QuickBooks Q&A
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How do I get my bank transactions to download again? QB is not showing any errors, seems to think everything is fine, but new transactions are not showing up.
I have issued the employee an ROE and they do not have any outstanding vacation pay. Since I have switched their status to "terminated" in Quickbooks I no longer have the option to run their last paycheque.
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I invoice in USD - then funds sit in a USD holding account until I transfer at chosen conversion rate. Do I need to insert conversion for invoice and payment OR can I track the gain on the bulk transfer conversion from USD to CAD.
Hello,I was just reconciling our Customer Deposit account and I noticed a couple of entries where the customer paid for their items at 100% but the invoice to the client was booked as a deposit instead of applying it directly to the inventory item. I was just wondering if there was some way to fix these entries. A journal entry won't work because it does not link to the inventory item. If anyone is able to help me with this, I would really appreciate it. Thank you.
what hst category is used when a USA supplier does not add it to the bill
I incorrectly set my own payroll file up to track vacation in QBO. It accrued for some time. I adjusted the vacation hours and vacation owing to zero. This created a debit to vacation payable and a credit to wages. My vacation report is correct but my G/L is showing a debit balance for the vacation payable. If I correct this with a journal entry, this is going increase my payroll expense quite a bit. Is this correct?
The pay period dates are wrong and I need to fix
Hi, I have a problem deleting the Sales Tax Installment. Before filing a Sales Tax Return in QBO, I recorded a Sales Tax Installment. The installment amount is deducted from my bank account in QBO. But instead of reducing the Tax Payable account, it is showing up in the Tax Suspense account. This is not the result I expected and therefore I would like to delete the Tax Installment. However, the Tax Installment is not showing up under "Payment". In fact, I do not see it anywhere on the "Tax" page. How do I delete it? Would appreciate it if someone has a solution. Thanks.
how do I adjust my hst return that is already filed
How can I create a custom report that provides cheque summary information, not detail. I want to create a list of uncleared cheques.
I am trying to analyse our Quickbooks data. But the standard exports from the reports are not giving me lineitems with all required information per line item. It has still the report layout applied to it. Any solutions for this?
Hello, I'm using QuickBooks Online, and when recording a sale OR an expense the Tax always posts to the GST/HST Payable account. Tax on Sales should be going to the payable account and tax on purchases should be going to the Receivable account, how can I change this ?
I have two clients who are having issues with re-connecting their bank feeds, especially the MasterCards. Both of them bank with Servus Credit Union.
I need to set up a subcontractor for direct deposit and following online instructions I do not have subcontractor under payroll
Last week I had a client pay by credit card, first time anyone ever did. So it’s been 5 full business days (not including weekend) so technically 7 days and I haven’t seen anything in my bank. Is this normal?
Hello We have 21894.63 credit in our CRA account. We use an online platform called "PLOOTO" for our payables and Tax payment. If you are not familiar with Plooto, you can connect QBO with Plooto. Plooto will downloadyour payables into Plooto site and you can easily process your payables. OR some technical error Plooto paid 21894.63 HST amount twice to CRA. First HST payment was made from our bank account and second payment plooto paid from its own account. Now Plooto is requesting its own money. I have thoroughly verified QBO Plus Bank transactions and I am certain that second payment Plooto has paid from its own account . Now, I want to use this credit in the next HST payment . For April we owe 29,031 HST according to QBO record. when I am filling HST in QBO,how do I reduce the balance in QBO HST filling site. And also I want to make sure GL account will show the reduced amount. In QBO tax filling I can click Rebates, Line 111 and can record the credit amount, whi
I need to know what account and how to record a late fee or finance charge that one of my suppliers charged me. We have an online account with the company that gives us credit. We were late paying and were charged a fee for that. I have searched high & low for an answer to this question and all I can find are answers for applying a late fee to a customer invoice. Do I create a new account like Penalties and Late Fees, if so what type of account should it be? Or what do I do? Please help me!
