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Hi I have a situation where the company file I am working in has QB loans that transferred from old files. The QB payments for some of the loans were applied to other unallowable expense accounts instead of towards the liability account created for the loan. Is there a way to move these payments if the amounts don't match the loan liability accounts created? There are multiple loans and the payment amounts vary, and I am unsure how to apply which payments to which liability account. All the loans were paid and should show zero balances, but they all have random amounts still owed. Please help if possible.
Same problem occurred last year and after calling customer care it was solved. Now I am not even given access to call customer care. very disappointing about Quickbooks service
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I am passing journal entry for forex loss on payment, other expenses & profit & loss A/c but is not affecting in the profit after passing entry
CGST & SGST is posting correctly in Financial Reports such as Balance Sheet, Profit Loss. But it is not getting posted correctly in GST Reports. One CGST is posted positively and Second SGST is posted Negative amount
I turned on sales tax automation and went through the setup steps. However, I failed to assign all my existing sales tax rates to my tax agency. I can add a tax rate under this tax agency, but I cannot go back and assign an existing tax rate to my existing tax agency. I tried to turn sales tax off and start fresh but I can't do that either. A
We are not able to generate "GSTR2 - 3. B2B Bills without reverse charge" report for June 2020. It's not been working for last 8-10 days,
Hi Quickbooks Team, It has been some time we as a company wanted to have the facility to operate Multiple companies (Branches) of the same parent company to operate and maintain in the same one roof in Quickbooks Online. We enquired a couple of years back regarding such facility in QB but was not available at that point of time. We are curious now as QB Team must has been able to develop such functionality since past couple of years. It is a common request/demand from various business enterprises. Can we have an update from QB Team on the progress on the same ?
As in the title.
Greetings, I wanted to verify how to set this up before I attempt it. We deal with 2 currencies (USD and KRW). Our home currency is USD. We often have cash on hand in both currencies. If the cash from KRW is exchanged and deposited into the US bank I don't think there is any problem as we can just enter the exchange rate. If the funds are put bank into the foreign bank it was withdrawn from, then I'm not sure. There should be no exchange involved as it was never converted, but QBO treats it that way based on home currency. I can set the exchange rate but it seems to result in a loss or gain as it rounds the exchange rate. Is there a better way, or how de we handle the differences when funds are put back? For example: I withdrawal 200,000 won to make change for tickets purchased at the door for an event. I then return the original 200,000 won plus 130,000 in sales for a total deposit of 330,000. This is not base
