QuickBooks Q&A
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Has anyone found a better solution to show/report "net profit after tax & non-deductible expenses" than those suggested below? These appear clumsy and unnessecarily labor intensive! Question: How are "non-deductible" expenses recorded and reported?e.g.expenses incurred by a company but not allowed as deductions to calculate the taxable income (such as fines, some client or customer meals &/or entertainment, etc.) orpersonal expenses incurred by an individualCurrent Answer:Record them with the category of "Other Expenses" then manually add them back to the Net Income reported by QB to give the actual Taxable Income. Authority (quotes & references): Reference #1: GAAP Presentation“In GAAP prepared financial statements, non-deductible expenses are not segregated from other business expenses on the Statement of Income and Expense. However, these non-deductible expenses must be added back to net income when calculating the income tax expense on taxable
Activate an old account
I'm trying to add a new ANZ bank account to my Quickbooks but I'm getting this error on my ANZ internet banking: Unfortunately, Intuit QuickBooks doesn't support ANZ historical data.
I can't see it
Quickbooks is absolutely the worst company out by far, I have had funds that they have been holding for over 1 year and they verified my business information and then released the funds to a bank account to an account that I informed them was not a good account any longer, then they decided they would hold the funds again instead of sending a check to my address on file. I don't understand what the problem is but if anyone is looking to do business with quickbooks, I highly suggest to not do it.
QBO updated to a new invoicing system, Not perfect but a nice update. They added a lot of requests.I logged out and then back in and the new invoicing system is gone. Called support and they told me, my account was changed back to the old invoice system. I asked how to change it back, That's impossible but if you can submit a request to add the new invoicing on/off to a future update. This makes no sense.
How to retrieve an ABA File that you didn't get to save
I would like to add a custom field to the email title in a similar way that the invoice no is added by referencing the field name [invoice]
There are validation issues with the Business Settings:Reason: This event cannot be the first lodgement for the financial year. Another event that does not include all employees marked as 'is final' must be successfully lodged before this event can be lodged..
What chart of account do you use when you are paying for a storage unit to store goods
When I try to set it up, asking for a BSB and account number. Is there a different way? We use Nab connect.
When last invoice gets ticked,Get a pop up saying that amount must equal to zero although that it is the correct amount
