Reports and accounting
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Anyone else have this issue? Invoices did not go out, so automatic payments did not process. Customers have deadlines to pay. Will this be resolved soon?
As mentioned many times on the community, I have a Bank of America corporate account with one credit card attached. When I connect and import this account to QbO, I get one account that only has payment transactions, and the other account, linked to my credit card, only has expense transactions.I understand the process of creating a separate account and importing these other accounts as sub accounts, which allows reconciliation.The problem I am seeing is that now my balance sheet shows 2 cards, one with a very large positive balance and the other with a very large negative balance. Together they equal my actual balance, but that looks very odd on the balance sheet. How can this get fixed?
Why do all my closed invoices show as a negative amount. I wasn’t overpaid and it’s showing the full amount but negative. Also the paid invoices are showing positive and have been paid in full
Using QBO Essentials, when I save and schedule a custom report, the pop-up tells me I can view all schedules by selecting "View all schedules" from the Action dropdown menu. But I don't have that option in the dropdown menu. How do I view (and edit) the schedules for these reports? Why is QBO telling me there is a function that I'm unable to see?
Is there a way I can print a group of customer list according to their customer types? For example i have 10 customers who are type A and 10 are type b. I only want to print the type A but QB dont give me the option to sort it that way. The costumer type column shows all the types. I only want to print type A. Please help.
Hi community I am trying to block the system automatically to avoid the sales team issuing new invoices when the customer has invoices past duePlease how do I do it?
I can't export the contractor payments report.
Hello,How can I remove line items from our collections report that already have a zero balance due to a previous general journal entry clearing the amount? This is for QuickBooks Desktop. Please see attached image for reference.
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We have two item receipts for the same line item on the purchase order. How do I combine those two item receipts into one bill.
Note: accrual basis company. A client has 60 day net terms and offers an early payment program, where the discount is variable based on market rates and days paid early (DPE). This means the discount isn't known until funds are pulled. To apply this discount, historically we've used the % / $ discount line item directly on the invoice. And the majority of the time, funds are pulled before the month-end close in which the invoice was issued, so the effects on the Income Statement aren't relevant/noticeable. However there can be an instance where an invoice is left longer, i.e. to reduce the DPEs/discount taken, and as such, going back and using that discount feature on an invoice in a month that's been closed will impact the reporting, since the revenue is based on when the invoice was issued. In short, it would decrease the revenue of the closed month. So since the discount feature will directly impact the income of the month in which the invoice is issued, would a
I wonder if you can assist me, I have 2 clients I have to refund money to, unfortunately we could not suppy their order as there is no stock for a while to come, and they had already paid and want a refund of their money paid. What is the process I follow, I have the 2 invoices, one was in February and the other in March so the February month I had already reconciled, I then went to create credit memo/refunds then that made no difference to my bank balance, so what am I doing wrong, I seem to find info for windows on the internet but not for my mac desktop 2019. Should I delete the invoices as currently I will also be paying vat on products I never supplied and its still recording the sale which didn’t happen as I have paid them back already. Kindly assist if you can with a step by step process. Thanks in advance.
We are a QBO Advanced user, and have developed a custom report for department managers to see their monthly transactions. It works fine - each month the report has to be customized to select the Class(es) relevant to their departments and emailed to them, for each of 30 managers. Now I want to ask my bookkeeper to do this monthly. Problem is, the Bookkeeper role doesn't allow customizing of a custom report. Neither does the Internal Accountant role (though it does allow customizing of a standard report). What permissions do I need to give my bookkeeper to allow them to customize a custom report?
None of those answers address this problem. Very frustrating!
I am treasurer of non-profit reporting to board of directors monthly. I use a custom comparative P&L/Statement of Activity to show results of current period vs previous period, current YTD and previous YTD. I moved from QB Desktop to QBOA in 2023. For the first time with March reporting, I am seeing the previous period labeled as Jan 29 to Feb 28 - a 31 day period, but not just the month of Feb. How can I fix this?
Hello, I am noticing that a payroll check is being counted twice in my profit/loss report. What is the appropriate way to track these? The first instance I see is a PayrollCheck entry under "PayrollExpenses:wages" account ( I believe this was auto generated). It maps to an employee check that was paid via direct deposit. The memo states "Gross pay: this is not a legal pay stub". And the other entry is the itemized deduction (i.e. actual withdrawals made from bank accounts broken up into pay, benefits, and taxes). It seems like a simple solution would be to delete the "paycheck" entry but I don't want to lose history of this paystub. Any suggestions on best practices? Thanks!
None of my Credit card payments show.
Part of our business is to purchase used lawn care machines, refurbish them (COGS Labor & Parts), then resell them.How should I record the transactions?Purchase item – bank withdrawal, Create an expense entry. Match together?Question: Does the expense entry category need to be recorded as COGS? Is the initial purchase of the item considered COGS? I see both yes and no answers on the internet.Add the item to non-inventory. Do the work.Invoice/sales Receipt which includes the Item from inventory, Labor (COGS), Parts (COGS).Question: Where do I put the sales price? Does that go into the sales section of the non-inventory item. Should I put the price I paid for the item in the purchased section of the non-inventory item?I'm afraid I'm recordinig the transactions incorrectly and the books are not correct.Thanks,Bill
