Reports & Accounting
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How to generate a .cor file for T2 tac report?
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Hello Team,I have a corporation type of Canadian incorporation at the very beginning I used my personal credit card for business purchases (I did not have a separate business Credit Card) Now I have one. I got TWO questions:One: how to reconcile this in QuickBooks as the transactions are mixed between personal use and business use? (I kept using it for business ONLY) I used a Debit visa for personal a real-life situations for personal only. Now I'm reconciling of course I won't reconcile or claim something I used for Grocery or baby diapers etc...Two:I need help with categorizing the transactions to match CRA GIFI codes so I can export/import them intoTurboTax Business Inc. 2021 [PC Download] T2 one return.I'm referring to this CRA Website link I use this link to match items/services and chart of accounts Tax line mapping, but I'm stuck at categorizing "The use of personal Credit Card money for online business purchases" as I deposited the generated income sales & se
Hi There, I run a photography business and was gifted a camera in 2018 (fair value = $1200 at the time, about $700 as of April 2022). How can I record this in QuickBooks to show that my company owns this asset without incurring an expense as the company (or I, as this is sole proprietor) did not actually pay anything but I'd like to show on the balance sheet that I have a legitimate fixed asset. The main problem Im having is that I need to show an expense but there technically isnt any expense because I didnt pay for it, but yet the company does indeed own it. Thank you
Hello team,I'm reconciling my credit card account (QuickBooks desktop) here is a screenshot from the statement Now I reconciled the first bill that has 62.15 with no issues now I'm reconciling this statement it has multi payment in it, and the New ending balance as you can see it's (-0.48) which I put it in this field here Until now we are good but the next one I'm stuck in it as it has multi pay. Then I hit Cancel since it has the balance after this the difference is never ZERO. I tried calling accountants through the link provided they are all busy with other clients (if there is a primum link to pay per consultation I'm more than happy to pay) I'm trying to get help from here to save time I do not want to delay. Please help and thanks.
I checked all bank deposit from client were correct.
Hello Community,I ordered UBER and I would like to record it as expense because I used it to offer a setup service at customer location. Thanks
Purchased at $500,000 back in 90’s. Current value $1,000,000 and has been cash flow profitable every year.
Hello, im trying to reconcile my quarterly taxes due and my beginning balance in QB is different than my physical statement. When I calculate the difference it is exactly the amount of my loan, which I also reconcile every month. The loan of coarse balances. I tried to undo the last few months and now they no longer balance due to the loan?!?? What am I doing wrong? Please help. Jenn
Does QB support WCB Alberta?
How do you adjust the account balance for Cost of Goods Sold? My client is using Square to process sales and then imports the sales to QuickBooks Online. The COGS for these sales is not coming from the Product list so the amounts are way too high, how do you decrease this amount?
how do you record an overpayment for a service as a tip in quickbooks desktop?
How can I create a sales report for "Customer Type"? B2B, B2C, etc...
Hi I'm an existing business, just starting out with QuickBooks online. I've connected my accounts with no issues.My current year end is march 31st and plan on starting with QuickBooks in my new fiscal year as of April 1st. Do I need to exclude all bank transactions from the previous fiscal year? As I do not intend to add any of my previous fiscal years books into QuickBooks.
Its hard to have to retype everyone's email every time i need to send quarterly statements
I used to be able to change account names and account types. Now, the pop-up asking me if I'm sure that I want to change the account doesn't appear when I click Save. I have to hit Cancel and _then_ I see the confirmation dialogue. However, because I cancelled the change, clicking Yes to the confirmation doesn't do anything. So it's now impossible to edit accounts after entering them into the COA. Makes it much, much harder to use QBO (not that it wasn't hard enough to use already).
Want Product/Service items sales by summary
I send statements to 50 people quartely. it would be convenient if the templates can be saved and all i had to do was change dates for new statements
