QuickBooks Q&A
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I was trying to move two clients from Accountant-billed subscription to Client-billed subscription and both accounts now show canceled.
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I am trying to create an roe for a terminated employee who is going for apprenticeship training but it keeps saying blocks 11 and 16 missing.
The title says it all. As I linked my bank account to QBO starting from day 1 of my fiscal year, I notice that somewhere on the day #10 I got 2 cheque deposits. Those 2 deposits were payments from my customers who I invoiced in the year before. With accrual method, the income is considered at the time invoicing i.e. in the year before. I've already paid taxes for these 2 deposits accordingly.Now that I go to review the transactions and proceed to [Add] them, they are reflected in the current year and I can see how my taxes go up as I add them. If I undo, the taxes go back down. How do I Add these transactions properly, so that QBO understands that this income belongs to the former year and should not be taken into consideration in the current year I am entering? Is there a special categorization that accomplishes this? I see a category "Opening Balance Equity". Sounds logical to throw it in there as this technically IS a balance and income accrued in the year before.&nbs
I upload all of my receipts through the app on my phone. When I access my Quickbooks online account from the computer, it is only showing me 21 or my receipts. I have uploaded over 100 receipts in 2022, so I am not sure where they have disappeared. They do show up when I first long in, but then disappear right away. Has anyone else experienced this?
The bank balances in Quick Books are showing zero and there are duplicate entries for cheques
The etransfer was sent first . Payroll was done at a later time as the payroll clerk was on vacation. After running the payroll I found the difference in the two amounts. How can i reconcile those
If I reconcile the transaction, the ending balance correct even though I can’t match the transfers to each other between the two accounts. I suppose it doesn’t whether it’s matched or not if the balances are correct, but it definitely is a glitch.
Hello! We have the basic program. How can I entered an opening balance for payables for January 1? I entered them as a payable for Dec 31 but that created a negative retained earnings.
I have an invoice that was created a week ago. It is in the system, it is saved. I sent an estimate to the client a couple of days ago and now they want to add the products in that new estimate to the order they had placed a week ago. Do I have to add manually? Or is ther a way to link the new estimate to that invoice that is already in the system? Help is appreciated
I am not exactly sure what I am trying to ask here however here is the issue I am experiencing with getting part of a journal entry to show on the bank account (set up through quickbooks when reconciling) I have done a journal entry for payroll expenses (cpp, ei etc) and have ensured it is also posted to the bank account set up in quickbooks. The issue is that with the journal entry if there is the entries entered for 5 employees, only 4 have actually posted to the bank account and I am unable to figure out why the last one is not posting, which I cannot reconcile it because it won’t show up. I have checked the dates, the accounts, and everything is correct but it is not showing when I am trying to reconcile. Any help would be greatly appreciate! I can try to better explain! Edit to add that the transaction is on my physical bank statement, and according to the journal entry should be in the quickbooks bank account but it’s not there even though it should be.
Here's the scenario:We are a Real Estate Brokerage working for the seller. A buyer has made a deposit on the property that doesnt close until the end of Feb. The deposit is more than the commission so we will have to give money back to our seller. I want to know the following:1. How do I record the deposit from the buyer (who is not our client)? Lets say its an even $500,0002. Our commission is .. lets say $300,000 plus tax ($339,000)2. Create an invoice to the Seller (Sellers Lawyer) for the remaining amount - in this case we will owe the Seller - $161,000Please help!
I started a book cleanup job for a client at his office on his computer using his Desktop Pro account (not the accountant version) and need to do a huge amount of recategorization of entries. I cant find the way to do it in batches, one by one will take too much time.I know it's possible in QBO and Desktop Pro accountant.Is there a way to do it, I cant find it?
Currently, there is only a routine amount for every pay that can be set up with an employee instead of a one time amount as calculated on the CRA website with the Automobile Benefits Online Calculator (ABOC) for the end of a calendar year.
When I cancel QuickBooks Online, how long do I get in time to download data files to my desktop.
I ran payroll mid-feb and went online to run payroll for the end of Feb and it is telling me next payroll is 15 days out. Not sure why!
There are numerous threads about this subject in the community. None with any resolution to the requests for this vital report like the one that is available in the QB Desktop version. Will QuickBooks Online team develop this report or not? Simple question. Yes or no? If Yes, then what is the ETA? If no, our firm will explore moving to another accounting software platform. Please be honest QB so we can make a decision for our company.
I'd like to give someone in my company access to QBO to help with margin and sales analysis, AR, AP, etc. But I don't really want her to see individual salary information. And actually ideally commission information. Is there any way to do this?
I’m not receiving any error code. I disconnected and reconnected one of the accounts which didn’t work. Transactions were updating as of three days ago.
