QuickBooks Q&A
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Good morning,A customer paid two invoices twice. The invoices were submitted to the customer and paid by them twice in the month of May. After going back and forth for months, they would just like the amounts refunded. I entered the payments in May. Just as a payment against no invoice (receive payment screen) and it's been sitting there as a credit. Now I have issued a cheque to them, but I can't figure out how to put the two transactions together. On the Open Invoices report, both the payment (May 2022) and the cheque (Aug 2022) are both there, netting 0, but I would like to figure out how to apply one to the other.One of the payments was negated by the cheque, but the other is still sitting there in open invoices $XX payment and $XX cheque, equaling 0. Should I have issued two separate cheques? Is there a way to fix this without changing a previously sent cheque? They already have it and have cashed it. Any clarification required, please let me know.
Note: I still want to receive them.
HelloI am doing the books for a playschoolWe recently received funds from the Govt which are a subsidy for two specific children at the playschool Those families applied for the subsidy based on their income We, in turn, write them a cheque for that exact amount sent to us by the Govt Would I enter that money as a liability since we owe it to the parents or as revenue ?ThanksB MacDonald
Hi, I had a personal credit card before I started my business. After starting my business since I had some points on it, based on my bank's recommendation I put it under a business account and got a new personal one for myself. The business has been started since Sep 1, 2022, and since that was an immediate change on the cards I have some payments on my card which are personal like Spotify account, Netflix, etc. Could you please kindly recommend what I should do with those transactions while I am doing the whole year reconciliation. I thought about excluding them but then doesn't it going to affect my start and ending of credit card statement balance. Thanks,
Why are there zeroes in the Aging Summary? What do they signify and also if they don't reflect the A/R due then how do I remove them??
I would like to know how to categorize employer-paid tuition expenses for employees. It is not paid as a reimbursement to the employee, but rather as a direct payment to the university. My question is how to I categorize it in my chart of accounts and which GIFI code the account would fall under. I didn't find an expense category that directly applies to this situation.
Payroll is asking me to scheduale payments to old employees
I'm running QB 2018 Pro desktop, and I just tried to send an invoice to a customer via email, and I got this error in a popup window:"You'll need to update your software to access your Intuit Account here."I last successfully sent an email on June 26, 2022 so the only thing I can think of is that QB released a purposely breaking change to get ppl off older versions. Is this the case? Or is there a simple fix for this? Will I be forced to upgrade for basic functionality?? I also attempted to add a new email account and got the same error.
In Canada
Our employee is now gone and the direct deposit is scheduled past the date I am suppose to pay him so I want to give him a check instead and cancel the direct deposit
Hello, We started using Quickbooks Online in the middle of our fiscal year; therefore, we were using two accounting systems. I would now like to bring my Balance Sheet balances from our previous system over Quickbooks which we have been using throughout. I'm struggling because it seems like I need to do a journal entry to get my balances brought over to Quickbooks but then that will leave a balance in my Opening Balance Equity Account. Can I do the journal entry and then remove the balance from the Opening Balance Equity Account? Is there another, better way to tackle this?
When I change the status from inactive to active it says there is already an employee by that name
Hi, How can I run an A/R report by class in Quickbooks Online?
Any solution for blurry receipt captures in QB app? Of course other than refreshing data lol
TPS TVQ
Why doesn't the app on my phone show my customers and suppliers?
I have Desktop Pro. I have both a CDN and US bank account. When i transfer funds from US to CDN (or the opposite) it shows up as the same amount in both accounts even though there is an exchange listed. This is a new problem, it didnt happen before.
The company is based in Ontario, but, she is working from Quebec. How do I set this up? Anything I need to know about Quebec employees?
this appears to be a QBO change, prior employees were able to have reimbursement account setup without treating amounts as taxable, now that is not an option.
Copy CC charge that includes AP (financing) and expenses . Suddenly, CC charges do not accept AP. I don't want to journalize it because I need it to show in the Vendor transactions.
