Reports & Accounting
Recently active
What is the best configuration to support Qwelcc and parent subsidies in Ontario for child car centres
Hello all,Looking for input on if it is possible to create items within a project to track. Lets say I have a construction project with a number of 24-01, and within that project I want to be able to track 8 different items. I really want to be able to track labour costs to each of these items, and create a report on a weekly basis how much labour costs were for each item. Is this possible or will I need to use a more construction base tracking software? Thank you!
When i try creating a journal entry into the same account, insteasd of showing as a debit and credit, QuickBooks just cancels them out.
Original commenter did not share additional details
I am a new sole proprietor. I've been using quickbooks and it is connected to my BUSINESS bank account, so it auto transfers every new transaction.I do have a separate business and personal bank accounts but it is my understanding that as a sole prop I will just file everything together at the end of the fiscal year. After saving a % of all my business income towards future taxes, I transfer the remaining balance to my personal account so I can use it from there. However... Quickbooks is asking me to categorize that transfer and I can't quite figure out what category would that be? Also, the % of income that I’m saving towards taxes - I'm also transferring that to a "savings account" inside my business account. I imagine quickbooks will also ask me to categorize that transfer and I'm not quite sure what would it fall under. Thank you!
My condo Board has made two separate special assessments in the last year.What is the best method in QuickBooks to set up a method of tracking these assessments from collecting the funds through to tracking the expenditures? Our homeowners want to know where their money is, where it has already been spent and where it will be spent with a reasonable level of detailed breakdown.Would it be appropriate to set up Classes or sub-Classes?Are there any particular methods which should be avoided? Any practical advice or examples would be appreciated.
I make food products in my business, and occasionally I have loss or spoilage. So I use cost of goods value to make something, and instead of getting the income from it, I have to toss it and would like to track this.Should I just create an expense category, and add expenses and debt the cost of goods to the spoilage account? Something like that?
it wants me to log into my bank account and do something over there.
When I complete an A/R Aging Summary FULL report I have all our customers listed BUT when I go to filter by each of our Sales Reps (Rep filter) some customers are not listed on the Rep individual report. Yet, they were on the full report. I have looked at all the customer profile and individual invoice details against other customers and see no difference. Any advice, suggestion would be appreciated.
We are just getting started with QB Enterprise, and would like to combine an AP report across selected companies, ie. have a AP matrix, that has the vendors in 1st column as is typical, but then have a separate column for each selected company, so you can see how much to do to each supplier across all QB files. Is this possible? Is there an add in app to provide this specifically for AP reports.
My client, the owner of mechanic business wants to track the costs of maintaining the courtesy vehicles. How should these expenses be recorded?
The only report I can find Net Ordinary Income is the Profit and Loss Detail Report. In my old quickbooks desktop version the standard Profit and Loss had this line item however the standard Profit and Loss in Quickbooks online only has Profit after other Income and Expenses. Is there any way to add this to a standard Profit and Loss?
The PST report is for a previous period, so I cannot change the report.
I need to pay the Sales Tax to Revenue Canada Agency but I can't find the Reporting Period date to change the date of the default?
Hello, We recently acquired another accounting firm, where their clients had an inconsistent chart of accounts. We plan to implement our standard chart of account numbering for our existing clients and are trying to find the most efficient way to implement it. We've tested a manual approach (importing the standard CoA, then renaming/merging as necessary), but that took ~4+ hours. With our 100+ clients to do, it just does not seem the most apropriate. Is there a faster way to update an existing chart of accounts for a new structure while preserving the existing history? (opening a new QBO for each client is not an option)
how do i add a new credit card to clients payment options?
Hi, Is there a way to duplicate or copy custom reports in QBO? Let's say I have a template report I want to duplicate by customer, is there a way to achieve without having to rebuild the report from scratch everytime? Thanks!
I am using QBO. The weird part is the first line does not appear in the report - the same account used on the second line of the J/E does. I do not want any of the J/E to go to that report. How do I stop it?
Please provide step by step details with screenshots.
The report builder has transaction line attributes like "Amount" and "Rate", and I can show the line items for the "HST/GST Payable" account - but how do I know whether the 0% rate is for "Exempt" items, "Out of Scope" items, or "Zero Rated" items. I was hoping to see "Tax Code" or similar as an available column.
