wrong or why they mark it as disallowable
I am using quickbooks due to the move to digital vat returns. I am a sole trader on a fixed VAT scheme. I created my quick books account and did my invoices/expenses for Apr,May,Jun 22 and submitted them all correctly. Then I decided I should add in my old invoices and expenses for accounting year 21-22. After doing so, despite the invoice dates being correct and within the 21-22 financial year, my VAT report is now showing as me owing thousands for the upcoming VAT period. It looks like it is charging the VAT for all of the invoices I added for last year for the next VAT return. How can I rectify this?
Hi! Is there any way we can edit an Assembly Builds? The inventory item that was already exhausted (Zero inventory) was mistakenly used which should be the new item. Can we edit? Thanks in advance.
I have a wholesale quickbooks account with a number of clients is it possible that when I send them an invoice it goes to their account
Hello, My financial period runs from November to October, but my VAT quarterly filing period begins from Dec to Nov.I have 2 questionsUnder taxes > Edit Settings - I was able to change my VAT calculation period to begin from December. But under ‘Accounts and settings’. Advanced – Accounting – Why is there no option to choose the First month of the tax year? Unlike with Desktop Premier, I was easily able to select my tax year period. Please note – I’m currently doing a test on QuickBooks online, so my MTD is not switched ‘ON’,With Intuit discounting desktop premier effect Jan 2023 – I’m trying to migrate the data to Ouickbooks online. The question I had is about the VAT period. I have filed Dec – Feb and Mar – May VAT returns in Desktop Premier using MTD. With my VAT date beginning in Dec, - how do I display the current VAT period of Jun through Aug? Any help or suggestions would be helpful. Please refer attached snapshot… ThanksChris
Hi! I’ve connected my bank account and reviewed the transactions. I have just added my PayPal and started to review the transactions but realised I was adding transactions have already reviewed from my bank account (that’s the account the money was taken from with PayPal) I don’t need to connect my PayPal really do I? It won’t let me delete it, only hide it but would hiding it also hide the transactions? I’m worried I’ve made mistakes I can’t rectify! Any help greatly appreciated!while I’m here I have a second question! I use Anna Money as my business bank account but it’s not one that can be connected to quick books, when I try and upload a csv file of transactions it just keeps saying failed. Anybody know why that might be happening? Thank you :-)
This is not about VAT, I paid Income Tax late and dont know in QB how to record that. Is it an expense?
