QuickBooks Q&A

Original commenter did not share additional details

How to reconcile a foreign currency bank account that has never been reconciled since 2020 in QuickBooks Desktop?

When the budgets were entered manually it was easy to add a budget for each class and QBO would aggregate the totals into an overall budget. Does the Import function have the same ability?

Original commenter did not share additional details

Original commenter did not share additional details

I have made modifications to numerous transactions, invoices, and bills in our QBO system, but unfortunately, I did not retain the backup data. Is it now possible to download the previous data (before modifications)?

Original commenter did not share additional details

When I build my invoices, sometimes, I come in much cheaper than I quoted. I would like a markup option on the invoice to raise the price on a line item to whatever dollar amount I want.

I'm currently entering the sales reports as a journal entry. The items included in the POS sales reports are sales, cash deposits, visa collected, gift cards, sales tax etc so using an invoice isn't possible.

When I go to the detailed report there are like 6-7 transactions that show the amount way more than they are. For example, if I click on one of these the amount will be around 4k but when I close it shows around 98,352,330 in the list. Its not currency conversion, I checked.

I created a new QuickBooks account and imported the "Products and Services" from one to the pother thinking it would also import my bundles but it did not, has anyone been able to do that so I do not have to recreate hundreds of bundles into the new company?

I created a carry over emploee advance item for employees taking a long term loan.  The employee repaid the advance over a number of months.  The YTD amount is now showing negative on the payroll screen and paystub.  The employee did not over pay.  The correspinging GL balance sheet account is correct.  Just what is showing on the stub/payroll screen in incorrect.  How do I zero the balance on the payroll screen without affecting the G/L.

I created a post 3 years ago about this and it still hasn't been added as a feature. This is the link the my old post. Any reason why this hasn't been added??! Thanks! https://quickbooks.intuit.com/learn-support/en-ca/other-questions/applying-sales-tax-to-rules/01/481537#M3467

Original commenter did not share additional details

Apparently the EI that is taken from the employees is set at 1.4 % and cannot be adjusted. My client was PIER reviewed last year because of it. I have an excel file that I can dump the information into and it will calculate the adjustments I need to make so that it is correct and will not trigger a PEIR review but I'm not sure that is even an option in this software. Has anyone done this before?

Surprised I haven't seen this on the forums yet unless it's been addressed already. I can't create a rule with sales tax for a business expense. Seems like a basic setting for creating rules to make life easier.  My current workflow for whenever a transaction is automatically categorized by a rule.-I have to go into review transactions-Click the transaction that was made by a rule-Click apply sales tax and save it This makes the rules kind of pointless if I can't have it automatically add sales tax as most purchases/expenses have HST. Is this in the works to being added??Thanks!

How do I generate an ROE for an employee that is not terminated? They are on reduced hours. Is it possible to generate the payroll file to submit to Service Canada?

Original commenter did not share additional details

Is there some fee I don't know about maybe? It was even strange to me in the first place they took more than the disputed amount.  Not a huge deal just curious why they took extra and then never returned it if anybody knows anything about this.

Had to set up on a new windows 11 machine. My Windows 10 pc died. QuickBooks doesn't seem to recognize Thunderbird as my email client now.  It worked flawlessly before and I never had to do anything to set it up.  Now I get a window asking me to set up email and thunderbird is not in the list. Any help would be appreciated.I have uninstalled and reinstalled Thunderbird with no results.TIA, Cheers

I have multi-currency set up and I want to input a price for a service in USD (which is always static). I can only input the price in CAD in "Products & services". When creating the invoice, I see I can input a USD price, but I don't want to have to do that each time.

Original commenter did not share additional details

Original commenter did not share additional details

Original commenter did not share additional details

On transaction reports or General Ledger reports, we can select Split but it does not show the details on the actual report.  You have to go to the system and drill down to find out if the split is correct.