QuickBooks Q&A
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Trying match shows no transactions. Record as transfer or add doubles the balance in the new account. I could not find a way to start the new account at a $0 balance
Using Quickbooks premier edition desktop. I have our payroll set up properly but we pay automatically through direct deposit. when our bank statement comes in it shows up as one large transfer and I cant reconcile it with 4 payroll employees transactions
What are the credit card fees
I am creating payroll reports by class, and the paychecks are all there, but not all the payroll liabilities. I'm trying to figure out how to include all payroll liabilities in this report. Even in the same paycheck, some liabilities will show in the class report, and some are vanished giving me an incorrect net pay. In the image below it shows the Federal Withholding and only two are showing their class association. HOW do I add a class to payroll liabilities? I tried Preferences, under Accounting I have it set to "Use class tracking for transactions" and in Payroll & Employees I checked "Job costing, class and item tracking for paycheck expenses" and to "assign one class per earnings item". Please help! Thank you.
Would like to have options for clients to etransfer, pay visa, etc.
Hello, When reviewing my customer open balances noticed discounts. Vendor paid statement in full, not sure how the discounts got there. When trying to remove them, it only lowers the amount. How do I fix or un-apply discounts on statement charges/payments?
I want to be able to add interest on overdue invoices in order to get clients to pay faster.
Our non-profit regularly offers gifts to donors as a thank you for their donation. As per Canada Revenue Agency (CRA) regulations, the fair market value (FMV) of these gifts must be deducted from the donation amount when the receipt is issued. In the current system, the FMV is saved with the item when it is entered into the inventory. So, when a receipt is created, the FMV is pulled into the receipt when the item is added to the receipt. The FMV is then deducted from the total using the required CRA calculations. The donor is then able to see how much of their donation is eligible for a tax deduction based on the value of the gift they received.As we are evaluating QuickBooks online as a potential replacement for our current system, we are looking for a way to do something similar in QuickBooks online. Any thoughts or suggestions are welcome.
Hi, just trying to explore this feature but not sure if available in the Canadian version. Thanks.
normally there is a drop down menu where gst only or gst+pst can be selected
I have an ecommerce client who fulfills a lot of their orders by ordering products from their suppliers as orders come in and then wait for the products to arrive at their own warehouse before shipping them to customers. Since they don't carry inventory for a lot of these products, once a purchase order has been created, the inventory value will for example go from 0 to -10 if someone were to order 10 of that product. This will remain in the negative until my client receives the items and then creates a bill from the purchase order which will then put the 10 items back into inventory. The problem is, QBO won't let us lock down the company file whenever any product has a negative balance so when we get to year-end preparations we will be forced to make inventory adjustments to allow us to lock down the company file and start working on the year-end before adjusting the inventory back again after. Has anyone else had similar experiences and are there any better ways of goi
I have been using the 'Share Invoice Link' feature to send payment links to customers with outstanding balances.I am looking for a way to get a list of these links, preferably with customer email, but I can't seem to find that in any reporting option. Does this feature exist?
Trying to run payroll where is tab
I have a US dollar trading account which I have to reconcile in US dollars each month. I need to convert transactions such as stock purchases and sales as well as dividends in Canadian dollars for income tax purposes. When I run the Balance Sheet report for my fiscal year, the balance amount for the US dollar trading account does not agree with the balance I see in the chart of accounts. The balance sheet uses the original Canadian dollar amount transferred from the bank, rather than the converted USD amount that shows in the bank transfer record. How do I trade in a USD account and still create reports for tax purposes. Thank You,Wayne
I can almost be done an estimate, then, if I have to switch apps for a second, all my work is lost and I have to start over. This is frustrating because it could be hours of work lost. How do I stop this from happening
Any suggestions on how to install QuickBooks Pro 2012 from the web if I cannot use my installation CD?
Our company provides a transportation service and we are paid bi-weekly. Our customer pays up front some of the expenses incurred by the driver (fuel, fleet insurance, plates and permits, etc and those expenses are deducted from the payment we receive. When we receive the payment I want to create a sale recording the total revenue as well as recording the expenses we have had deducted from our total revenue. Can anyone help?
Until last month, to pay my payroll remittances, I was using my bank TD Canada trust easyweb to fill out the PD7A (Canada) and TPZ-1015 (Québec) forms and make payments. For the first time this month, I used the new QBO feature e-payment to make my payroll tax payment. The process is really quick and simple, but I have a feeling that QBO did not submit both forms to the agencies CRA and Revenu Québec. So my question is: Does QBO take care of submitting the forms to both agencies like TD easyweb was doing, or do I have to fill them somewhere on the agency portals? Thanks for the help.
Hi, I am very much confused and need help. So we received an invoice from the vendor in 2021 and based on the instructions 50% deposit was paid last year with remaining 50% payable upon project completion. Before the project completion the invoice was revised in 2022 with a new amount and 50% was paid for that new amount invoice. Now they are asking for the balance payment not taking into consideration that we have already paid them deposit twice. How can I apply the deposit that I paid in 2021 to the new invoice that was received in 2022 so that my books shows the correct balance to be paid taking into account both the deposit balance. Thank you.
We purchased a MacBook Pro this year and three months later it was stolen. We are still working through insurance as it was not the only item stolen. I am wondering how to record this.The computer would normally be an asset that depreciates, but it quickly became a complete loss. Am I able to claim the full value of the computer as an expense and then when we have the insurance settlement, which will be significantly less than the theft value due to the deductible, we will claim as income. Or do I need to go through posting it as an asset, and then delete the full value of the asset as a loss, and how does that relate to the fact that the item has not depreciated.Thanks,Mary
Two employees. Only payment option now is check. Direct deposit is enabled in QB in company settings.
